Containerised output contracts but with encouraging prospects

In particular, the CTS aggregated volume data survey showed that global containerised exports in November reported a 4.72% decrease to 10,384,800 teu.  However, despite relative weakness, the month was up 5.47% year-on-year and was the best November performance for over two years.  CTS considers this indicates that prospects for a sustainable container volume recovery remain quite encouraging.

Total exports from Asia (including Intra-Asia) to all overseas markets went up by 6.23% to 5,795,200 teu, maintaining their growth for the seventh consecutive month.  Exports to Australasia and Oceania showed the largest increase, followed by exports to Europe.

Exports to North America remained relatively flat, while those to the Indian Subcontinent and Middle East, South and Central America, and Sub Saharan Africa declined.
In the opposite direction, containerised imports from all overseas markets into Asia (including intra-regional cargo) also gained traction.  November figures show that total imports went up by 10.36% to 4,159,000 teu compared to a year earlier, displaying positive growth for a fourth consecutive month.