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.
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.
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.
Topics: DHL Global Forwarding, DHL Freight
Deutsche Post DHL Group
Phone: +49 (0)228 182 9944
Fax: +49 (0)228 182 9880