Trade fragmentation unveiled: five facts on the reconfiguration of global, US and EU trade

• Published in: Economia e politica industriale Vol. 52; no. 3; pp. 535 - 557
• Main Authors: Conteduca, Francesco Paolo, Giglioli, Simona, Giordano, Claire, Mancini, Michele, Panon, Ludovic
• Format: Journal Article
• Language: English
• Published: Cham Springer International Publishing 01.09.2025; Springer Nature B.V
• Subjects: Business Strategy/Leadership; Economics; Economics and Finance; Entrepreneurship; Industrial Organization; R & D/Technology Policy; United States > US; Italy; China; Trade fragmentation; Trade policy; F52; F51; Geopolitical tensions; F14; Selective decoupling; F13; Global value chains; Critical inputs

In this work, we analyse the most recent shifts in trade patterns amid increasing geoeconomic fragmentation. We document five facts about the recent reconfiguration of global, US and EU trade flows. First, a broad retreat from globalization is not taking place. Second, selective decoupling along geo...