Global trade

Trade forms the backbone of the world’s economies, spurring investment, job creation, economic growth, and raising standards of living.

EY Global Trade Updates

Tradeflash cover june 2024

TradeFlash June 2024

Welcome to the newest edition of the TradeFlash newsletter, a roundup of the latest developments in global trade around the world.

In this issue, we provide links to EY articles and webcasts covering key trade topics, many of them focused on the impact of sustainability and data challenges on international trade. We also provide links to our articles such as  How can boards convert sustainability from a wish to a winning reality?  and How the government can accelerate better trade in Australia.

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Tradewatch 2024 global Insight

TradeWatch Global Insights 

The Global Insights section of our latest TradeWatch publication covers a wide range of trade topics and developments from around the world. On the agenda of this Issue 1, 2024: 

  • Top seven trade trends in 2024
  • How trade technologies and automation are transforming customs and trade functions
  • Report on the World Trade Organization’s 13th Ministerial Conference
  • The conflict between transfer pricing and customs valuation

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Tradewatch 2024 Americas

TradeWatch Americas Insights 

Under our Americas chapter, focus is on:

  • Brazil: Implications of the tax reform on global trade
  • Mexico: IMMEX Program — the competitive edge
  • US: Latest CBP ruling addresses limitations surrounding customs business

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Electric vehicle battery pack

TradeWatch Asia-Pacific Insights

The Asia-Pacific chapter focuses on key issues, with the following articles:

  • Australia accelerates its transition towards paperless trade
  • Japan: 2024 tax reform changes to the customs law
  • New Zealand: Customs agency loses valuation case on the treatment of royalties for valuation purposes

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Back view of worker walking between solar panels

TradeWatch EMEIA Insights

Under the EMEIA chapter, authors focus on:

  • European Union: First vote on EU customs reform
  • India: Bureau of Indian Standards
  • South Africa: Transfer pricing adjustment rules
  • Türkiye: Removal of right to deduct import VAT

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Farmer tractor with spraying fertilizer


In this edition of TradeWatch, we highlight some key sustainability topics and issues impacting the trade function, including:

  • EU and UK: Update on the Carbon Border Adjustment Mechanisms (CBAMs) 
  • Germany: Excise tax legislative developments related to packaging and meat products
  • Thailand: Incentives for production of battery-powered electric vehicles

Download Sustainability and ESG chapter

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Previous TradeWatch and TradeFlash editions

TradeWatch 3, 2023

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TradeWatch 2, 2023

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TradeWatch 1, 2023

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TradeFlash Feb, 2024

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TradeFlash Oct 2023

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TradeFlash Feb, 2023

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Our latest thinking

    Podcast : Gender gap in international trade

    In this episode, we explore the scale of the gender problem and leading practice deployed to help make a breakthrough.

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    The team

    Jeroen Scholten

    EY Global Trade Leader, Indirect Tax
    University lecturer. Podcast enthusiast. Global trade account leader across multiple sectors.
    Amsterdam, NLD

    J. Michael Heldebrand

    Partner, Global trade, Ernst & Young LLP
    Transformational market leader passionate about relationship development and inspiring others with vision. Committed to promoting diversity and inclusiveness. Married and dad to two teenage daughters.
    San Jose, USA

    Marc Bunch

    EY UK Global Trade Leader; UK Plastic Packaging Tax Partner
    Global Trade Partner. Advises multinational companies on improving their trade effectiveness.
    London, GBR

    Lynlee Brown

    Partner, Global Trade, Ernst & Young LLP
    Partner in Global Trade focused on customs valuations matters. With two young sons, stays busy outside of work as well.
    San Diego, USA

    Neil Byrne

    EY EMEIA Tax Center Global Trade Leader; Partner, Ernst & Young Ireland
    Lead Customs partner at EY Ireland. Experienced in strategic customs and trade solutions. Advises clients on a Global and regional basis. Associate of the Institute of Taxation.
    Dublin, IRL

    Sally Jones

    EY UK Trade Strategy and Brexit Leader
    Trade Strategy Partner. Helping companies and governments enhance trade. Mother of three. Astronomer.
    London, GBR

    Walter De Wit

    EY Global Trade Indirect Tax Partner
    Experienced partner and thought leader in indirect tax and global trade. Family man. Father of three sons. Loves golf, hiking and wine.
    Amsterdam, NLD

    Walter De Wit

    EY Global Trade Indirect Tax Partner
    Experienced partner and thought leader in indirect tax and global trade. Family man. Father of three sons. Loves golf, hiking and wine.
    Amsterdam, NLD
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