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The 30 Largest Container Ports in the World
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The 30 Largest Container Ports in the World

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How many of the 30 largest container ports in the world (by million teu*) are in each region?

How many of the 30 largest container ports in the world (by million teu*) are in each region?

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  • 1. 2013/2014 WINNING IN GROWTH CITIES: INDUSTRIAL A Cushman & Wakefield Capital Markets Research Publication INTRA-ASIA : SUSTAINING GLOBAL TRADE Although the global economy is showing the first tentative steps towards recovery, the previous few years have seen a number of countries struggle with weak demand and reduced trade volumes. In particular, the traditional busy trade route between Europe and the US has eased, and instead the highest trade growth has been seen in the intra Asia market. Interestingly, the development of intra-Asia market Interestingly intra-Asia trade is not purely a China based phenomenon; growth and increasing demand have also been prevalent in other Asian countries such as Vietnam and Indonesia, and this has helped push trade volumes upwards. Nevertheless, the impact of China’s influence in trading volumes and shaping trends clearly cannot be discounted. China remains at the forefront of trade within the region, not only due to its expanding consumer market and the subsequent rise in demand for goods but also due to the decisions of its manufacturers. For example, manufacturing companies in China are increasingly using other less expensive locations to undertake low cost manufacturing. This includes both domestic companies in China and international operators that are moving their manufacturing bases away from China to other Asian markets. With China’s rising costs, some companies are having to either move up the value chain of manufacturing or outsource certain operations to lower cost locations, such as Vietnam and Cambodia. Consequently, this has had a positive effect in terms of boosting trade across these countries and highlights the current strength of intra-Asia intra Asia trade from a global perspective perspective. Further, rising intra-Asia trade will have an effect on infrastructure quality and provision. Lloyds List Intelligence reports that the size of vessels using routes between North and Southeast Asia have become noticeably larger, most between 5,000 and 7,499 TEU’s.* These figures from August 2013 show that vessel size has increased by 30%, highlighting the strength of the intra-Asia routes. intra Asia Consequently, this will increase the pressure on existing port infrastructure; as larger vessels are used on these routes, facilities may have to be upgraded or enlarged to cope with demand. Thus as intra-Asia trade continues to grow it will not only improve infrastructure quality but also extend the supply chain and expand economic corridors within the region. Second and third tier cities will become increasingly connected, such as cities in Western China, and will see further benefits from global and regional trade. HOW MANY OF THE 30 LARGEST CONTAINER PORTS IN THE WORLD (BY MILLION TEU*) ARE IN EACH REGION? ASIA PACIFIC 20 ports EMEA 7 ports THE AMERICAS 3 ports Source: Journal of Commerce 2012 *TEU: twenty-foot equivalent unit (an approximate measurement for a cargo container) 4