News
Asia’s container exports to Europe grew 9.6% year on year to 1.93 million TEUs in July, according to statistics compiled by the Japan Maritime Center (JMC) from data provided by the U.K.’s Container Trades Statistics (CTS). Increasing for nine consecutive months, they were a new monthly record.
In the first seven months (January–July), they totaled 12.71 million TEUs, up 12.2%, a new record for the months in question.
In July, China and Hong Kong exported 1.52 million TEUs in total, up 10.2%, and Southeast Asia, 263,812 TEUs, up 18.4%. In contrast, exports from other parts of Northeast Asia shrank 8.3% to 143,225 TEUs.
By destination, containers to North Europe were up 10% to 1.21 million TEUs; to the Western Mediterranean, up 5.5% to 349,946 TEUs; and to the Eastern Mediterranean, up 12.1% to 369,302 TEUs.
Exports from China continued to expand due to briskness in auto- and clothing-related commodities.
Meanwhile, imports to Asia from Europe numbered 509,298 TEUs in July, down 2.4% year on year, incurring their first contraction in four months. In the first seven months (January–July), they came to 3.53 million TEUs, up 0.8%.
By origin, imports from North Europe accounted for 333,274 TEUs, down 4.1%; from the Western Mediterranean, 87,982 TEUs, up 6.5%; and from the Eastern Mediterranean, 88,042 TEUs, down 3.9%. By destination, containers to China were down 5.7% to 237,718 TEUs; to Southeast Asia, up 5.3% to 161,644 TEUs; and to other parts of Northeast Asia, down 5.4% to 109,927 TEUs.
