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Cuba’s $200 Million Trade Deficit Question

  • By Christopher Rogers
  • · December 2, 2016
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  Fidel Castro’s death brings a focus back to Cuba’s position in world trade. Without good quality government statistics it can be difficult to determine the country’s trade position. Panjiva’s analysis of trade with five countries, using those countries’ data, shows imports fell for five straight months through September. The country runs a monthly deficit […]

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Karaoke and Keyboards Key to Musical Gift Giving

  • By Christopher Rogers
  • · November 25, 2016
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U.S. imports of musical instruments fell 2% in the three months to September 30 on a year earlier, suggesting retailers are not expecting it to be a big gift segment this holiday season. Within the sector electronic keyboards increased 6%, with a 19% jump in September alone and a further 6% in October in shipment […]

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Toy Buyers Find These Are The Drones They’re Looking For

  • By Christopher Rogers
  • · November 18, 2016
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Toy imports for October suggest holiday shoppers are not buying regular toys. Total imports fell 1.4% on a year earlier, but this includes a 1.3% growth in high price-point videogames – the remainder fell 1.8% and are down 3% for the July to October period. The growth in imports of drones, which increase 87% on […]

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A Love of Furniture and Europe Drives U.S. October Import Surge

  • By Christopher Rogers
  • · November 11, 2016
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U.S. seaborne imports jumped 6% in October vs. September, or 7% growth on a year earlier. This was the fastest since February, and the fourth straight increase. Imports of furnishings performed best, jumped 10%, while autos climbed 5%. Among non-durables apparel fell 0.4%, while toys managed a meager 0.5% growth ahead of the holidays. Imports […]

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MOLNYKKKK’s Japan Route Dominance, Port Spread May Be Regulatory Risks

  • By Christopher Rogers
  • · November 4, 2016
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The merger of the container shipping assets of Mitsui OSK, NYK and K-Line may require regulatory approval. Panjiva data shows that the combined shippers’ share of U.S.-bound volumes is similar to that of CMA-CGM. There may be concerns about their share of Japan to U.S. west coast (58%) and east coast (68%) routes, as well […]

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Venezuela’s Trade Falters in August as Protests Mount

  • By Christopher Rogers
  • · October 28, 2016
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Protests in Venezuela turn attention once again to the country’s poor trade situation. Despite increasing month over month for five months until July, exports fell 17% in August, and imports fell 10%. Oil exports to China and the U.S. in August were 124% above April’s lows, but fell 6% vs. July, apparently due to lower […]

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Passing Peak Zombie as Potter Prequel Casts Spell

  • By Christopher Rogers
  • · October 21, 2016
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The peak season for Halloween-product imports is largely over with a 3% increase in U.S. seaborne shipments in past three months. Looking at the five months to September 30, imports of decorations increased 6% whereas outfits dropped 16%. We are past peak zombie – imports of such outfits were 10% lower on a year earlier […]

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U.S. Imports Still Growing, but Rate Slowing in September

  • By Christopher Rogers
  • · October 12, 2016
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U.S. seaborne imports fell 11% in September vs. August, but were still 1.3% better than a year earlier. Iron and steel imports broke a 16 month downward streak with a 3% rise, while consumer confidence may be in evidence with furniture imports 3% higher. Toy imports are still struggling, though a 1% drop was slower […]

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U.S. Cups Fill as Coffee Exports Pour in August

  • By Christopher Rogers
  • · October 7, 2016
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Coffee exports jumped 10% on a year earlier in August according to ICO data, led by Vietnam, Peru and Colombia. Preliminary data suggests Peru’s exports may have fallen in September however, by as much as 80% on a year earlier. Brazil’s extended dry spell led to a 7% drop, and there are reports of near-empty […]

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Chainsaw Imports Cut Down, Signs of Fresh Growth

  • By Christopher Rogers
  • · September 30, 2016
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As fall starts, chainsaw imports have normally peaked by July and August. Imports in the past 12 months through July 31 fell 7% in dollar terms, and 6.5% in number of saws, with German imports outpacing those from China in July. Consumers are instead doing more maintenance, with parts imports rising 13% and blades 9% […]

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