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RWI/ISL Container Throughput Index: Weak expansion of world trade continues

(PresseBox) (Bremen, ) In line with the observations since the beginning of this year, the international exchange of goods continued the move sideways last month. This is indicated by the Container Throughput Index of the Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI) and the Institute of Shipping Economics and Logistics (ISL). Although the seasonally adjusted index slightly improves from 115.9 (corrected) to 116.3 in July, its value is still below the peak in January 2013. The current flash estimate for July is based on the data of 38 ports, covering 75% of container throughput shown in the index.

Compared to the flash estimate released a month ago, the index for June was raised by 0.6 points. Even the months of May and April are a little bit better represented concerning to the input of missing data to the previous calculation. However, in total the revisions match with the previous average and do not change the basic trend of the indicator which is rather subdued.

The Index is based on data of 73 world container ports covering approximately 60% of worldwide container handling. The ports are continuously monitored by the ISL as part of their market analysis. Because large parts of international merchandise trade are transported by ship, the development of port handling is a good indicator for world trade. As many ports release information about their activities only two weeks after the end of the respective month, the RWI/ISL Container Throughput Index is a reliable early indicator for the development of international merchandise trade and hence for the activity of the global economy.

The RWI/ISL Container Throughput Index for August 2013 will be published on September 24th.

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Institut für Seeverkehrswirtschaft und Logistik (ISL)

The ISL - Institute of Shipping Economics and Logistics was founded in Bremen in 1954 and is one of Europe's leading institutes in the area of maritime research, consulting and knowledge transfer today. Our employees in Bremen and Bremerhaven handle projects from all over the world in the fields of logistics systems, maritime economics and transport as well as information logistics and turn innovative ideas into solutions with practical applicability.

The Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI) was founded in 1926 and sees itself as a modern center for scientific research and evidence-based policy advice. The guiding principle is to analyze the "individual prosperity and economic policy options in the demographic and social change."