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Trade growth picked up gradually in 2024 despite regional conflicts and geopolitical tensions
Potential shifts in United States trade policy, including broader tariffs that could disrupt global value chains and impact key trading partners, and the increased use of industrial policies in many countries, are likely to negatively influence global trade growth in 2025. The threat of renewed and expanded trade wars, along with ongoing geopolitical tensions, casts uncertainty on the outlook for global trade in 2025.
Global Trade Map
IPRA Global Trade Map provides a full picture of the evolution of global trade flows, global interdependence and the networks created by them.
A trade position is defined as a trade surplus if the trade balance with the United States is more than $1 billion. A higher tariff position is defined as an average applied tariff rate that exceeds the corresponding United States tariff rate applied to the specific country by more than 1
Trade and tariff imbalances relative to the United States
No significant trade surplus and similar tariffs
Higher tariffs
Trade surplus
Trade surplus and higher tariffs
How are trade between economies evolved over time?
What are the main traded sectors and who are the leading trading partners
Which products are supplied by African economies?
How are trade between African economies evolved over time?
What are the most important trade corridors?
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