• Categories:International Express Links
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• Time of issue:2021-11-20 18:03
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(Summary description)The United Nations Conference on Trade and Development released a review report on maritime transport, focusing on the impact and recovery of global maritime trade due to the epidemic. The report pointed out that the decline in global seaborne traffic in 2020 was less than expected, laying the foundation for the transformation of global supply chains and new seaborne trade models. Although the Covid-19 pandemic has disrupted maritime transport, the consequences have not been as severe as initially predicted. Global seaborne trade contracted by 3.8% last year, but there are already signs of recovery, with global seaborne trade expected to grow by 4.3% in 2021. UNCTAD expects annual growth in seaborne trade to slow to 2.4% between 2022 and 2026, compared with an average annual growth rate of 2.9% over the past two decades.