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► 7 global trends
& TF measures
► Trade Facilitation
and Development
Trade Facilitation
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► 7 global trends
& TF measures
► Trade Facilitation
and Development
Trade Facilitation
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7 reasons why the measures in the WTO TFA are more important for
trade today than before
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1 Trade in manufactured goods
Today’s Scenario: Developing countries participate in globalized production. They also import raw materials and also export manufactured goods
Developing countries’ % share of global seaborne trade - tonnes. UNCTAD, Review of Maritime Transport 2016
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Source: http://www.extremetech.com/wp-content/uploads/2014/09/apple-watch-round-concept.jpg
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2. Globalized production
►More intra-company trade
►More trade in intermediate products
►Logistics part of production process
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World trade by stage of processing
Source: UNCTAD, Key Trends in International Merchandise Trade, 2015
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3. Protection
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Trade facilitation trade-off?
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TF measures help!
►Improve revenue collection
►Improve controls
►Improve security
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4. New Geography of Trade
Growing South-South Trade
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5. Changing logistics expenditures
Inventory
holding
expenditures
decrease,
and Transport
expenditures
increase
CSCM – State of Logistics Report various issues. Data for United States
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6. Regional integration
►Increased regional and transit trade
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Freedom of transit.
“Transit” also included in several
other TFA Articles
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7. E-Commerce