Trend · rank 37 of 250

Trade & investment fragmentation

Trade, capital and technology flows are reorganising around political alignment as governments and firms rank security above cost, which changes each nation's market access and investment prospects according to its alignment and location.

Trade & InvestmentTrade, industry & supply chainstradegeoeconomicsmanufacturing

Second pass: Carried forward from the first pass, where it was Deglobalisation. Held by all three panel models.

Sensitivity and network position

Rank
37of 250
Sensitivity
14.2rank 52
Breadth
2of 20 scenarios High or above, 1 Critical
PageRank
59.8rank 23
Eigenvector
3.1
Betweenness
31.6
Links
20trends at Moderate similarity or above
Composite
35.4

Attention over three years

How much this trend is read about on Wikipedia and searched for on Google, week by week, set against the typical trend in the list so that what moves every trend at once is taken out. 100 is this trend's own three-year average. The score measures public attention, which is not the same as the strength of the force: a trend can deepen unnoticed, and a news event can lift attention for a fortnight.

Now
88
Over a year
+2%Steady
Over three years
−24%
Peak
16228 Apr 2024
Sources
Bothagreement 0.49
Coverage
7languages · 58 nations

Trailing 4-week average. 100 is this trend’s three-year average.

By language

Wikipedia reading in each language edition where the trend’s pages are read enough to measure (7 of 28). Share is of all the readers counted.

LanguageShareNowOver a yearThree years
English64%104+20%
Spanish11%84+17%
Chinese7%77+5%
French6%114+2%
German5%78−18%
Japanese3%76−17%
Portuguese2%103+19%

By country

Google search interest over the three years, as a share of each country’s searching. 100 is the nation where interest is highest. The search terms are English, which favours countries that search in English.

Mexico

China

South Korea

Costa Rica

Singapore

Panama

Guatemala

Dominican Republic

Colombia

Netherlands

Switzerland

United States

100

39

21

20

20

19

17

13

12

11

11

11

The 12 highest of 58 nations with a reading.

By region and G20 member

Attention to this trend inside each place, from Google searches made in its countries and Wikipedia reading in the languages mostly read there, averaged where both exist. Each line compares the trend with its own past in that place; the lines do not compare places.

Regions

PlaceRead fromNow90 days1 year3 yearsThree years
North AmericaGoogle in 1 country + Wikipedia in English98−14%+20%−3%
EuropeWikipedia in German, French96+1%−7%−3%
Indo-PacificGoogle in 1 country + Wikipedia in Japanese, Chinese63−23%−19%−52%
South AsiaGoogle in 1 country95−21%+136%−24%
Latin America and CaribbeanWikipedia in Spanish, Portuguese90+9%+18%−13%

G20 members

PlaceRead fromNow90 days1 year3 yearsThree years
BrazilWikipedia in Portuguese103+15%+19%−2%
FranceWikipedia in French114+24%+2%+32%
GermanyWikipedia in German78−21%−18%−30%
IndiaGoogle95−21%+136%−24%
JapanWikipedia in Japanese76−11%−17%−19%
United StatesGoogle + Wikipedia in English98−14%+20%−3%

Relation to each scenario

A trend relates to a scenario when it changes how likely the scenario is, how hard it lands, or is itself sharply changed by it. Each score is the median of three scores given separately by the members of the model panel.

RelationScenarioFamily
6 · CriticalCritical trade divides into rival blocs S01Economic and trade
4 · HighA great-power agreement lowers economic security barriers S13 ↗Geopolitical and security
3 · ModerateA cross-regional market access compact redirects investment S12 ↗Economic and trade
2 · LowA regional war closes a globally important sea route S03Geopolitical and security
2 · LowA verified Middle East settlement restores access S14 ↗Geopolitical and security
0 · Not relatedA global funding seizure reaches sovereign balance sheets S02Economic and trade
0 · Not relatedHybrid coercion ends in an infrastructure blackout S04Geopolitical and security
0 · Not relatedA disputed transfer of power breaks effective government S05Geopolitical and security
0 · Not relatedTwo breadbasket failures trigger a food availability crisis S06Energy, climate and resources
0 · Not relatedA major disaster disables the national economic core S07Energy, climate and resources
0 · Not relatedAn AI deployment step causes abrupt labour displacement S08Technology and infrastructure
0 · Not relatedA cryptographic breakthrough invalidates digital trust S09Technology and infrastructure
0 · Not relatedA novel respiratory pathogen exceeds health surge capacity S10Health
0 · Not relatedA creditor agreement releases fiscal capacity S11 ↗Economic and trade
0 · Not relatedCheap firm clean power becomes available at scale S15 ↗Energy, climate and resources
0 · Not relatedA validated farming package raises water-efficient output S16 ↗Energy, climate and resources
0 · Not relatedAI-directed research produces a reproducible discovery step S17 ↗Technology and infrastructure
0 · Not relatedA public service platform reaches inclusive operation S18 ↗Technology and infrastructure
0 · Not relatedAffordable preventive treatments reduce chronic illness S19 ↗Health
0 · Not relatedA live outbreak proves rapid distributed pandemic defence S20 ↗Health

Similarity = 0.3 × shared tags (Jaccard) + 0.3 × likeness of scenario profiles (cosine) + 0.3 × likeness of names and descriptions (TF-IDF cosine) + 0.1 if in the same capability domain, cut into seven levels at 0.12, 0.22, 0.33, 0.45, 0.58, 0.72. Shown at Moderate and above.

SimilarityTrendThemeRank
4 · HighForeign investment slowdown & selectivityTrade, industry & supply chains23
4 · HighIndustrial policy competitionTrade, industry & supply chains26
4 · HighExport controls & economic coercionTrade, industry & supply chains34
4 · HighTrade corridor competitionTrade, industry & supply chains38
4 · HighIntellectual property access dependenceTrade, industry & supply chains40
4 · HighEconomic security policyTrade, industry & supply chains47
4 · HighManufacturing overcapacityTrade, industry & supply chains51
4 · HighTariff barrier normalisationTrade, industry & supply chains58
4 · HighCritical input supplier concentrationTrade, industry & supply chains74
4 · HighShifting economic weightTrade, industry & supply chains78
4 · HighRare earth processing concentrationTrade, industry & supply chains102
4 · HighRegional trade agreement deepeningTrade, industry & supply chains105
4 · HighSanctions circumvention networksTrade, industry & supply chains140
3 · ModerateGreat-power competitionConflict & security28
3 · ModerateReshoring & localised manufacturingTrade, industry & supply chains59
3 · ModerateSovereign wealth & state capitalTrade, industry & supply chains108
3 · ModerateDigital & services trade growthTrade, industry & supply chains116
3 · ModerateLithography & chip-tool chokepointsTrade, industry & supply chains120
3 · ModerateCritical minerals supply constraintsTrade, industry & supply chains155
3 · ModerateNon-tariff compliance & traceabilityTrade, industry & supply chains185