DHL Global Trade Barometer
The DHL Global Trade Barometer is a new and unique early indicator for the current state and future development of global trade. It is based on large amounts of logistics data that are evaluated with the help of artificial intelligence. Since global trade fuels the world economy, the DHL Global Trade Barometer not only provides an outlook on future trade, but also on the prospects for the global economy.
Jun 27, 2018: Despite increasing trade tensions, global trade growth expected to accelerate slightly in the third quarter of 2018
The DHL Global Trade Barometer predicts that global trade growth will continue to accelerate over the next three months. Compared to the previous release in March, the overall GTB index rose by one point, now standing at 67 points. According to the GTB methodology, an index value above 50 signals a positive growth forecast. The increase is notable because the data on which the Global Trade Barometer is based show no impact of the current increase in international trade disputes. The rise in the overall index was primarily driven by a slight increase for containerized ocean freight, which has now reached an index value of 64 points. The index for global air trade remained unchanged at 70 points.
Country Specific Reports
How it works
In addition to the findings on world trade in general, the DHL Global Trade Barometer provides deep insights into specific issues, e.g. the main macroeconomic factors that are affecting trade trends or the countries and regions that are driving global trade. By breaking down the global supply chain, volume trends within industry sectors could be identified, pointing to outperforming and declining sectors.
The insights from the DHL Global Trade Barometer will help DHL customers to optimize their business processes, for example providing guidance for investment and supply chain decisions. Moreover, DHL itself will leverage the indicator to fine-tune its own resource planning for its international logistics operations. Due to the high quality of the data, the company believes that the DHL Global Trade Barometer has a high significance also beyond logistics. Since it is an indicator for future trade and economic growth worldwide, the index could be integrated into forecast models by banks, associations or economic research institutes.