Global trade today is not as it was 25 years ago.

25 YEARS AGO:

• Most world trade is within Europe and the U.S.
• Asia’s trade with the rest of the world is very small.
• Rich trade with rich, poor don’t trade much.

TODAY:

• Asia accounts for a huge portion of global trade.
• Europe and the U.S. trade a lot with Asia.
• Middle East and Latin America are emerging as major global traders.

SAME:

• Africa, despite its huge size, natural resources and population is almost invisible in global trade (but will likely be a major player in the next 25 years).

Source: Financial Times, http://goo.gl/SQmgho