Containerized exports from sub-Saharan Africa to North America and Europe experienced slight increases, each roughly 1 percent, in May. Exports to other regional trades fell by more than 10 percent year-over-year, with the largest drop being in container shipments to Australasia and Oceania, according to data from Container Trades Statistics.
Sub-Saharan Africa to Far East Asia
Sub-Saharan Africa exported 91,400 20-foot-equivalent units to Far East Asia in May 2013, a decline of 14 percent yeara-over-year. Compared to April, May’s volume was up 5 percent. During the first five months of 2013, exports in this trade lane declined 19.5 percent year-over-year to 429,000 TEUs. Rates in this market as indexed by CTS fell from 80 in April to 79 in May.
Sub-Saharan Africa to Australasia/Oceania
Containerized trade from sub-Saharan Africa to Australasia/Oceania tumbled 20 percent year-over-year to 1,200 TEUs, and also fell 20 percent from April, when it stood at 1,500 TEUs. Exports from sub-Saharan Africa for the first five months of 2013 declined 8.2 percent year-over-year to 6,700 TEUs. The CTS index dropped 4 points to 103 in May.
Sub-Saharan Africa to Europe
Exports from sub-Saharan Africa to Europe inched up 0.8 percent year-over-year and rose 7.3 percent month-to-month to reach 65,800 TEUs in May. During the first five months of 2013, exports from sub-Saharan Africa to Europe, 332,600 TEUs, edged up 0.1 percent from the same period in 2012. The CTS rate index rose 2 points to 99 in May, its highest level in 23 months.
Sub-Saharan Africa to the Indian Subcontinent and the Middle East
Containerized trade from sub-Saharan Africa to the Indian subcontinent and the Middle East fell 14.7 percent year-over-year and 1 percent month-to-month in May 2013 to 44,100 TEUs. This marked six months of year-over-year declines in this lane. So far in 2013, exports are down 9 percent year-over-year, to 191,600 TEUs. The CTS index of rates in this trade rose from 88 in April to 90 in May.
Sub-Saharan Africa to North America
The containerized export trade on in this lane increased 1 percent year-over-year in May, to 19,200 TEUs. Month-to-month trade soared 30.6 percent, up from a weak April that saw only 14,700 TEUs exported. From January through May, exports from sub-Saharan Africa to North America fell 2.5 percent year-over-year, to 88,000 TEUs. The CTS price index went up 2 points to 84.
Sub-Saharan Africa to South/Central America
Sub-Saharan Africa exported 3,900 TEUs to South and Central America in May 2013, falling 11.4 percent year-over-year. Volume also fell 7 percent from April 2013, when it totaled 4,200 TEUs. In the first five months of 2013, exports from sub-Saharan Africa in this lane dropped 4.6 percent year-over-year to 18,800 TEUs. Rates in this market as indexed by CTS climbed from 96 in April to 103 in May.