News
U.S. container exports from 10 major countries and regions in Asia amounted to 1.46 million TEUs in March (based on volumes at ports of origin), up 19.9% year on year, according to statistics compiled by Descartes Datamyne from data provided by the U.S. Customs and Border Protection (CBP). Imports from China and others plunged last year. As such, U.S. container imports rebounded to register the double-digit growth.
Imports increases from almost all of the 10 economies, with those from China surging 17.7% to 759,151 TEUs, which held the largest share of the pie. Ranked in second place were those from South Korea, which hiked a more notable 35% to 218,158 TEUs. Finishing in third, those from Vietnam soared 24.9% to 130,767 TEUs. Containers from Singapore came in fourth place, which picked up 9.6% to 76,399 TEUs. At the bottom of the top five were those from India, which ballooned 25.4% to 70,071 TEUs. Japan was the eighth largest source, from which 37,303 TEUs were imported, up 9.3%.
Overall imports to the U.S. totaled 2.14 million TEUs, up 15.8%.
In the first three months (January-March), the U.S. imported 4.61 million TEUs from the 10 Asian states, up 20.5%.
By origin, 2.59 million TEUs were from China, up 21.4%; 583,420 TEUs from South Korea, up 26.5%; 443,175 TEUs from Vietnam, 217,950 TEUs from Singapore, up 13.5%; and 186,613 TEUs from India, up 11.7%. Japan finished in eighth place in January-March as well, from which 108,110 TEUs were imported, up 20.1%.
U.S. container imports aggregated 6.52 million TEUs in the three months in question, up 15.5%.
