Insight Report – Future of World Trade

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Trade in goods and services accounts for nearly 60 percent of the world's economic output, and the global average tariff has been cut in half since the 1990s to less than seven percent. A closer look, however, reveals that the hyperglobalisation of the last 70 years is in jeopardy.

Trade in goods and services accounts for nearly 60 percent of the world’s economic output, and the global average tariff has been cut in half since the 1990s to less than seven percent. A closer look, however, reveals that the hyperglobalisation of the last 70 years is in jeopardy. 

Our partners Western Union Business Solutions review the expected shift in global economic power, the complex nature of globalisation and the regionalisation of world trade.

Download the report HERE.