Europe’s Containerized Exports to Asia on the Rise

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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