Ceo Tim Scharwath About The Dhl Global Trade Barometer - June 2019 Page

In June 2019, Tim Scharwath , CEO of DHL Global Forwarding, Freight, addressed the latest findings of the DHL Global Trade Barometer . His insights highlighted a significant shift as the index dipped below the 50-point "no growth" threshold for the first time since its launch, signaling a moderate contraction in world trade. Global Trade Cooling Down

The overall world trade index fell to 48 points in June 2019, down significantly from previous quarters. In June 2019, Tim Scharwath , CEO of

Despite the global downturn, the barometer revealed a mixed picture among the seven constituent countries. DHL GLOBAL TRADE BAROMETER – WORLD Despite the global downturn, the barometer revealed a

Tim Scharwath likened the rapid growth of previous years to "climbing Mount Everest," noting that by mid-2019, the market was on the "descent". While earlier reports in 2019 suggested trade would remain positive despite a slowdown, the June update reflected the reality of intensifying trade disputes, particularly between the U.S. and China. and China

Both sectors experienced a downturn. Global air trade dropped to 49 points, while ocean trade also fell to 48 points, indicating sluggishness across the board. Mixed Regional Performance