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Brazil-Europe trade route recovers

Mon 13/11/2017 by Richard Wilkinson
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As the Brazilian fruit export season gets underway, the latest container statistics for the Europe-East Coast South America trade indicate a strengthening of the southbound market, while the long-time downwards trend for the northbound trade is starting to turn the corner.

Figures from Datamar up to September 2017 show that southbound container volumes from Europe have performed very well, 13 consecutive months of year-on-year gains, including seven months with over 10% gains, including the last two months. After some difficult years, this year saw a rise of southbound trade of 12% during the first nine months compared to the same period last year and is set to match the 2014 total. This will be the first year since 2013 that has featured annual growth.

The export region seeing the strongest growth was the Mediterranean market, up by 17% to 181,000 TEU after nine months. North European exports to ECSA rose by 10% to 442,000 TEU over the same period.

https://www.maritimeprofessional.com/news/exports-recovery-bearing-fruit-drewry-310951

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