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Emerging and developing economies to make up significant share of global output China is expected to overtake the US,and dominate global trade by 2030.Together with China, emerging economies like Indonesia,Malaysia, Nigeria,Saudi Arabia and India are also poised to play an increasingly important role in the top sea and air freight routes in 20 years.These findings are revealed in the latest PwC“Future of world trade:Top 25 sea and air freight routes in 2030”report. In the report,PwC economists use special modelling techniques to project bilateral trade - requiring either sea or air freight - between 29 economies over the next two decades. The key findings reveal four key areas that could pres-
Emerging and developing economies to make up significant share of global output China is expected to overtake the US, and dominate global trade by 2030. Together with China, emerging economies like Indonesia, Malaysia, Nigeria, Saudi Arabia and India are also poised to play an increasingly important role in the top sea and air freight routes in 20 years. The findings were revealed in the latest PwC “Future of world trade: Top 25 sea and air freight routes in 2030” report. In the report, PwC economists use special modeling techniques to project bilateral trade - either either sea or air freight - between 29 economies over the next two decades. The key findings reveal four key areas that could pres-