Developments in international seaborne trade

In 2016, the maritime transport sector continued to face the prolonged effects of the economic downturn of 2009. Seaborne trade remained under pressure owing to continued weak global demand and heightened uncertainty stemming from factors such as trade policy and low commodity and oil prices. Moreover, several trends with relevant implications for maritime transport continued to gradually unfold and raise attention, in particular digitalization, the rapid expansion of electronic commerce (e-commerce) and growing concentration in the liner shipping market.

Sustainable Development Goals:

Industry, Innovation and Infrastructure