Containerized export volumes from South and Central America rebounded from a disappointing March to an encouraging April that saw increases in almost all trade lanes, with the exception of a drop to sub-Saharan Africa, according to data from Container Trades Statistics, Ltd.
South and Central America to Far East Asia
South and Central America exported 108,500 20-foot-equivalent units to Far East Asia in April 2013, up 7 percent from the volume in April 2012. This followed two straight months of declines and is only the second year-over-year increase in this lane in 13 months. Exports also inched up 0.7 percent month-to-month, from 107,700 TEUs in March. Through April 2013, South and Central American exports to Far East Asia are up 0.7 percent year-over-year to 425,200 TEUs. Rates in this market as indexed by CTS fell 2 points to 80 in April.
South and Central America to Australasia/Oceania
Exports from South and Central America to Australasia/Oceania saw the largest percentage increase of all of the regions in April, jumping 19 percent to 2,500 TEUs from 2,100 in April 2012. Exports also increased 13.6 percent from March 2013. In the first four months of 2013, exports from South and Central America to Australasia/Oceania increased 5.6 percent year-over-year, to 9,500 TEUs. The CTS index of rates in this trade lane dropped 4 points to 92 in April.
South and Central America to Europe
South and Central American exports to Europe experienced the smallest percentage increase in April, rising 1.3 percent from the previous year to 144,700 TEUs. The volume of exports also inched down 0.1 percent month-to-month. Through April of this year, exports from South and Central America to Europe fell by 3.8 percent year-over-year to 532,300 TEUs. Rates in this market as tracked by CTS gained 1 point to reach 103 in April, the second straight month above the 100 mark.
South and Central America to the Indian Subcontinent and the Middle East
Containerized trade from South and Central America to the Indian subcontinent and the Middle East climbed to 27,200 TEUs in April 2013, up 17.2 percent compared to April 2012, but down 7.2 percent from the 29,300 TEUs exported in March 2013. Exports from South and Central America in this lane during the first four months of 2013 increased 6.3 percent year-over-year to 94,300 TEUs. The CTS index remained flat at 101 in April.
South and Central America to North America
Containerized trade in this lane increased 2.8 percent year-over-year and 5.5 percent month-to-month to 141,900 TEUs in April 2013, its highest volume in 9 months. This was also the first year-over-year increase since July 2012. Thus far in 2013, exports from South and Central America are 7.7 percent below the level seen in the same period of 2012, at 496,600 TEUs. The CTS price index inched up one point to 84 in April.
South and Central America to Sub-Saharan Africa
Containerized trade to sub-Saharan Africa fell 11.2 percent in April, to 19,800 TEUs. Volume was also down 9.6 percent month-to-month from March, which had been the first month to show a year-over-year increase since May 2012. In the first four months of 2013, exports from South and Central America to sub-Saharan Africa dropped 10.2 percent year-over-year, to 75,100 TEUs. The index of rates in this market fell 2 points to 85 in April.