Suez Canal records highest revenue ever

In 2021, Suez Canal recorded revenues of $6.3 billion, this represents an increase of 12.8% compared to 2020.

This is the Canal’s highest revenue record in its history, as well the highest net tonnage annually at 1.27 billion tons, up from 1.17 billion tons in the previous year.

In 2021, more than 20,000 ships crossed the Suez Canal from both directions, recording a 10% increase in 2020 where the number stood at 18,830 ships, as reported by Egypt Today. In 2020 the Canal’s revenues were at $5.6 billion.