This trade survey asked over 3,000 companies in China, France, Germany, Italy, Poland, Spain, the UK and the US about their outlook for global trade in the year ahead. 82% of the companies surveyed said they expected business turnover generated through exports to increase. Serendipitously last year, 70% of corporates expected turnover growth and the year ended up with a trade recession, reminding us of the conquering nature of exporters, as well as the negative year-on-year commodity price effect on export revenue worldwide.
