News
Container exports from Japan to the U.S. totaled 56,174 TEUs in July (based on volumes at ports of origin), up14.3% from a year earlier, registering a double-digit increase for four consecutive months, according to Descartes Datamyne.
Direct shipments amounted to 39,094 TEUs, up 32.8%, which have continued to increase year on year for 12 months running since August 2023. The remaining 17,080 TEUs were transshipped on the way, down 13.3%, accounting for 30.4% of the total, down by 9.9 percentage points. The share of transshipment containers has been shrinking for 12 months in a row since August last year.
Containers transshipped in South Korea came to 11,242 TEUs, down 20.4%, which have been on the decline since March 2023. In contrast, those transshipped in China and Taiwan soared 11.6% to 2,661 TEUs and 13.3% to 1,990 TEUs. Containers via transshipment in Singapore fell 9.1% to 825 TEUs.
By port of origin in Japan, 16,005 TEUs were shipped from Tokyo, up 41.9%; 11,364 TEUs from Nagoya, up 45.9%; 7,949 TEUs from Kobe, up 36.1%; 2,818 TEUs from Yokohama, down 19.9%; and 298 TEUs from Shimizu, down 42.6%.
By commodity, nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS Code of Chapter 84) amounted to 13,096 TEUs, up 12%, holding the leading share of the pie. Ranked second were vehicles other than railway or tramway rolling stock and parts and accessories thereof (HS Code of Chapter 87), which ballooned 24.7% to 11,875 TEUs. Finishing in third place, rubbers and articles thereof (HS Code of Chapter 40) increased 3.4% to 6,262 TEUs. Plastics and articles thereof (HS Code of Chapter 39) soared 17% to 5,860 TEUs. At the bottom of the top five were electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS Code of Chapter 85), which decreased 6.5% to 2,880 TEUs.
