News
Container exports from Japan to the U.S. amounted to 44,237 TEUs in October, down 23.1% from a year earlier, according to American research company Descartes Datamyne. From a month earlier, however, they accomplished a dramatic improvement of 18.8%. Direct shipments accounted for 34,160 TEUs, down 21.5%. Transshipment (T/S) containers totaled 10,077 TEUs, down 28.1%, which included 7,240 TEUs transshipped in South Korea, down 25.9%.
Auto parts, components and other related products, which are major commodities that Japan exports to the U.S., fell 11.9% to 9,675 TEUs in total. Nevertheless, they were on the way to recovery, coming close to a decrease of 10%, as they plunged 40% in May, beginning to get under the influence of the novel coronavirus (COVID-19) pandemic.
Looking at October exports by origin in Japan, those from Tokyo plummeted 19.4% to 17,344 TEUs. Coming in second place, those from Nagoya shrank 11.2% to 10,200 TEUs. Ranked third were those from Kobe, which waned 11.7% to 6,652 TEUs. They were followed by exports from Shimizu, which sank 50.1% to 491 TEUs. At the bottom of the top five were those from Yokohama, which nosedived 84.2% to 356 TEUs. Finishing in sixth place, containers from Osaka declined 54.8% to 229 TEUs. As these figures showed, exports from Japan were sluggish across the board.
