News
Asia’s container exports to Europe added up to 1.64 million TEUs in April, up 8.4%, recording two back-to-back months of year-on-year growth, according to data tallied by the Japan Maritime Center (JMC) from statistics compiled by Container Trades Statistics (CTS).
Exports increases from all regions, with those from China and Hong Kong growing 9.1% to a total of 1.29 million TEUs; from Southeast Asia, 4.5% to 200,142 TEUs; and from other parts of Northeast Asia, 7.6% to 156,074 TEUs. They improved to all regions as well, swelling 6.6% to one million TEUs to North Europe, 12.5% to 328,918 TEUs to the Eastern Mediterranean; and 9.8% to 312,772 TEUs to the Western Mediterranean.
Meanwhile, imports from Europe to Asia shrank 9.2% to 489,724 TEUs in March, incurring a year-on-year contraction for the eighth consecutive month. They declined from all regions, with those from North Europe sliding 10.6% to 333,236 TEUs; from the Western Mediterranean, 6.5% to 82,343 TEUs; and from the Eastern Mediterranean, 5.7% to 74,145 TEUs. They increased to all regions, falling 7.3% to 240,067 TEUs to China, 13.1% to 138,900 TEUs to Southeast Asia and 8.2% to 110,757 TEUs to other parts of Northeast Asia.