Global exports are concentrated in a few major economies but developing countries have made great strides in their export performance. This creates opportunities for astute global supply chain managers.
Foreign-invested enterprises played a key role in making China the world’s largest exporter, but since 2007, China’s trade has shifted precipitously to self-reliance.
In recent years there has been a direct correlation between population and economic growth.
China is for several years already the world’s leading producer of cars, and it looks set to soon become the world’s leading exporter of cars as well.
In Europe, most trade is intra-regional, while Asia and North America have a balanced distribution of internal and external trade.
The global economy is undergoing a gradual but inexorable shift from developed to emerging economies.
Australia’s highly specialized export profile can be a source of risk and opportunity in a changing global trade context.
The world will soon witness a historic development when India’s economy surpasses Germany and Japan. The relentless rise of India’s economy makes it imperative for businesses to position themselves accordingly.