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Container exports from Japan to China shrank 1% to 823,377 tons in June, the Japan Maritime Center (JMC) has unveiled. Due to decreases in wastepaper and other commodities, they incurred a year-on-year decline for two back-to-back months and registered the lowest volume for the month in question since statistics were first compiled. In terms of value, however, they surged 22.5% to ¥851.4 billion, swelling year on year for the seventh month in a row. Contributing factors included growth in those of machinery, electronic devices and others.
In contrast, inbound containers from China to Japan improved 7.7% to 1,835,513 tons, enjoying a year-on-year increase for two months running, the JMC said in reference to trade data provided by the Ministry of Finance (MOF). They were valued at ¥1.152 trillion in total, up 10.8%, achieving their first year-on-year rise in three months.
In the first half (January-June), outgoing containers amounted to 4,708,000 tons in volume, up 6.2, and ¥4.581 trillion in value, up 23.5%. Imports, meanwhile, weighed 10,602,000 tons, up 7.3%, and were priced at ¥6.641 trillion, up 10.8%.
