Trends in Asia vs. U.S. EXP.

Asia will remain the largest shipping destination of the United States now and in the future, and China is also the largest single shipping country (in 2022, China will have about 10 million TEUs to EXP, and East Asia will rank first) with 14 million TEUs). The third place is Western Europe, with less than 2 million TEUs, which has already been left behind by Southeast Asia, which ranks second, and will soon be overtaken by South Asia, ranking fourth.The share of coastal potential areas such as Central America and South America, which are popular in Western media, has not increased, but declined.In 2022, the total proportion of the two places was 8.4%, close to 9% in 2019 and 9.3% in 2009.

EXP from Asia to the United States fell by 4% last year compared to the peak in 2021.The freight volume of major countries/regions either declined (China-9%) or increased slightly (Vietnam 3%, India 2%).The two fastest growing countries are Cambodia and Bangladesh, at 20% and 15% respectively, although the volume is still very small.

If compared with 2019, the overflow trend of goods from China is obvious.China's freight volume increased by only 11%, Vietnam, ranked second, increased by 56%, and India, ranked third, increased by 42%.Thailand also has a growth rate of 41%.The fastest growth rate is Cambodia, with more than 100%, followed by Bangladesh, with more than 50%.

From the perspective of major EXP commodities,Furniture shipmentsBe firmly in first place.In 2022, compared with 2021, the turnover of the top five commodities decreased.At that time, the main force of "restocking" immediately became the victim of "destocking", and the volume of goods was seriously damaged.Despite this, three categories achieved double-digit growth: footwear, paper and leather.

Compared with 2019 before the epidemic, almost all categories have increased, among whichShipping of plastic productsThe growth in toys and auto parts was most pronounced, while the volume of steel and wood products did not increase.

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