in

Global trade flows are ever-changing. Our digital interactive helps you understand how.

On Point

TODAY’S NEWS. TOMORROW’S INSIGHTS.
A daily newsletter from McKinsey & Company

Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities

Exploring global trade ties

In the news

•

Enduring trade links. Across the globe, flows of capital, goods, and services have withstood even the extraordinary shocks of the past few years. Despite talk of decoupling economies, trade between Asia and North America reached a historic high in 2022. In addition, currency trade has climbed to $7.5 trillion per day, the Bank for International Settlements recently revealed. While trade flows have shifted significantly since the 1990s, a time when multinationals expanded rapidly into Asia and elsewhere, the world economy remains highly integrated. [Bloomberg]

•

Potential new partnership. Even amid economic and geopolitical volatility, global trade is robust, with the value of international trade increasing 26% above prepandemic figures from 2019. With the next era of growth centered on sustainability and technology, India and Africa could become major trade hubs, a Brookings Institution fellow says. The pair could benefit from a trade partnership worth roughly $20 trillion over the next two decades, as the regions deliver clean energy, digital infrastructure, and green products to the rest of the world. [FT]

No region is self-sufficient in today’s interconnected world. Every region relies on trade with others, both as markets and suppliers.

On McKinsey.com

•

Global ties. In spite of recent disruptions, global trade flows are remarkably resilient, with the world remaining deeply interconnected, analysis from the McKinsey Global Institute (MGI) has found. Global connections are constantly evolving. To navigate a more complex and challenging era, leaders must have a deeper understanding of how trade relationships are changing, along with the interdependencies and networks created by them, Sven Smit, MGI’s director and chair, and colleagues explain. Fact-based trade insights can inform management and policy decisions.

•

Top trade routes. From oil from the Middle East, to power from East Asia, to agriculture from the Americas to the rest of the world, global flows travel through corridors that connect countries, shaping the global economy. Recent MGI research has revealed that Asia plays a critical role as the world’s manufacturing and trade hub, as the region is home to 13 of the 20 largest trade corridors. View our interactive digital tool, Global Trade Explorer, to learn how global trade flows have developed from the 1990s to recent years.

Visit our Global Trade Explorer

— Edited by Belinda Yu, editor, Atlanta

Introducing Insights to Impact
Be among the first to subscribe to this free newsletter delivering a weekly roundup of analysis that’s influencing decision makers. Each Friday, we’ll offer insights across geographies, industries, and capabilities to help leaders identify new opportunities to spur innovation and growth, sustainably.
Click to subscribe

Was this forwarded to you? Sign up here.

Or send us feedback—we’d love to hear from you.

Follow our thinking

This email contains information about McKinsey's research, insights, services, or events. By opening our emails or clicking on links, you agree to our use of cookies and web tracking technology. For more information on how we use and protect your information, please review our privacy policy.

You received this email because you subscribed to the On Point newsletter.

Manage subscriptions | Unsubscribe

by "McKinsey On Point" <publishing@email.mckinsey.com> - 01:18 - 15 Nov 2023

Archives

in

info@learn.odoo.com

79 Engineering Blogs To Level Up Your System Design Skills

Forward Thinking on how geeks are changing the world with Andrew McAfee

Global trade flows are ever-changing. Our digital interactive helps you understand how.

Exploring global trade ties

In the news

No region is self-sufficient in today’s interconnected world. Every region relies on trade with others, both as markets and suppliers.

On McKinsey.com