2004
Global Reciprocal Trade Statistics
The World Trade Organization estimates that 15% or $8.43 billion
of the $5.62 trillion in international trade is conducted on a non-cash
basis.
Yet, as impressive as this number may be, less than 1% of businesses
use non-cash trade as a means of doing business.
With the capabilities of global communications and technology, the
power of reciprocal trade is more tangible and can be realized quickly
and efficiently.
IRTA recently announced the results of their industry
survey:
Approximately $8.25 billion was traded through reciprocal trade
companies in 2004.
Of the $34 USD trillion global economy:
60% is consumer spending
30% is government spending
10% is business spending ($3.2 trillion)
The target is 4% of total business spending. This means there is
an approx. $136 USD billion opportunity for reciprocal trade through
exchanges, not including corporate trade or countertrade...
Reciprocal Trade by Geographic Region (per year)
North America / Latin America:
Approximately 500 commercial trade exchange companies
Approximately 5 corporate/hybrid trade companies
Estimated 2.3 billion USD traded through commercial exchanges
Estimated 2.1 billion USD through corporate/hybrid trade companies.
Europe & Middle East:
Approximately 100 commercial trade exchange companies
Approximately 4 corporate/hybrid reciprocal trade companies
Estimated 1.8 billion EURO total traded through reciprocal means
Australasia (Australia and Asia):
Approximately 100 commercial barter exchange companies
Approximately 3 corporate/hybrid barter companies
Estimated 1.85 billion AUD total traded through reciprocal means
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