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HSBC Global Trade Pulse Survey
Global businesses brace for supply chain headwinds but optimism about international trade endures.
According to the findings of our recent Global Trade Pulse Survey, which offers insight into the business plans and sentiment of over 5,700 international firms across 13 markets regarding tariffs and trade. The survey reveals that two thirds of corporates have already experienced cost increases due to tariff and trade uncertainty – and the worst may be yet to come.
But despite ongoing cost pressures and widespread changes to supply chain strategies, businesses remain overwhelmingly confident in their long-term growth aspects – nearly 90% globally believe they will be able to grow internationally over the next two years.
Global businesses are prompting a strategic rethink of operations and planned investments as tariffs and shifting trade policies continue to take effect.
Discover the findings and insights. Download the pack which contains the full Global Trade Pulse Survey report, a summary version of the report, and industry sector factsheets.
Vivek Ramachandran
Head of Global Trade Solutions, HSBC
With over 70% of companies anticipating sustained cost increases, and businesses facing an average 18% drop in revenue, the imperative for strategic adaptation is clear. Navigating this climate requires not only agility, but strong partnerships to ensure sustained growth in a shifting global economy.
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