Prospects for Emerging Trade Lanes
Survey question: Which of the following trade lanes do you believe have the greatest potential for future growth?
The intra-Asia trade lane remains the most promising
according to survey respondents. This is despite China’s
lower demand for commodities and weak growth in
trade volumes. The region is, though, increasingly
interconnected with many markets involved in various
stages of production, with components across the value
chain manufactured in several different markets before
being shipped to an assembly location for re-export.
The lane is also expected to see a boost in volumes as
consumption in the region rises, with a greater proportion
of goods shipped to destination markets in the region,
rather than being sent elsewhere in the world. As a
measure of the growth in consumption across Asia
Pacific, its share of world consumption is expected to
increase from 27% in 2016 to 39% by 2035, according to
IHS Global Insight.
To read the Emerging Market 2017 full report, click here.