RWI / ISL container throughput index: Slight Weakening of World Trade
The main results:
• The container throughput index of RWI - Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL), seasonally adjusted, declined again slightly in December from (revised) 121.1 to 119.
• Throughput declined in particular in the Chinese ports. Container throughput stagnated in the other ports.
• The North Range Index, which provides an indication of economic developments in the northern euro area and Germany, declined only slightly more, from (revised) 115.4 to 112.8. This indicator thus maintained its pre-Corona crisis level.
• The RWI/ISL container throughput index for January 2021 will be published on February 26, 2021.
Commenting on the development of the container throughput index, RWI's head of economic research Torsten Schmidt says: "The renewed tightening of infection control measures seems to have had little impact on global trade so far."
About the RWI / ISL container handling index:
The index includes the data on container transhipment in 91 international ports, which are continuously collected by the ISL as part of its market observation and account for around 60 percent of global container transhipment. Since international trade is mainly handled by sea, container transhipments allow reliable conclusions to be drawn about world trade. Because many ports already report on their activities two weeks after the end of a month, the RWI/ISL Container Handling Index is a reliable early indicator of the development of international trade in processed goods and thus also of global economic activity.
Data series for individual ports are available in the ISL Monthly Container Port Monitor.
For more background information on the RWI / ISL container throughput index, please visit. www.rwi-essen.de/containerindex.
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Your contact person for this:
Prof. Dr. Torsten Schmidt, Phone: +49 201 8149-287
Sabine Weiler (Communication), Phone: +49 201 8149-213
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RWI / ISL container throughput index data
Graphic RWI / ISL container throughput Index in printable resolution
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RWI/ISL container througput Index: Northrange
