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.

Tim Scharwath, CEO DHL Global Forwarding, Freight

Global trade slowly growing despite downside risks fuelling a negative sentiment

According to the latest three-months forecast by the DHL Global Trade Barometer (GTB), trade growth will continue to lose momentum. The overall growth index decreased by -4 points compared to the last update in December. However, scoring 56 points in March, the index still signals slight growth, even though it comes ever closer to the threshold of 50 points, which marks the line between positive and negative growth in the GTB methodology. No surveyed country was able to maintain an overall index value of 60 points or higher, with prospects slowing down for almost all countries. The only countries currently resisting this downward trend are Germany and the UK.

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How it works

  • The DHL Global Trade Barometer is based on import and export data for a number of intermediate and early-cycle commodities that serve as the basis for further industrial production, e.g. brand labels for clothes, bumpers for cars or touch screens for mobile devices. Sources for the index are aggregated market data from air and containerized ocean freight in seven countries, which account for more than 75 percent of world trade. Using artificial intelligence and various statistical methods this data is compressed to a single index value, which is published on a global level and individually for the seven countries evaluated.

    The DHL Global Trade Barometer index represents the weighted average of the current growth and the upcoming two months of global trade. An index value above 50 indicates a positive development; values below 50 point to a decline in world trade. Tests with historical data have revealed a high correlation between the DHL Global Trade Barometer and real containerized trade, providing a three-month forward-looking estimate.

  • 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.

David Stöppler

Topics: DHL Global Forwarding, DHL Freight

Deutsche Post DHL Group
Charles-de-Gaulle-Str. 20
53113 Bonn
Germany

Phone: +49 (0)228 182 9944
Fax: +49 (0)228 182 9880

Twitter: @dpdhl_stoeppler

Leveraging Logistics to Forecast Trade Trends

In a world characterized by volatility and uncertainty, the logistics industry can use big data and predictive analytics to deliver more transparency and predictability on global trade and the world economy. Here’s how.