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At 11.4 per cent of the value of imports, African countries paid more for international transport than any other region in 2005–2014

Published on October 16, 2015

International transport costs amounted to a country average of 9 per cent of the value of imports during the decade 2005–2014, according to the UNCTAD Review of Maritime Transport 20151. Globally, technological advances, economies of scale, improved trade and transport facilitation as well as more fuel efficient ships and trucks have all contributed to the trend of a long-term decline in international transport costs. 

Among the main regional groupings, African countries paid the most (an average of 11.4 per cent), followed by Oceania (9.6 per cent), against an average of only 6.8 per cent for developed countries (see figure). UNCTAD has identified seven fundamental reasons behind the disparity in international transport costs and the relatively high cost of transport for African countries in particular. Read more. Source | UNACTAD