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Redrawing the Map of Global Trade – BCG insights
August 5, 2020Global trade in 2020 is projected to decline by 20% and it is not projected to regain its 2019 absolute level of $18 trillion until 2023.
Regardless of when the top-line numbers fully recover, however, the global trade landscape will still look dramatically different as companies shift their focus from fighting the pandemic to winning the post-COVID-19 future.