In 2023, the Netherlands led Europe with 585.19 million metric tons of sea-shipped goods, experiencing a minor decline of 0.63% year-on-year. Spain and the United Kingdom followed at 445.79 and 429.04 million metric tons, with reductions of 0.94% and 0.5%, respectively. Italy showed slight growth at 0.051%, whereas Belgium posted the highest growth rate of 1.96%, along with Germany's modest 0.066% increase. France and Finland saw the steepest declines at 2.93% and 1.32%, respectively. Emerging growth rates were notable in smaller markets such as Norway (2.49%) and Estonia (2.59%).
Future Trends:
- Expect stronger growth in Baltic and Eastern European countries as their port infrastructure improves.
- Monitor the impact of potential regulatory changes and environmental policies on shipping volumes.
- Technological advancements in logistics may streamline operations, leading to potential upsurges in growth rates.
Top countries in Gross Weight of Goods Transported by Sea Shipping by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 585,190 | 2023 | -0.52% | -0.63% | View data |
| 2 | 2 Spain | 445,790 | 2023 | +0.28% | -0.94% | View data |
| 3 | 3 United Kingdom | 429,040 | 2023 | -0.57% | -0.5% | View data |
| 4 | 4 Italy | 400,430 | 2023 | +0.57% | +0.051% | View data |
| 5 | 5 Belgium | 297,610 | 2023 | +2.4% | +1.96% | View data |
| 6 | 6 Germany | 293,560 | 2023 | +0.12% | +0.066% | View data |
| 7 | 7 France | 248,350 | 2023 | -1.85% | -2.93% | View data |
| 8 | 8 Norway | 196,980 | 2023 | +0.11% | +2.49% | View data |
| 9 | 9 Sweden | 169,190 | 2023 | +0.36% | -0.69% | View data |
| 10 | 10 Greece | 148,210 | 2023 | +0.95% | -0.25% | View data |
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