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10 countries that will rule world trade

Last updated on: January 2, 2012 08:28 IST
Long-term picture looks much better.

While the world is currently growing through tough economic times, the long-term picture looks much better.

Economists project world trade (ie the sum of imports and exports) in real terms is set to jump from $37 trillion in 2010 to $287 trillion in 2050, according to a Citigroup report.

Specifically, trade is set to transform with most growth coming from emerging markets.

So, let's take a look at 10 countries that will command world trade in 2050, according to Business Insider.

Click NEXT to see India's place in global trade...

10 countries that will rule world trade

Last updated on: January 2, 2012 08:28 IST
A view of Gateway of India in Mumbai.

Country: India

Trade in 2050: $25.7 trillion

Per cent of world trade: Nine

World ranking: Two

Click NEXT to see rest of the countries...

10 countries that will rule world trade

Last updated on: January 2, 2012 08:28 IST
A view of Shanghai.

Country: China

Trade in 2050: $52.2 trillion

Per cent of world trade: 18.2

World ranking: One

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10 countries that will rule world trade

Last updated on: January 2, 2012 08:28 IST
Times Square in New York City.

Country: The United States

Trade in 2050: $19.1 trillion

Per cent of world trade: 6.6

World ranking: Three

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10 countries that will rule world trade

Last updated on: January 2, 2012 08:28 IST
A view of Frankfurt, Germany.

Country: Germany

Trade in 2050: $9.9 trillion

Per cent of world trade: 3.5

World ranking: Four

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10 countries that will rule world trade

Last updated on: January 2, 2012 08:28 IST
Seoul, South Korea.

Country: South Korea

Trade in 2050: $9.7 trillion

Per cent of world trade: 3.4

World ranking: Five

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10 countries that will rule world trade

Last updated on: January 2, 2012 08:28 IST
Jakarta, Indonesia.

Country: Indonesia

Trade in 2050: $8.8 trillion

Per cent of world trade: 3.1

World ranking: Six

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10 countries that will rule world trade

Last updated on: January 2, 2012 08:28 IST
A view of Hong Kong.

Country: Hong Kong

Trade in 2050: $8.5 trillion

Per cent of world trade: 2.3

World ranking: Seven

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10 countries that will rule world trade

Last updated on: January 2, 2012 08:28 IST
Tokyo, Japan.

Country: Japan

Trade in 2050: $7.6 trillion

Per cent of world trade: 2.7

World ranking: Eighth

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10 countries that will rule world trade

Last updated on: January 2, 2012 08:28 IST
A view of Singapore.

Country: Singapore

Trade in 2050: $6.8 trillion

Per cent of world trade: 2.4

World ranking: Nine

Click NEXT to read more...

10 countries that will rule world trade

Last updated on: January 2, 2012 08:28 IST
A view of London, United Kingdom.

Country: The United Kingdom

Trade in 2050: $6.02 trillion

Per cent of world trade: 2.1

World ranking: 10