Castrol eye view on what is mined, made and moved in the world in the shape of a unique global economic study.
Castrol lubricates the global economy, playing a critical role in the processing of materials, the manufacture of components and goods, and the movement of energy, products and people around the world. We have developed The Castrol Global Trade Barometer (CGTB) to share our Castrol eye view of what is mined, made and moved in the world in the shape of a unique global economic study. The CGTB will track the performance and outlook of global trade and provide a rolling five year forecast of future trade patterns at a regional and sector level, based on data from the world’s 50 largest trading nations. In contrast to trade forecasts based on the drivers of GDP, the CGTB is based on the key drivers of global trade itself, giving us deep, accurate and actionable insight into the nuances of global trade in the near term. By taking into account trade trends, relevant macroeconomic and market influences, and the effect of the business environment on trade, we are able to give a pragmatic view providing market intelligence to support decision-making based on what is really happening on the ground. Each section of the CGTB comprises a Trade Barometer which tracks the value of manufacturing and production in the world’s top 50 trading nations. This is determined by the underlying factors that influence trade such as costs of trading internationally, oil prices, currencies, wages, inflation, foreign direct investment and population demographics. The report examines trade as a whole as well as analysing in detail the following five key segments of international trade, of which Castrol has a key role and a unique viewpoint:
- Aerospace (The Aerospace Trade Barometer)
- Automotive (The Automotive Trade Barometer)
- Industrial (The Industrial Trade Barometer)
- Marine (The Marine Trade Barometer – incorporating The Castrol Global Port Report)
- Natural Products (The Natural Products Trade Barometer)
This first section of the report provides a big picture view, identifying the major trends that are emerging when all global trade data is taken into account. This is followed by a detailed look at the key sectors comprising global trade and our inaugural Castrol Global Port Report, which examines the story ports have to tell about the changing pattern of world trade. We hope you enjoy this study, which can be reviewed as a whole or by diving into one of the six sections.
The Castrol Global Trade Barometer 2014 tracks the performance and outlook of global trade and provides a rolling five year forecast of future trade patterns at a regional and sector level, based on data from the world’s 50 largest trading nations. The 2014 report finds that emerging economies are becoming increasingly important to global trade and are beginning to compete with established nations. You can download any of the individual sections, which analyse in detail key segments of international trade, or the full report here:
THE CASTROL GLOBAL TRADE BAROMETER
The Castrol Global Trade Barometer (CGTB) shares our Castrol eye view of what is 'mined', 'made', 'moved' in the world in the shape of our unique global economic study.