News / 150,000 empty containers stranded in Russia as trade imbalance grows

Photo 165991458 © Irina Kvyatkovskaya | Dreamstime.com

The huge trade imbalance between China and Russia since the invasion of Ukraine has led to some 150,000 teu of empty boxes becoming stranded in Russia.

According to new analysis from online box platform Container xChange, the surge of Chinese exports into Russia since it launched its war on Ukraine, has left Chinese exporters scrambling to find available equipment, while the price of second-hand of containers in Russia has crashed.

“There is significant cargo movement from China into Russia, but very scarce ...