The complication of concentration in global trade

Jan 12, 2023

Container ships and bulk carriers are seen in the shipping lanes off the coast of Singapore March 10, 2009. Global trade is undergoing a change, as discussion over how to improve resilience in trade has picked up.

Global trade is undergoing a change, as discussion over how to improve resilience in trade has picked up. Image: REUTERS/Vivek Prakash

Olivia White

Director, McKinsey Global Institute, Senior Partner, McKinsey & Company

Sven Smit

Senior Partner, McKinsey & Company

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When it comes to global trade, no region is entirely self-sufficient. Image: International Energy Agency, USDA, UN Comtrade, OECD, McKinsey Global Institute

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Image: UNComtrade, 2021; McKinsey Global Institute

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