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Asia-US containers increase in August

Outbound containers to the U.S. from 10 major Asian countries and regions (based on shipments that mother vessels are loaded with at ports of origin) increased 3.6% to 1,515,033 TEUs, enjoying a year-on-year improvement for two back-to-back months, U.S. research company Descartes Datamyne recently announced. In the first eight months (January-August), however, container throughput on the trade only grew a minute 0.8% to 10,810,218 TEUs.

Meanwhile, containers from the U.S. to Asia declined 8.6% to 460,875 TEUs in July. In January-July, they fell 4% to 3,461,110 TEUs.

Looking at containerized shipments exported in August by origin, those from most economies swelled from a year earlier. Exports from China waned 2% to 897,074 TEUs, suffering a year-on-year contraction for seven consecutive months, but managed to hold the largest share of the pie. Finishing in second place, those from South Korea surged 16.7% to 166,951 TEUs. Ranked third were those from Vietnam, which soared 37.2% to 106,403 TEUs and hiked from a year earlier for the ninth consecutive month. The fourth-largest source was Taiwan, which exported 81,003 TEUs, up 0.5%, which marked a year-on-year increase for six months running. Containers from Japan came in seventh, totaling 41,214 TEUs, down 8.3%. Including those transshipped in Japan, the total sank 3.5% to 55,630 TEUs based on volumes at ports of loading.

As for incoming containers in July, 138,837 TEUs were moved to China, down 15.7%. They were followed by those to South Korea, which decreased 2.4% to 54,466 TEUs. The third-greatest destination was Japan, to which 54,346 TEUs were carried, down 16%. Containers to the top three all diminished year on year. In contrast, imports to India, which finished in fourth place, ballooned 29.3% to 47,008 TEUs.

 

Source: JIFFA

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