Recent Release | 07 Jun 2023
The future of trade and B2B payments
Macro Consulting Team
Oxford Economics
Cross-border trade and business payments are shifting in real time. To help identify opportunities amid volatility, this new report by Convera and Oxford Economics offers insights into how global trade will evolve in coming years.
Global trade has remained remarkably resilient in recent years despite significant disruptions from the pandemic, war, and a shifting geopolitical landscape. Going forward, trade will remain an engine of global economic growth, but there will be a reconfiguration of the global trade landscape to adapt to emerging geopolitical, economic, and environmental realities.
B2B relationships are, and will continue to be, a critical component of global trade growth, supported by enablers such as currency exchange. Government policies will be key in this area. However, any products and technologies that help to simplify and reduce cross-border frictions will also play a pivotal role in driving healthy global trade.
The experts behind the research
Lloyd and Padmasai, members of the Macro Consulting team, a group of world leaders in quantitative economic analysis, working with clients around the globe and across sectors to build models, forecast markets and evaluate interventions using state-of-the art techniques.
Lloyd Barton
Associate Director, Macro Consultancy
Padmasai Varanasi
Senior Economist, Macro Consulting
Tags:
Recent trade-related reports
US supply-chain stress eases as front-loading pressures fade
The reversal of tariff-related front-loading pressures continues to offer relief to our supply-chain stress index.
Find Out More
Trade tracker – Tariff impacts continue to build
US tariff rates are climbing to levels not seen since the 1930s, with world trade expected to decline and inflation set to rise. What could this mean for global markets and economic growth?
Find Out More
US tariffs and the uneven impact across cities in Europe and Asia
The latest US tariffs are reshaping global trade patterns, hitting some cities harder than others. From Germany’s auto hubs to China’s electronics exporters, which regions will weather the storm and which will struggle?
Find Out More
The Future of Trade: Tariffs, Taxes, and Economic Trends
Amid ongoing global trade uncertainty, business leaders are struggling to plan ahead as new tariffs continue to reshape the market. Even so-called “locked-in” tariffs are proving to be temporary, adding to the unpredictability. Firms are cautious, waiting for clarity before committing to major investments. As global trade volumes decline, the importance of understanding every relevant trade tariff and accurately applying the correct HS code to imported goods becomes even more critical for managing costs and compliance.
Find Out More