Supply Chain Diversification and Shifts in Trade Dependencies
Release time：2025-03-21
In 2024, global supply chains showed a trend toward diversification, with businesses no longer limiting themselves to geopolitical allies or neighboring regions but instead establishing multi-regional trade networks to mitigate risks. For instance
In 2024, global supply chains showed a trend toward diversification, with businesses no longer limiting themselves to geopolitical allies or neighboring regions but instead establishing multi-regional trade networks to mitigate risks. For instance, Vietnam and India have deepened trade ties with specific partners, while Australia and the EU have reduced reliance on traditional markets. This shift presents opportunities for small and medium-sized enterprises but also increases trade complexity.
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