Skip to main content
Advertising

Originally published Thursday, July 18, 2013 at 8:17 AM

  • Share:
           
  • Comments (0)
  • Print

WTO sees EU, US trade prowess shifting by 2035

Any way you look at it, the United States and European Union will remain dominant players in world trade over the next two decades.

The Associated Press

Most Popular Comments
Hide / Show comments
No comments have been posted to this article.
Start the conversation >

advertising

GENEVA —

Any way you look at it, the United States and European Union will remain dominant players in world trade over the next two decades.

The real question, says the World Trade Organization in a new report, is how much ground they cede to rising economies like China.

The WTO's annual trade report says that under good economic conditions, China could increase its export share of manufactured goods to almost a quarter of global trade by 2035 while India's could more than double, to 5 percent.

The report Thursday says that under tougher conditions the EU and U.S. market shares would rise - but they would still lose in absolute terms because of a weaker economy.

In that case, it said, China and developing countries would lose market share.

News where, when and how you want it

Email Icon

Subscribe today!

Subscribe today!

Get 8 weeks of digital access to The Seattle Times for $1

Advertising

Advertising

The Seattle Times Historical Archives

Browse our newspaper page archives from 1900-1984


Advertising
The Seattle Times

To keep reading, you need a subscription.

We hope you have enjoyed your complimentary access. Subscribe now for unlimited access!

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited seattletimes.com content access is included with most subscriptions.

Subscriber login ►