Asean box trade with the US growing faster than China’s as sourcing shifts

South-east Asia’s container trade with the US is growing faster than China’s, highlighting the region’s shifting sourcing patterns.
According to the Japan Maritime Center (JMC), the share of US container imports originating in Asean broke through 20% for the first time last year – while China’s share declined for the second successive year.
Asean volumes were up 16.1% to 4m teu, bringing the region’s total share to 21.9%, while volumes originating in …

The post Asean box trade with the US growing faster than China’s as sourcing shifts appeared first on The Loadstar.

Source: The Loadstar

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