Arab Today, arab today global trade picking up faster
Last Updated : GMT 02:00:43
Arab Today, arab today
Arab Today, arab today

Global trade picking up faster

Arab Today, arab today

Arab Today, arab today Global trade picking up faster

New York - UPI

Global trade may be picking up faster than originally anticipated and that may be good news for U.S. commerce and business elsewhere. Until recently, hopes were pinned on trade accelerating no earlier than 2015. But recent findings from business activities worldwide suggest international trade growth in the United States and elsewhere around the world will accelerate beginning in 2014, one year earlier than forecast. The prognosis from HSBC\'s Global Connections trade forecast said international business will recover more rapidly than expected and increase trade activity earlier due to two key trends: trade fueling more trade and international businesses in search of the best trade partners developing new trade corridors, regardless of location. Overall global trade is projected to grow $1 trillion year-on-year to 2016. Exports are expected to fuel U.S. trade growth in near term. U.S. exports to China are forecast to outpace U.S. imports from China during next five years, the report said. Of these, U.S. motor vehicle exports to China are likely to grow at annualized rate of nearly 12 percent in the next five years. \"The U.S. economy is expected to grow moderately in 2012 but our latest trade forecast shows that to accelerate growth and keep pace with the rest of the world, particularly the emerging world, over the long-term, U.S. businesses will want to begin better connecting themselves to international markets now,\" said Stephen Bottomley, senior executive vice president and head of commercial banking, HSBC North America. \"Across industries, and across regions of the world, the trade forecast reveals there is plenty of opportunity for many years to come for forward-looking internationally minded companies that plan ahead. HSBC can serve as a trusted adviser and provide business customers a full spectrum of products and services that can assist them with thinking out and executing their international growth plans.\" The long-range U.S. and global trade snapshot, encompassing the next five, 10 and 15 years, is part of a broader look at global trade. HSBC says its Global Connections research spans 37 countries and is a comprehensive exploration of the future opportunities for businesses operating internationally, combining trade data from around the world with lead indicators of world trade and macroeconomic trend information. It also identifies new and emerging trade hubs -- countries that are developing or expanding their role as gateways in key trade corridors or between regions. Emerging trade corridors suggest that North America will be reducing reliance on China with Vietnam, Indonesia, Turkey and Poland all emerging as key trade partners Inter-regional trade remains significant for North America, largely driven by trade between the United States and Canada, with Mexico accounting for roughly 25 percent of all North American inter-regional trade. Trade growth in Latin America is predicted to grow one-third more than predicted for the rest of the world which reflects strong infrastructure development in the region. \"The growth of trade is not merely an emerging market story, rather an international one. In 2011, U.S. exports grew an impressive 14.5 percent, with exports of U.S. manufactured goods reaching a record $1.27 trillion,\" said Christopher Lewis, executive vice president, head of global trade and receivables finance, HSBC North America.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today global trade picking up faster Arab Today, arab today global trade picking up faster

 



Arab Today, arab today
Arab Today, arab today Ideen Belmahdy happy to be part of “ Fashion Star”

GMT 17:00 2017 Sunday ,26 February

Ideen Belmahdy happy to be part of “ Fashion Star”
Arab Today, arab today 17.4m tourists visit UAE in 2016

GMT 00:47 2017 Monday ,27 February

17.4m tourists visit UAE in 2016
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars

GMT 14:44 2017 Saturday ,25 February

China overtakes US as Germany’s top trade partner

GMT 05:53 2017 Saturday ,25 February

Global sovereign debt to hit new all-time high

GMT 05:17 2017 Saturday ,25 February

Oil world cautious on Trump’s next move

GMT 09:59 2017 Friday ,24 February

Baidu revenue slips anew amid ad clampdown

GMT 05:20 2017 Thursday ,23 February

WTO ratifies first multilateral trade deal
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Ola Ghanem hopes to work with M.Ramadan

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 13:47 2017 Friday ,24 February

Rabia Fatima reveals role of "Facebook" in her career

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday