October sees an 8% surge in Japan-US container exports

Posted on December 4, 2023   |  

Japan experienced a 7.9% increase in container exports to the US in October, reaching 54,409 TEU.

The Japan International Freight Forwarders Association Inc. (JIFFA) reported a 10.2% decrease in September, making the October rise a positive shift.

Notably, direct exports accounted for 36,181 TEU, showing a substantial 25.1% year-on-year increase. 

In contrast, transshipped containers on the way amounted to 18,228 TEU, marking a 15.3% decrease.

Container transshipment fell to 33.5%, slipping below the 40% mark. This decline was influenced by a new route from Yokohama to the US East Coast, leading to a 15.8% decrease in South Korea.

China and Taiwan contributed to Japan's container exports, with both showing decreases of 10.2% and 8.8%, respectively.

On the import side, Japan received 49,433 TEU from the US in September. 

• Direct shipments were up 0.4%, while containers carried via third nations were down 20.5%. Tokyo, Yokohama, Kobe, Nagoya, and Osaka reported increases in imported TEU.