ocean trade

Shipping between continents

Ocean trade is the commercial exchange of goods transported by ship across seas and oceans.

This mode of commerce has connected distant economies for millennia, from ancient Mediterranean routes to modern global container shipping.

The term encompasses everything from bulk commodities like oil and grain to manufactured products moving between continents.

Ocean trade accounts for roughly 80 percent of world merchandise by volume.

Related

free port · port of call · letter of marque · trading post · tariff · entrepôt · hold · crew · grain · Suez Canal · sea lane · ship · shipping lane · silk road · freight · global market · bill of lading · maritime law

Opposites
transport medium

ocean tradecaravan trade

Goods moved by traveling groups

trucking · air freight · air cargo · rail transport · rail freight

geographic scope

ocean traderegional trade

Exchange within a territory

local markets · domestic trade · local trade · local commerce

economic openness

ocean tradeautarky

Complete economic independence

economic isolation · protectionism · self-sufficiency · trade embargo · isolationism

Family

trade, ocean, maritime trade

Familiarity
Top 500,000
Profile
Known to kids · Used worldwide · Timeless · Everyday, not technical · Rated G