How to Adapt to the New Normal of International Trade in 2025?
7828-Mar-2025
In Q4 2024, global commodity trade appeared stable and is expected to continue growing in the first few months of 2025. The WTO’s Goods Trade Barometer edged up slightly to 102.8, nearly unchanged from December’s 102.7 (a barometer reading above 100 indicates trade volume is above trend, while below 100 suggests trade is falling short of or will soon fall below trend).
Source: WTO
Export orders (101.0), electronic components (102.3), and raw materials (101.6) remained at trend levels, while indices for automotive products (105.5), container shipping (103.7), and air freight (102.7) were moderately above trend.
However, rising trade policy uncertainties and the prospect of new tariffs such as the high tariffs and trade barriers recently implemented under the Trump administration could put pressure on trade, with their effects often showing a lag.
So, how should we adjust our trade strategies in 2025 to adapt to these changes? In this article, we delve deep into the analysis.
Post-pandemic, the recovery has been uneven. Shipping data and customs trends reveal significant shifts, and traders now must quickly adapt to the new rules.
Overall, traders must update their supply chain strategies to adapt to these evolving regulations.
Enhanced regional cooperation is underway as governments and regional economic communities, such as ASEAN, RCEP members, and the African Union, ramp up infrastructure investments and negotiate free trade agreements to build new trade corridors.
Beyond traditional trade partners in Europe and North America, more developing countries and emerging economies are forming new trade alliances, driving cross-border e-commerce, investment, and technological cooperation, thereby injecting fresh vitality into global trade.
Faced with U.S. unilateral tariffs and geopolitical uncertainties, an increasing number of companies are adopting a "China+1" strategy by actively positioning themselves in Southeast Asia, Africa, and Latin America to reduce single-market risks and enhance supply chain resilience.
Major trade intelligence platforms now leverage big data, AI, and cloud computing for real-time monitoring, enabling businesses to track trade flows, tariffs, and supply chain risks for strategic decisions.
As digital technology evolves, global trade is rapidly changing. Companies now leverage advanced tools to analyze import information and export information, which aids in making better decisions, such as identifying the best Asia import routes and using India export data to forecast demand.
The WTO has noted that adopting these new tools is key for businesses to recover from the pandemic and thrive in the future. These tools provide clarity and enable swift action.
“The proliferation of digital services, including artificial intelligence, will drive the growth of both goods and services trade.”
Trade data analysis has become an essential component of trade strategies for large import/export enterprises.
For example, it helps export-oriented companies in Bangladesh understand real-time U.S. import trends, while supply chain mapping tools make it easy to track the flow of goods and supply-demand dynamics, ultimately helping companies export to the U.S. market.
By focusing on these new technologies, companies can not only keep pace with the trends but also lead the way in a world where sharing export and import information is crucial.
The future lies in making smart decisions based on data-driven insights.
Global trade is evolving at breakneck speed, and companies must be agile. Here are some key strategies to thrive in this dynamic environment:
Diversify Your Supplier Base
Embrace Technology
Prioritize Cost Efficiency & Resilience
Continuous Learning & Adaptation
๐น UN Comtrade (https://comtrade.un.org/) – The most comprehensive global trade database with import/export statistics.
๐น World Trade Organization (WTO) (https://www.wto.org/) – Provides trade policy updates, trends, and reports.
๐น Trade Map (ITC) (https://www.trademap.org/) – Offers trade statistics by country, product, and market trends.
๐น U.S. Census Bureau (https://www.census.gov/foreign-trade/) – U.S. trade data, including imports, exports, and economic indicators.
๐น Eurostat (https://ec.europa.eu/eurostat) – Trade data and statistics for the EU market.
๐น China Customs (http://www.customs.gov.cn/) – Official Chinese trade statistics and import/export data.
For real-time insights, businesses often use private trade intelligence platforms like TradeMagellan. All information provided at the company level.
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