News / Impressive transatlantic growth for US imports, but outlook not so bullish

© Ahavelaar

Container exports from North Europe to North America increased 5.7%, year-on-year, in the first five months of the year, but Drewry is “sceptical” that this growth can be maintained for the full year.

Data from PIERS and Container Trade Statistics (CTS) shows US imports from Europe up 4.9% in the period to 890,000 teu, while Canadian imports flatlined at some 260,000 teu, with volumes to Mexico surging by 20% to about 180,000 teu.

In the past year, UK exports to the US have been ...