Global Freight Data Show Diverging Trends for Developed and Developing Economies [1]
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.