HomeNEWSInfrastructureADVERSE EVENTS ON IMPORTANT MARITIME ROUTES THREATEN INTERNATIONAL TRADE

ADVERSE EVENTS ON IMPORTANT MARITIME ROUTES THREATEN INTERNATIONAL TRADE

As soon as global economies recovered from the negative impact of COVID-19, adverse events on important maritime routes once again threaten international trade — and could leave an impact on Brazil. A historic drought has lowered the water level in the Panama Canal, reducing the flow of ships crossing the Central American country, where around 6% of global trade passes. On the other side of the planet, attacks by Houthi rebels in the Red Sea affect the entire route that passes through the Suez Canal in Egypt, which accounts for around 12% of world trade.

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