Benise Balaoing

International Container Services, Inc. (ICTSI) port  and terminal in Manila.

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MANILA-PORT

ABS-CBN News

<p>MANILA -- The Philippines is expected to be one of the leaders in international trade in the next few years, global logistics giant DHL said Friday.</p><p>In its 2025 Trade Atlas, DHL said the Philippines is seen to be among the top 30 leaders in trade growth in terms of speed (growth rate) and scale (absolute amount).</p><p>The Philippines, in particular, may soar 114 positions to rank 15th in terms of speed, and jump from 68th to 30th in terms of scale.</p><div><a href="https://www.abs-cbn.com/news/business/2025/1/9/exports-imports-fall-in-november-as-external-trade-shrinks-1710" rel="noopener noreferrer" target="_blank">Exports, imports fall in November as external trade shrinks</a></div><p>India, Vietnam and Indonesia are also expected to be global trade leaders from 2024 to 2029, DHL said.</p><p>The logistics company said Southeast Asia, South Asia, and sub-Saharan Africa are forecast to see much faster trade volume growth than all other regions from 2024 to 2029.</p><p>In a statement, DHL said the center of gravity of world trade has shifted, with the share of world trade borne by South and Central Asia rising from 2 percent to 5 percent between 2000 and 2024.</p><p>The company also noted that trade has not become more regionalized, despite growing interest in nearshoring.</p><p>&quot;In the first nine months of 2024, the average
distance traversed for all traded goods reached a
record of 5,000 kilometers,&quot; DHL said.</p><p>The company also said global trade is likely to survive US <a href="https://www.abs-cbn.com/news/business/2025/3/14/trump-threatens-huge-tariffs-on-european-wine-spirits-0954" rel="noopener noreferrer" target="_blank">President Donald Trump</a>&#x27;s second term in office.</p><p>The firm noted that Trump has promised to raise tariffs in varying degrees on all US trade partners.</p><div><a href="https://www.abs-cbn.com/news/world/2025/3/11/trump-doubles-down-on-canada-trade-war-with-major-tariff-hike-1217" rel="noopener noreferrer" target="_blank">Trump doubles down on Canada trade war with major tariff hike</a></div><div><a href="https://www.abs-cbn.com/news/business/2025/3/16/-impossible-us-breweries-buffeted-by-trump-tariffs-1415" rel="noopener noreferrer" target="_blank">&#x27;Impossible&#x27;: US breweries buffeted by Trump tariffs</a></div><div><a href="https://www.abs-cbn.com/news/business/2025/3/7/trump-tariffs-what-s-been-done-and-what-is-to-come-0016" rel="noopener noreferrer" target="_blank">Trump tariffs: What&#x27;s been done and what is to come?</a></div><p>If those promises become policy, they imply a push by the U.S. to become more self-sufficient and to participate less in international trade. But other countries are not lining up to follow the U.S. on a march away from international trade,&quot; DHL noted.</p><p>&quot;On the contrary, most other countries continue to pursue trade growth as a key economic development opportunity,&quot; it added.</p><p>DHL also noted that the US is not enough to reverse global trade on its own.</p><p>&quot;The U.S. share of global goods imports currently stands at 13 percent (and the U.S. share of global goods exports is 9 percent). That means that U.S. trade policies can create upheaval that affects the rest of the world – but their effects are probably not large enough to take down the global trading system,&quot; the company said.</p><div><strong>RELATED STORY:</strong></div><div><span class="fr-video fr-deletable fr-fvc fr-dvb fr-draggable" contenteditable="false" draggable="true"><iframe width="640" height="360" src="https://www.youtube.com/embed/U5VWIO-YF_E?&amp;ab_channel=ANC24%2F7autoplay=1&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe></span><br/></div>

<p>The Philippines is poised to be a global leader in international trade in the next few years, DHL said.</p>

The Philippines is poised to be a global leader in international trade in the next few years, DHL said.

Philippines to emerge as a top global trade leader: DHL

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Philippines to emerge as a top global trade leader: DHL

Benise Balaoing,

ABS-CBN News

Published Mar 18, 2025 02:31 PM PHT

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