According to the latest CIPS Risk Index, conducted by Dun & Bradstreet economists, the international community is moving away from its commitment to globalisation.
The risk relating to global supply chains has reached its highest levels since 2013 due to uncertainty around the post-Brexit relationship between the UK and the European Union, the results of the US election and the instability across the Middle East.
The World Trade Organisation reports an average of 22 new trade restrictive measures introduced each month. This disillusionment with globalisation is also contributing to political risk, with the expected rise of populist parties across the globe. Against this background, exporting companies are facing new hurdles.