Containerised exports from the US to 10 major countries and territories in Asia (based on volumes at ports of destination) remained nearly unchanged in 2019, declining by 0.7% from the previous year to 5,958,060TEU, according to US research company Descartes Datamyne.
By origin, exports to China suffered a double-digit contraction of 15.8% to total 1,748,420TEU. Containerised exports to Japan and South Korea improved 1.6% to 744,654TEU and 8.8% to 715,050TEU, respectively, but cargo to Taiwan and Hong Kong lost ground, by 4% to 610,981TEU and by 20.6% to 162,637TEU, respectively.
Containers to India and Vietnam both increased notably, with the former surging 14.3% to 561,971TEU and the latter, 16% to 499,143TEU. Volumes to Malaysia increased 43.7% to 290,576TEU. Cargo to Thailand was also up 16.8% to 245,144TEU.