News
U.S. container imports amounted to 2.31 million TEUs in October (based on volumes at ports of origin), up 4.5% from September and 4.7% from October 2022, according to statistics compiled by Descartes Datamyne from Automated Commercial Environment (ACE) and bill-of-lading (B/L) data provided by the U.S. Customs and Border Protection (CBP).
Imports from China, the leading source of U.S.-bound containers, surged 14.6% to 963,118 TEUs. Those from South Korea were up 7.1% to 174,896 TEUs; from Vietnam, up 9.9% to 161,276 TEUs; and from Japan, up 23.6% to 36,373 TEUs.
Container exports from 10 major Asian economies, meanwhile, aggregated 1.65 million TEUs in October (based on volumes at ports of origin), up 2.66% from a month earlier and 11.1% from a year earlier.
In January-September, in contrast, exports from Asia to the U.S. plunged 14.7% year on year to 14.51 million TEUs but managed to exceed by 5% their January-September volume in the pre-pandemic year of 2019.
Imports from the U.S. to the 10 leading Asian countries and regions totaled 436,010 TEUs in September (based on volumes at ports of destination), up 5% from August and 1.1% from September 2022. Containers to China went down 8.8% to 128,301 TEUs; to Japan, up 1% to 52,196 TEUs; and to South Korea, down 7.8% to 44,509 TEUs.
In the first nine months, they remained nearly unchanged from a year earlier, shrinking a minute 0.9% to 4.04 million TEUs. Imports to China were up 0.1% to 1.13 million TEUs; to Japan, down 4.4% to 492,396 TEUs; and to South Korea, down 10.6% to 431,236 TEUs.
