Wednesday 30 of November, 2022
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Suez Canal Targets 15% Share of Global Energy Trade in 2040

During 2021, the Suez Canal achieved its highest annual revenue in its history with USD 6.3 billion - a USD 720 million increase from its revenue in 2020.

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The Suez Canal Authority is targeting a 15% share of global energy trade by 2040. Between 2005 and 2019, the Suez Canal has doubled its share from 4% to 8%. It hopes to nearly double that number once again by serving as an efficient trade route for energy.


During 2021, the Suez Canal achieved its highest annual revenue in its history with USD 6.3 billion - a USD 720 million increase from its revenue in 2020.