In 2019, ** percent of respondents from South Africa reported that they approved of the United States increasing tariffs on imports. On the other hand, only ** percent of respondents from Germany said that they approved of the U.S. increasing import tariffs.

Germany presses the U.S. to implement lower car tariffs before finalizing an EU trade agreement, aiming to stabilize export-driven industries amid ongoing negotiations.

Discover how new US tariffs are challenging the European car industry, with significant effects on German manufacturers and global supply chains.

Germany's exports fell by 1.4% in May, raising concerns over economic stability amid US tariff negotiations. Imports also dropped, affecting the trade balance.

German car manufacturers face financial challenges due to U.S. import tariffs, incurring costs and declining export volumes.

The U.S. goods trade deficit with China increased by nearly ** billion U.S. dollars in 2024, as China still had the biggest impact on U.S. bilateral trade. This is according to seasonally adjusted trade date from within the United States. Following the results of the U.S. elections in 2024, discussions surfaced on the potential of tariffs for countries that have a large trade surplus with the United States. The president-elect stated that trade tariffs of ** percent and ** percent might be implemented for goods from China or Mexico, respectively. The effects of such measures on the forecast GDP growth across the world were not yet clear. In Europe, however, Germany might be the most affected economy when the U.S. does implement tariffs.

A survey conducted in March 2025 analyzed European public opinion on the potential impact of tariffs imposed by the U.S. on the EU economy. The results showed that public opinion in Germany was the most negative overall, with ** percent of respondents believing that the trade war would have a lot of impact on the EU economy. In contrast, only * percent of the Danish public believed that the imposition of tariffs would have a major effect on the EU economy.

Delays in US tariff relief for British steel and other allies continue to harm global trade, with industries facing financial losses and uncertainty.

German carmakers' shares fell after U.S. President Trump threatened a 30% tariff on EU imports, affecting major brands like Volkswagen and BMW.

In 2024, Mexico was the top trading partner of the United States based on import value. In that year, U.S. imports from Mexico totaled to 505.85 billion U.S. dollars. China and Canada rounded out the top three as these countries continue to enjoy a close trading relationship under the United States-Mexico-Canada trade agreement. Germany and Japan were also high on the list, both providing the U.S. with over 140 billion dollars worth of imports in 2024.

Germany is considering repatriating its gold reserves from New York due to concerns over US tariff policies, aiming to enhance security and control over its assets.

2843 Active Global Tariff Of buyers list and Global Tariff Of importers directory compiled from actual Global import shipments of Tariff Of.

Discover how Porsche is proactively increasing U.S. inventory to navigate tariff challenges, maintaining stable prices amidst potential 25% auto import tariffs.

In the second quarter of 2025, the value of exports from the United Kingdom amounted to approximately 227 billion British pounds, while imports to the country amounted to around 241 billion pounds, resulting in a trade deficit of around 14.4 billion pounds in this quarter. During this time period, the value of UK exports was highest in the fourth quarter of 2022, with the value of imports peaking in the third quarter of 2022. The UK's main trade partners Despite the UK leaving the EU in 2020 following the Brexit referendum of 2016, Europe remains the main destination for UK exports, with almost half of UK exports heading there in 2023. During the same year, just over 60 percent of imports came from European countries, compared with around 17.9 percent from countries in Asia, and 11.8 percent from the Americas. In terms of individual countries, the United States was the UK's leading export partner for both goods and services from the UK, while Germany was the main source of UK goods imports, and the U.S. for service imports. It is as yet unclear how the return of Donald Trump to the White House will impact UK/US trade relations, should the President follow through with threats made on the campaign trail to increase trade tariffs. Brexit rethink under Starmer? Although generally more pro-European than the previous government, the new Labour government, led by Keir Starmer, does not plan to rejoin the European Union, or the Single Market. Public opinion, while gradually turning against Brexit recently, has not coalesced around a particular trading relationship. In late 2023, a survey indicated that while 31 percent of British adults wanted to rejoin the EU, a further 30 percent wanted to simply improve relations with the EU, instead of rejoining. Just 11 percent of respondents wanted to join the single market but not the EU, while 10 percent were happy with the relationship as it was. At the start of 2025, after several months in office, the new government has not signalled any major change in direction regarding on this, but has broadly signalled it wants a better relationship with the EU.

Canada CA: Tariff Rate: Most Favored Nation: Weighted Mean: All Products data was reported at 3.050 % in 2022. This records an increase from the previous number of 3.030 % for 2021. Canada CA: Tariff Rate: Most Favored Nation: Weighted Mean: All Products data is updated yearly, averaging 3.415 % from Dec 1989 (Median) to 2022, with 30 observations. The data reached an all-time high of 8.080 % in 1989 and a record low of 2.840 % in 2011. Canada CA: Tariff Rate: Most Favored Nation: Weighted Mean: All Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Trade Tariffs. Weighted mean most favored nations tariff is the average of most favored nation rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database.;World Bank staff estimates using the World Integrated Trade Solution system, based on tariff data from the United Nations Conference on Trade and Development's Trade and Development's Trade Analysis and Information System (TRAINS) database and global imports data from the United Nations Statistics Division's Comtrade database.;;The tariff data for the European Union (EU) apply to EU Member States in alignment with the EU membership for the respective countries/economies and years. In the context of the tariff data, the EU membership for a given country/economy and year is defined for the entire year during which the country/economy was a member of the EU (irrespective of the date of accession to or withdrawal from the EU within a given year). The tariff data for the EU are, thus, applicable to Belgium, France, Germany, Italy, Luxembourg, and the Netherlands (EU Member State(s) since 1958), Denmark and Ireland (EU Member State(s) since 1973), the United Kingdom (EU Member State(s) from 1973 until 2020), Greece (EU Member State(s) since 1981), Spain and Portugal (EU Member State(s) since 1986), Austria, Finland, and Sweden (EU Member State(s) since 1995), Czech Republic, Estonia, Cyprus, Latvia, Lithuania, Hungary, Malta, Poland, Slovakia, and Slovenia (EU Member State(s) since 2004), Romania and Bulgaria (EU Member State(s) since 2007), Croatia (EU Member State(s) since 2013). For more information, please revisit the technical note on bilateral applied tariff (https://wits.worldbank.org/Bilateral-Tariff-Technical-Note.html).

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Freight Forwarding Market Size 2025-2029

The freight forwarding market size is valued to increase USD 51.62 billion, at a CAGR of 4.1% from 2024 to 2029. Increasing international trade will drive the freight forwarding market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 47% growth during the forecast period.
By Mode Of Transportation - Land freight segment was valued at USD 108.41 billion in 2023
By Application - Industrial and manufacturing segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 34.47 billion
Market Future Opportunities: USD 51.62 billion
CAGR : 4.1%
APAC: Largest market in 2023

Market Summary

The market encompasses the global trade of transporting goods from one place to another, utilizing various modes of transportation such as air, sea, and land. Core technologies and applications, including the increasing usage of AI and ML, are revolutionizing the industry by optimizing logistics, enhancing supply chain visibility, and reducing operational costs. Service types or product categories, such as less-than-container load (LCL) and full container load (FCL), cater to diverse customer needs. Regulations, including the International Maritime Organization's (IMO) carbon intensity indicators and the European Union's (EU) Green Deal, are driving market evolution. With international trade continuing to grow, the market is expected to unfold with significant opportunities, despite challenges like high fuel and transportation costs.
According to recent estimates, the market is projected to account for over 30% of the global logistics market share by 2026. Related markets such as the logistics and transportation industries also contribute to the market's dynamics.

What will be the Size of the Freight Forwarding Market during the forecast period?

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How is the Freight Forwarding Market Segmented and what are the key trends of market segmentation?

The freight forwarding industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Mode Of Transportation

  Land freight
  Ocean freight
  Air freight


Application

  Industrial and manufacturing
  Retail and E-commerce
  Food and beverages
  Healthcare
  Others


Service Type

  Transportation and warehousing
  Value-added services


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  APAC

    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Mode Of Transportation Insights

The land freight segment is estimated to witness significant growth during the forecast period.

The land freight segment, encompassing both road and rail transportation, is a crucial component of the global freight forwarding market. This segment plays a pivotal role in facilitating the movement of goods over land, supporting both domestic and international trade.Road freightThe road freight segment is dynamic and vital, involving the transportation of goods via trucks, trailers, and other road vehicles. It serves as a primary mode of transport for a wide range of commodities, including manufactured goods, consumer products, and raw materials. One of the key attributes of road freight forwarding is its flexibility and last-mile connectivity. Road transports ability to reach remote locations and access points unattainable by other modes of transport provides a competitive edge for timely and efficient deliveries. This flexibility is particularly advantageous for industries with time-sensitive goods that require direct-to-door delivery and distribution.Road freights integration into multi-modal transportation networks further enhances its efficiency.

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The Land freight segment was valued at USD 108.41 billion in 2019 and showed a gradual increase during the forecast period.

By seamlessly connecting with other modes of transport such as rail and sea, road freight ensures the smooth and continuous movement of goods across various stages of the supply chain. This capability is essential for maintaining the flow of goods and meeting the demands of modern logistics.Rail freightThe rail freight segment is another critical component of the freight forwarding industry, responsible for the transportation of goods by rail between countries, as well as across continents. This segment encompasses a diverse array of services, including cargo handling, transportation management, customs clearance, and documentation compliance. Rail freight serves as a vital link in the global logistics network, facilitating the efficient movement of goods

Snapshot img

Customs Audit Market Size 2025-2029

The customs audit market size is forecast to increase by USD 6.51 billion, at a CAGR of 8.7% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing demand for efficient supply chain operations and the emergence of new customs regulations such as voluntary disclosure programs. These initiatives aim to streamline customs processes and mitigate potential risks, making customs audits an essential component of international trade. However, the market faces challenges, including the growing concern over cybersecurity breaches. As global trade becomes increasingly digital, the risk of data breaches and information theft increases, necessitating robust cybersecurity measures to protect sensitive data during customs audits.
Companies seeking to capitalize on market opportunities must prioritize compliance with evolving customs regulations and invest in advanced cybersecurity solutions to mitigate risks and maintain a competitive edge. Navigating these challenges requires a strategic approach, with a focus on transparency, efficiency, and innovation.

What will be the Size of the Customs Audit Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market is characterized by continuous evolution and dynamic market activities. Entities involved in international trade are subject to a complex web of regulations, including supply chain management, free trade agreements, trade data, export regulations, customs valuation, rules of origin, internal controls, and trade agreements. These regulations are not static but rather unfold with the ongoing unfolding of market activities and evolving patterns. Customs compliance plays a crucial role in this landscape, with entities seeking to adhere to regulations and mitigate risks associated with sanctions compliance, anti-dumping duties, trade remedies, and other trade measures. Customs brokers, freight forwarders, and trade finance providers are key players in facilitating international trade, while customs technology and automated systems enable efficient customs clearance.

Bonded warehousing, duty drawback, and inventory management are essential aspects of customs compliance, allowing entities to minimize duties and taxes and optimize their supply chain operations. Trade data and analytics are increasingly important tools for monitoring and responding to changing regulations and market conditions. Export controls and import regulations also shape the market, with entities needing to navigate the intricacies of tariff classification, customs investigations, and countervailing duties. Documentary credits and free trade zones offer additional complexities, requiring a deep understanding of the customs landscape and the ability to adapt to changing regulations and market conditions.

In this context, compliance audits are a critical component of risk management strategies, enabling entities to identify and address potential compliance issues and minimize the risk of penalties and disruptions to their international trade operations. The market is a dynamic and evolving landscape, requiring ongoing attention and adaptation to ensure compliance and optimize international trade operations.

How is this Customs Audit Industry segmented?

The customs audit industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Service

  Customs audit services
  Customs advisory services


Type

  Financial audit
  Operational audit
  Compliance audit
  Risk management audit
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  APAC

    Australia
    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Service Insights

The customs audit services segment is estimated to witness significant growth during the forecast period.

The market encompasses various entities that play a crucial role in international trade, including sanctions compliance, anti-dumping duties, trade remedies, customs broker, letters of credit, bonded warehousing, duty drawback, inventory management, supply chain management, free trade agreements, trade data, export regulations, customs valuation, rules of origin, internal controls, trade agreements, freight forwarder, trade finance, compliance audits, import regulations, data analytics, export controls, duty rates, risk management, customs compliance, countervailing duties, documentary credits, free trade zones, tariff classification, customs technology, automated systems, and customs investigations. In developed economies like th

Toyota sold about ****** imported cars in the United States in March 2018. In addition to this, Toyota sold some ****** imported light trucks in that same month. Changes to the U.S. import market The United States imported passenger vehicles to the value of about *** billion U.S. dollars in 2018. In 2017, car imports were subject to tariff rates of *** percent, while light truck imports were subject to tariff rates of ** percent. Ahead of looming import tariffs of up to ** percent on foreign cars that might be imposed by the White House in 2019, the value of passenger vehicle imports could drop significantly. Additional tariffs would severely affect sedans and compact cars imported from Germany, South Korea, and Japan. Recent tariffs on steel and aluminum have already had an impact on domestic automotive manufacturers, and the intended tariffs may further this effect. That said, the proposed tariffs would also include the large quantity of imported car parts. Since motor vehicle part imports are integral to domestic car and light truck manufacturing, the new tariffs would most likely see prices go up for both foreign and domestically produced vehicles. In fact, the U.S. auto industry’s reliance on imported parts may even have an adverse effect on U.S. exports. Over *** million passenger vehicles were exported from the U.S. in 2018, nearly half of which went to China and other countries outside of the NAFTA region. Oddly enough, BMW was the leading U.S. auto exporter in 2018, albeit by value. Its South Carolina manufacturing plant has one of the highest output volumes of BMW plants worldwide.

Eco-Movement is the leading source for EV charging station data. We offer full coverage of all (semi)public EV chargers across Europe, North & Latin America, Oceania, and ever more additional countries. Our real-time database now contains about 1,000,000 unique plugs. Eco-Movement is a specialised B2B data provider focusing 100% on EV charging station data quality and enrichment. Hundreds of quality checks are performed through our proprietary quality dashboard, IT architecture and AI. With the highest quality on the market, we are the trusted choice of mobility industry leaders such as Google, Tesla, HERE, Telenav, and A Better Route Planner.

Eco-Movement integrates data from 3000+ direct connections with EV Charge Point Operators into a uniform, accurate and complete database. We have an unparalleled set of charge point related attributes, all available on individual charging plug level: from Geolocation to Max Power and from Operator to Hardware and Pricing details. Simple, reliable, and up-to-date: The Eco-Movement database is refreshed every day.

When you want to show charging station information on a map or in an application, high quality data is crucial for the customer experience. Our real-time API is the easy solution to all your EV Charging Station related data needs. It is based on the industry standard OCPI protocol, and optionally we can add many additional enriching features.

Location attributes include coordinates, address, operator, power, connector type, opening times, access type (public / restricted / private), predicted occupancy, reliability score, and accepted payment methods. Tariff attributes include price per kWh, per hour charging and/or parking, flat fees, and subscription fees. Attributes are available for all countries in our database. The price of the data is dependent on the geographies chosen, the length of the subscription, and the intended use.

Check out our other Data Offerings available, and gain more valuable market insights on EV charging directly from the experts.

ALSO AVAILABLE We also offer EV Charging Station Location & Tariffs Data via a downloadable CSV, and offer a separate CSV report focused specifically on DC station hardware manufacturer and model information. The perfect inputs for your analysis, easily importable into e.g. Excel and Tableau.

ABOUT US Eco-Movement's mission is providing the EV ecosystem with the best and most relevant Charging Station information. Based in Utrecht, the Netherlands, Eco-Movement is completely independent from other industry players. We are an active and trusted player in the EV ecosystem and the exclusive source for European Commission charging infrastructure data (EAFO).

Chancellor Merz calls for German leadership in electric mobility to counter Asian rivals and trade barriers, announcing an industry summit.