Transport and Covid-19: responses and resources

Global Freight Data Show Trade Slowing Down

The latest update of global freight data collected by the International Transport Forum at the OECD shows global trade volumes are slowing down:

  • USA and EU27 external trade, measured in tonnes of goods moved, remain stagnant and indicate further decline since the previous quarter; 
  • EU27 imports by air fall below pre-crisis levels for the first time since Q1/2010, suggesting weakening domestic demand; 
  • Trade by value shows a more mixed picture; 
  • China’s external trade, by value, remains flat;
  • Road and rail freight decline in the EU area, further indicating weak domestic performance.

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