CONTAINER & CARGO HANDLING

Slowing – but not by much

21 years ago

This year, according to the latest update to Global Insights World Trade Model, total world (international) trade will climb by 4.1%, slower than last years 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

This year, according to the latest update to Global Insights World Trade Model, total world (international) trade will climb by 4.1%, slower than last years 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.