News
Container exports from Japan to the U.S. amounted to 31,765 TEUs in February, plunging 36% year on year and 36.5% from the previous month, according to U.S. research company Descartes Datamyne. They fell far below the 34,008 TEUs in May 2009, a poor performance made in the aftermath of the bankruptcy of Lehman Brothers Holdings, Inc.
In breakdown 21,696 TEUs were traded directly from Japan to the U.S., down 44.9%, while the balance of 10,069 TEUs were transshipped in third economies, down 1.6%. More specifically, 7,149 TEUs were transshipped in South Korea, up 8%; 1,399 TEUs in China, down 17.5%; and 378 TEUs in Taiwan, down 36.3%.
Looking at direct exports from Japan by port of origin, Tokyo was responsible for 11,402 TEUs, which plummeted 37.4% but managed to help the port hold the largest share of the pie. Ranked second were containers from Nagoya, which sank 50.8% to 5,322 TEUs. Finishing in third place, those from Kobe shrank 45.3% to 3,636 TEUs. The fourth-greatest source was Yokohama, from which 408 TEUs were shipped, down 79.2%. At the bottom of the top five were those from Shimizu, which declined 56.5% to 397 TEUs.
