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Asia's top emerging trade partners

Global trade will accelerate from 2014, according to the HSBC Global Connections trade forecast. Supported by an earlier resumption of economic growth within the emerging markets, HSBC has revised its forecast and expects global trade to accelerate from 2014 rather than 2015.

Significantly, Asia-Pacific's annual trade growth will consistently outperform the global average with the gap widening further over the next 15 years. The forecast also expects China to overtake the US as the world's largest trading nation by 2016.

Simon Constantinides, HSBC's Regional Head of Global Trade & Receivables Finance, Asia-Pacific (ex Hong Kong and Macau), said: "Our research provides clear optimism for the region's trade prospects in a somewhat challenging environment.

 

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