We love trade
Entrepreneurs, workers, producers and consumers. Today, trade accounts for roughly 60% of global GDP and it’s the pulse of the global economy. Trade inspires ideas to travel, drives businesses to grow and allows for people to prosper. Meet Emma & Claire, David, Sandra, Miguel and Sefa.
Maersk Line is the leading shipping line in the world. The company was one of the first foreign shipping lines to be given a license to operate in China and has served China since the beginning of the 20th century. Today, the country is one of Maersk Line’s biggest markets.
Maersk Line’s presence and market share in China implies that it is responsible for a significant share of the total shipping sector’s contribution to increased trade growth in China. Our study shows that in the period 2004 –2012 a 11% of the trade growth coming from improved container shipping connectivity is attributable to Maersk Line operations alone. In other words, Maersk Line has helped boost Chinese trade growth by increasing its services and economy of scale in China.