(11 February 2026 – Global) The latest 2026 Citi GPS Supply Chain Finance report examines the shifting dynamics of global trade that endures against a backdrop of volatility, forcing CFOs to assess real outcomes of tariff policy and the rapid proliferation of AI.
Featuring East & Partners research based on direct interviews with 700 large corporates globally, the latest Citi GPS Report Supply Chain Financing – Durable Global Trade in the Age of AI finds global trade and geopolitics are more closely intertwined with one another than ever before.
Export growth from North and East Asia has shifted towards more emerging economies in efforts to diversify customers while the US appears to have increased its imports from other regions faster than it has from North and East Asia.
When asked how their companies have responded to tariffs, corporates were more likely to provide answers that centered around managing costs, liquidity and inventory.
Working Capital Directly Related to Funding Tariff Costs
% of Total
Source: Citi GPS 2026 Report – Supply Chain Financing Durable Global Trade in the Age of AI (N: 710)
2025 reaffirmed that bond remains intact while technology – in particular AI and blockchain – has also had a profound impact on trade and supply chains.
The analysis reveals a sharp increase in the number of treasurers using AI to manage a wide array of treasury functions and new applications of technology only continue to emerge.
“Disruption is no longer a bug in global trade – it’s a feature. The global trade landscape of 2026 is based on the new norm of trade incentives and barriers, geopolitical shocks and policy uncertainty that have created a markedly different environment” stated Citi Global Head of Trade and Working Capital Solutions, Adoniro Cestari.
“Trading relationships are being reassessed, supply chains are being reconfigured, and assumptions about efficiency, resilience, and risk rewritten. The picture that emerges from this report is neither complacent nor alarmist”
“Long-standing assumptions have been turned upside down, power is shifting, and the world is changing and AI will accelerate changes. For those ready to seize it, there are large opportunities for growth. Our aim in this report is to provide a clear-eyed, forward-looking perspective on how global trade is being reshaped, and why its capacity to survive, and to thrive, should not be underestimated.”
Overall, this year’s Supply Chain Financing report, following the 2025 GPS report Resilience, Opportunity and the Shifting Winds of Trade, encapsulates the state of global trade and how it may continue to evolve in 2026.
Download the latest Citi Global Perspectives Solutions (GPS) report: https://www.citigroup.com/global/insights/supply-chain-financing-2026