Trade imbalance refers to (select all that apply)

Question

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The COVID-19 pandemic not only significantly reduced demand, but it also caused significant displacement of containers, leading to container shortages in South East Asia and China which are key source countries for many goods. This is a consequence of a phenomenon called directional imbalance, like trade imbalance. Directional imbalance refers to the fact that demand for shipping significant varies across directions of shipping. For example, there is significantly more demand for shipping cargoes from China to Europe, but a lot less demand in the opposite direction.

Trade Imbalance Refers to (Select All That Apply)