30 Month Run of Global Trade Growth Slows To a Crawl — Panjiva


30 Month Run of Global Trade Growth Slows To a Crawl

Corp - Ports 661 Global 722 Mode - Airfreight 131 Mode - Seaborne 1273

Global trade activity growth may have slowed in September, Panjiva analysis of IATA and seaport data from 10 regions shows. Growth of 1.7% on a year earlier was marked a slowdown from 2.4% in the prior three months though still represents a 30th straight month of expansion. There is some evidence of the China-U.S. trade war having an effect with air traffic growth for Asian and North American airlines dropping to just 1.2% and 1.5% respectively. Seaborne traffic handled through China’s mainland ports grew by just 1.6%. Yet, a 4.5% rise in volumes handled by U.S. ports suggests global tra...

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