Facts & figures about European shipping

Shipping is a cornerstone of Europe’s security – from energy to food and supply chain security. The European shipping fleet is one of the largest in the world. While Europe makes up 5% of the global population and 15% of global GDP, European shipowners represent 35% of the world fleet. This enables the EU to play a leading role in the global supply chains. Shipping delivers the goods we need, supports EU exports and connects European citizens within Europe and with the rest of the world.

European shipping at a glance

European shipowners are active in all shipping sectors — from containers and bulk to ferries and offshore — but face fierce international competition. While the European shipping fleet is growing steadily, other fleets are growing faster:

The economic value of European shipping

European shipping generates significant economic value, supporting millions of jobs and contributing billions to the EU economy each year. It is an engine of trade, employment, and strategic autonomy.

The EU’s economy is deeply interconnected with the world — with a trade-to-GDP ratio of 106%. 76% of EU external trade moves by sea, making shipping vital for sustaining this openness and competitiveness. From raw materials to finished goods, European shipping ensures that food, energy, and essential supplies reach the continent.

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