Imports of containers from ten major Asian economies into the United States dropped by 8.4% year-on-year in October, falling to approximately 1.79 million TEUs, according to data from Descartes Datamyne reported by the Japan International Freight Forwarders Association. The month-on-month decline was 0.1%.
Imports from China amounted to 914,395 TEUs in October, representing an increase of 13.5%. Vietnam shipped 239,642 TEUs (+21.6%), while South Korea’s shipments declined by 4.4% to 183,716 TEUs. Singapore’s volumes fell by 25.1% to 68,331 TEUs, and India’s imports decreased by 21.3% to 64,204 TEUs. Japan recorded 37,739 TEUs (–13.2% year-on-year), though shipments from Japan rose 44.2% compared with September.
By commodity category, most categories registered declines in October:
- Furniture and related goods (HS 94) fell by 7.2% to 267,623 TEUs.
- Plastics (HS 39) rose by 6.4% to 188,765 TEUs.
- Machinery (HS 84) dropped by 3.3% to 172,568 TEUs.
- Electronics (HS 85) slipped 4.2% to 158,271 TEUs.
- Toys and sporting goods fell 17.4% to 111,684 TEUs.
- Vehicles (HS 87) decreased 8.6% to 89,807 TEUs.
For the January-October period, imports of machinery, plastics, and rubber products grew year-on-year.
Overall container imports into the U.S. in October reached approximately 2.31 million TEUs, representing a 6.6% year-on-year fall.
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Source: Container News
