Slowing - but not by much

2005-09-01T00:00:00

TABLE 1: Seaborne Trade by Service Type (Millions of metric tons) Shares of Total Sea Trade in 2005

This year, according to the latest update to Global Insight''s World Trade Model, total world (international) trade will climb by 4.1%, slower than last year''s 5.0% and even slower than the "record" growth of 6.2% in 2003. Total tonnage this year will hit more than 8.7 billion metric tons.

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