trade hubs

Trade hubs are strategic locations where goods are gathered, stored, and redistributed, facilitating international commerce. They often have major ports, airports, or transportation corridors that connect producers and consumers across regions or countries. By concentrating trade activities, these hubs reduce transportation costs, improve efficiency, and promote economic growth. Examples include major ports like Singapore or Rotterdam, which handle vast volumes of cargo, or cities serving as regional distribution centers. Essentially, trade hubs act as pivotal points in global supply chains, making it easier and faster to move products from producers to markets worldwide.