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10 countries that will rule world trade

10 countries that will rule world trade

While the world is currently growing through tough economic times, the long-term picture looks much better.

Economists project world trade (ie the sum of imports and exports) in real terms is set to jump from $37 trillion in 2010 to $287 trillion in 2050, according to a Citigroup report.

Specifically, trade is set to transform with most growth coming from emerging markets.

So, let’s take a look at 10 countries that will command world trade in 2050, according to Business Insider.

10 countries that will rule world trade

10 countries that will rule world trade

                  Country: India

                  Trade in 2050: $25.7 trillion

                  Per cent of world trade: Nine

                  World ranking: Two

                  

10 countries that will rule world trade

10 countries that will rule world trade

                Country: China

                Trade in 2050: $52.2 trillion

                Per cent of world trade: 18.2

                World ranking: One

10 countries that will rule world trade

10 countries that will rule world trade

                Country: The United States

                Trade in 2050: $19.1 trillion

                Per cent of world trade: 6.6

                World ranking: Three

10 countries that will rule world trade

10 countries that will rule world trade

                Country: Germany

                Trade in 2050: $9.9 trillion

                Per cent of world trade: 3.5

                World ranking: Four

10 countries that will rule world trade

10 countries that will rule world trade

                Country: South Korea

                Trade in 2050: $9.7 trillion

                Per cent of world trade: 3.4

                World ranking: Five

10 countries that will rule world trade

10 countries that will rule world trade

                Country: Indonesia

                Trade in 2050: $8.8 trillion

                Per cent of world trade: 3.1

                World ranking: Six

10 countries that will rule world trade

10 countries that will rule world trade

                Country: Hong Kong

                Trade in 2050: $8.5 trillion

                Per cent of world trade: 2.3

                World ranking: Seven

10 countries that will rule world trade

10 countries that will rule world trade

                Country: Japan

                Trade in 2050: $7.6 trillion

                Per cent of world trade: 2.7

                World ranking: Eighth

10 countries that will rule world trade

10 countries that will rule world trade

                Country: Singapore

                Trade in 2050: $6.8 trillion

                Per cent of world trade: 2.4

                World ranking: Nine

10 countries that will rule world trade

10 countries that will rule world trade

                Country: The United Kingdom

                Trade in 2050: $6.02 trillion

                Per cent of world trade: 2.1

                World ranking: Ten

    Posted in : Business

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One Response to “10 countries that will rule world trade”
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