News
U.S. container imports from 10 major Asian economies amounted to 1.67 million TEUs in May based on volumes at ports of origin, marking a double-digit growth of 13.5% year on year, according to statistics compiled by Descartes Datamyne from data provided by the U.S. Customs and Border Protection (CBP). From the previous month, they swelled 9.2%.
Focusing on containers from the Asian countries and regions, most of which were greater than a year earlier, those from China jumped 12.3% to 965,468 TEUs, enjoying the largest share of the pie. Ranked second were those from South Korea, which surged 28.1% to 198,359 TEUs. Finishing in third place, imports from Vietnam soared 15.5% to 160,973 TEUs. Those from Singapore came in fourth, jumping 23.5% to 78,390 TEUs. Imports from Taiwan, on the other hand, fell 2.5% to 69,168 TEUs, coming at the end of the top five. Containers from Japan took No. 8 spot, ballooning 28.9% to 36,471 TEUs.
In the first five months, container imports from the 10 Asian economies to the U.S. totaled 7.8 million TEUs, up 16.6% from a year earlier. From the corresponding months of 2019, they increased in double digits except for those from Japan, Taiwan and Hong Kong.
In May, total U.S. container imports aggregated 2.34 million TEUs, up 6.8%.
