As China’s most important trading partner, the United States has imported a large number of Chinese goods in the past 2020. The following will introduce how many goods are shipped from China and other Asia countries to the United States through the cargo capacity of various shipping companies.

 

In 2020, the United States imported 16.56 million TEU of containers from Asia, an increase of 4.1% over 2019 and an increase of 22% over 2016. The top 5 shipping companies accounted for 68.10% of the container cargo volume, and the top 15 shipping companies accounted for 99.7% of the cargo volume. Of course, goods shipped from China to the United States account for the vast majority of the proportion, and the proportion of goods shipped from Vietnam to the United States has also grown strongly.

 

Large ship sharing cargo space alliances still dominate, but the share of small independent shipping companies has been increasing, albeit with a small base.

 

From the perspective of market share expansion, the 2M alliance (Maersk + MSC) and smaller-scale cross-border e-commerce target customers Zim and Matson are the biggest winners, far above the market average. Due to the COVID-19 epidemic, the volume of B2C orders on the Amazon platform has skyrocketed, so a large number of Amazon FBA cargo has increased the volume of the two shipping companies ZIM and MATSON, both of which have their own express services at Chinese ports. Which service for Customers for selling on  Amazon.

 

 

Matson’s market share has increased from 0.7% in 2019 to 1.2% in 2020, thanks to a surge of 92.6%.

 

Zim’s market share rose from 3.2% to 3.8%, and the cargo volume increased by 23.5%.

 

Wan Hai’s cargo volume increased by 11.6%, maintaining a 1.0% market share.

 

MSC’s market share jumped from 7.6% to 9.0%, benefiting from a 23.6% increase in cargo volume on the Asia-US route.

 

Maersk’s U.S. line cargo volume also surged 19.4%, and its market share rose from 9.4% to 10.8%.

 

The Ocean Alliance controls 43.7% of the market share, occupying first and second place in the volume of Asian exports to the U.S.

 

Fourth place:

 

COSCO SHIPPING + OOCL  increased by 3.7% year-on-year in total, accounting for 16.8% of the market;

 

CMA CGM increased by 4.1% year-on-year, and the market accounted for 15.3%;

 

Evergreen increased by 2.1% year-on-year, with a market share of 11.6%.

 

The following is the cargo volume ranking of shipping companies from China and other Asian countries to the United States:

 

Rank Carrier Market  Share 2020 YoY
1 Cosco  Shipping+OOCL 16.8% 2,781,258 3.7%
2 CMA CGM+APL 15.3% 2,527,771 4.1%
3 Ocean  Network Express 13.7% 2,266,251 -4.6%
4 Evergreen Line 11.6% 1,925,659 2.1%
5 Maersk+Hamburg  Süd+
Sealand+Safmarine
10.8% 1,783,188 19.4%
6 MSC 9.0% 1,488,248 23.6%
7 HMM 5.4% 893,028 1.4%
8 Yang Ming Line 5.3% 873,369 0.9%
9 Hapag-Lloyd 3.8% 635,480 -7.6%
10 Zim 3.8% 628,118 23.5%
11 SM Line 1.6% 271,143 -10.9%
12 Matson 1.2% 204,461 92.6%
13 Wan Hai  Lines 1.0% 169,615 11.6%
14 Pacific International Lines 0.3% 42,046 -84.9%
15 Westwood  Shipping 0.2% 29,010 -22.7%
TOP 15 99.7% 16,518,644 4.0%
TOTAL 100.0% 16,563,830 4.1%

 

 

Under the epidemic, American consumers have limited choices, so they mainly focus on goods rather than services.

 

Stronger-than-expected consumer demand will also keep US retail inventories low in 2020. Official US statistics show that the adjusted inventory-to-sales ratio, which is a barometer of import demand, averaged 1.17 last year and 1.23 in 2019.

 

Nonetheless, five of the top 15 Asian-U.S. shipping companies have seen a decline in cargo volume in 2020:

 

PIL, Westwood Shipping, SM Line, Hapag Lloyd, and Ocean Network Express.

 

The biggest decline was PIL Pacific Shipping, which completely withdrew from the trans-Pacific trade route in March last year.

 

Bestforworld provides general cargo and dangerous cargo logistics service from Asia to the USA, As a logistics broker for American customers, we help these American importers who import from China, Vietnam, Thailand, Malaysia, Bangladesh, India, and the Philippines save a lot of time and logistics risks.

 

 

At the same time, Bestforworld’s powerful Amazon FBA logistics services help a large number of small and medium importers, especially Amazon sellers, strengthen the confidence of the supply chain, so that their goods can be shipped from China to Amazon warehouses in the United States faster. Ensure sufficient inventory.

 

Now that China’s Spring Festival is over, but from this week’s ocean freight, the ocean freight from China to the U.S. does not show a downward trend. Of course, this also depends on the next export volume. If the U.S. consumption power remains Strong, so in 2021 this year, the shipping market from China to the United States is still hot, and the ocean freight is still strong.

You might like this article:

 

Shipping from China to the US: Shipping Cost&Tariffs, Transit time, Shipping Methods,COVID-19 Affect,Risks, Highlights, Insider Exposure, Solutions,Avoid Delay,Cheaper Shipping,Strategy Optimization ,Ocean Freight VS Air Freight,FCL VS LCL, Comprehensive Guide, FAQ,Update 2021