Global Seaborne Container Trade Grows by 5.8% in January

Global Seaborne Container Trade Grows by 5.8% in January
Illustration

 

Global seaborne container trade increased by 5.8% year-on-year in January, according to Container Trades Statistics. Of the 49 trade routes analyzed, 32 recorded growth while 17 saw declines.

The most significant downturns occurred in exports to North America (-7.6%) and sub-Saharan Africa (-1.1%). However, the strongest growth was observed in total exports from the Middle East and Indian Subcontinent, which rose by 12.4%, followed by Far East exports, which increased by 8.3%.

Global Seaborne Container Trade Grows by 5.8%
Source: DynaLiners

On the import side, Europe led the growth with a 12.6% year-on-year increase, while sub-Saharan Africa followed with a 10.2% rise.

The overall positive performance highlights the resilience of global container trade, despite isolated declines in key routes.



Copyright Ships & Ports Ltd. Permission to use quotations from this article is granted subject to appropriate credit given to www.shipsandports.com.ng as the source.