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Covid-19 and seaborne trade: The Italian perspective

Author

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  • Ferrari, Claudio
  • Persico, Luca
  • Tei, Alessio

Abstract

Covid-19 pandemic impacted on all major trade flows, shuffling global value chains and pushing major industries to re-think their procurement strategies. While long term impacts are still subject to speculation, the immediate response of local industries need to be evaluated in order to target relevant policy interventions and to understand which economic players have been hit the most. Current paper tries to fill such gap, using the Italian Custom Agency database for verifying which trade sectors and ports suffered the most from the Covid-19 first wave. In order to achieve the research goal, all containerized import and export flows have been collected for the period 2012–2020, comparing historical patterns with the one observed in the first semester 2020. Results aim at contributing to the current understanding of the crisis’ impact and they will be used for driving future recovery plans.

Suggested Citation

  • Ferrari, Claudio & Persico, Luca & Tei, Alessio, 2022. "Covid-19 and seaborne trade: The Italian perspective," Research in Transportation Economics, Elsevier, vol. 93(C).
  • Handle: RePEc:eee:retrec:v:93:y:2022:i:c:s0739885921001347
    DOI: 10.1016/j.retrec.2021.101162
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    References listed on IDEAS

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    More about this item

    Keywords

    Covid-19 pandemic; Seaborne trade; Value chains; Italian logistics;
    All these keywords.

    JEL classification:

    • R40 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - General
    • L91 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Transportation: General

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