India only country with positive trade outlook out of seven big economies: DHL's AI

December 07, 2019: According to the AI-based prediction from'DHL Global Trade Barometer', India is the only country with a positive trade outlook for the running quarter out of the world's seven largest economies. Thanks to the strong maritime exports and Imports that will maintain India's trade growth over the three-month period ending in January 2020. The DHL Global Trade Barometer, an indicator of global trade developments calculated using artificial intelligence and big data, predict mildly positive growth for Indian trade with the country's Index rising five points to 54. The positive outlook is driven primarily by an uptake in ocean imports of basic & industrial raw materials and chemicals & products, coupled with a gradual revival in air exports of consumer fashion goods. In total, ocean trade grew by 10 points, maintaining India's positive outlook even as air trade forecasts experience relative weakness.