News
U.S. container imports from 10 major Asian economies amounted to 1.8 million TEUs in August (based on volumes at ports of origin), which increased 5% year on year and have remained on the rise for 12 straight months, according to statistics compiled by Descartes Datamyne from data provided by the U.S. Customs and Border Protection (CBP). From the previous month, they ballooned 16%. In the first eight months, they totaled 13.18 million TEUs, up 17.3%.
Imports from China accounted for 1.06 million TEUs in August, up 15.4%, holding the largest share of the pie. Ranked second were those from South Korea, which surged 37.4% to 212,521 TEUs. Coming in third place, containers from Vietnam soared 27.2% to 187,722 TEUs. Finishing in fourth were those from Taiwan, which shrank 2.4% to 74,953 TEUs. At the bottom of the top five were imports from Singapore, which fell 0.7% to 69,511 TEUs. Japan was the eighth-largest source, from which 35,482 TEUs were imported, up 8.3%.
In August, overall U.S. imports amounted to 2.48 million TEUs, up 13.3%.
Meanwhile, container imports from the U.S. to the 10 Asian countries and regions came to 438,533 TEUs in July (based on volumes at ports of destination), up 20.6%. From the previous month, they grew 3.9%.
By destination, imports to China swelled 2.9% to 113,561 TEUs; to Japan, 36.2% to 56,755 TEUs; to South Korea, 36% to 56,950 TEUs; to Taiwan, 40.9% to 44,636 TEUs; and to Malaysia, 6.2% to 45,398 TEUs.