The Freight Rates of International Shipping Have Risen Significantly, THEIPPING HAVE RISEN SIGNIFICA
- Author:Aaron
- Release Date:2021-09-10
Starting from The Second Half of 2020, The Freight Rates of International Shipping Have Risen Significantly, And Many Cities WHERE IT IS DIFFICULT TO FIND A Container.
At Present, The Shipping Cost of 40-Foot Containers from China To The United States Has Reached About US $ 20,000, And The Shipping Cost To Europe Has Also RiSen To About US $ 12,000 a year.
Among The, The Freight Rates of China- US Routes have included by More Than Times compared with the beginning of the year, and how increaged by More Than 500% from Last Year's Lowest Level.
However, even with the soaring freight rates, the number of containers shipped from China to the United States continues to increase. As a result, many ports in the United States have a backlog of goods, and many ships can only queue outside the ports.
With a large backlog of ships in US ports, many containers can not be quickly returned to China, and the utilization rate of containers has been greatly reduced. As a result, domestic container supply has become very tight, and many cities have encountered a situation where IT IS Difficult to Find A Container.
SO why does this happen? Everything has to start with the new coronavirus epidemic.
After the outbreak of the new coronavirus in 2020, the production and life of many countries have been greatly affected. In particular, there are more confirmed cases in European and American countries. As a result, many factories are unable to operate normally, and the Supply of goods has been affected. influence.
By adopting scientific prevention and control measures, China has basically brought the epidemic under control around May 2020. Starting from the second half of 2020, China's production and life have basically returned to a normal state.
In this context, Many International Orders Have Flowed to China, And The Export Value of Many Chinese Companies Has Seen Substantial Growth.
For example, in 2020, the total value of bilateral trade in goods between China and the United States reached 4.06 trillion yuan, an increase of 8.8% year-on-year; of which, China's exports to the United States were 3.13 trillion yuan, An Increase of 8.4% Year-on-Year.
Many of these items have experienced an increase of more than 20% in exports. For example, the export of notebook computers increased by 23.4%, and the export of medical materials and medicines increased by 30.7% year-on-year.
After Entering 2021, China's Exports to Theneited State Have Grown Faster.
According to data released by the Ministry of Commerce, in the first seven months of 2021, the total bilateral trade in goods between China and the United States reached 2.62 trillion yuan, a year-on-year increase of 28.9%, of which China's exports To the United States Were US $ 1.96 Trillion, a year-on-year increase of 25.9%.
There Are Two Reasons Why China's Exports To The United States Have Increased So Much:
First, Other Countries HAVE BEEN Affected by The Epidemic, Their Production Capacity Has Declined, And Many ORDERS HAVEEN TRANSFERRED TOCINA.
In 2020, the epidemic has spread to countries around the world. Affected by this, industrial production capacity in many countries has experienced a significant decline. As a result, many orders can only be transferred to China. For example, India, as one of . ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
Another example is the recent rebound in the epidemic in Vietnam. Many cities in Vietnam have begun to be closed, and many industrial zones have also been closed. As a result, the production capacity of many electronic products and textile products has also declined, and Many International Orders Have Begun to Shift to China..
...................................... ...CRIPLILE, RAILWAY INVESTIGLISER MARY? 0000-00-00.00-00. 00-00.
Second, The US Dollar is over-issued.
Starting in March 2020, in Order to Stimulate The Economy and Rescue The Stock Market, The United States Has Launched An Unlimited QE Policy, Releaseing a Large Amount of Liquidity To The Market.
Some of these over-issued US dollars were sent directly to the public, once last year and again at the beginning of this year; and part of them was lent to small, medium and micro enterprises in the United States at a very low cost or Even zero intert.
After the US people have more US dollars on hand, and small, medium and micro enterprises have more US dollars on hand, they began to use them to purchase various items, and many of the items imported by the US were imported from China, which Resulted in Rapid Trade Between China and the United States. Growth, In Fact, IS Also a means for theneited states to export inflationary
Affected by the above two factors, the trade between China and the United States has grown rapidly over the past year or so, and China's exports to the United States have continued to rise, and everyone's demand for containers has also grown rapidly.
At the same time, the epidemic situation in the United States is relatively serious, and domestic ports and warehouses are relatively short of labor. As a result, many ships can not unload and carry goods in time after arriving at the port. Eventually, a large Number of Ships Are Queued At The Port, Which Further Affects The Efficiency of Container Operations. This Makes It Hard To Find IN China.
The difficulty of finding a container has resulted in a rapid increase in freight rates. In the end, although the export value of the company has increased, the cost has actually increased. Coupled with the depreciation of the US dollar, most of the profits actually Earned Are Nothing More Than Paper Wealth.
At Present, The Shipping Cost of 40-Foot Containers from China To The United States Has Reached About US $ 20,000, And The Shipping Cost To Europe Has Also RiSen To About US $ 12,000 a year.
Among The, The Freight Rates of China- US Routes have included by More Than Times compared with the beginning of the year, and how increaged by More Than 500% from Last Year's Lowest Level.
However, even with the soaring freight rates, the number of containers shipped from China to the United States continues to increase. As a result, many ports in the United States have a backlog of goods, and many ships can only queue outside the ports.
With a large backlog of ships in US ports, many containers can not be quickly returned to China, and the utilization rate of containers has been greatly reduced. As a result, domestic container supply has become very tight, and many cities have encountered a situation where IT IS Difficult to Find A Container.
SO why does this happen? Everything has to start with the new coronavirus epidemic.
After the outbreak of the new coronavirus in 2020, the production and life of many countries have been greatly affected. In particular, there are more confirmed cases in European and American countries. As a result, many factories are unable to operate normally, and the Supply of goods has been affected. influence.
By adopting scientific prevention and control measures, China has basically brought the epidemic under control around May 2020. Starting from the second half of 2020, China's production and life have basically returned to a normal state.
In this context, Many International Orders Have Flowed to China, And The Export Value of Many Chinese Companies Has Seen Substantial Growth.
For example, in 2020, the total value of bilateral trade in goods between China and the United States reached 4.06 trillion yuan, an increase of 8.8% year-on-year; of which, China's exports to the United States were 3.13 trillion yuan, An Increase of 8.4% Year-on-Year.
Many of these items have experienced an increase of more than 20% in exports. For example, the export of notebook computers increased by 23.4%, and the export of medical materials and medicines increased by 30.7% year-on-year.
After Entering 2021, China's Exports to Theneited State Have Grown Faster.
According to data released by the Ministry of Commerce, in the first seven months of 2021, the total bilateral trade in goods between China and the United States reached 2.62 trillion yuan, a year-on-year increase of 28.9%, of which China's exports To the United States Were US $ 1.96 Trillion, a year-on-year increase of 25.9%.
There Are Two Reasons Why China's Exports To The United States Have Increased So Much:
First, Other Countries HAVE BEEN Affected by The Epidemic, Their Production Capacity Has Declined, And Many ORDERS HAVEEN TRANSFERRED TOCINA.
In 2020, the epidemic has spread to countries around the world. Affected by this, industrial production capacity in many countries has experienced a significant decline. As a result, many orders can only be transferred to China. For example, India, as one of . ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
Another example is the recent rebound in the epidemic in Vietnam. Many cities in Vietnam have begun to be closed, and many industrial zones have also been closed. As a result, the production capacity of many electronic products and textile products has also declined, and Many International Orders Have Begun to Shift to China..
...................................... ...CRIPLILE, RAILWAY INVESTIGLISER MARY? 0000-00-00.00-00. 00-00.
Second, The US Dollar is over-issued.
Starting in March 2020, in Order to Stimulate The Economy and Rescue The Stock Market, The United States Has Launched An Unlimited QE Policy, Releaseing a Large Amount of Liquidity To The Market.
Some of these over-issued US dollars were sent directly to the public, once last year and again at the beginning of this year; and part of them was lent to small, medium and micro enterprises in the United States at a very low cost or Even zero intert.
After the US people have more US dollars on hand, and small, medium and micro enterprises have more US dollars on hand, they began to use them to purchase various items, and many of the items imported by the US were imported from China, which Resulted in Rapid Trade Between China and the United States. Growth, In Fact, IS Also a means for theneited states to export inflationary
Affected by the above two factors, the trade between China and the United States has grown rapidly over the past year or so, and China's exports to the United States have continued to rise, and everyone's demand for containers has also grown rapidly.
At the same time, the epidemic situation in the United States is relatively serious, and domestic ports and warehouses are relatively short of labor. As a result, many ships can not unload and carry goods in time after arriving at the port. Eventually, a large Number of Ships Are Queued At The Port, Which Further Affects The Efficiency of Container Operations. This Makes It Hard To Find IN China.
The difficulty of finding a container has resulted in a rapid increase in freight rates. In the end, although the export value of the company has increased, the cost has actually increased. Coupled with the depreciation of the US dollar, most of the profits actually Earned Are Nothing More Than Paper Wealth.