The global sporting goods industry is contributing about $675 billion to global GDP, or about 0.6% of global economic output, while facing disproportionately harsh tariff rates, according to the WFSGI’s new economic impact report. The global economic deep dive was produced in tandem with consulting firm Oliver Wyman, drawing on company disclosures, WFSGI member submissions, governmental and international trade data, and commercial market datasets.

Before the latest Trump administration barrage, sporting goods products faced an average applied tariff of 14.1% in 2022, while accounting for 0.9% of global imports, nearly triple the ... Log in to view full article.