RWI / ISL Container Throughput Index: World trade back down
by David Fleschen
The container turnover index of the RWI - Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) has fallen to 134.7 after the current flash estimate in April. In particular, cargo handling in Chinese ports eased.
The most important results:
• The Container Throughput Index of the RWI - Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) fell to 134.7 in April according to the current flash estimate.
• At the same time, the March value has been revised downwards from 136.7 to 136.1. As a result, the index is now on the decline.
• In particular, cargo handling in Chinese ports declined compared to March.
• The flash estimate for April is based on data from 47 ports, which account for about 77 percent of the index shown in the index.
• The RWI / ISL Container Throughput Index for May 2019 will be published on June 25, 2019.
Commenting on the development of the index, RWI's Chief Economist Roland Döhrn says: "The April figure confirms that the trade burdens on global trade are growing."
Source: RWI, Photo: Fotolia