A new survey from Allianz Trade reveals that exporters worldwide are navigating multiple simultaneous crises, with export confidence dropping six percentage points to 75%. Vietnamese, American, and Spanish firms experienced the sharpest declines. The Middle East conflict has intensified concerns about supply-chain disruption and energy costs, with 60% of firms expressing worry.
Geopolitical risk dominates as the top concern at 65%, followed closely by supply-chain complexity as the second-largest risk factor. Over half of surveyed companies are pursuing alternative shipping routes and carriers, while 80% have adjusted trade routes since mid-2025 in response to the challenging U.S. tariff landscape. Trade finance conditions are deteriorating, with 43% of companies expecting worsening payment terms and only 7% receiving payment within 30 days.
The survey, covering exporters across 13 countries including Brazil, China, France, Germany, India, and the United States, also found that reshoring momentum has accelerated in Europe while declining in the U.S. and Vietnam. AI adoption among exporters is approaching universality, though expectations vary dramatically by region. ESG commitment has fractured significantly, declining 22 percentage points globally.