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Home News Asia container exports to US surge in February

Asia container exports to US surge in February

In February, container exports from 18 Asian countries and regions to the United States experienced a significant rebound compared to the previous year.

According to Japan International Freight Forwarders Association, Inc. (JIFFA), container exports fuelled by robust demand, surged by 29.4% year-on-year, reaching 1.6 million TEUs, as reported by the Japan Maritime Center (JMC) using data from the Port Import/Export Reporting Service (PIERS).

Over the first two months of the year, these exports totalled 3.34 million TEUs, marking a notable year-over-year increase of 22%.

Nearly all of the 18 economies witnessed double-digit growth in container exports, with notable increases seen in shipments from China, which soared by 29.5% to 883,693 TEUs, from South Korea, which rose by 14.1% to 91,743 TEUs, from Taiwan, which increased by 20.3% to 55,982 TEUs and from Japan, which grew by 14.3% to 54,620 TEUs.

Moreover, shipments from Southeast Asia saw a significant increase, totalling 403,052 TEUs, up by 41.9%. Notable contributions came from Vietnam with exports amounting to 214,177 TEUs, up by 46.9%, from Thailand with 76,627 TEUs, up by 41.6%, from Indonesia with 39,118 TEUs, up by 27.4% and from Malaysia with 35,243 TEUs, up by 52%.

Regarding South Asia, container exports reached 106,650 TEUs, up by 17.5%, including 81,226 TEUs from India, reflecting an increase of 16.1%.





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