Container shipping surge hides electronics, apparel slowdown — Panjiva
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Container shipping surge hides electronics, apparel slowdown

China 3048 Cons. Discr. - Apparel 530 Cons. Discr. - Durables 574 European Union 878 Health Care 362 Info Tech - Tech Hardware 862 Mode - Containerized 1524 Mode - Seaborne 1845 Trade Balance 935 U.S. 5399

U.S. seaborne imports remained elevated in June, with an average 94,490 TEUs per day of imports being 30.6% higher than a year earlier and 19.8% above June 2019’s level. With activity just 2.2% below that seen in May there’s little let up in the pressure on ports and shipping firms. The Healthcare and Consumer Discretionary sectors are still the main drivers of growth, with imports up by 32.2% and 23.6% respectively in June 2021 versus June 2019. There are some signs of slowdown elsewhere in the consumer sector though with imports of Textiles / Apparel and Consumer Electronics down by 4....

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