This is a new and unique leading indicator for world trade

DHL, the world’s leading logistics company, has introduced a new and unique early indicator for the current state and future development of global trade. The DHL Global Trade Barometer is based on large amounts of logistics data that are evaluated with the help of artificial intelligence.

Since global trade fuels the world economy, the DHL Global Trade Barometer not only provides an outlook on future trade, but also on the prospects for the global economy. The indicator has been developed in cooperation between DHL and Accenture and will be published quarterly.

“As the world’s leading logistics provider, DHL has both, a deep understanding of the driving forces behind global trade volumes and the industry expertise to analyze and interpret market data. Our network, knowledge and experience uniquely position us to understand global supply chains in order to derive a global trade outlook,” said Tim Scharwath, CEO of DHL Global Forwarding, Freight.

“The DHL Global Trade Barometer shows impressively how digitalization – with the use of Big Data and Predictive Analytics – opens up entirely new opportunities that we can use for the benefit of our customers.”

Accenture will provide data modeling and predictive analytics to forecast future trade trends for DHL. DHL will receive one unified view of the insights which will give them a stronger understanding of current and future state of global trade logistics for its customers.