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Container exports from 18 Asian countries and regions to the U.S. amounted to 1.81 million TEUs in June, surging 14.8% from a year earlier, according to statistics compiled by the Japan Maritime Center (JMC) from Port Import/Export Reporting Service (PIERS) data. Having increased year on year for nine months in a row, they were the third-highest June record after those in 2021 and 2022.
Exports grew from almost all of the 18 economies, with those from China jumping 14.9% to 1.01 million TEUs; those from South Korea, which have been robust since the beginning of the year, growing a more significant 28.2% to 123,456 TEUs; and those from Japan rising 6.8% to 56,316 TEUs. Their favorable results all came from briskness in automobiles, rubber products and so on as well as rebounds from sluggishness in June 2023. Exports from Taiwan, in contrast, decreased 0.7% to 57,639 TEUs.
Exports from Southeast Asia were mostly bullish, soaring 12.3% to 424,099 TEUs in total. Those from Vietnam improved 14.8% to 223,861 TEUs; from Thailand, 11.4% to 89,767 TEUs; from Indonesia, 12.5% to 35,379 TEUs; and from Malaysia, 13.4% to 34,809 TEUs.
There was a similar trend in exports from South Asia, which ballooned 25.1% to 133,045 TEUs in total, which included 106,787 TEUs from India, which hiked 27.9%.
In the first half (January-June), the 18 Asian countries and regions exported 9.96 million TEUS to the U.S., up 15.8% year on year. China was responsible for 5.39 million TEUs, up 14.1%; South Korea, 691,020 TEUs, up 20.8%; Japan, 341,226 TEUs, up 11.4%; and Taiwan, 324,381 TEUs, down 0.7％%.
From Southeast Asia, 2.46 million TEUs were exported to the U.S., up 21.1%, including 1.26 million TEUs from Vietnam, up 26.4%; 512,935 TEUs from Thailand, up 20.6%; and 238,018 TEUs from Indonesia, up 11%.
Containers from South Asia accounted for 712,804 TEUs, up 15.1%, including 558,702 TEUs from India, up 17.6%.
