Is international trade a job opportunity?

The Open Faculty Blog

In a globalised world that is beginning to defragment, it seems that talking about international trade is something contemporary, but nothing could be further from the truth. It is probably one of the oldest jobs, since, if we think back, we remember how the Romans, Greeks and Phoenicians told us about the voyages they made to bring materials and raw materials from their lands to other parts of the world.

In this post, we will analyse whether it has the international trade a job opportunity. We will explore the current opportunities and challenges in this field, how the evolution of global trade influences the labour market and what skills are needed to excel. 

Which sectors or economies are part of international trade? 

Attempting to summarise everything that makes up the international trade, exports, agreements, imports, etc... is somewhat complex as there are more than 200 economies and regions from all over the world. The same happens if we want to know in which sectors I will work if I train in international trade, since there are more than 8 sub-sectors that in the period 2005-2023 have been part of international trade, so the employment opportunities are numerous and varied.

What is the impact of geopolitics on international trade?

The opening of new markets at Asia and the tensions between China y USA have been decisive in ensuring that the western and eastern economies The EU's exports and imports will be affected. In addition, the war conflictsThe most common problems experienced in the EuropeNorth Africa and in Middle East have consequences in a number of areas that affect the whole of society. supply chain of raw materials, mobility, logistics and political agreements. This is why it is key to have a university education if you want to be a professional executive of international trade. 

Consulates and embassies play a key role in trade agreements between countries and the work of these diplomatic professionals with degrees in international relations is fundamental.

What skills do I need to study if I want to work in international trade?

Let's start with the basics: the communication. In an interconnected world, knowing how to communicate efficiently in several different languages is the first step. If you want to be able to establish agreements between companies, countries anywhere in the world, you must have your soft skills very well trained, therefore, working on subjects such as CommunicationSociology y Business Management is fundamental. Of course, English, French and German.

Other very important subjects are geopolitics, security and defence, diplomacy and marketing Sometimes we even forget that consulatesembassies have a key role to play in the commercial agreements between the countries and that the work of these diplomatic professionals international relations graduates is essential.

What is the impact of digitalisation on international trade?

The digitisation The growth of trade has increased trade transactions globally. E-commerce is undoubtedly one of the channels that is revolutionising international trade. This goes hand in hand with the knowledge of logistics. Information systems and the iartificial intelligencel are also opening up new areas of knowledge within the world of international relations and therefore of the trade worldwide.

We live in a change of cycle that is causing every day changes in the way we relate to each other. countries and affecting trade relations. Perhaps the commercial agreements that exist today will be changed in the near future, even bilateral organisations such as the UNthe NATO , Alliances between countries are becoming more and more important in the media for its leading role in the new world order. Have knowledge neutral of everything that forms part of the international relations system what originated it, why and for what purpose and how it will evolve is certainly a knowledge that provides you with a critical view and exciting of the the world to come.