News
Japan’s container exports to the U.S. amounted to 55,534 TEUs in April (based on volumes at port of origin), down 12% for their first year-on-year contraction in two months, Descartes Datamyne unveiled yesterday. In the first four months (January-April), they totaled 211,352 TEUs, down 5.1%.
In April, direct shipments from Japan to the U.S. plunged 20.1% to 35,335 TEUs, but those transshipped on the way increased 6.9% to 20,199 TEUs.
As for Asia’s exports to the U.S., China shrank its share by five percentage points in January-April, while Vietnam increased its presence accordingly. Descartes Datamyne has analyzed that it resulted from the tariffs the U.S. and China imposed on each other.
Descartes Datamyne also announced container imports from the U.S. to Japan in March, which jumped 32.1% to 71,291 TEUs (based on volumed at ports of destination). It was the first time in three years and 10 months, or since May 2021 that they had exceeded the 70,000-TEU line.
Imports to major Asian economies, including Japan, grew 30% to 80%. Descartes Datamyne sees that it was also due to the U.S.’ and China’s tariff policies.
