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Coronavirus increased the share of maritime transport in foreign trade
Coronavirus increased the share of maritime transport in foreign trade

Since the emergence of the coronavirus epidemic, the share of exports by air and by land has fallen, while exports by sea have increased by 2.7 points.

In March, due to the coronavirus epidemic, which started and spread throughout China and economically affected the world, while the share of exports by air and by land decreased, it increased 2.7 points in the share of exports by sea in this period. According to foreign trade data compiled from the Ministry of Commerce, exports in March decreased by 17.81 percent compared to the same month of 2019 and reached 13.4 billion dollars.

When the distribution of exports by types of transportation is analyzed, exports made by sea in March took the first place with 8 billion 620 million dollars. This mode of transportation was followed by roads with 3 billion 702 million dollars and air exports with 929 million dollars. Despite the decrease in exports, it was noteworthy that in March 2020, the share of exports by sea rose by 2.7 points to 64.2 percent compared to the same month of the previous year.

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