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Global trade outlook - February 2023 report
This report sets out some of the long-term trends that are likely to shape the global economy and international trade in coming decades.
Details
This report sets out long-term trends that may shape the global economy and international trade between now and 2050.
The report has been produced to help inform policymakers and strategists and contribute to the wider debate about the future of trade. It also sets out some of the economic trends that underpin the UK’s trade strategy.
This is the second edition of the Global Trade Outlook. It has been updated for economic developments over the past 18 months, including the post-pandemic recovery and the war in Ukraine. The analysis includes projections for the size of trade by region and country between 2021 and 2050 and by sector between 2021 and 2035. These projections are one possible future that could emerge based on an informed analysis and neutral extrapolation of the trends we observe today.