Figure 7 Worldwide Overseas Oceanborne and Air Cargo by Weight: 1995-2007
Wednesday, December 21, 2011
Figure 7
Worldwide Overseas Oceanborne and Air Cargo by Weight: 1995-2007
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Index 1995=100
| Year | World oceanborne cargo (million tons) | World air cargo (million tons) | World TEUs (millions) | World vessel cargo | World air cargo | World TEUs |
|---|---|---|---|---|---|---|
| 1995 | 4,651 | 14 | 137 | 100 | 100 | 100 |
| 1996 | 4,758 | 15 | 151 | 102 | 105 | 110 |
| 1997 | 4,953 | 17 | 161 | 106 | 121 | 117 |
| 1998 | 5,631 | 18 | 170 | 121 | 123 | 124 |
| 1999 | 5,683 | 19 | 185 | 122 | 133 | 135 |
| 2000 | 5,984 | 21 | 234 | 129 | 145 | 170 |
| 2001 | 5,891 | 20 | 245 | 127 | 139 | 179 |
| 2002 | 5,948 | 21 | 270 | 128 | 145 | 196 |
| 2003 | 6,598 | 22 | 307 | 142 | 151 | 224 |
| 2004 | 6,893 | 24 | 301 | 148 | 168 | 219 |
| 2005 | 7,122 | 25 | 306 | 153 | 174 | 223 |
| 2006 | 7,761 | 26 | 426 | 167 | 184 | 311 |
| 2007 | 8,032 | 28 | 437 | 173 | 194 | 318 |
SOURCE: U.S. Department of Transportation, Research and Innovative Technology Administration, Bureau of Transportation Statistics, based on data from various sources. Oceanborne cargo-United Nations Conference on Trade and Development, Review of Maritime Transport, various issues, available at www.unctad.org/rmt as of Oct. 3, 2009. Air cargo-International Civil Aviation Organization (ICAO), special tabulations, Sept. 28, 2009.
- By weight, air carriers carry less global merchandise trade than ocean vessels. Air carriers transport high value-per-ton commodities. During the past decade, however, the tonnage of air cargo transported globally grew at a faster rate than total oceanborne cargo.
- Air cargo tonnage grew as demand for international express traffic increased and shippers sought more time-definite deliveries. While ocean carriers provide lower transportation costs, air carriers provide faster delivery times.
- Containerized cargo, a segment of the maritime industry that, like air cargo, includes high value-per-ton goods, grew faster than air cargo and total oceanborne cargo during this period.