In 2023, China's national coastal shipping volume stood at 5.7582 trillion tonne kilometers, towering over other countries. Japan followed with 0.16094, and Australia at 0.09717. Countries like Italy, Spain, and the United Kingdom had smaller volumes, at 0.05524, 0.05138, and 0.02388 respectively. Norway and Mexico recorded 0.0199 and 0.01568. Significantly lower volumes were logged by Azerbaijan, Kazakhstan, Croatia, Estonia, and Iceland. Year-on-year trends show China's volume growing by 2.09%, while Japan and Australia saw reductions of -2.11% and -2.24%. Iceland experienced substantial decrease of -5.92%, opposite to Estonia’s 36.85% increase. Kazakhstan’s volume plummeted by -24.06%, signaling a severe decline.
Future trends indicate the following watch-points for the global volume of national coastal shipping by country:
- China is expected to continue its dominance in the sector.
- Countries with declining trends like Japan, Australia, and Kazakhstan may need strategic shifts to stabilize their volumes.
- Percent increases in smaller economies like Estonia may present new opportunities.
- Technological and environmental considerations are likely to influence national policies impacting coastal shipping.
- Monitoring the economic and geopolitical stability in key regions such as Europe and Asia will be critical for forecasting future shipping volumes.
Top countries in Volume of National Coastal Shipping by Country
| # | 10 Countries | Million Tonne Kilometers | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 5,758,200 | 2023 | +1.44% | +2.09% | View data |
| 2 | 2 Japan | 160,940 | 2023 | -1.06% | -2.11% | View data |
| 3 | 3 Australia | 97,170 | 2023 | -0.23% | -2.24% | View data |
| 4 | 4 Italy | 55,240 | 2023 | +0.79% | -1.3% | View data |
| 5 | 5 Spain | 51,380 | 2023 | +3.44% | +0.43% | View data |
| 6 | 6 United Kingdom | 23,880 | 2023 | -4.49% | -0.35% | View data |
| 7 | 7 Norway | 19,900 | 2023 | -0.35% | -2.28% | View data |
| 8 | 8 Mexico | 15,680 | 2023 | -1.05% | -0.53% | View data |
| 9 | 9 Azerbaijan | 3,280 | 2023 | -4.51% | -6.43% | View data |
| 10 | 10 Kazakhstan | 355.2 | 2023 | -20.29% | -24.06% | View data |
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