GEOPOLITICS14 July 2026· 10 min
Economic Geopolitics and Global Value Chains: The Great Rewiring
Global value chains are being redrawn at historic speed. Trade fragmentation, nearshoring, and strategic decoupling are reshaping $28 trillion in annual goods flows. Here's what decision-makers must know.
SOURCES
[1]World Bank — World Development Report 2020: Trading for Development in the Age of Global Value Chains
[2]IMF — Geoeconomic Fragmentation and the Future of Multilateralism, World Economic Outlook 2023
[3]IEA — Critical Minerals Market Review 2023
[4]McKinsey Global Institute — Globalization in Transition: The Future of Trade and Value Chains, 2019
[5]US Census Bureau — Trade in Goods with Mexico, 2024
[6]Peterson Institute for International Economics — The Costs of a US-China Decoupling, 2023
[7]AlixPartners — Global Automotive Outlook 2022
[8]CSIS — Assessing the Impact of US Semiconductor Export Controls on China, 2023
[9]Drewry World Container Index — January 2024 Weekly Assessment
[10]European Commission — EU Chips Act and Critical Raw Materials Act, 2023
[11]G7 Hiroshima Leaders' Communiqué — May 2023