Transport and logistics: Saudi Arabia and Vietnam, rising hubs in the world map
The disruptions to international trade since the Covid-19 pandemic, fueled by armed conflicts and geopolitical tensions, have carved out new routes for commercial exchanges and given rise to logistics hubs. A recent study by Allianz Trade takes stock of the new global map of goods transport.
Health crisis, war in Ukraine, attacks in the Red Sea disrupting the Suez Canal, trade war, regionalization... This environment, as chaotic as it is uncertain, has forced shippers and carriers in recent years to find alternative routes.
Thus, according to Allianz Trade, the rerouting of American imports from China, the anticipation of shipments before the increase in customs duties in the United States or even commercial diversification generated 1.3 percentage points of the 2% growth in global trade expected this year (before decelerating to + 0.6% in 2026 and + 1.8% in 2027).
However, more than half of the volume of goods traded in the world continues to use traditional routes: the Suez Canal sees 12% of international trade and the Strait of Malacca 40%. And 20% of global LNG shipments and the same number of oil shipments pass through the Strait of Hormuz.
The disruptions to international trade since the Covid-19 pandemic, fueled by armed conflicts and geopolitical tensions, have carved out new routes for commercial exchanges and given rise to logistics hubs. A recent study by Allianz Trade takes stock of the new global map of goods transport.
Health crisis, war in Ukraine, attacks in the Red Sea disrupting the Suez Canal, trade war, regionalization... This environment, as chaotic as it is uncertain, has forced shippers and carriers in recent years to find alternative routes.
Thus, according to Allianz Trade, the rerouting of American imports from China, the anticipation of shipments before the increase in customs duties in the United States or even commercial diversification generated 1.3 percentage points of the 2% growth in global trade expected this year (before decelerating to + 0.6% in 2026 and + 1.8% in 2027).
However, more than half of the volume of goods traded in the world continues to use traditional routes: the Suez Canal sees 12% of international trade and the Strait of Malacca 40%. And 20% of global LNG shipments and the same number of oil shipments pass through the Strait of Hormuz.
