SeaNews Turkey - US box trade up 3.7pc in 2011 as export rise 5.8pc vs 2.2pc for imports

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Thursday, 23.May.2013, 13:52 (GMT+3)

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SHIPPING NEWS » CONTAINER

US box trade up 3.7pc in 2011 as export rise 5.8pc vs 2.2pc for imports

US INTERNATIONAL container volumes are estimated to grow 3.7 per cent in 2011, a decline in growth from last year's 11.8 year-on-year increase, according to the preliminary figures from PIERS.

Overall, US containerised export performance, measured in TEU, is much better than its imports. The export volumes are estimated to grow 5.8 per cent year on year in 2011, while import volumes only to rise 2.2 per cent.

Import volume growth started to show apparent slowdown in third quarter to 1.6 per cent due to 3.7 per cent drop in imports from Asia. This leads to a preliminary forecast of a slight 0.1 per cent full-year import growth from Asia.

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