RWI/ISL Container Throughput Index: World trade remains stable despite lockdown in Europe
The most important in a nutshell:
• The Container Throughput Index of RWI - Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) rose slightly in seasonally adjusted terms from (revised) 122.2 to 123.0in February.
• The North Range Index, which gives an indication of economic developments in the northern euro area and Germany, fell slightly from (revised) 117.5 to 115.0, meaning that container throughput has so far hardly been affected by the lockdown in many European countries.
• Throughput also declined somewhat in the Chinese ports. Container throughput increased moderately in the remaining ports.
• The RWI/ISL Container Throughput Index for March 2021 will be published on April 30, 2021.
Commenting on the development of the Container Throughput Index, RWI's head of economic research Torsten Schmidt says: ‚The renewed lockdown in many European countries has so far had little impact on container throughput. Overall, it is proving to be quite robust worldwide.‘
About the RWI/ISL Container Throughput 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 persons:
Prof. Dr. Torsten Schmidt, Phone: +49 201 8149-287, torsten.schmidt@rwi-essen.de
Sabine Weiler (Commuication), Phone: +49 201 8149-213, sabine.weiler@rwi-essen.de
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Data Container Throughtput Index
Graphic Container Throughput Index in printable resolution
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RWI/ISL Container Throughput Index: Northrange
