Taiwan Ports’ Decline Accelerated in July, Lagged Asian Peers — Panjiva
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Taiwan Ports’ Decline Accelerated in July, Lagged Asian Peers

Corp - Ports 908 Mode - Containerized 1523 Mode - Seaborne 1845 Taiwan 231

Container handling through Taiwan’s main three ports fell 7% in July, an acceleration from the prior month’s 3% decline and a fourth straight drop. The smaller ports of Keelung and Taichung outperformed Kaohsiung. That leaves Taiwan well behind its Asian peers, with Singapore leading the pack with an 11% rate of growth. A recent slowdown in Chinese export growth may mean the broader expansion in Asian shipping has a shortening shelf life.

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