Archive for August, 2013

Europe’s Containerized Exports to Asia on the Rise

August 27, 2013

June’s containerized exports from Europe to Far East Asia increased year-over-year for the fifth straight month, according to data from Container Trades Statistics. Exports rose to all regions except the Indian subcontinent and the Middle East; volume in that trade fell more than 2%. The biggest regional increase was seen in shipments from Europe to Far East Asia.

European Exports to Far East Asia

Europe exported 578,300 20-foot-equivalent-unit containers to Far East Asia in June 2013, up 9.4% from June 2012 and up 2% from May. In the first half of 2013, European exports to Far East Asia grew 4.7% over the prior year to 3,360,200 TEUs.

European Exports to Far East Asia

European Exports to Australasia/Oceania

Exports from Europe to Australasia/Oceania in June jumped 9.0% year-over-year and 7.4% month-to-month to 44,900 TEUs. This was the largest increase over the year before in this lane in nine months. In the first six months of 2013, exports from Europe to Australasia/Oceania increased 5.5% year-over-year, to 249,100 TEUs.

European Exports to the Indian Subcontinent and the Middle East

The containerized export trade from Europe to the Indian subcontinent and the Middle East totaled 274,000 TEUs, falling 2.2% from June 2012 but inching up 0.7% from May of this year. This was the first year-over-year decline since a six-month slump that lasted from October 2012 through March 2013. Exports from Europe in the January-June 2013 period slipped 1.0% year-over-year to 1,533,600 TEUs.

European Exports to North America

Containerized export volume from Europe to North America reached 312,600 TEUs in June, climbing 4.3% from June 2012, when the volume was 299,600 TEUs. Volume was also up 3.1% compared to May’s level. Exports from Europe during the first six months of 2013 totaled 1,789,500 TEUs, 1.7% above the level seen in the same period in 2012.

European Exports to South/Central America

Europe exported 137,600 TEUs to South and Central America in June 2013, an 8.2% increase year-over-year but a 0.3% decline month-to-month. In the first six months of 2013, exports from Europe to South and Central America grew 4.6% year-over-year to 787,000 TEUs.

European Exports to Sub-Saharan Africa

Containerized exports in June rose 3.1% year-over-year to 159,800 TEUs. However, export volume in the lane slipped 2.3% from May. In the first half of 2013, exports from Europe to sub-Saharan Africa grew roughly 8.6% year-over-year, to 909,800 TEUs.

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PIERS Reports Growth in U.S. Containerized Imports

August 13, 2013

U.S. containerized imports edged up 0.7% year-over-year in May, following year-over-year growth of 2% in April, according to PIERS data. U.S. containerized imports totaled 1.54 million TEUs in May, the highest monthly volume since August 2012.

“Retailers have come to realize that their expectations in the beginning of the year for a resilient, improving consumer sector were a bit too optimistic, resulting in slowing demand for foreign goods starting the second quarter,” said PIERS/Journal of Commerce economist Mario Moreno in the July report of JOC Insights. “Second quarter imports will likely grow by no more than 2% year-over-year, which is in line with my expectations.”

Containerized import volume in May was up 4% from April.

U.S. Containerized imports May 2013

Leading the gains among the top 25 imports were miscellaneous fruits, with a 39% year-over-year jump; kitchenware, up 17%; and footwear, up 15%. The largest declines were seen in toys, electronic products, and address machinery, all down 9%.

Among the top 25 source countries, U.S. imports from Chile showed the largest increase in May, up nearly 30% year-over-year to 18,718 TEUs. Shipments from Brazil totaled 27,987 TEUs in May, up 26% year-over-year. Ecuador’s exports to the U.S. in May totaled 10,541 TEUs, growing 24.2% year-over-year. Of the largest sourcing country declines, shipments from Japan showed the biggest drop, off 14% year-over-year to 46,381 TEUs. Hong Kong followed with a 13.5% drop to 30,859 TEUs, while Turkey’s volume fell 10.4% to 9,397 TEUs.

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U.S. Containerized Exports Rose in May

August 6, 2013

U.S. containerized exports rose 1.5% year-over-year in May, totaling 1,044,837 TEUs, according to PIERS data. The increase followed a similar, albeit smaller, year-over-year rise of 0.8% in April’s volume. May containerized exports were also up 3.2% month-to-month.

“From April to May, exports were up by 1.1% over the same period in 2012, in line with the forecast of 1% growth for second quarter as reported in the June report of Container Shipping Outlook,” said PIERS/Journal of Commerce economist Mario Moreno in the July report of JOC Insights. “The global economy continues to face significant risks, which recently led the IMF to downgrade its 2013 forecast for global GDP from 3.3% to 3.1%.”

US Waterborne Exports May 2013

U.S. containerized exports to Asia in May increased 2% year-over-year, however, year-to-date through May, the trade to Asia was up just 0.4%. January through May exports to all regions increased 1.2% from the year-earlier period.

Of May’s top 25 containerized export commodities, the highest year-over-year increases were in logs and lumber, which increased 18%; fabrics, up 13%; and pet and animal feeds, up 12%. The largest export declines were in scrap metals, down 15%; plastic products, down 14%; and foam waste, down 12%.

Among May’s top 25 destination countries, Turkey had the steepest increase in exports from the U.S. in May — shipments rose 23% to 15,573 TEUs. Shipments to Brazil totaled 28,423 TEUs in the month, up 22% year-over-year. Exports to Colombia also climbed 22% to 13,269 TEUs. On the declining end, shipments to Germany fell the most, down 13% year-over-year to 21,408 TEUs. Volume to Hong Kong also declined 13% to 29,487 TEUs, while Taiwan followed with a loss of 10% to 44,964 TEUs.

Thanks to our unique data operations infrastructure, which includes onsite port staff who are able to manually scan every export Bill of Lading (including those not filed electronically), PIERS can proudly say we are the only source for complete U.S. export transactions. To learn more about how you can benefit from PIERS export data register to receive a free demo.

Top U.S. Imports & Exports with South America

August 1, 2013

Bananas were the top containerized import commodity from South America in April 2013, but it is down 8% over April 2012 and down 5% year to date. The top 10 commodities shown above accounted for 49% of the total box import trade from South America.

Top US Imports from South America

Paper & paperboard was the top containerized export commodity to South America in April 2013. The top 10 commodities shown above accounted for 36% of the total export trade to South America.

Top US Exports to South America in TEUs

For more information about how PIERS Trade Intelligence can help you track U.S. imports & exports for any commodity or region visit or for more trade and economic analysis subscribe to JOC Insights.

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