China Market Freight Updates, December 2023
Creator: YQN & Searates
As a global digital logistics expert, YQN offers online consultative international logistics services covering sea freight, air freight, rail freight, multimodal transportation, trucking, customs clearance, insurance, overseas warehousing, and destination services. Currently, YQN cooperates with Searates, a digital freight platform subordinated to DP World Logistics, to produce the freight update report for China market every month.
Shipping from China to most regions is now characterized by stable demand and no supply chain problems. The statistical data illustrates the growth of freight rates in most cases. Check out the insights below for detailed information by region:
China to South America
Shipping demand for the South American market remains stable. A slight fluctuation in overall cargo volume was noted. The rates for South America's base ports have decreased by 4.5% compared to last month. The space and equipment were sufficient and normal.
China to South America
We would like to inform you that we expect freight rates to increase on the China-South America trade route soon. We recommend our customers plan their shipments accordingly and consider booking in advance to guarantee sufficient space and avoid possible delays.
The following are examples of the most cost-effective rates for the transportation of 20-foot FCL containers from China to South America.
| Yantian - Guayaquil | From $1200 | Check rates |
| Shekou - Santos | From $2200 | Check rates |
| Shanghai - Callao | From $960 | Check rates |
| Shanghai - Buenos Aires | From $1980 | Check rates |
| Qingdao - Manzanillo | From $1200 | Check rates |
China to Middle East
Shipping demand shows a stable trend, with a slight decrease in cargo volume. Ocean rates from Chinese ports to the main Middle East ports, namely, Persian Gulf ports, decreased by 3.8% from the previous month. The space and equipment were sufficient and normal.
China to Middle East
The following are examples of the most cost-effective rates for the transportation of 20-foot FCL containers from China to the Middle East.
| Shanghai - Abu Dhabi | From $1150 | Check rates |
| Shanghai - Dammam | From $1050 | Check rates |
| Ningbo - Dubai | From $1155 | Check rates |
| Ningbo - Abu Dhabi | From $1250 | Check rates |
| Shekou - Jebel Ali | From $1155 | Check rates |
China to North America
The freight rates from China ports to western USA ports increased by 1.2% from last month. At the same time, ocean rates to eastern USA ports rose by 5.6%, respectively, from the previous month. The space and equipment availability are normal, and slight increase in cargo volume highlighted.
The following are examples of the most cost-effective rates for the transportation of 20-foot FCL containers from China to North America.
China to North America
We would like to inform you that we expect freight rates to increase on the China-North America trade route soon. We recommend our customers plan their shipments accordingly and consider booking in advance to guarantee sufficient space and avoid possible delays.
The following are examples of the most cost-effective rates for the transportation of 20-foot FCL containers from China to North America.
| Shanghai - Seattle (Wa) | From $1511 | Check rates |
| Qingdao - Edmonton | From $2241 | Check rates |
| Shanghai - New York | From $2420 | Check rates |
| Shanghai - Vancouver | From $1493 | Check rates |
China to Europe
Demand for cargo shipping is stable. The freight rates for transportation from Chinese ports to European base ports have increased by 9.2% compared to last month. In addition, the freight rate from China to MED base ports also increased by 6.6% from last month. The space and equipment were sufficient and normal.
China to Europe
The following are examples of the most cost-effective rates for the transportation of 20-foot FCL containers from China to Europe.
| Qingdao - Antwerp | From $1100 | Check rates |
| Shanghai - Hamburg | From $957 | Check rates |
| Shanghai - Lisboa | From $1275 | Check rates |
| Shanghai - Rotterdam | From $1050 | Check rates |
| Shanghai - Fos Sur Mer | From $1399 | Check rates |
Cargo transportation from China remains positive, with sufficient equipment and space to meet growing demand.
Different destinations are characterized by different trends in freight rates, either upward or downward. However, there is a general downward trend in freight rates for transportation from China. Demand in most regions remains very high, particularly during the peak season.
On the YQN platform, customers can easily compare rates, make bookings, and fulfill order online, addressing common industry challenges. If you want to receive a personalized offer, send a request and our manager will contact you and provide an individual offer depending on your requirements.
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YQN Operation Team
info@yqn.com
