European exports to Asia, North America, India and the Middle East and Australasia/Oceania dropped in August, according to Container Trade Statistics, a British information service.
European imports increased from Asia, North and South America and Australasia/Oceania but not from India and the Middle East, CTS said in its commentary.
European exports to Asia from Europe maintained a declining trend that started back in April. Exports declined 5.6 percent from July and 5.9 percent from July of 2009.
By The Numbers: Europe-Asia Eastbound Container Trade.
Exports from Europe’s Mediterranean ports were not as weak as those from North Europe with the West Mediterranean just turning positive in July.
European imports from Asia were up 2.16 percent overall from July to August and 16.36 percent higher than August of last year.
European exports to Australia and Oceania dropped 10.4 percent from July while imports from that region were up by 1.5 percent and up 24.67 percent year-on-year.
Exports from Europe to India and the Middle East in August were 1 percent lower than in July despite being 5 percent higher year-on-year.
Imports on the backhaul trade showed a greater decline of 4.6 percent from July to August even though they were 9.8 percent higher than in the previous year.
European imports from North America in August were up 6.8 percent from July and up 8.9 percent from August last year.
European exports to North America, however, were weaker, falling 8 percent from July. Year-on-year growth remained positive at 10.6 percent.
European exports to South America increased 2 percent over July. Imports from South American to Europe increased 5 percent from July.
-- Contact Peter T. Leach at firstname.lastname@example.org.