News
The volume of containerized shipments traded between Japan and China decreased 4.2% to 831,548 tons in June, registering a year-on-year shrinkage for 16 months in a row, according to statistics released by the Japan Maritime Center (JMC). A decline in exports from Japan of wood pulp, including wastepaper pulp, contributed to the contraction on the overall trade, although those improved of daily necessities and other plastic products, machinery and iron and steel for houses. In terms of value, they managed to remain nearly unchanged from a year earlier, falling a minute 0.9% to ¥695 billion.
In the first half (January-June), a total of 4,431,000 tons were moved on the route, down 8.8%. They were valued at ¥370.77 trillion, down 5.8%.
In June, the JMC statistics, compiled with trade data provided by the Ministry of Finance (MOF), indicated that inbound containers from China fell 4.5% to 1,704,164 tons, incurring a year-on-year decline for two months running. On a value scale, however, they rose 0.3% to ¥1.039 trillion, enjoying growth from a year earlier for the third consecutive month.
In January-June, Japan-China containers sank 8.7% to 9,883,000 tons in total, which were valued at ¥5.987 trillion, down 7.6%.
