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Bulk Handling Dry-bulk Terminal Economics

Slowing - but not by much

01 Sep 2005

This year, according to the latest update to Global Insight's World Trade Model, total world (international) trade will climb by 4.1%, slower than last year's 5.0% and even slower than the "record" growth of 6.2% in 2003. Total tonnage this year will hit more than 8.7 billion metric tons.

TABLE 1: Seaborne Trade by Service Type (Millions of metric tons) Shares of Total Sea Trade in 2005
TABLE 1: Seaborne Trade by Service Type (Millions of metric tons) Shares of Total Sea Trade in 2005

Historically, world international trade fell by 5.1% in 2002, and most of this was overland cargo moves that collapsed by more than 15.0%. Seaborne trade still increased, but only by 1.6% in 2002.

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TABLE 1: Seaborne Trade by Service Type (Millions of metric tons) Shares of Total Sea Trade in 2005

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