The Unit Of International Trade

The Unit Of International Trade

The exceptional improvement of the communication infrastructure, removal of protectionist regimes and specialisations of domestic industries in the last 100 years has ushered in a new era of globalisation. The whole global economy is interlinked and interdependent like no other period in the history. Instead of producing maximum number of products required by the domestic consumer base, the economies have gradually moved to specialise in a few key industries where they believe they could enjoy the competitive advantage. This development has opened up exciting possibilities for the collective development of the global economy but at the same time, the carriage of goods between countries has poised a logistic challenge a parallel of which cannot be found in the past.

Millions of tons of raw material, finished goods, machinery and agricultural produce pass between countries on a daily basis. This scale of freight is financially not feasible to be transported through air and many of the destination countries are landlocked or across the great oceans for the transport to take place through the land routes. The solution mankind came up with was the shipment through international waters using huge containers of steal. The steal container is the new unit of the international trade. 

Ensuring food security 

Many of the countries, either owing to their terrain or different priorities, do not produce enough food for their population. It is impossible to grow staple food in the great Sahara Desert or the icy wilderness of Siberia. Similarly, the Australian continent has more cultivatable lands than the people available to cultivate them. Many countries normally do boast agricultural self dependence but some unforeseen whether shift can instantly put any region under a severe crisis. Without immediate shipment of food from other countries, a famine like situation can arise which would cause a great loss of life. Fortunately, some remarkable engineering at sea and the fruits of globalisation do not let situations like these exacerbate and cause havoc which they most definitely did in the past. Giving the due credit to the steel containers aboard the steamer ships, nobody would know how to transport hundreds of thousands of metric tons of wheat without them. 

Moving heavy machinery 

All regions in the world have not developed at par to reap the benefits of industrialisation. Whether it was the initiative or the exploitation of right resources at the right time, countries like the UK, Australia, United States and Japan have grown to develop the technical prowess in the field of heavy industry. The machinery that is used in the manufacture of heavy machinery i.e. air planes, cars, railways, manufacturing plants etc is still restricted to a few first world countries. The products of these industries are humongous, heavy and complicated. They cannot be exported in an assembled form and even when they are, it is impossible to transmit a whole factory through any other means but those 40ft shipping container for sale. This cargo solution has revolutionised the import/export and also cut down the cost and time for transmission of goods within a country. 

Connecting raw material with the factories 

It may happen that a thread processing factory is situated in the vicinity of the cotton growing fields. But a cursory glance at the economy centres and market placements around us informs us this is not always the case. At times, the processing units might be located at a distance of hundreds, even thousands of kilometres from the site where raw materials are being produced. As is normally the case with metal ores, petroleum rigs and agricultural products, they have to be carried a long distance for processing and value addition. 12 meter long cargo containers for sale Adelaide are traded by many companies which are acquired for these purposes and used to carry the raw materials to factories. 

The conveyance of materials and products at a reasonable speed and an affordable cost over the vast oceans and barren desserts is how the international trade is structured. It is the lifeline of global economy and the only viable method to cater an ever increasing volume of the domestic as well as the world trade. The 40 foot long shipment boxes aboard a steamer is synonymous to employment for the workers, affordable products for the consumer, revenue for the governments and an ever more fused economies, which in a way, can serve as a deterrent against any potential hostilities between countries. 

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