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Our suite of trade solutions and services helps our clients understand the business impacts and provides the tools they need to make business decisions.
S&P Global estimates had shown world real GDP growth slowing from 3.2% in 2018 to 2.6% in 2019, an expected decrease in 2020, and then picking up again in 2021. The world growth rates in 2019 and 2020 for real GDP, trade volume and real value are below CAGR for the period 2005 - 18 which is indicative of a global slowdown. The stronger recovery is visible in forecasts for 2021. How has the outlook been impacted? What are other emerging trends in global trade?
How have specific industries been impacted by COVID-19?
Understanding the impact of COVID-19 by industry is increasingly important. From the EU cereal supply chain, to the UK fishing industry, and exports of pharmaceuticals, international trade data provides insights into emerging trends.
Key factors influencing global trade
While COVID-19 is driving high levels of uncertainty to global trade, other key factors can affect the global and regional forecasts.
What questions can you expect to answer through Global Trade Forecasting with S&P Global analysis?
See how S&P Global Maritime & Trade can help you understand the future impacts of trade, supply-chain, logistics, compliance, defense, procurement and other maritime industry topics.
