Research by Lloyd’s Marine Intelligence Unit (LMIU) shows that the widely used statistic that 90% of global trade is carried by sea, is inaccurate. The real figure is about 75%. The research has major implications for decision makers and analysts. The revised figure is based on a bottom-up calculation of global seaborne trade measured in both volume terms and by value.
Green Marine
about 17 years ago
Three quarters of global trade by sea
Research by Lloyd’s Marine Intelligence Unit (LMIU) shows that the widely used statistic that 90% of global trade is carried by sea, is inaccurate. The real figure is about 75%. The research has major implications for decision makers and analysts. The revised figure is based on a bottom-up calculati
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