The chart on the left looks at the year-over-year growth in world trade, and the chart on the right shows a breakdown of global seaborne trade by product. Global trade has rebounded smartly from the pandemic, supported by the fact that services consumption was severely limited over the past 12 months. Importantly, more than 90% of the world’s traded goods touch water at some point in their life, highlighting the essential role that transportation assets play within the context of the global economy.