News
The combined volume of containerized shipments moved locally and in feeder services between South Korea and China in the first half (January-June) of 2020 swelled a minute 0.2% year on year to 1,537,603 TEUs, according to statistics compiled by the Yellow Sea Liner Shipping Conference (YSLSC). Escalations in the COVID-19 pandemic had weakened container movement between the two Asian economies, but in June, it went on a recovery track.
Exports from South Korea to China increased 3.17% to 588,654 TEUs. In breakdown, those carried locally on the trade accounted for 546,538 TEUs, up 3.58%, and those transported in feeder services, 42,116 TEUs, down 1.77%.
Meanwhile, imports from China to South Korea amounted to 948,949 TEUs, down 1.57%. Containers conveyed locally fell 1.88% to 866,431 TEUs, but those hauled in feeder services swelled 1.89% to 82,518 TEUs, coming back from January-May, when they incurred a decline of 2.8%.
