Posts Tagged ‘United States Trade Data’

The JOC Top 30 U.S. Containerized Trade Partners

October 15, 2013

Mainland China accounted for 10.9 million 20-foot-equivalent units, or 36.4% of the nearly 30 million TEUs in U.S. containerized trade in 2012. Volume to and from China was up 2.6% year-over-year and 8% above pre-recession 2008. That compares to 1.5% growth year-over-year in overall U.S. laden container trade and 3.5% growth over the pre-recession year of 2008.

Following mainland China and rounding out the top five U.S. trading partners by market share were Japan, South Korea, Taiwan and Hong Kong. All told, the Top 5 U.S. Trading Partners accounted for 52.2% of the nearly 30 million TEUs in U.S. containerized trade in 2012. That represents growth of 0.7% year-over-year and is 3.6% above 2008.

The only Top 30 U.S. trading partner posting double-digit year-over-year growth in 2012 was 22nd-ranked Costa Rica, at 10%. The 23rd-ranked United Arab Emirates gained 9.7% while eighth-ranked Vietnam increased 7.1%. By contrast, 10 of the Top 30 declined year-over-year, led by fifth-ranked Hong Kong’s 11.6 decline in U.S. containerized trade percent and followed by No. 29  Singapore, down 9.6% from 2011.

The U.A.E. led the way in comparisons vs. 2008, growing 53.8% over the four years. followed by Vietnam at 33.2% and seventh-ranked India, which surged 32.6%. In contrast, 12 of the Top 30 U.S. trading partners declined in 2012 from their 2008 volumes, led by Hong Kong, whose U.S. containerized trade fell 13.8%. No. 14 Thailand experienced an 11% decline and 19th-ranked Malaysia saw its U.S. trade slip 10.2% from 2008.

Altogether, the JOC Top 30 U.S. trading partners accounted for 86.5% — or 25.9 million TEUs — of the total U.S. containerized trade in 2012. That represented a year-over-year gain of 1.4% for the Top 30 and was up 3.9% from 2008.

JOC Top 30 US Containerized Trade Partners in 2012  JOC


U.S. Containerized Exports Drop to Two-Year Low

September 4, 2013

U.S. containerized exports fell 6.1% year-over-year in June, to 925,043 TEUs, according to PIERS Data. This was the lowest volume seen since June 2011 and the first time volume fell below 1 million TEUs since January 2013. June containerized exports tumbled 12.5%from May.


“Asia appears to be the main source of weakness,” said PIERS/Journal of Commerce economist Mario Moreno in the August report of JOC Insights. “Foreign investors are pulling billions of dollars out of emerging bond markets in response to signs the Fed may start scaling back its stimulus program, adversely impacting emerging economies in Asia.”

U.S. containerized exports to Asia in June fell 7.5% y-o-y. The trade to Asia also inched down 0.7% year-to-date. January through June exports to all regions increased 0.3% compared with the first half of 2012.

Of June’s top 25 containerized export commodities, the largest declines were in automobiles, down 36%; pet and animal feeds, down 35%t; and auto parts, down 32%. The highest year-over-year increases were in miscellaneous grocery products, which soared 178%; metalware, up 119%; and miscellaneous apparel, up 21%.

Among June’s top 25 destination countries, shipments to Indonesia fell the most, down 43% y-o-y to 12,662 TEUs. Volume to Singapore declined 22% to 10,555 TEUs, and Vietnam followed with a loss of 16% to 13,331 TEUs. The Netherlands saw the steepest growth in exports from the U.S. in June: shipments rose 16% to 18,655 TEUs. Shipments to Belgium totaled 24,472 TEUs in the month, up 14% y-o-y. Exports to India also climbed 14%t, to 29,312 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.

U.S. Banana Imports Jump 12% in Q1 2013

June 26, 2013

U.S. containerized banana imports increased 12% to 105,203 TEUs from January to March, the fourth straight quarter of double-digit year-over-year growth, according to data from PIERS.

The increase brought banana imports to their second-highest quarterly volume in more than six years, surpassed only by the 108,869 TEUs in the second quarter of 2012. Import volumes were up 2.3% from the 102,843 TEUs imported in the fourth quarter of 2012.


The top countries of origin for U.S. banana imports in the first quarter were Guatemala, with a 32% share, up 4.7 percentage points year-over-year; Costa Rica, with 19.6%, up 2.1 percentage points; Ecuador, 18.8%, down 5.8 percentage points; and Honduras, 16.8%, down 2.7 percentage points.


Banana imports from Colombia jumped 70% in the quarter from a year earlier, to 6,420 TEUs. Containerized ocean imports from Mexico nearly doubled, to 5,108 TEUs from 2,748 in the first quarter of 2012.

U.S. Agricultural Exports Fall

June 11, 2013

Agricultural exports from the U.S. declined for a second straight month in April to $10.6 billion. This is the lowest agricultural export value since July 2012.

The value of the United States’ agricultural exports was down 3.6 percent from the level seen in April 2012 when it exported $11 billion worth. Prior to the past two months, exports had shown increasing year-over-year values for 10 straight months. When compared to March 2013, export value fell 9.5 percent, according to data from the U.S. Census Bureau. Agricultural exports have been down month-to-month for the past half year.

US Agricultural Trade Apr 13

U.S. agricultural imports, on the other hand, were at their highest value in April since the JOC began collecting this data in February 2011. They rose 7.2 percent year-over-year and inched up 0.8 percent month-to-month to reach $9.6 billion. The trade balance is now roughly a surplus of $1 billion, the lowest in over two years.

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