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Welcome to EY Global (EN)
You are visiting EY Global (EN)




GLOBAL TRADE




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

Global trade is being increasingly disrupted as tariff tensions, political
unpredictability, protectionist policies and regulatory uncertainty challenge
established business models and trade relationships.

The resulting inefficiencies were challenging when the trade environment was
stable. But in our increasingly volatile times with COVID-19, Brexit as well as
trade and political tensions at both local and global levels, the stakes are far
higher.


Now should be a breakthrough era for international trade, as technological
advances are making new forms of business possible, built on a foundation of
data and insight. EY professionals can help you build an integrated approach by:
 

 * Shaping responses to changing global tariffs and trading relationships
 * Reducing cost, risk and delays from your trade network
 * Driving better insights through data
 * Reimagining your supply chain operating model
 * Leveraging technologies

Read more Read less
Featured thinking


HOW DISRUPTION IS SHAPING OPPORTUNITIES FOR GLOBAL TRADE

EY Global
19 Jun 2023


EY GLOBAL TRADE UPDATES

prevnext
 * Global Trade function report
 * TradeFlash June 2023
 * TradeWatch 1, 2023
 * Americas Insights
 * Asia-Pacific Insights
 * EMEIA Insights
 *  




REFOCUSING ON THE GLOBAL TRADE FUNCTIONAL ORGANIZATION

As a result of multiple years of trade disruption and geopolitical tensions,
companies are recalibrating, refocusing and re-establishing their interest in
their global trade function’s organizational design. Consequently, as a “new
norm” is established, clients have been raising topics, such as:

 * Where should global trade sit within the company?
 * What should be the scope of the global trade function?
 * Should operational activities be separated from advisory and compliance
   activities?
 * Should export be owned by legal?

These are a few of the key questions our EY tax professionals have contemplated
with global trade executives and agree should be further examined.

Download full report

TRADEFLASH JUNE 2023

Staying on top of global trade developments and the latest thinking can be
challenging. The latest edition of EY TradeFlash features a roundup of the
latest developments in global trade, covering key trade topics such as the
treatment of royalties, sustainable trade, the impact of supply chain disruption
on trade compliance, trade technology and UK free trade agreements.

Download full report

TRADEWATCH 2023


In this first edition of the year, we see several of the trade trends that we
identified in 2022 —supply chain disruption; a focus on environmental, social
and governance (ESG) matters; and ongoing uncertainty around customs valuation —
are still high on the agenda, and they are still presenting challenges and
opportunities for businesses.

Download full report

TRADEWATCH AMERICAS INSIGHTS 

Under our Americas chapter, focus is on:

 * Brazil: New transfer pricing rules and their impact on customs valuation
 * Canada releases guidance on Select Luxury Items and proposes new reporting
   obligations on modern slavery in supply chains in 2024
 * Colombia: Government increases customs tariff for apparel and footwear
   imports, and examines the impact of tax reform on free trade zones
 * US: WTO rules against the US in cases involving Section 232 tariffs, China
   origin-marking

Download Americas chapter

Download full report

TRADEWATCH ASIA-PACIFIC INSIGHTS

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

 * Japan: 2023 tax reform changes to the customs law
 * Japan/Indonesia: Economic Partnership Agreement — introducing electronic
   certificates of origin
 * Indonesia: New customs procedures for importing software and digital goods
   electronically
 * Philippines: Customs audits and the Prior Disclosure Program as well as
   Strategic trade management update

Download Asia-Pacific chapter

Download full report

TRADEWATCH EMEIA INSIGHTS

Under the EMEIA chapter, authors discuss the impact on business of some key
court rulings, including:

 * EU: European Commission publishes draft legislation for binding valuation
   information
   
 * EU: Russia sanctions pose challenges for companies
 * EU: Updated CBAM regulation published
 * Kingdom of Saudi Arabia: Clearance within two hours initiative
 * UK: Customs valuation policy shift — Method 1 under threat for multinationals
 * UK: Top seven trade trends in 2023

Download EMEIA chapter

Download full report

PREVIOUS TRADEWATCH AND TRADEFLASH EDITIONS

TradeWatch 3, 2022

Download edition

TradeFlash Feb, 2023

Download edition

TradeWatch 2, 2022

Download edition

TradeFlash July 2022

Download edition

TradeFlash Feb 2022

Download edition

TradeWatch 1, 2022

Download edition


HOW EY CAN HELP

INDIRECT TAXES AND GLOBAL TRADE

In recent years, issues related to managing indirect taxes — such as VAT, GST,
customs and excise duties — have risen on the corporate agenda.

Read more

EXCISE TAX SERVICES

As trade globalizes, managing excise taxes and understanding opportunities to
mitigate their impact is crucial for all businesses operating in affected
industries.

Read more

INDIRECT TAX COMPLIANCE

Every day seems to bring changes in indirect taxation around the world,
including new taxes, and new reporting and compliance obligations.

Read more

GEOSTRATEGIC BUSINESS GROUP

Political risks are creating both challenges and opportunities for global
organizations, creating an imperative to develop more strategic approaches to
managing political risk. The Geostrategic Business Group helps companies to do
this by translating geopolitical insights into business strategy.

Read more

CORPORATE, COMMERCIAL AND SME BANKING SERVICES

Rapid technology advances are reshaping the entire banking ecosystem, and
Corporate, Commercial and SME (CCSB) banking sectors are not immune. EY is
helping banks shift their focus back to growth, placing an increased emphasis on
client experience, new technology and operational efficiency.

Read more

GLOBAL TRADE OPERATIONS

Backed by our deep technical knowledge, global scale, and leading EY Trade
Connect technology platform, EY offers a flexible way to view trade operations
with clarity and act with precision, while managing costs and mitigating risks.

Read more


TRADECONNECT

How can you spend less time on tactical/transactional activities and more on
strategic and focused activities that create value? One way is to turn to EY
Trade Connect — a modular technology platform that links EY clients to a broad
spectrum of managed services that can adapt and evolve with the changing needs
of the business.

Watch our TradeConnect video

Read more about our global trade operation services

 

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Helping businesses control global trade operations
20 Jan 2021



OUR LATEST THINKING

HOW THREE GLOBAL TRENDS ARE SHAPING INDIRECT TAX

Indirect tax leaders need to comply and spot the opportunities in the megatrends
affecting indirect tax policies and international …

19 Jun 2023 Kevin MacAuley

HOW SUSTAINABILITY IS SHAPING GLOBAL INDIRECT TAX

Indirect tax leaders need to not only comply but spot the opportunities in the
ever-evolving group of sustainability taxes …

19 Jun 2023 EY Global

WHY THE GENDER GAP IN INTERNATIONAL TRADE NEEDS TO CLOSE FASTER

While some gender gaps are closing, the pace of progress is too slow in trade.
Reformers in government and business can show …

16 May 2023 Sally Jones

HOW TO NAVIGATE GLOBAL SUSTAINABILITY COMPLIANCE CHALLENGES

Staying ahead of ESG regulations on a global scale can be a challenge but,
businesses cannot risk falling behind on supply ch…

4 May 2023 EY Global

HOW TO PREPARE FOR UPCOMING COMBINED ROYALTY CHANGES

CFOs and tax functions may be inclined to treat customs issues as peripheral to
their critical workload, but increasingly they must …

13 Apr 2023 EY Global

HOW A FINANCIAL SERVICES FIRM BUILT RESILIENCE AMID GEOPOLITICAL FLUX

EY teams provided strategic consultancy to a financial services firm that needed
to know the likely outcomes of regional politic…

6 Apr 2023 Courtney Rickert McCaffrey

HOW TO NAVIGATE THE SUSTAINABILITY TAX LANDSCAPE

In this episode of EY Tax & Law in Focus we explore why the tax function is
particularly well-placed to shape sustainable business practise and policy.

2 Feb 2023 41m 40s

THE COO IMPERATIVE: HOW HUMAN EMOTIONS CAN UNLOCK SUPPLY CHAIN SUCCESS

Operations leaders, like COOs and CSCOs, can slay the ghosts of transformations
past by putting humans at the center.

23 Jan 2023 Glenn Steinberg

HOW COVID-19 IMPACTED SUPPLY CHAINS AND WHAT COMES NEXT

Research shows severe disruption through the pandemic is driving enterprises to
make their supply chains more resilient, collaborative and networked.

6 Jan 2023 Sean Harapko

OMNISHORING: RECENT TRENDS IN SUPPLY CHAIN, TAX AND GLOBAL TRADE

In this webcast, panelists discuss the current factors that affect supply chain.

13 Dec 2022 16:00 your local time

COUNTING DOWN TO THE EU CARBON BORDER ADJUSTMENT MECHANISM (CBAM)

In this webcast, panelists discuss CBAM, linkages to the EU Emission Trading
System, the global outlook and three practical case studies for CBAM
preparation.

26 Sep 2022 12:00 your local time

CLAIMING PREFERENTIAL TREATMENT IN A POST-BREXIT TRADE ENVIRONMENT

In this webcast, panelists discuss insights on risk and leading practices for
claiming preferential treatment in a post-Brexit trade environment.

20 Sep 2022 12:00 your local time
Show more Show more
Previous
1234567
Next



WHO PAYS THE TAX:

Carbon pricing by sector and country under alternative climate scenarios.

Download the article


 






THE TEAM

JEROEN SCHOLTEN

EY Global Trade Leader, Indirect Tax

University lecturer. Podcast enthusiast. Global trade account leader across
multiple sectors.

Amsterdam, NL

J. MICHAEL HELDEBRAND

EY Americas and US Global Trade Leader

Transformational market leader passionate about relationship development and
inspiring others with vision. …

San Jose, US

MARC BUNCH

EY UK Global Trade Leader; UK Plastic Packaging Tax Partner

Global Trade Partner. Advises multinational companies on improving their trade
effectiveness.

London, GB

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 …

San Diego, US

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 …

Dublin, IE

SALLY JONES

EY UK Trade Strategy and Brexit Leader

Trade Strategy Partner. Helping companies and governments enhance trade. Mother
of three. Astronomer.

London, GB

Show more Show more
Previous
12
Next


ON THE AGENDA (4)

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GLOBAL TAX REFORM

Featured: Why five years of transforming tax and finance functions is paying off
Discover



TAX LEADERS’ AGENDA

Featured: Why five years of transforming tax and finance functions is paying off
Discover



GCO AGENDA

Featured: The General Counsel Imperative: How the law department is key in
unlocking your sustainability strategy
Discover



PUBLIC POLICY

Featured: What actions can drive responsible innovation in digital assets?
Discover







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