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The potential for trade between two of the world’s most important economic areas — Asia and Europe — looks set to grow alongside rising global trade volumes, even in the face of considerable headwinds including the economic fallout of ongoing geopolitical tensions.
Maritime transport defied the COVID-19 disruption. In 2020, volumes fell less dramatically than expected and by the end of the year had rebounded, laying the foundations for a transformation in global supply chains and new maritime trade patterns.