DHL: Phl emerging next trade leader

‘Even if the new US administration implements all of its proposed tariff increases and other countries retaliate, global trade is still expected to grow over the next five years — but at a much slower pace.’

Raffy Ayeng·16 March 2025, 12:20 am·1 MIN READ

DHL: Phl emerging next trade leader — Photograph courtesy of DHL express

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Global forecast

According to recent forecasts, goods trade will grow at a compound annual rate of 3.1 percent from 2024 to 2029.

“Even if the new US administration implements all of its proposed tariff increases and other countries retaliate, global trade is still expected to grow over the next five years — but at a much slower pace,” the study said.

“The DHL Trade Atlas 2025 reveals highly encouraging insights. There is still significant potential for trade growth in advanced and emerging economies worldwide. It’s impressive to see how international trade continues to withstand every conceivable challenge, from the 2008 financial crisis and the COVID-19 pandemic to tariffs and geopolitical conflicts. In today’s global business landscape, DHL can assist customers in reevaluating their supply chains by establishing a balanced approach between cost and risk, ensuring they are both efficient and secure,” Pearson explained.

The DHL Trade Atlas, presented by DHL and the New York University Stern School of Business, analyzes shifts in trade patterns and provides insights into how Asia generates opportunities in a turbulent world.

An extension of the established DHL Global Correctness Report, the DHL Trade Atlas maps the most important trends and prospects of global trade in goods, providing fact-based insights for businesses and policymakers in Asia.

In the face of geopolitical tensions and concerns about widespread tariff increases, the report features data-backed insights, covering nearly 200 countries and territories.