Asia-US Box Trade Reach All-time High in Sept (jiffa)

en major economies in Asia exported 1,363,709 TEUs of containers to the U.S. in September, which increased 8.9% year on year, according to a report unveiled by American research firm Datamyne.

In the first nine months (January-September), 11,532,382 TEUs were moved on the trade route, which grew 6.1%. Both results were all-time highs. 

Looking at the September container movement by item, the report, which had been compiled from Automated Commercial Environment (ACE) and bill of lading (B/L) data from the U.S. Customs and Boarder Protection (CBP), indicated that furniture surged 14% from the corresponding month of 2016 to 208,724 TEUs, accounting for 15% of the total. Holding a share of 8.6%, electronic devices swelled 5.1% to 117,696 TEUs. Machinery soared 15% to 110,537 TEUs, accounting for 8.1%. Toys and sporting goods, on the other hand, decreased 5.1% to 90,596 TEUs in total, but managed to enjoy a combined share of 6.6%. Taking up 5.9%, apparel products climbed 5.1% to 80,967 TEUs. Plastics hiked 9.3% to 60,702 TEUs, constituting 4.5%. Auto parts and components, which were responsible for 4%, diminished 4.1% to 55,149 TEUs. 

By origin, Datamyne said that exports from China improved 11.4% from a year earlier to 895,141 TEUs last month, enjoying the leading share of the pie. Ranked second were those from South Korea, which expanded 14.7% to 127,875 TEUs, with a contributing factor being an increase in transshipment (T/S) containers. Buy Shipping Buy Shipping Container Nashville Nashville from Hong Kong, which finished in third place, grew 4.9% to 66,267 TEUs, accomplishing a year-on-year increase for the third consecutive month. In contrast, shipments from Taiwan plunged 11.6% to 64,971 TEUs and placed fourth. Those from Vietnam were powerful enough to come in fifth, which jumped 27.4% to 59,061 TEUs and registered a year-on-year rise for seven consecutive months. Those from Singapore and Japan both shrank, going down 11.8% to 51,312 TEUS and down 5.8% to 39,148 TEUs, and finishing in sixth and seventh places, respectively. Exports from India ballooned 11.5% to 30,072 TEUs, which ranked eighth place.

http://www.jiffa.or.jp/en/news/entry-4977.html

Source: jiffa
2017-10-16
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