What a year and a half we’ve had. 2020 kicked off with the coronavirus spreading around the world, and concluded with a peak season that put all other peak seasons to shame. Global GDP slowed down by 4-5%, depending on who you ask. Supply chains had just enough time to fall apart before having to ramp up to meet e-commerce and vaccine distribution demands (at the same time, of course).
Not that 2021 hasn’t come with its share of excitement. Nearly halfway into the year, shippers are still dealing with the fallout from a week-long obstruction in the Suez Canal while imports continue to pile up on both coasts.
In honor of World Trade Month, which wrapped up in May, we put together 31 facts about world trade last year.