Global Merchandise Exports and Container Throughput, 1980-2020

Source: World Bank and Drewry Shipping Consultants. There is a high correlation between global merchandise exports and global container throughput (R square of 0.97), which is indicative of the derived demand function of global container shipping. Although this relation is proportional, there are fluctuations in this proportionality and a growing … Continue reading Global Merchandise Exports and Container Throughput, 1980-2020