RWI/ISL Container Throughput Index: China continues to stimulate Global Trade
The essence in a nutshell:
- The Container Throughput Index of RWI – Leibniz Institute for Economic Research and the Institute for Shipping Economics and Logistics (ISL) recorded a seasonally adjusted increase in June from 124.9 (revised) to 126.1 points.
- Especially Chinese ports keep showing significant recovery of container throughput, continuing last months trend.The index for Chinese ports increased vom 134.7 to 140.5 points.
- The North Range Index, an indicator for economic development in northern Europe and Germany, has decreased in June from 112.9 (revised) to 111.2.
- The RWI/ISL Container Throughput Index for July 2022 will be published on August 31, 2022.
Commenting on the development of the Container Throughput Index, RWI’s head of economic research, Torsten Schmidt says: “The revival of container throughput in China continues to stimulate global trade in June as well. In European ports, the supply chain disruptions of the past months are showing, in addition to the restricted trade with Russia which also has noticeable effects.”
About the RWI/ISL- Container Throughput Index:
The RWI/ISL Container Throughput Index consists of container throughput data from 90 international ports gathered continuously by the ISL Monthly Container Port Monitor as part of its market observation. These ports account for approximately 64 percent of global container traffic. The current flash estimate for the Container Throughput Index is based on data from about 76 percent of the total index displayed here. As international trade is handled primarily by sea, reliable conclusions can be drawn here from container port throughput data. Furthermore, the index is a reliable early indicator of international trade of manufactured goods as well as global economic activity as most ports already report their activities within two weeks after the end of each month. The container throughput index is part of the statistics on foreign trade in the „Dashboard Deutschland“ of the Federal Statistical Office.
Data series for individual ports are available in the ISL Monthly Container Port Monitor.
RWI/ISL Container Throughput Index: Nordrange