10 countries that will rule world trade
Last updated on: January 2, 2012 08:28 IST
While the world is currently growing through tough economic times, the long-term picture looks much better.
Economists project world trade (ie the sum of imports and exports) in real terms is set to jump from $37 trillion in 2010 to $287 trillion in 2050, according to a Citigroup report.
Specifically, trade is set to transform with most growth coming from emerging markets.
So, let's take a look at 10 countries that will command world trade in 2050, according to Business Insider.
Click NEXT to see India's place in global trade...
Image: Long-term picture looks much better.
Photographs: Courtesy, Wikipedia Commons
10 countries that will rule world trade
Last updated on: January 2, 2012 08:28 IST
Country: India
Trade in 2050: $25.7 trillion
Per cent of world trade: Nine
World ranking: Two
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Image: A view of Gateway of India in Mumbai.
Photographs: Courtesy, Wikipedia Commons
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10 countries that will rule world trade
Last updated on: January 2, 2012 08:28 IST
Country: China
Trade in 2050: $52.2 trillion
Per cent of world trade: 18.2
World ranking: One
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Image: A view of Shanghai.
Photographs: Courtesy, Wikipedia Commons
10 countries that will rule world trade
Last updated on: January 2, 2012 08:28 IST
Country: The United States
Trade in 2050: $19.1 trillion
Per cent of world trade: 6.6
World ranking: Three
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Image: Times Square in New York City.
Photographs: Courtesy, Wikipedia Commons
10 countries that will rule world trade
Last updated on: January 2, 2012 08:28 IST
Country: Germany
Trade in 2050: $9.9 trillion
Per cent of world trade: 3.5
World ranking: Four
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Image: A view of Frankfurt, Germany.
Photographs: Courtesy, Wikipedia Commons
10 countries that will rule world trade
Last updated on: January 2, 2012 08:28 IST
Country: South Korea
Trade in 2050: $9.7 trillion
Per cent of world trade: 3.4
World ranking: Five
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Image: Seoul, South Korea.
Photographs: Courtesy, Wikipedia Commons
10 countries that will rule world trade
Last updated on: January 2, 2012 08:28 IST
Country: Indonesia
Trade in 2050: $8.8 trillion
Per cent of world trade: 3.1
World ranking: Six
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Image: Jakarta, Indonesia.
Photographs: Courtesy, Wikipedia Commons
10 countries that will rule world trade
Last updated on: January 2, 2012 08:28 IST
Country: Hong Kong
Trade in 2050: $8.5 trillion
Per cent of world trade: 2.3
World ranking: Seven
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Image: A view of Hong Kong.
Photographs: Courtesy, Wikipedia Commons
10 countries that will rule world trade
Last updated on: January 2, 2012 08:28 IST
Country: Japan
Trade in 2050: $7.6 trillion
Per cent of world trade: 2.7
World ranking: Eighth
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Image: Tokyo, Japan.
Photographs: Courtesy, Wikipedia Commons
10 countries that will rule world trade
Last updated on: January 2, 2012 08:28 IST
Country: Singapore
Trade in 2050: $6.8 trillion
Per cent of world trade: 2.4
World ranking: Nine
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Image: A view of Singapore.
Photographs: Courtesy, Wikipedia Commons
10 countries that will rule world trade
Last updated on: January 2, 2012 08:28 IST
Country: The United Kingdom
Trade in 2050: $6.02 trillion
Per cent of world trade: 2.1
World ranking: 10
Image: A view of London, United Kingdom.
Photographs: Courtesy, Wikipedia Commons
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