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Container exports to the U.S. from 10 major Asian economies amounted to some 1.3 million TEUs in November (based on volumes at ports of origin), which plunged 21.1% from the corresponding month of 2021 and have marked a year-on-year contraction for four months in a row, according to Descartes Datamyne. Including containers from other countries and regions, total imports to the U.S. diminished 19% to 2.4 million TEUs, having remained on the decline for three months running. In January-November, they totaled 18.3 million TEUs, down 2.4%.
Looking at exports to the U.S. by port of origin, those from China plummeted 30% to 753,857 TEUs, which managed to hold the largest share but have suffered a double-digit decrease for three straight months, Descartes Datamyne says, referring to Automated Commercial Environment (ACE) and bill-of-lading (B/L) data provided by the U.S. Customs and Border Protection (CBP). Coming in second place, exports from South Korea stayed nearly unchanged at 160,298 TEUs, which declined 0.7%. Those from Taiwan and Singapore fell 9.7% to 72,328 TEUs and 5.6% to 60,953 TEUs, finishing in fourth and fifth places, respectively. In contrast, containers from Vietnam enjoyed a double-digit improvement, swelling 25.6% to 112,543 TEUs, helping the nation ranked third. Those from Japan sank 37.1% to 29,187 TEUs.
