India set to power 6% of global trade growth, closing in on US and China, report says

3 months ago


India will drive 6% of global trade growth, securing third place worldwide behind US and China, the latest DHL Trade Atlas 2025, a comprehensive analysis of the most important trends in global trade released by logistics major DHL and the New York University Stern School of Business says.

In the next five years, India is anticipated to retain its third-place rank on the scale dimension as well as jump 15 spots to the 17th position on the speed dimension as its compound annual trade volume growth rate rises from 5.2% to 7.2%. Additionally, India may also deliver 6% of the world’s trade growth, behind China (12%) and the United States (10%), the DHL Trade Atlas 2025 said.

The report suggests that Asia’s trade outlook remains positive and is forecast to grow faster over the next five years compared to the preceding decade. India, Vietnam, Indonesia and the Philippines are expected lead this Asian growth.

“As we look towards the future of trade in Asia, it’s clear how trade growth has proven surprisingly resilient in the face of recent disruptions. With the ongoing diversification of supply chains that continues to reshape the commerce landscape, Asia has steadfastly emerged as a key player in the global market,” said Ken Lee, CEO – Asia Pacific, DHL Express. “However, we must approach this promising outlook with a measured perspective, recognising the uncertainties and volatility that continue to characterize the global business environment. As businesses diversify supply chains, it is essential they stay innovative in their strategy and proactive in seeking out new routes to growth.”

Keep exploring EU Venture Capital:  Want to Play a Game? Global Trade War Is the New Washington Pastime.



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