What percentage of world trade is handled by shipping?

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Multiple Choice

What percentage of world trade is handled by shipping?

Explanation:
Shipping moves the vast majority of world trade because it’s the most cost-effective way to transport large quantities across long distances. Containers and bulk cargo allow ships to carry enormous volumes in a single voyage, which lowers the cost per ton-mile and makes global shipping the preferred method for international trade. Because of that efficiency, a figure around 95% is commonly cited for the share of world trade moved by sea. Other modes—air for fast, high-value goods, and rail/road for regional or inland movement—exist, but they can’t match sea freight on scale or cost for long-distance international trade.

Shipping moves the vast majority of world trade because it’s the most cost-effective way to transport large quantities across long distances. Containers and bulk cargo allow ships to carry enormous volumes in a single voyage, which lowers the cost per ton-mile and makes global shipping the preferred method for international trade. Because of that efficiency, a figure around 95% is commonly cited for the share of world trade moved by sea. Other modes—air for fast, high-value goods, and rail/road for regional or inland movement—exist, but they can’t match sea freight on scale or cost for long-distance international trade.

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