News
Container exports to the U.S. from 10 leading countries and regions in Asia grew 10% year on year to 1.72 million TEUs in July, setting a new monthly record, according to Descartes Datamyne. Due to problems persisting at major ports in China, however, those from the country only increased a minute 0.5% to a total of 980,136 TEUs, decelerating significantly from the first half (January-June), when they ballooned 42%.
Containerized shipments from China's Big Five ports (Shanghai, Ningbo, Yantian, Xiamen and Qingdao) remained on a downward trend, the U.S. research company has unveiled in reference to Automated Commercial Environment (ACE) and bill-of-lading (B/L) data provided by the U.S. Customs and Border Protection (CBP). They decreased 9.6% from a year earlier and 6% from a month earlier to 813,964 TEUs in total. A decline in throughput was notable at Yantian in particular, as the port suffered severer problems, while Ningbo did not perform well, either, for similar reasons. Volumes contracted 38.5% to 171,529 TEUs and 1.6% to 93,938 TEUs, respectively.
Taking the number two spot, in contrast, exports from Vietnam soared 37% to 164,135 TEUs, registering a year-on-year improvement for the 13th month in a row. Looking at the remaining sources of the top five, those from South Korea jumped 13% to 163,774 TEUs; from Taiwan, 20% to 96,172 TEUs; and from Singapore, 10% to 68,387 TEUs. Rises in volume were more significant in containers from India and Thailand, both of which enjoyed growths of more than 50%. Outbound container volumes, more specifically, zoomed 59% to 63,470 TEUs in the former and 65% to 50,327 TEUs in the latter. From Japan, 39,482 TEUs were exported, up 18%, which enjoyed a year-on-year increase for five straight months.
