Industry News

Shipping accounts for 90% of Africa’s international trade, and the Shipping container consolidation track is experiencing “crazy growth”


Almost 90% of the continent's international trade is by sea, and several African ports are competing to become their respective regional shipping hubs.

Its many advantages such as low cost, wide coverage, and large capacity have made maritime transportation the main artery of global trade.

With a population of 1.2 billion, Africa's economy mainly relies on agriculture and natural resources. The local manufacturing industry is underdeveloped. In addition, Africa's infrastructure such as networks and roads and railways are relatively weak. Previously, most consumer purchasing channels came from offline retail sales by importers. However, offline prices are too high, and the types of goods are single and inferior. Many Africans' voices of "Don't want bad goods, I have money" are getting louder and louder.

For Africa, maritime trade is the lifeline of African trade, and its people’s quality of life and industrial development are closely dependent on the benefits from the growth of maritime links and maritime trade;

For cross-border export companies, emerging markets like Africa will have huge development opportunities in the next 10 years. Although Africa is currently relatively backward in development, it already has the population size and infrastructure to develop e-commerce.

In the future, the volume of LCL shipping in Africa is expected to grow faster than that of FCL. In terms of goods types, mainly fast moving consumer goods, automobiles, consumer electronics, etc., China is still the largest export market

We use cookies to offer you a better browsing experience, analyze site traffic and personalize content. By using this site, you agree to our use of cookies. Privacy Policy
Reject Accept