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Exports of containerized shipments from Japan to China plunged 13.8% from the previous year to 9.719 million tons in 2019, hitting a record low since statistics were first compiled in 2008, according to the Japan Maritime Center (JMC). Meanwhile, inbound containers from China to Japan managed to remain nearly unchanged, decreasing a minute 0.6% to 21.502 million tons. In terms of value, the former shrank 8.3% to 8.021 trillion yen, and the latter, 3.2% to 13.046 trillion yen.
In December 2019, containers from Japan to China fell 8.4% to 859,869 tons, registering a year-on-year contraction for the 10th consecutive month, according to trade statistics from the Ministry of Finance (MOF) unveiled by the JMC. They were valued at 755.8 billion yen, down 1.5%. Imports from China to Japan waned 3% to 1.732 million tons, incurring a year-on-year decrease for three months in a row. On a value scale, they declined 7.3% to 1.059 trillion yen, posting a year-on-year cutdown for five months running.
