It’s hard to ignore the continued growth and influence coming out of Asia for trade. Asia’s trade growth continues to surge, with the Asian Development Bank (ADB) forecasting 5% growth in 2024, driven by strong domestic demand and recovering exports. Regional integration and modern trade agreements are enhancing resilience in key sectors like food and technology. Asia also benefits from rising demand for tech exports, particularly semiconductors, driven by AI. However, risks such as geopolitical tensions and protectionism remain.
