International Trade Volumes by Channel
20 December 2022•
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Despite being the slowest mode of transport, maritime trade is by far the largest segment of trade, due primarily to scale and efficiency, compared to trade by air or land. Besides cost savings, maritime trade also allows for the transportation of large goods in tankers, main bulk and other dry (which includes containers) cargo formats. Tankers and main bulk account for 57% of volume (millions of tons loaded), as of 2021.
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