Ceo Tim Scharwath About The Dhl Global Trade Barometer - June 2019 -
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
Despite the global downturn, the barometer revealed a mixed picture among the seven constituent countries. DHL GLOBAL TRADE BAROMETER – WORLD Both sectors experienced a downturn
The overall world trade index fell to 48 points in June 2019, down significantly from previous quarters. DHL GLOBAL TRADE BAROMETER – WORLD The overall
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
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
