International Trade Trends: Emerging Patterns & Future Challenges

INTERNATIONA L TRADE Trade and Culture Sanu Khanal (2190015) Emerging Trends in international Trade Definition: Emerging trends are innovations and shifts influencing trade practices globally. Importance: Adapting to these trends ensures competitiveness and policy...

INTERNATIONA L TRADE Trade and Culture Sanu Khanal (2190015) Emerging Trends in international Trade Definition: Emerging trends are innovations and shifts influencing trade practices globally. Importance: Adapting to these trends ensures competitiveness and policy relevance. Visual: Icon representing a global network with arrows pointing outward. Digital Transformation in Trade E-Commerce Growth: Rapid expansion of online marketplaces. Example: Amazon and Alibaba driving cross-border trade. Blockchain Technology: Secure and transparent supply chains. Example: Tracking authenticity using blockchain. AI in Trade: Optimizing logistics and demand forecasting. Example: AI tools improving logistics efficiency. Sustainability and Green Trade Sustainable Practices: Example: Gr Focus on eco- een supply friendly chains. logistics. Circular Example: Comp Economy: anies Recycling and implementing reusing circular materials. practices. Geopolitical Shifts in Trade Regional Trade Agreements: Formation of trade blocs. Example: RCEP in Asia. Trade Wars and Tariffs: Geopolitical tensions influencing trade policies. Example: US-China trade impact. Future Challenges in International Trade Importance: Proactive planning helps mitigate risks. Economic Uncertainty: Fluctuations affecting trade. Example: Global recessions. Regulatory Complexity: Navigating diverse trade laws. Example: Data protection laws. Supply Chain Disruptions: Vulnerability to global events. Example: Pandemic bottlenecks. Future Opportunities in International Trade Technological Advancements: IoT for real-time shipment tracking. Market Diversification: Expanding into emerging markets. Example: Trade with Africa. Sustainable Trade Practices: Meeting eco-conscious demands. Example: Investment in renewable energy. Predictions for the Future of Trade Increased Digital Trade: Example: E-commerce share in global trade. Regionalization: Example: Growth of regional trade blocs like AfCFTA. Focus on Sustainability: Example: Carbon-neutral shipping methods. Question 01 02 How is digital What are the transformation implications of reshaping international sustainability trends for trade? global trade?