8.9 C
Monday, April 6, 2020
Home News US-Asia containerised exports decline slightly

US-Asia containerised exports decline slightly

Containerised exports from the US to 10 major countries and territories in Asia (based on volumes at ports of destination) remained nearly unchanged in 2019, declining by 0.7% from the previous year to 5,958,060TEU, according to US research company Descartes Datamyne.

By origin, exports to China suffered a double-digit contraction of 15.8% to total 1,748,420TEU. Containerised exports to Japan and South Korea improved 1.6% to 744,654TEU and 8.8% to 715,050TEU, respectively, but cargo to Taiwan and Hong Kong lost ground, by 4% to 610,981TEU and by 20.6% to 162,637TEU, respectively.

Containers to India and Vietnam both increased notably, with the former surging 14.3% to 561,971TEU and the latter, 16% to 499,143TEU. Volumes to Malaysia increased 43.7% to 290,576TEU. Cargo to Thailand was also up 16.8% to 245,144TEU.

- Advertisment -your ad here

Latest Posts

MABUX bunker index – 3 April

The members of Organization of the Petroleum Exporting Countries (OPEC) have not achieved to agree on an emergency low-level meeting to discuss a market...

Konecranes receives reach stackers record-order

Konecranes won its largest-ever reach stacker contract, for 39 units,from German distributor Richter Fördertechnik GmbH & Co. KG, in March 2020. Deliveries for the Konecranes...

MSC suggests short sea shipping solution

MSC says its short sea services in Europe can help meet any present and future domestic and foreign trade demands, especially as Covid-19 crisis...

Major shipping carriers update schedules due to pandemic crisis

The largest container shipping companies continue to update their schedules, as they are forced to make service adjustments and omit many sailings. As the coronavirus...

Wuhan’s container ports return to normal operations

Container ports in the Chinese city of Wuhan have fully resumed operations, as movement restrictions are gradually lifted in the original Covid-19 epicentre. Wuhan International...