10.09.17Intra-Asia Container Traffic Loses Steam in July

Container volumes between 12 Asian countries and territories (Japan, Hong Kong, Taiwan, Philippines, Cambodia, Vietnam, Thailand, Malaysia, Singapore, Indonesia, China and South Korea) totaled 1.043 million TEUs in July, representing a 4.1, the lowest percentage gain this year, compared with 1.002 million TEUs for the same month in 2009.

Exports from Japan to the Asian nations and territories rose slightly by 1.9% from a year earlier to 185,000 TEUs while Japan's containerized imports marked a 5.6% gain to 201,000 TEUs.

For the first seven months of the year, intra-Asia box traffic achieved a 14.0% increase from the same period last year to 7.377 million TEUs. Japan's exports for the period surged 14.6% year on year to 1.357 million TEUs and its imports increased 9.7% from a year earlier to 1.419 million TEUs.