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Out of the volume of trade of Japan in 1973, the volume of marine transport
registered 51.24 million tons for exports and 60l.19 million tons for imports,
indicating increases of 3.4 per cent and 17.2 per cent respectively over the
previous year. Transport shares of Japanese-flag vessels stood at 42.7 per cent
for exports (26.6 per cent if chartered foreign vessels are excluded) and at
65.9 per cent for imports (43.7 per cent if chartered foreign vessels are excluded),
reflecting the trends in recent years of increases for exports and of leve11ing10ff
for imports.
The marine freight of the world in 1973 was unusually brisk both for trampers
and tankers because the balance between demand and supply of the tonnage of
meet tipped favourably to shipowners. The tanker market, however, dipped sharply
since the cutback of petroleum exports from oil-producing Arabian countries.
The volume of air transport ofJapan in 1973 was 38,076 tons for exports
and 38,737 tons for imports, up 10.1 per cent for exports and up 48.2 per cent
for imports over the previous year. Transport shares of Japanese airlines were
32.0 per cent for exports and 35.8 per cent for imports.
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