The impact of Covid-19 on maritime transport and trade relations between Hungary and China

Today, globalisation is making our planet's systems increasingly complex and sophisticated. This includes supply chains, logistics processes, transport chains, and routes that link them. The COVID-19 pandemic in the winter of 2020 caused severe disruption to supply chains in this complex and interconnected system, temporarily reducing global demand and creating economic uncertainty. In the present research, the impact of the COVID- 19 epidemic on maritime transport and trade relations between Hungary and China was investigated using statistical methods, time series analysis, and correlation analysis. The original research question was formulated as the impact of the 2020 events on general maritime transport and trade relations between Hungary and China. The results show that global merchandise trade declined in 2020, while subsequent data show that maritime trade recovered rapidly, but this overloaded ports, increased freight rates, and reduced service reliability. The resilience of maritime transport and trade relations continued to show positive growth during the period under review, and the short-term impact of COVID-19 did not significantly affect long-term trends.