News
Container exports to the U.S. from 10 major countries and regions in Asia fell 9.4% year on year to 1,119,485 TEUs in February, U.S. research company Descartes Datamyne unveiled recently. The negative growth was made by sluggishness in container movement during the Lunar New Year holidays and under the influence of the ongoing COVIC-19 outbreak.
By country/region of origin, containers from China plunged 20.8% to 578,123 TEUs, suffering a year-on-year decrease for 13 months in a row, according to Automated Commercial Environment (ACE) and bill-of-lading (B/L) data provided by the U.S. Customs and Border Protection (CBP). Ranked second were those from South Korea, which improved 4.5% to 137,743 TEUs. Finishing in third place, exports from Vietnam surged 33.4% to 95,316 TEUs, but those from Taiwan declined 9.4% to 68,789 TEUs, coming in fourth. Containers from Singapore, taking fifth place, were also brisk, soaring 24.5% to 63,445 TEUs. Containers from India were also massive, jumping 30.5% to 43,088 TEUs to come in sixth place. The seventh source was Hong Kong, from which shipments diminished 20.6% to 43,067 TEUs. Exports from Japan, the eighth leading source, contracted 8.5% to 39,664 TEUs.
