2.6 C
London
Wednesday, February 26, 2020
Home News Containers from Asia to US decrease

Containers from Asia to US decrease

Exports of containerised shipments to the US from 10 major countries and regions in Asia decreased 0.8% year on year to 1,447,128TEU in January, according to Automated Commercial Environment and bill-of-lading (B/L) data provided by the US Customs and Border Protection (CPB).

For the month of January, throughput remained nearly unchanged for three years in a row.

Looking at eastbound containers by origin, those from China fell 4.5% to 842,206TEU, registering a year-on-year decline for the 12th consecutive month. Exports from South Korea fell 4.1% to 146,599TEU, while cargo from Japan declined more severely, falling 9.2% to 34,192TEU (down 9.3% on a port-of-discharge basis). In contrast, containers from Vietnam soared 39.6% to 120,250TEU, and boxes from Taiwan improved 0.3% to 92,013TEU. Shipments from India were also brisk, surging 10.6% to 43,859TEU.

In 2019, containers from China plunged 15.8% from the previous year to 1,748,420TEU, although they managed to account for the largest part of the pie. They suffered a year-on-year contraction for two years running. From 2017, they plummeted 37.2%. Meanwhile, those from South Korea swelled 1.6% to 744,654TEU, while exports from Japan rose 8.8% to 715,050TEU. Containers from Taiwan increased 4% to 610,981TEU, and cargo from India jumped 14.6% to 561,971TEU.

- Advertisment -your ad here

Latest Posts

CMA CGM applies another PSS from Mauritania

CMA CGM has announced another peak season surcharge application from Mauritania, from 1 March 2020, date of loading (except USA/Canada/Brazil trades: 23 March 2020)...

Hapag-Lloyd applies surcharges from Mundra

Effective as of 3 March 2020 (Gate In date), Hapag-Lloyd will apply a Peak Season Surcharge (PSS) for all cargoes from Mundra to Arabian...

APL announces Asia – Indian Sub void sailings

APL announces the following void sailing on its Asia-Indian Subcontinent services to ensure balance between supply and demand in March: Service Vessel Voyage First Port ETA Port Rotation AS1 Asia Subcontinent...

Minimal sale and purchase activity a reflection of depressed market

Macroeconomic indicators remain depressed with the International Monetary Fund revising its China GDP growth downwards by 0.4% to 5.6% for 2020 as a result...

The Daily MABUX Bunker Index – 25 February

While Coronavirus is continuing to challenge shipping worldwide, it is having an effect on global and regional indices for fuel prices that are significantly...