Journal of Applied Business, Economics and Strategic Management ISSN: 3139-1664 (Online)

Authors: Ritika Verma, Karan Joshi

Authors: Supply chain disruptions have emerged as a significant challenge for global trade, affecting production, distribution, and economic stability worldwide. These disruptions can result from natural disasters, geopolitical tensions, pandemics, and logistical failures, leading to delays, increased costs, and market volatility. This paper examines the economic impacts of supply chain disruptions on global trade, focusing on trade volumes, cost structures, and economic growth. The study employs both qualitative and quantitative analyses, drawing insights from case studies, trade data, and empirical research. The findings indicate that disruptions in supply chains not only increase operational and transaction costs but also destabilize international markets and reduce trade efficiency. The paper also explores mitigation strategies, including diversification, digitalization, and resilient supply chain design, which can enhance trade sustainability and economic resilience. The research provides valuable insights for policymakers, multinational corporations, and supply chain managers to navigate the challenges of global trade disruptions effectively.

Keywords: Supply chain disruptions, global trade, economic impact, trade volumes, cost structures, resilience, international markets.