Containerized exports from Europe increased in May year-over-year, according to data from Container Trades Statistics. All regions saw increases for a second month with the exception of European exports to North America, which were mostly flat. The biggest increase was seen in shipments from Europe to sub-Saharan Africa, with volume up more than 11 percent.
Europe to Far East Asia
Europe exported 562,800 20-foot-equivalent units to Far East Asia in May 2013, up 6.5 percent from May 2012, but down 2.7 percent from April. In the first five months of 2013, European exports to Far East Asia grew 3.6 percent over the prior year to 2,776,500 TEUs. The index rate in this market in May as tracked by CTS remained flat at 95.
Europe to Australasia/Oceania
Exports from Europe to Australasia/Oceania in May grew 8.6 percent year-over-year, but slipped 1.7 percent month-to-month to 41,700 TEUs. In the first five months of 2013, exports from Europe to Australasia/Oceania increased 4.6 percent year-over-year, to 203,900 TEUs. The CTS index of rates in this trade lane in May slipped 2 points to 88.
Europe to the Indian Subcontinent and the Middle East
The containerized export trade from Europe to the Indian subcontinent and the Middle East totaled 271,200 TEUs, the highest volume since July 2012, up 4.2 percent from May 2012 and 0.3 percent higher than April 2013. Exports from Europe in the January-May 2013 period slipped 1.1 percent year-over-year to 1,254,100 TEUs. The CTS index for the lane fell 3 points in May to 94.
Europe to North America
Containerized export volume from Europe to North America was mostly unchanged year-over-year in May, down just 0.03 percent to 296,900 TEUs. However, volume was down 2 percent compared to April’s volume of 302,600 TEUs. Exports from Europe during the first five months of 2013 totaled 1,469,100 TEUs, 0.7 percent above the level seen in 2012 period. The CTS price index slid 2 points in May to 89.
Europe to South/Central America
Europe exported 137,800 TEUs to South and Central America in May 2013, a 5 percent increase year-over-year and up 3 percent from April 2013. In the first five months of 2013, exports from Europe to South and Central America grew 3.8 percent year-over-year to 648,900 TEUs. The index rate in this market as tracked by CTS declined from 109 to 106 in May.
Europe to Sub-Saharan Africa
Containerized exports in May rose 11.2 percent year-over-year to 163,400 TEUs, the highest volume since October and the highest regional jump in European exports in May. Export volume in the lane was up 1.8 percent from April. In the first five months of 2013, exports from Europe to sub-Saharan Africa grew roughly 10 percent year-over-year, to 749,500 TEUs. The index rate in this market edged down 1 point in May to 72.