On April 3rd, we completed the data for March in our U.S. Customs trade data tool,
TradeIQ. March continued February's import winning streak by besting March of 2009 by 9.81% and growing 8.55% over February 2010.
Below is a table showing port regions of the world where shipments originated:
| Port Region |
Mar 2010
Shipments |
Percent Change
over Mar 2009 |
Percent Change
over Feb 2010 |
| Asia |
488,743 |
11.06% |
0.86% |
| Europe |
116,408 |
6.76% |
35.45% |
| Central America (includes Mexico) |
62,308 |
6.61% |
20.26% |
| South America |
24,423 |
5.13% |
25.90% |
| Other |
9,032 |
14.45% |
13.84% |
| North America |
8,822 |
15.35% |
22.26% |
| Australia |
7,188 |
-1.18% |
52.55% |
| Africa |
4,387 |
34.49% |
50.81% |
| Total |
721,311 |
9.81% |
8.55% |
Continued increases over 2009 are encouraging for the U.S. trade economy, otherwise February could have been considered a blip because of its historically low performance in 2009. By increasing nearly 10% over March 2009, last month's trade is good news for U.S. businesses. Only time will tell if this surge in activity is attributed to consumer activity or businesses restocking their lean inventories.
During the recovery, Europe has lagged behind Asia and this was once again seen in the import data for March. Asian origin shipments outpaced European imports 11.06% compared to 6.76% over March 2009. To look closer at the ports of Europe, we have listed the top 10 ports by number of shipments to the United States (last port of departure before reaching a U.S. port).
Below are the top 10 European Ports by shipment count:
| Port |
Mar 2010
Shipments |
Percent Change
over Mar 2009 |
Percent Change
over Feb 2010 |
| Bremerhaven, Germany |
22,864 |
-0.60% |
43.89% |
| Antwerp, Belgium |
15,332 |
21.04% |
40.34% |
| Rotterdam, The Netherlands |
10,554 |
0.63% |
32.49% |
| La Spezia, Italy |
7,461 |
-7.68% |
60.94% |
| Le Havre, France |
7,235 |
6.12% |
19.15% |
| Genoa, Italy |
6,634 |
30.67% |
55.33% |
| Leghorn, Italy |
6,161 |
-6.27% |
56.17% |
| Hamburg, Germany |
5,883 |
33.86% |
24.72% |
| Valencia, Spain |
4,410 |
13.11% |
44.69% |
| Southhampton, United Kingdom |
3,817 |
112.53% |
46.13% |
The collection methods used by U.S. Customs for AMS data can lead to an overstatement of shipments for some ports as imports and exports from Prince Rupert and Vancouver are often recorded as imports for the U.S. Moreover, it does include shipments from empty containers, may overstate totals from transshipments, and include other data anomalies.
Zepol's
U.S. Customs trade data is taken from Bills of Lading entered into the Automated Manifest System. The information represents the number of House manifests entered by importers of waterborne containerized goods. This indicator is the earliest data available for the previous month’s trade activity.