The landscape of global trade is anticipated to evolve with moderate growth as the international community responds to tariff strategies enacted by the U.S. government. According to a report by Reuters, DHL Group CEO Tobias Meyer emphasized that the bulk of global trade, which remains unaffected by U.S. policies, shows positive momentum.

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The DHL Trade Atlas 2025, developed by DHL in collaboration with New York University’s Stern School of Business, projects a compound annual growth rate of 3.1% for global goods trade from 2024 to 2029. This rate indicates a slight acceleration compared to the previous decade. DHL, alongside U.S. giants such as UPS and FedEx, serves a crucial role in monitoring economic trends due to its widespread operation across various industries worldwide.

Leading the charge in trade growth within this period are countries like India, Vietnam, Indonesia, and the Philippines. Experts predict that, notwithstanding potential additional U.S. tariff hikes and retaliatory measures from other nations, global trade will continue on a growth trajectory, albeit at a decelerated pace.

The United States continues to play a pivotal role as the leading global importer and the second in export rank. The country’s current import and export shares stand at 13% and 9% respectively, influencing but not singularly dictating the course of global trade, according to the IndexBox platform data.

Source: IndexBox Market Intelligence Platform