Containerized exports from Far East Asia to all reported regions with the exception of South and Central America experienced growth in June 2013, according to data from Container Trades Statistics Ltd. Exports to the Indian subcontinent and the Middle East as well as Sub-Saharan Africa experienced double-digit growth. Latin America saw the only dip in Far East Asian export volume, although it was a small decline. “Global trades have continued to display promising signs in June, indicating that ocean carriers are starting to capitalize on a rise in demand for containerized cargo,” CTS said in a recent release.
Far East Asia to Australia/Oceania
Far East Asia exported 168,900 20-foot-equivalent-unit containers to Australasia and Oceania in June, an increase of 8.5 percent year-over-year. June TEU volume in the trade was down 7.8 percent month-to-month. Far East Asia exported 976,500 TEUs to the region in the January-June 2013 period, an increase of 11.4 percent year-over-year. The Far East Asia-Australasia/Oceania price index slipped 3 points to 88 in June.
Far East Asia to Europe
June's exports from Far East Asia to Europe jumped 9.7 percent year-over-year, the highest increase since the JOC began collecting this data in January 2011, to 1,244,200 TEUs. Containerized exports in June were up 3.8 percent from May. In the first half of 2013, exports from Far East Asia to Europe increased 1.1 percent year-over-year, totaling 6,905,200 TEUs. The CTS index of rates in this trade fell 1 point to 66 in June.
Far East Asia to India Subcontinent/Middle East
June's containerized trade from Far East Asia to the Indian subcontinent and the Middle East climbed 11.5 percent year-over-year but tumbled 16.5 percent from May. The volume reached 629,800 TEUs. Exports from Far East Asia to the region in the first six months of 2013 totaled 3,795,800 TEUs, up 5.1 percent over the same period in 2012. The CTS price index stayed flat for a third month at 82 in June.
Far East Asia to North America
The containerized export trade from Far East Asia to North America rose 7.5 percent year-over-year to 1,365,700 TEUs in June 2013. Volume has increased year-over-year for the past four months, but this is the first month-to-month decrease in as much time. June's export volume slipped 4.3 percent lower than the volume in May. Exports from Far East Asia in this lane through June 2013 grew 6.8 percent year-over-year to 7,895,100 TEUs. The CTS index remained flat at 97 in June.
Far East Asia to South/Central America
Far East Asia exported 319,500 TEUs to South and Central America in June 2013, a 1 percent year-over-year drop in volume, and down 5.8 percent from May. For the first six months of 2013, exports from Far East Asia in this lane slipped 2.1 percent year-over-year to 1,807,000 TEUs. Rates in this market as indexed by CTS dropped 1 point to 72 in June. The rate has been steadily falling since it stood at 102 in July 2012.
Far East Asia to Sub-Saharan Africa
Containerized exports soared 14.7 percent year-over-year in June 2013, the highest regional increase for the month, reaching 322,700 TEUs, compared with June 2012’s export volume of 281,300 TEUs. June volume was down 2.9 percent from May. Containerized exports through June totaled 1,763,900 TEUs, up 19.2 percent from the same period in 2012. Rates in this market as indexed by CTS fell 1 point to 74.