Ever wonder how much trade really goes through Europe? Here’s the answer: A LOT!
According to a 2012 report from the World Bank, almost half (45%) of global trade begins or ends in Europe. On one hand, I wonder whether this is still true a few years into the euro crisis, as we might expect to see those trade numbers drop. On the other hand, I also wonder whether this includes all shipping of goods, because a fair amount of goods that travel through Europe don’t begin or end there!