News
Containerized shipments from 18 Asian economies to the U.S. increased 3.6% to 1,347,558 TEUs last month, enjoying a year-on-year improvement for the fifth consecutive month and setting a new record throughput for the month of July, according to a report unveiled by the Japan Maritime Center (JMC). However, the growth from a year earlier became smaller than in and after April, when impacts from the labor conflicts at ports on the west coast of North America had subsided. In the first seven months (January-July), exports from the Asian countries and regions to the U.S. rose 4% to 8,640,039 TEUs.
The JMC report, which had been compiled from statistical data provided by Port Import/Export Reporting Service (PIERS) of the U.S., indicated that containers from Japan fell 6.8% to 56,378 TEUs in July. Those from Taiwan and Hong Kong were also sluggish, going down 8.3% to 51,492 TEUs and down 12.7% to 31,318 TEUs, respectively. In contrast, exports from China hiked 2.5% to 873,570 TEUs, registering a year-on-year increase for three months in a row. Those from South Korea were more brisk, growing 9.8% to 69,908 TEU.
Exports from Southeast Asia inflated from a year earlier across the board in July, the report added. For example, those from Vietnam soared 22.2% to 72,231 TEUs; from Thailand, 15.5% to 35,287 TEUs; and from Malaysia, 15% to 24,052 TEUs. In total, those from the region were massive, surging 14.5% to 189,269 TEUs. As for those from South Asia, India exported 52,913 TEUs to the U.S., rising 15.7%. Overall, containers from the region rose 12.4% to 75,604 TEUs.
