U.S. Imports From Southeast Asia Jump

U.S. Imports From Southeast Asia Jump

U.S. trans-Pacific containerized imports. Source: PIERS.U.S. trans-Pacific containerized imports

U.S. trans-Pacific containerized imports from Southeast Asia jumped by 6.7 percent in January 2013 to 150,879 20-foot equivalent containers from 141,426 in January 2012, according to preliminary data from PIERS, a JOC sister company.

Overall U.S. trans-Pacific imports, including those from Northeast Asia, Southeast Asia, and the Indian subcontinent, increased year-over-year to 1,123,916 TEUs in January. For the full year 2012, the U.S. imported 12,682,831 TEUs via this trade route, a 1.3 percent increase from 2011’s total.

Imports from Northeast Asia grew 0.7 percent in January over the same period in 2012 to reach 914,561 TEUs. The U.S. imported 10,367,499 TEUs in total during 2012 from Northeast Asia, up 0.6 percent from 10,308,680 in 2011. Imports from China, the U.S.’s largest trading partner in this region, reached 725,380 TEUs in January, up 0.6 percent year-over-year.

Total U.S. containerized imports from Southeast Asia in 2012 reached 1,647,706 TEUs, up 5.2 percent from 1,565,916 in 2011.

U.S. imports from the Indian subcontinent inched up 0.4 percent year-over-year to 58,475 TEUs in January. Total containerized imports from the Indian subcontinent into the U.S. in 2012 amounted to 667,625 TEUs, up 4.1 percent from 641,584 in 2011.

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