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Global trade continues to grow steadily, despite geopolitical tensions and rising U.S. tariffs. Analysts forecast that from 2024 to 2029, international trade will grow at an average rate of 3.1% annually, roughly in line with global GDP growth.
However, U.S. trade barriers and instability in certain regions could slow economic development.
According to the “Trade Atlas 2025”, the most promising markets include:
Trade growth in South and Central Asia and ASEAN countries is expected to be 5-6% annually, while other regions will grow at 2-4% per year.
Notably, the average distance goods travel has reached 5,000 km, underscoring the globalization of trade rather than regionalization.
While U.S. tariff policies may create obstacles, they could also strengthen trade relationships between other regions. Analysts suggest that Trump’s tariff threats may be scaled back or delayed.
Despite this, the U.S. holds 13% of global imports and 9% of exports, making its policies influential but not solely decisive for global trade.
Contact Neolit Logistics for customized global trade logistics solutions!
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