On March 7th, we completed the data for February 2011 in our U.S. Customs trade data tool,
TradeIQ. Total shipments in February decreased by 11.09% from January, and grew 7.27% over the previous year. Asian origin imports fell when compared to January figures, while imports from Central America, measured in Shipments, increased 6.07% as the demand for fresh fruit took an upward turn.
Below is a table showing port regions of the world where shipments originated:
| Port Region |
Feb 2011
Shipments |
Percent Change
over Jan 2011 |
Percent Change
over Feb 2010 |
| Asia |
464,694 |
-12.77% |
4.79% |
| Europe |
81,620 |
-5.42% |
17.40% |
| Unknown |
27,542 |
-6.52% |
20.64% |
| South America |
25,721 |
-14.96% |
7.34% |
| Central America (includes Mexico) |
26,098 |
6.07% |
12.97% |
| Australia, New Zealand and Oceania |
6,171 |
-22.70% |
-5.53% |
| North America |
4,275 |
10.18% |
22.67% |
Africa
|
2,855 |
-18.87% |
2.04% |
| Total |
638,976 |
-11.09% |
7.27% |
U.S. Ports on the Atlantic Coast show the greatest increases in volumes for February 2011 over January 2011. The most noteworthy increases were West Palm Beach, FL and Chester, PA with increases of 37.86% and 18.73% respectively. Overall, levels dropped on the Pacific coast with an overall average decrease of 14.15% from January.
Below is the trend of the last thirteen months showing total TEU volume and shipments as seen in Zepol's monthly containerized import press releases:
Methodology:
Zepol's data is derived from Bills of Lading entered into the Automated Manifest System. This information represents the number of House manifests entered by importers of waterborne containerized goods. This is the earliest indicator for trade data available for the previous month’s import activity. The data excludes shipments from empty containers, excludes shipments labeled as freight remaining on board, and may contain other data anomalies.