Commodities trading is a major component of global trade, with energy, metals, and agriculture being key categories. The U.S. and China are the largest traders of commodities, while Europe and Japan also play significant roles.
The WBC Commodities Trading Council is focused on enhancing transparency and efficiency in global commodities markets. By promoting best practices, fostering innovation in trading platforms, and encouraging sustainable sourcing, the Council helps ensure responsible and efficient trade across key commodity sectors like energy, metals, and agriculture. The Council also supports regulatory reforms to create more robust, transparent markets. Looking forward, the Council aims to expand the use of digital trading platforms, promote blockchain for traceability, and drive efforts in sustainable commodities sourcing, ensuring a balanced and responsible commodities trading environment.