North American Exports to Latin America Jump

North American Exports to Latin America Jump

Containerized exports from North America to South and Central America jumped 9.4 percent year-over-year in July, according to data from Container Trades Statistics Ltd. This is the largest increase in this lane since June 2012.

North America to Far East Asia

North American exports to Far East Asia fell to 628,300 20-foot-equivalent units in July. July’s volume was down 1.2 percent from July 2012, the smallest year-over-year drop in the past five months. Volume was up 6.2 percent from June. In the first seven months of 2013, export volume fell 4.2 percent year-over-year, to 4,501,000 TEUs. The CTS rate index slipped 3 points to 79 in July.

North America to Australasia/Oceania

Containerized trade from North America to Australasia/Oceania fell to 25,600 TEUs in July 2013, down 1.2 percent year-over-year, the second consecutive month of declines, but increased 4.1 percent from June. Exports from North America to the region through July 2013 totaled 178,300 TEUs, down 0.9 percent year-over-year. The CTS index inched down from 91 in June to 90 in July.

North America to Europe

July 2013 exports from North America to Europe edged up 0.8 percent year-over-year to 217,400 TEUs, and up 0.5 percent from June. In the first seven months of 2013, exports from North America to Europe increased 1.9 percent year-over-year, to 1,593,000 TEUs. The CTS index of rates in this trade lane remained flat at 96 in July.

North America to the Indian Subcontinent and the Middle East

Containerized exports from North America to the Indian subcontinent and the Middle East increased 2.5 percent in July year-over-year to 89,700 TEUs, the fifth straight increase in this lane. However, volume fell 4.4 percent month-to-month. Through July 2013, exports from North America rose 3.8 percent from the level seen during the same period in 2012, reaching 642,400 TEUs. The CTS price index was unchanged at 82 in July.

North America to South/Central America

North American exports to Latin AmericaNorth American exports to Latin America

North American exports to South and Central America reverted to year-over-year increases, after exports fell in June for the first time since February. Volume reached 179,800 TEUs in July, up 4.3 percent from June, to hit its second highest level in 2013 so far. In the first seven months of 2013, exports from North America in this lane inched up 0.1 percent year-over-year to 1,181,600 TEUs. Rates as tracked by CTS dropped 1 point to 102 in July.

North America to Sub-Saharan Africa

Containerized trade from North America to sub-Saharan Africa in July slipped 2.4 percent year-over-year, but rose 6.6 percent month-to-month, totaling 32,100 TEUs. For the first seven months of 2013, exports from North America to sub-Saharan Africa were up 0.7 percent from the same seven months in 2012, to 212,800 TEUs. Rates in this market declined 2 points to 81 in July.