How much of the world’s maritime trade passes through the Panama Canal:
How much of the world’s maritime trade passes through the Panama Canal:
Answer: 5%
The Panama Canal is a critical artificial waterway connecting the Atlantic and Pacific Oceans, significantly reducing travel distance for global shipping. Approximately 5% of the world’s maritime trade transits this canal, making it a vital hub in international logistics. Its strategic location shortens routes for vessels transporting goods such as petroleum, grain, and manufactured products. The canal’s efficiency not only saves fuel and time but also enhances global economic integration. Managed by Panama since 1999, it plays a pivotal role in world trade, with its traffic reflecting global economic trends and shipping demands.
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