Maritime industry moves $14 trillion in global trade annually

Key facts

• The maritime industry facilitates $14 trillion in annual global trade.
• Ships transport around 80% of all goods traded worldwide.
• The maritime sector is larger than trucking or air freight combined.

The global economy relies heavily on the efficient movement of goods across oceans. The maritime industry, encompassing shipping and related logistics, forms the backbone of international trade, handling a vast majority of goods transported worldwide. Its scale and daily operations are fundamental to supply chains and economic interconnectedness.