Main menu For students For teachers Explore our subjects Student events & courses

Teaching Economics

Blog

Rise in Baltic Dry Index hints that worst of global trade slump may be over

Geoff Riley

30th June 2009

Share this content:

Shipping the world’s goods around the globe is often used as a guide to the overall health of the world economy and the extent of globalisation in tangible products. The Baltic Dry Index provides a signal about the strength of demand for freight in the world index - the index is the market place for the buying and selling of shipping freight contracts and the value of the Baltic Dry seems to have recovered a little from the lows of a few months ago, largely it appears on the back of a rise in demand for cargo into the Chinese economy. This BBC video provides good background on the recent volatility in the value of the Baltic Dry Index.

Share this content:

Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.