{"id":196,"date":"2023-05-31T08:18:10","date_gmt":"2023-05-31T08:18:10","guid":{"rendered":"https:\/\/china-docshipper.uiart.io\/en\/2024\/12\/26\/asia-container-trade-challenges-facing-the-chinese-container-trade-business\/"},"modified":"2025-07-02T09:50:35","modified_gmt":"2025-07-02T09:50:35","slug":"asia-container-trade-challenge","status":"publish","type":"post","link":"https:\/\/china.docshipper.com\/en\/logistics\/asia-container-trade-challenge\/","title":{"rendered":"Asia Container Trade: challenges facing the Chinese container trade business"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"196\" class=\"elementor elementor-196\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ddb5462 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ddb5462\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-21be97a5\" data-id=\"21be97a5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-28df741f elementor-widget elementor-widget-text-editor\" data-id=\"28df741f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The <\/span><span style=\"color: #000080;\"><b>container trade<\/b><\/span><span style=\"font-weight: 400;\"> industry is a vital aspect of<\/span><span style=\"color: #800000;\"> <b>international shipping<\/b><\/span><span style=\"font-weight: 400;\">, facilitating overall movement of goods across the globe. With China being the global manufacturing hub, the container trade<\/span> <span style=\"font-weight: 400;\">market has become a significant factor contributing to international logistics. However, the<\/span><span style=\"color: #000080;\"><b> Chinese container trade market<\/b><\/span><span style=\"font-weight: 400;\"> is currently facing challenges due to a slow market pickup, affecting the industry&#8217;s growth and overall performance in the region. Therefore, by reading our article,\u00a0 you will take a closer look at the factors contributing to this struggle and the knowledge to overcome this challenge.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-59449baa elementor-widget elementor-widget-heading\" data-id=\"59449baa\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The gloomy situation of global international shipping\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-434fefa5 elementor-widget elementor-widget-heading\" data-id=\"434fefa5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">The prolonged perspective of shipping industry\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7d0463eb elementor-widget elementor-widget-text-editor\" data-id=\"7d0463eb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The global shipping industry has been facing such a complex scenario in recent years. After a long time surge in price, <a href=\"https:\/\/www.containersx.com\/shipping-container-cost\/\" target=\"_blank\" rel=\"noopener\">container rates<\/a> are experiencing a substantial decrease as contract rates are moving closer to spot rates.\u00a0<\/span><\/p><p><img decoding=\"async\" class=\"alignright\" src=\"https:\/\/china.docshipper.com\/wp-content\/uploads\/sites\/7\/2023\/05\/Long-term-perspectives-of-shipping-industry-1.jpeg\" alt=\"Port with cargo ships docked\" \/><\/p><p><span style=\"font-weight: 400;\"><noscript><img fetchpriority=\"high\" decoding=\"async\" class=\"alignright wp-image-23761 size-full\" src=\"https:\/\/china.docshipper.com\/wp-content\/uploads\/sites\/7\/2023\/05\/Long-term-perspectives-of-shipping-industry-1.jpeg\" alt=\"Port with cargo ships docked\" width=\"400\" height=\"300\" srcset=\"https:\/\/china.docshipper.com\/wp-content\/uploads\/sites\/7\/2023\/05\/Long-term-perspectives-of-shipping-industry-1.jpeg 400w, https:\/\/china.docshipper.com\/wp-content\/uploads\/sites\/7\/2023\/05\/Long-term-perspectives-of-shipping-industry-1-300x225.jpeg 300w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/noscript>The drop-in containerized <\/span><a href=\"https:\/\/china.docshipper.com\/en\/sea-freight-services\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">freight rate<\/span><\/a><span style=\"font-weight: 400;\"> is evident in different regions, with noticeable effects in export hub regions like China and Southeast Asia. This significant drop is the consequence of dynamics changes in supply and demand, and the demand for shipping remains vulnerable due to global inflation and restricted demand.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">An uncertain future still awaits the <\/span><span style=\"color: #993300;\"><b>shipping industry<\/b><\/span><span style=\"font-weight: 400;\">, as there is low consumer demand in North Europe and the slow recovery of the Chinese <\/span><span style=\"color: #993300;\"><b>container trade<\/b><\/span><span style=\"font-weight: 400;\"> market, which suggest continued difficulties for the industry. Container prices and rates in mega hub ports across Asia, such as Ningbo, Shanghai, and Singapore have <\/span><a href=\"https:\/\/www.reuters.com\/business\/retail-consumer\/some-ocean-shipping-rates-collapsing-real-price-relief-is-months-away-2023-01-09\/#:~:text=The%20cost%20to%20send%20a,to%20freight%20booking%20platform%20Freightos.\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">considerably dropped<\/span><\/a><span style=\"font-weight: 400;\"> in the last year, indicating this situation may persist for some time.<\/span><\/p><p><span style=\"font-weight: 400;\">The Chinese exports to different regions are in contrast: decline to the EU and US in 2022, while the <\/span><span style=\"color: #993300;\"><b>container pick up<\/b><\/span><span style=\"font-weight: 400;\"> to Russia is surging. The China shipping industry has recovered and recorded a trade surplus that keeps increasing. However, the trend in export growth slowed down as the year progressed. Unfortunately, the sluggish export growth will be a continuation for outbound containers trade.\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-713f2edb elementor-widget elementor-widget-heading\" data-id=\"713f2edb\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Specialist\u2019s viewpoint toward current container trade\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6f311304 elementor-widget elementor-widget-text-editor\" data-id=\"6f311304\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Many specialists have viewed the <\/span><span style=\"color: #993300;\"><b>shipping trend<\/b><\/span> <span style=\"font-weight: 400;\">as a threat to global academics. Mr. Christian Roeloffs, CEO &amp; Co-Founder, of <\/span><a href=\"https:\/\/china.docshipper.com\/en\/freight-forwarders-sourcing-supply-agent-france\/\" target=\"_blank\" rel=\"noopener\"><b>Container<\/b><\/a> <span style=\"font-weight: 400;\">xChange believed that this container\u2019s price decrease trend will impede economic growth and <\/span><span style=\"color: #993300;\"><b>global trade<\/b><\/span><span style=\"font-weight: 400;\"><span style=\"color: #993300;\">.<\/span> More than that, he indicates the lack of demand for long term commitments will affect the <\/span><span style=\"color: #993300;\"><b>container market<\/b><\/span><span style=\"font-weight: 400;\"> uncertainty. Despite demand for containers in Intra-Asia trade being better compared to other regions, the midterm outlook does not suggest an increase which was observed back in 2020 and 2021. Falling rates and shortage in <\/span><span style=\"color: #993300;\"><b>container trade<\/b><\/span> <span style=\"font-weight: 400;\">suggest a weak demand and slower economic growth.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Additionally, <\/span><a href=\"https:\/\/www.ft.com\/content\/d739cd47-e434-43c3-9b4e-472bcef4abaf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">John McCown<\/span><\/a><span style=\"font-weight: 400;\">, a founder of advisory firm Blue Alpha Capital, indicates that the elastic container rates will change the market power to carriers in the long term. They will get more aggressive to cut back the capacity of their vessels.<\/span><\/p><p><span style=\"font-weight: 400;\">In conclusion, the global<\/span><span style=\"color: #993300;\"><b> shipping industry<\/b><\/span><span style=\"font-weight: 400;\"> is still facing an unpredictable situation, with container rates collapsing, weak demand from inflation and a shift from<\/span><span style=\"color: #993300;\"><b> trade routes<\/b><\/span><span style=\"font-weight: 400;\"> (more increase in export pattern from China to Russia). It is difficult to witness the rebound of the current shipping industry, but the situation can be recovered in the future.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1e99a294 overflow-hidden elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1e99a294\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-484eeaac\" data-id=\"484eeaac\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6952977a elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"6952977a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">DocShipper Advice<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-23a2ce7b elementor-widget-tablet__width-initial elementor-widget elementor-widget-heading\" data-id=\"23a2ce7b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Need Optimal Shipping Solutions for Trade?\n\n\n\n\n\n<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1a1b3a34 elementor-widget elementor-widget-text-editor\" data-id=\"1a1b3a34\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: left;\"><span style=\"font-weight: 400;\">If you can\u2019t consider the best <\/span><a href=\"https:\/\/china.docshipper.com\/en\/contact\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">shipping solution<\/span><\/a><span style=\"font-weight: 400;\"> for your international trade business, DocShipper will provide you with the optimal solution related to international trade in the areas of its expertise including shipping, sourcing and 3PL. Find out our <\/span><a href=\"https:\/\/china.docshipper.com\/en\/contact\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">services websites<\/span><\/a><span style=\"font-weight: 400;\"> and an expert will connect to you.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4c402865 elementor-widget__width-auto elementor-widget elementor-widget-docshipper-button-widget\" data-id=\"4c402865\" data-element_type=\"widget\" data-widget_type=\"docshipper-button-widget.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\r\n    <div class=\"btn-wrapper\">\r\n        <a class=\"btn btn-base\" href=\"https:\/\/china.docshipper.com\/en\/contact\/\n\">\r\n            Contact us                            <span class=\"float-end\">\r\n                    <svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-angle-right\" viewBox=\"0 0 256 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M224.3 273l-136 136c-9.4 9.4-24.6 9.4-33.9 0l-22.6-22.6c-9.4-9.4-9.4-24.6 0-33.9l96.4-96.4-96.4-96.4c-9.4-9.4-9.4-24.6 0-33.9L54.3 103c9.4-9.4 24.6-9.4 33.9 0l136 136c9.5 9.4 9.5 24.6.1 34z\"><\/path><\/svg>                <\/span>\r\n                    <\/a>\r\n    <\/div>\r\n\r\n    \t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-2e18926e\" data-id=\"2e18926e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-19a82e87 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"19a82e87\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3d8776e8\" data-id=\"3d8776e8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1167c792 elementor-widget elementor-widget-heading\" data-id=\"1167c792\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Contemporary China container pick up\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-743a774e elementor-widget elementor-widget-heading\" data-id=\"743a774e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"> Sluggish market recovery in China container market<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1e680c70 elementor-widget elementor-widget-text-editor\" data-id=\"1e680c70\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #993300;\"><b>Container trade patterns<\/b><\/span><span style=\"font-weight: 400;\"> and rates remain to be low. The recovery of <\/span><span style=\"color: #993300;\"><b>Chinese container markets<\/b><\/span><span style=\"font-weight: 400;\"> was influenced by Chinese exports which are<\/span><a href=\"https:\/\/www.freshplaza.com\/asia\/article\/9506073\/weak-demand-leads-to-build-up-of-containers-in-chinese-ports\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\"> below the expectation of bouncing back<\/span><\/a><span style=\"font-weight: 400;\"> after Chinese\u2019s new year. In October 2022, an oversupply of containers led carriers to seek ways to <\/span><span style=\"color: #993300;\"><b>reduce their inventory<\/b><\/span><span style=\"font-weight: 400;\"><span style=\"color: #993300;\">.<\/span> However, due to worldwide inflation and limited demand, there has been a significant decline in spot rates, contract rates, and <\/span><span style=\"color: #993300;\"><b>container prices<\/b><\/span><span style=\"font-weight: 400;\">. The major Asia-US route has seen a sharp decrease in freight prices, dropping by 80%.<\/span><\/p><p><img decoding=\"async\" class=\"alignright\" src=\"https:\/\/china.docshipper.com\/wp-content\/uploads\/sites\/7\/2023\/05\/Shipping-cost-decline-1.png\" alt=\"Contemporary china container pick up\" width=\"302\" height=\"226\" \/><\/p><p><span style=\"font-weight: 400;\">The statistics are not optimistic about <\/span><span style=\"color: #993300;\"><b>container market pick up<\/b><\/span><span style=\"font-weight: 400;\">, a report from Container Xchange noted that shipping freights between Asia and the US on the West Coast and East Coast in January 2023 will be 11% and 84% lower, respectively, than in January 2020 and 2022.<\/span><\/p><p><span style=\"font-weight: 400;\">The same situation also happens in North Europe where consumer demand is unlikely to recover soon.\u00a0 January 2023 witnessed the rates for picking up 20ft containers and 40ft HC containers from China to North European ports were low, averaging $861 and $823, respectively. Compared back to January 2022, the average pickup fee for a 40HC container on this same route exceeded $3,000. The prices of 20ft containers in the top three ports of Asia: Ningbo, Shanghai and Singapore <\/span><a href=\"https:\/\/www.container-xchange.com\/press-center\/a-deep-dive-into-asias-container-trade-container-xchange-asia-market-update-february23\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">all observed plunging<\/span><\/a><span style=\"font-weight: 400;\"> with <\/span><span style=\"font-weight: 400;\">Ningbo decreased from $2,460 to $1,290, Shanghai from $2,370 to $1,270, and in Singapore went down from $2,410 to $1,240.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-443120d5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"443120d5\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2fbe0315\" data-id=\"2fbe0315\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-23663b98 elementor-widget elementor-widget-heading\" data-id=\"23663b98\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">China shipping performance toward different regions\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-30cf5aae elementor-widget elementor-widget-heading\" data-id=\"30cf5aae\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Low export performance between China container trade with US and EU\n<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-60c06bb4 elementor-widget elementor-widget-text-editor\" data-id=\"60c06bb4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400\">Despite all challenges back in 2022, China still experiences a <\/span><span style=\"color: #993300\"><b>trade<\/b><\/span><span style=\"font-weight: 400\"> surplus which grew 29.7% from the pandemic year. <\/span><a href=\"https:\/\/edition.cnn.com\/2023\/01\/13\/economy\/china-exports-struggle-reopening-2022-intl-hnk\/index.html\" target=\"_blank\" rel=\"noopener\"><b>The export growth<\/b><\/a><span style=\"font-weight: 400\"> is large initially in the first quarter, but as the year progresses, it will particularly slow down when Interest rates were raised by central banks to combat inflation.&nbsp;&nbsp;&nbsp;<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4e4b7ef8 elementor-widget elementor-widget-heading\" data-id=\"4e4b7ef8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Low export performance between China container trade with US and EU\n<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-17a0b77b elementor-widget elementor-widget-text-editor\" data-id=\"17a0b77b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\"><img decoding=\"async\" class=\"alignleft wp-image-23768  entered lazyloaded\" src=\"https:\/\/china.docshipper.com\/wp-content\/uploads\/sites\/7\/2023\/05\/Russia-trade-all-time-high-record.jpg\" sizes=\"(max-width: 400px) 100vw, 400px\" srcset=\"https:\/\/china.docshipper.com\/wp-content\/uploads\/sites\/7\/2023\/05\/Russia-trade-all-time-high-record.jpg 400w, https:\/\/china.docshipper.com\/wp-content\/uploads\/sites\/7\/2023\/05\/Russia-trade-all-time-high-record-300x225.jpg 300w\" alt=\"Port of Hong Kong\" width=\"308\" height=\"231\" data-lazy-srcset=\"https:\/\/china.docshipper.com\/wp-content\/uploads\/sites\/7\/2023\/05\/Russia-trade-all-time-high-record.jpg 400w, https:\/\/china.docshipper.com\/wp-content\/uploads\/sites\/7\/2023\/05\/Russia-trade-all-time-high-record-300x225.jpg 300w\" data-lazy-sizes=\"(max-width: 400px) 100vw, 400px\" data-lazy-src=\"https:\/\/china.docshipper.com\/wp-content\/uploads\/sites\/7\/2023\/05\/Russia-trade-all-time-high-record.jpg\" data-ll-status=\"loaded\" \/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-23768 size-full\" src=\"https:\/\/china.docshipper.com\/wp-content\/uploads\/sites\/7\/2023\/05\/Russia-trade-all-time-high-record.jpg\" alt=\"Port of Hong Kong\" width=\"400\" height=\"300\" srcset=\"https:\/\/china.docshipper.com\/wp-content\/uploads\/sites\/7\/2023\/05\/Russia-trade-all-time-high-record.jpg 400w, https:\/\/china.docshipper.com\/wp-content\/uploads\/sites\/7\/2023\/05\/Russia-trade-all-time-high-record-300x225.jpg 300w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/noscript>The exports to Russia increased when<\/span><a href=\"https:\/\/www.reuters.com\/markets\/europe\/china-russia-trade-has-surged-countries-grow-closer-2022-03-01\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\"> Russia opened more trade routes with China.<\/span><\/a><span style=\"font-weight: 400;\"> The exports index to Russia increased 8.3%. According to GAC, China&#8217;s imports of coal and oil from Russia helped the two countries&#8217; goods trade reach 1.28 trillion yuan ($190 billion) in 2022, a 30% increase from 2021. Even though the ratio has increased in China-Russia trade, picking-up rate for leasing containers from Shanghai to Moscow has plunged from <\/span><span style=\"font-weight: 400;\">$2,425 in January 2022 to $832.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-d921c10 overflow-hidden elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d921c10\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-524fd2c2\" data-id=\"524fd2c2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2f8740d6 elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"2f8740d6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">DocShipper Alert<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-29e5d94f elementor-widget elementor-widget-heading\" data-id=\"29e5d94f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Is Your Russia Shipping Strategy Secure?<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-73ce3a72 elementor-widget elementor-widget-text-editor\" data-id=\"73ce3a72\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Companies must be alert about shipping to Russia and vice versa due to the sensitivity in politics. Before starting trade with Russia, it is wise to connect to a 3PL service provider like DocShipper who has professionals with years of experience when it comes to logistics and suggest the most optimal logistics solution. <a href=\"https:\/\/china.docshipper.com\/en\/contact\/\" target=\"_blank\" rel=\"noopener\">Get in touch<\/a> with us through <\/span><span style=\"font-weight: 400;\">websites<\/span><span style=\"font-weight: 400;\"> for more experts solution.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4bd57f82 elementor-widget__width-auto elementor-widget elementor-widget-docshipper-button-widget\" data-id=\"4bd57f82\" data-element_type=\"widget\" data-widget_type=\"docshipper-button-widget.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\r\n    <div class=\"btn-wrapper\">\r\n        <a class=\"btn btn-base\" href=\"https:\/\/china.docshipper.com\/en\/contact\/\n\">\r\n            Contact us now                            <span class=\"float-end\">\r\n                    <svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-angle-right\" viewBox=\"0 0 256 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M224.3 273l-136 136c-9.4 9.4-24.6 9.4-33.9 0l-22.6-22.6c-9.4-9.4-9.4-24.6 0-33.9l96.4-96.4-96.4-96.4c-9.4-9.4-9.4-24.6 0-33.9L54.3 103c9.4-9.4 24.6-9.4 33.9 0l136 136c9.5 9.4 9.5 24.6.1 34z\"><\/path><\/svg>                <\/span>\r\n                    <\/a>\r\n    <\/div>\r\n\r\n    \t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-7e62bfb5 elementor-hidden-mobile\" data-id=\"7e62bfb5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-32f38730 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"32f38730\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-22a07c42\" data-id=\"22a07c42\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-40bef07c elementor-widget elementor-widget-heading\" data-id=\"40bef07c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">South-East Asia experience slump in container\u2019s pick-up\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-16a6d66d elementor-widget elementor-widget-text-editor\" data-id=\"16a6d66d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><img decoding=\"async\" class=\"alignleft\" src=\"https:\/\/china.docshipper.com\/wp-content\/uploads\/sites\/7\/2023\/05\/Container-price-contnue-to-drop-min.png\" \/><\/p><p><span style=\"font-weight: 400;\">Southeast Asia also experienced a significant drop-in <\/span><a href=\"https:\/\/www.container-xchange.com\/press-center\/a-deep-dive-into-asias-container-trade-container-xchange-asia-market-update-february23\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\"><span style=\"color: #993300;\"><strong>freight rate<\/strong> <strong>and container prices<\/strong><\/span><\/span><\/a><span style=\"font-weight: 400;\"><strong>,<\/strong> the same as China. According to the statistics, the average <span style=\"color: #993300;\"><strong>container<\/strong><\/span> price fell by 32% Y-O-Y, from $3,798 in January 2022 to 2,590 in January 2023.\u00a0 Pickup fees dropped \u00a0 by 78% from $311 in December 2022 to $67 in January 2023 and the average pickup fees on the South-east Asia-US trade route decreased by 6.38% in January 2023.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1da9ddf3 elementor-widget elementor-widget-heading\" data-id=\"1da9ddf3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Conclusion\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1448e8ea elementor-widget elementor-widget-text-editor\" data-id=\"1448e8ea\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400\">In conclusion, the China <span style=\"color: #993300\"><strong>container trade<\/strong><\/span> market has been struggling with slow market pickup in recent times. Low <span style=\"color: #993300\"><strong>containers pick up<\/strong><\/span> rates have affected international trade and the global economy.&nbsp; It is difficult to adapt to these uncertainties, therefore you will need DocShipper. We have expertise in dealing and consulting with shipping, sourcing, 3PL or moving.&nbsp; DocShipper was established specifically to redefine the international logistics process. <\/span><a href=\"https:\/\/china.docshipper.com\/en\/contact\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">Contact us<\/span><\/a><span style=\"font-weight: 400\"> to find out how we assist you.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6ba1da66 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6ba1da66\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7fddc4b3\" data-id=\"7fddc4b3\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-58402d4b elementor-widget elementor-widget-heading\" data-id=\"58402d4b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">FAQ | China\u2019s Container Trade Market Faces Challenges in Achieving Market Growth\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8c59b70 elementor-widget elementor-widget-docshipper-accordion-faq-widget\" data-id=\"8c59b70\" data-element_type=\"widget\" data-widget_type=\"docshipper-accordion-faq-widget.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t        <div class=\"goal-area\">\r\n            <div class=\"row\">\r\n                <div class=\"faq-tab-area faq-accordion\">\r\n                    <div class=\"tab-content\" id=\"faq-tabContent\">\r\n                        <div class=\"tab-pane fade show active\" role=\"tabpanel\" id=\"docshipper-faq\">\r\n                            <div class=\"accordion-area-2 accordion\">\r\n                                                                    <div class=\"accordion-card-2 show\">\r\n                                        <h3 class=\"accordion-header\">                                        <button class=\"accordion-button\">\r\n                                            Why containers prices dropping in 2023?                                        <\/button>\r\n                                        <span class=\"plus-icon\">\r\n                                            <svg width=\"40\" height=\"41\" viewBox=\"0 0 40 41\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\r\n                                                <rect y=\"0.285156\" width=\"40\" height=\"40\" rx=\"20\" fill=\"white\" \/>\r\n                                                <path d=\"M20 13.2852V27.2852M13 20.2852H27\" stroke=\"#182230\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" \/>\r\n                                            <\/svg>\r\n                                        <\/span>\r\n                                        <span class=\"minus-icon\">\r\n                                            <svg width=\"40\" height=\"41\" viewBox=\"0 0 40 41\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\r\n                                                <rect y=\"0.285156\" width=\"40\" height=\"40\" rx=\"20\" fill=\"white\" \/>\r\n                                                <g clip-path=\"url(#clip0_305_7058)\">\r\n                                                    <path d=\"M13 20.2852H27\" stroke=\"#AD1225\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" \/>\r\n                                                <\/g>\r\n                                                <defs>\r\n                                                    <clipPath id=\"clip0_305_7058\">\r\n                                                        <rect width=\"24\" height=\"24\" fill=\"white\" transform=\"translate(8 8.28516)\" \/>\r\n                                                    <\/clipPath>\r\n                                                <\/defs>\r\n                                            <\/svg>\r\n                                        <\/span>\r\n                                        <\/h3>                                        <div class=\"accordion-collapse collapse\" style=\"display:block\">\r\n                                            <div class=\"accordion-body\">\r\n                                                <section class=\"sc_fs_faq sc_card \"><div><div><p>Container price is affected by the containerized freight rates. Containerized freight rates drop simultaneously due to global inflation and slow recovery in China export.<\/p><\/div><\/div><\/section>                                            <\/div>\r\n                                        <\/div>\r\n                                    <\/div>\r\n                                                                    <div class=\"accordion-card-2 \">\r\n                                        <h3 class=\"accordion-header\">                                        <button class=\"accordion-button\">\r\n                                            Why the trade route between China - US decline, while with Russia increase?                                        <\/button>\r\n                                        <span class=\"plus-icon\">\r\n                                            <svg width=\"40\" height=\"41\" viewBox=\"0 0 40 41\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\r\n                                                <rect y=\"0.285156\" width=\"40\" height=\"40\" rx=\"20\" fill=\"white\" \/>\r\n                                                <path d=\"M20 13.2852V27.2852M13 20.2852H27\" stroke=\"#182230\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" \/>\r\n                                            <\/svg>\r\n                                        <\/span>\r\n                                        <span class=\"minus-icon\">\r\n                                            <svg width=\"40\" height=\"41\" viewBox=\"0 0 40 41\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\r\n                                                <rect y=\"0.285156\" width=\"40\" height=\"40\" rx=\"20\" fill=\"white\" \/>\r\n                                                <g clip-path=\"url(#clip0_305_7058)\">\r\n                                                    <path d=\"M13 20.2852H27\" stroke=\"#AD1225\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" \/>\r\n                                                <\/g>\r\n                                                <defs>\r\n                                                    <clipPath id=\"clip0_305_7058\">\r\n                                                        <rect width=\"24\" height=\"24\" fill=\"white\" transform=\"translate(8 8.28516)\" \/>\r\n                                                    <\/clipPath>\r\n                                                <\/defs>\r\n                                            <\/svg>\r\n                                        <\/span>\r\n                                        <\/h3>                                        <div class=\"accordion-collapse collapse\" style=\"display:none\">\r\n                                            <div class=\"accordion-body\">\r\n                                                <section class=\"sc_fs_faq sc_card \"><div><div><section class=\"sc_fs_faq sc_card \"><div><div><p>Russia has exported more to China after sanctions from US and Europe, results in the increased in trade pattern.<\/p><\/div><\/div><\/section><\/div><\/div><\/section>                                            <\/div>\r\n                                        <\/div>\r\n                                    <\/div>\r\n                                                                    <div class=\"accordion-card-2 \">\r\n                                        <h3 class=\"accordion-header\">                                        <button class=\"accordion-button\">\r\n                                            What are the potential implications if these challenges persist?                                        <\/button>\r\n                                        <span class=\"plus-icon\">\r\n                                            <svg width=\"40\" height=\"41\" viewBox=\"0 0 40 41\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\r\n                                                <rect y=\"0.285156\" width=\"40\" height=\"40\" rx=\"20\" fill=\"white\" \/>\r\n                                                <path d=\"M20 13.2852V27.2852M13 20.2852H27\" stroke=\"#182230\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" \/>\r\n                                            <\/svg>\r\n                                        <\/span>\r\n                                        <span class=\"minus-icon\">\r\n                                            <svg width=\"40\" height=\"41\" viewBox=\"0 0 40 41\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\r\n                                                <rect y=\"0.285156\" width=\"40\" height=\"40\" rx=\"20\" fill=\"white\" \/>\r\n                                                <g clip-path=\"url(#clip0_305_7058)\">\r\n                                                    <path d=\"M13 20.2852H27\" stroke=\"#AD1225\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" \/>\r\n                                                <\/g>\r\n                                                <defs>\r\n                                                    <clipPath id=\"clip0_305_7058\">\r\n                                                        <rect width=\"24\" height=\"24\" fill=\"white\" transform=\"translate(8 8.28516)\" \/>\r\n                                                    <\/clipPath>\r\n                                                <\/defs>\r\n                                            <\/svg>\r\n                                        <\/span>\r\n                                        <\/h3>                                        <div class=\"accordion-collapse collapse\" style=\"display:none\">\r\n                                            <div class=\"accordion-body\">\r\n                                                <section class=\"sc_fs_faq sc_card \"><div><div><section class=\"sc_fs_faq sc_card \"><div><div><p>If these challenges persist in China's container trade market, it may lead to reduced market share, decreased profitability for industry players, limited growth opportunities, and potential negative effects on the overall economy.<\/p><\/div><\/div><\/section><\/div><\/div><\/section>                                            <\/div>\r\n                                        <\/div>\r\n                                    <\/div>\r\n                                                                    <div class=\"accordion-card-2 \">\r\n                                        <h3 class=\"accordion-header\">                                        <button class=\"accordion-button\">\r\n                                            Are there any opportunities for growth in China&#039;s container trade market?                                        <\/button>\r\n                                        <span class=\"plus-icon\">\r\n                                            <svg width=\"40\" height=\"41\" viewBox=\"0 0 40 41\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\r\n                                                <rect y=\"0.285156\" width=\"40\" height=\"40\" rx=\"20\" fill=\"white\" \/>\r\n                                                <path d=\"M20 13.2852V27.2852M13 20.2852H27\" stroke=\"#182230\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" \/>\r\n                                            <\/svg>\r\n                                        <\/span>\r\n                                        <span class=\"minus-icon\">\r\n                                            <svg width=\"40\" height=\"41\" viewBox=\"0 0 40 41\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\r\n                                                <rect y=\"0.285156\" width=\"40\" height=\"40\" rx=\"20\" fill=\"white\" \/>\r\n                                                <g clip-path=\"url(#clip0_305_7058)\">\r\n                                                    <path d=\"M13 20.2852H27\" stroke=\"#AD1225\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" \/>\r\n                                                <\/g>\r\n                                                <defs>\r\n                                                    <clipPath id=\"clip0_305_7058\">\r\n                                                        <rect width=\"24\" height=\"24\" fill=\"white\" transform=\"translate(8 8.28516)\" \/>\r\n                                                    <\/clipPath>\r\n                                                <\/defs>\r\n                                            <\/svg>\r\n                                        <\/span>\r\n                                        <\/h3>                                        <div class=\"accordion-collapse collapse\" style=\"display:none\">\r\n                                            <div class=\"accordion-body\">\r\n                                                <div id=\"pg-24040-15\" class=\"panel-grid panel-no-style\"><div id=\"pgc-24040-15-0\" class=\"panel-grid-cell\"><div id=\"panel-24040-15-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"18\"><div class=\"featured-widget panel-widget-style panel-widget-style-for-24040-15-0-0\"><div class=\"so-widget-sow-editor so-widget-sow-editor-base\"><div class=\"siteorigin-widget-tinymce textwidget\"><section class=\"sc_fs_faq sc_card \"><div><div><div id=\"pg-20546-6\" class=\"panel-grid panel-no-style\"><div id=\"pgc-20546-6-0\" class=\"panel-grid-cell\"><div id=\"panel-20546-6-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"8\"><div class=\"featured-widget panel-widget-style panel-widget-style-for-20546-6-0-0\"><div class=\"so-widget-sow-editor so-widget-sow-editor-base\"><div class=\"siteorigin-widget-tinymce textwidget\"><section class=\"sc_fs_faq sc_card \"><div><div><p>Despite the challenges, there are still opportunities for growth in China's container trade market. These may include exploring emerging markets, developing new trade routes such as the Belt and Road Initiative, and leveraging advancements in technology to enhance efficiency and customer experience.<\/p><\/div><\/div><\/section><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><\/div><\/div><\/div><\/div><\/div><\/div>                                            <\/div>\r\n                                        <\/div>\r\n                                    <\/div>\r\n                                                            <\/div>\r\n                        <\/div>\r\n                    <\/div>\r\n                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n        <script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Why containers prices dropping in 2023?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Container price is affected by the containerized freight rates. Containerized freight rates drop simultaneously due to global inflation and slow recovery in China export.\"}},{\"@type\":\"Question\",\"name\":\"Why the trade route between China - US decline, while with Russia increase?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Russia has exported more to China after sanctions from US and Europe, results in the increased in trade pattern.\"}},{\"@type\":\"Question\",\"name\":\"What are the potential implications if these challenges persist?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"If these challenges persist in China's container trade market, it may lead to reduced market share, decreased profitability for industry players, limited growth opportunities, and potential negative effects on the overall economy.\"}},{\"@type\":\"Question\",\"name\":\"Are there any opportunities for growth in China's container trade market?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Despite the challenges, there are still opportunities for growth in China's container trade market. These may include exploring emerging markets, developing new trade routes such as the Belt and Road Initiative, and leveraging advancements in technology to enhance efficiency and customer experience.\"}}]}<\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-46998fbf overflow-hidden elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"46998fbf\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-5449c87d\" data-id=\"5449c87d\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-325c774e elementor-widget elementor-widget-text-editor\" data-id=\"325c774e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tFor your business interest, you may like the following useful articles :\n\n<ul>\n<li><a href=\"https:\/\/china.docshipper.com\/en\/sourcing\/ultimate-guide-minimum-order-quantity-moq\" target=\"_blank\" rel=\"noopener\"><strong>Guide to bargain MOQ (Minium Order Quantity)<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/china.docshipper.com\/en\/logistics\/best-freight-forwarders-from-china-to-usa\/\" target=\"_blank\" rel=\"noopener\"><strong>Top Forwarder from China to USA<\/strong><\/a><\/li>\n<li><strong><a href=\"https:\/\/china.docshipper.com\/en\/sourcing\/how-find-manufacturer-china-full-guide\/\" target=\"_blank\" rel=\"noopener\">How to find a manufacturer from China [Full guide]<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/china.docshipper.com\/en\/logistics\/top-freight-forwarders-taiwan\/\" target=\"_blank\" rel=\"noopener\">TOP 8 freight forwarders in Ta\u00efwan&nbsp;<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/china.docshipper.com\/en\/logistics\/types-transportation-logistics-which-is-right-for-you\/\" target=\"_blank\" rel=\"noopener\">Types of transportation in logistics : which is right for you<\/a><\/strong><\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The container trade industry is a vital aspect of international shipping, facilitating overall movement of goods across the globe. With China being the global manufacturing hub, the container trade market has become a significant factor contributing to international logistics. However, the Chinese container trade market is currently facing challenges due to a slow market pickup,<\/p>\n","protected":false},"author":1,"featured_media":199,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-196","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-logistics"],"_links":{"self":[{"href":"https:\/\/china.docshipper.com\/en\/wp-json\/wp\/v2\/posts\/196","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/china.docshipper.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/china.docshipper.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/china.docshipper.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/china.docshipper.com\/en\/wp-json\/wp\/v2\/comments?post=196"}],"version-history":[{"count":4,"href":"https:\/\/china.docshipper.com\/en\/wp-json\/wp\/v2\/posts\/196\/revisions"}],"predecessor-version":[{"id":25800,"href":"https:\/\/china.docshipper.com\/en\/wp-json\/wp\/v2\/posts\/196\/revisions\/25800"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/china.docshipper.com\/en\/wp-json\/wp\/v2\/media\/199"}],"wp:attachment":[{"href":"https:\/\/china.docshipper.com\/en\/wp-json\/wp\/v2\/media?parent=196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/china.docshipper.com\/en\/wp-json\/wp\/v2\/categories?post=196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/china.docshipper.com\/en\/wp-json\/wp\/v2\/tags?post=196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}