Seaport – Less positive outlook at the end of 2022
- We estimate the total trading containerized cargo via sea growth +29% YoY, reached USD 95 billion in Q3-2022. In which, export and import turnovers are estimated at USD 54 billion (+36% YoY) and USD 41 billion (+22% YoY), respectively. The high growth rate is due to the low base during the Q3-2021 social distancing period.
- We estimate the total trading containerized cargo via sea growth +29% YoY, reached USD 95 billion in Q3-2022. In which, export and import turnovers are estimated at USD 54 billion (+36% YoY) and USD 41 billion (+22% YoY), respectively. The high growth rate is due to the low base during the Q3-2021 social distancing period.
The value of trading containerized cargo via sea currently shows signs of slowing down
We estimate the total trading containerized cargo via sea at +29% YoY, reaching USD 95 billion in Q3-2022. In which, export and import turnovers are estimated at USD 54 billion (+36% YoY) and USD 41 billion (+22% YoY), respectively. The high growth rate is due to the low base during the Q3-2021 social distancing period. However, compared to the previous quarter, total trading turnover decreased by 4% QoQ due to the decrease in export and import turnovers in 3% QoQ and 4% QoQ, respectively. The annual value of Q3 exports usually has a growth of 10% QoQ (except 2021 due to social distancing) due to increased spending demand at the end of the year. Some major product groups contributing to the total trading turnover
Viet Dragon Securities belongs to top 20 biggest securities companies in terms of chartered capital in Vietnam. With a qualified, dedicated and professional team, a widespread network, advanced technology, diversified products and services, and good relationship with local and foreign institutions, we provide a wide range of services and products to our clients both individuals and institutions, both local and foreign. We commit to provide our clients with promising investment opportunities and a comprehensive and professional financial investment services.
RongViet Research reports are diversified and abundant, along with in-depth analysis and performed by experienced, highly-qualified and knowledgeable teams. With the objectives of transparency, accurate and timely manner, RongViet believes that our products would always be important sources of information for customers/investors’ investment decisions.”
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.