World economic output, world trade and global container trade gained momentum during the last few months of 2016. After the lacklustre global GDP growth of 3.1 % and the accompanying disproportionally low world trade expansion (2.2%) recorded in 2015, the first three quarters of 2016 seemed to turn out eagerly dull in terms of economic activity and container trade demand. However, according to the latest assessment of the International Monetary Fund, real GDP growth increased to 3.6 % and world trade expanded by 3.8% in 2016. Most of this is attributable to a cyclical upturn which was felt in the second half of the year.
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