Global flow of goods seeing slow growth
Global flow of goods seeing slow growth
Lower global trade growth naturally goes hand in hand with a weaker global flow
of transportation, regardless of the mode of transport. Ship transport clearly
dominates the intercontinental transport of goods, accounting for some 90% of
total volume. Air transport, on the other hand, accounts for less than 1% of
tonnage.
But because mainly high-value goods are transported by plane, air
transport accounts for over 30% of the total monetary value of global trade.
Road transport naturally accounts for a larger share of the flow of goods within
single continents and states, as transport by water is often impossible. When it
comes to the flow of goods within the EU (including inner-European ship
transport), for example, roads accounted for 49% of transport volume in 2014 (in
tonne-kilometres; data for traffic volume in tonnes is not available from
Eurostat). Taking only land-based modes of transport into account (roads, rails,
inland waterways and pipelines), 71% of the volume was transported on roads
in the EU.
In Germany, road transport accounts for almost 70% of transport
volume and around 84% of transported goods.
EU Forecast
euf:ba18.d:166/nws-01