U.S. containerized exports fell in January following a positive December, according to advance figures from PIERS, a JOC sister company. Total U.S. containerized exports fell 2.4 percent in January 2013 compared to January 2012, to a total of 956,000 20-foot-equivalent units. Exports slipped 8.4 percent in January versus December. In all of 2012, overall U.S. containerized exports increased 0.9 percent from 2011.
The top commodities that saw year-over-year declines in January were logs and lumber, down 14 percent; medical equipment, down 11 percent; and poultry and synthetic resins, which were both down 10 percent. The largest increases were in urea resins, jumping 52 percent versus January 2012; soybeans, up 34 percent; fabrics, up 22 percent; and edible nuts, up 11 percent. Mixed metal scrap exports were flat in the month.
Among destination countries, Germany declined by 21 percent to 16,585 TEUs. Shipments to the Philippines totaled 10,259 TEUs in the month, down 13 percent. Exports to the Netherlands dipped 12 percent to 15,174. On the upside, shipments to Turkey jumped by 53 percent year-over-year to 19,624 TEUs. Volume to Indonesia advanced by 11 percent to 18,055 TEUs, while the United Arab Emirates followed with a gain of 10 percent to 20,452.