Global Freight Data Show Diverging Trends for Developed and Developing Economies
The latest update of global freight data collected by the International Transport Forum at the OECD through March 2014 shows that:
- USA and EU27 external trade by sea and by air, measured in tonnes of goods moved, remain stagnant below pre-crisis (June 2008) levels;
- BRICS and Asia are locomotives of growth. China’s external trade by sea and air, measured in values, continues to grow since recovery in 2010;
- Inland freight transport in emerging economies outperforms developed economies.