News
Container exports to the U.S. from 10 major Asian countries and regions amounted to 1,404,889 TEUs in April (based on volumes at ports where ships were loaded with shipments), according to Descartes Datamyne, which referred to Automated Commercial Environment (ACE) and bill-of-lading (B/L) data provided by the U.S. Customs and Border Protection (CBP). Plunging 19.4% from a year earlier, they have suffered a year-on-year contraction for nine months in a row.
China was responsible for 814,554 TEUs, down 19.8%; South Korea, 172,425 TEUs, down 5.8%; Vietnam, 110,503 TEUs, down 31%; Taiwan, 74,829 TEUs, down 24.1%; Singapore, 61,288 TEUs, down 11.9%; and India, 57,006 TEUs, down 26.2%. Japan was the only one of the 10 economies to mark an improvement, exporting 31,772 TEUs, up 7.5%.
In January-April, outbound shipments from Asia to the U.S. incurred a double-digit decrease of 24.3% to total 5,231,138 TEUs.
Meanwhile, overall imports to the U.S. shrank 17.2% to 2,017,602 TEUs in April.
