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Global Trade in a Post-Pandemic World: Supply Chain Disruptions, Economic Impact, and the Path to Resilience Cover

Global Trade in a Post-Pandemic World: Supply Chain Disruptions, Economic Impact, and the Path to Resilience

By:   
Open Access
|Mar 2025

Abstract

The COVID-19 pandemic profoundly disrupted global trade, exposing vulnerabilities in highly interconnected supply chains and reshaping industries worldwide. This paper explores the pandemic's impact on key sectors, including energy, automotive, and food, and highlights the long-term shifts in global trade systems. By examining the sharp decline in trade volumes during 2020 and the uneven recovery in 2021-2022, the paper provides a statistical analysis of how different regions and industries fared through the crisis. Through a detailed case study of the automotive industry and the semiconductor shortage, the paper delves into the specific challenges faced by manufacturers and the economic consequences of supply chain disruptions. Furthermore, it discusses the broader trends toward regionalization, diversification, digital transformation, and the evolving role of trade policies in the post-pandemic era. The paper concludes by emphasizing the need for resilience, flexibility, and innovation in future global trade practices, arguing that the lessons learned from the pandemic will shape the trajectory of international commerce for years to come.

JEL classification: F10; F16;

Language: English
Published on: Mar 15, 2025
In partnership with: Paradigm Publishing Services
Publication frequency: 2 issues per year

© 2025 Csongor Csősz, published by University of Oradea Publishing House
This work is licensed under the Creative Commons Attribution-NonCommercial 4.0 License.