2028 Market Forecasts for Trade and B2B Payments

This report is a technical document that outlines the future of trade and B2B payments, providing market forecasts for the years 2023 to 2028. It discusses the resilience of global commerce despite various challenges, including the pandemic and geopolitical tensions. The report details how international trade rebounded post-pandemic, with a notable increase in the value of trade from 2019 to 2022. It highlights the expected growth of cross-border B2B services, driven by digitalization and automation, and forecasts a significant rise in services trade over the next five years. Additionally, the report examines the impact of the low-carbon transition on goods trade patterns, predicting shifts in trade dynamics due to government policies and environmental goals. The methodology section explains the approach taken to develop these forecasts, including historical data analysis and macroeconomic modeling. Overall, the report aims to provide business executives with insights to inform their strategic decisions regarding international operations.