March 3, 2025 | Page 26

Trans-Pacific Maritime
Special Report
Trans-Pacific trade rebounds from post-pandemic lull Total containerized US trade with Asia , in laden TEUs , with year-over-year change
25,000,000
20,000,000
4.6 %
5 %
4.9 %
-2.5 %
2.1 %
7.3 %
-1.8 %
-9.7 %
12.3 %
10,000,000 15,000,000
L
10,000,000
5,000,000
1,253,369 0
L 2016 2017 2018 2019 2020 2021 2022 2023 2024
Source : S & P Global © 2025 S & P Global
Shutterstock . com
US imports from Asia hit new high-water mark in 2024 Containerized US imports from Asia , in laden TEUs , with year-over-year change
24,993,261
US exports to Asia slip after strong 2023 Containerized US exports to Asia , in laden TEUs , with year-over-year change
7,991,375
7,000,000
20,000,000
13.5 % -0.5 %
17.5 %
6,000,000
5.9 % 0.4 %
-2.3 % -0.7 %
-3.2 %
15,000,000
4 %
7 %
7.9 %
-3.2 %
4.1 %
-13.3 %
5,000,000
-10.1 %
-6.5 %
4.1 %
-3.7 %
10,000,000
L
4,000,000 1,000,000
L
10,000,000
3,000,000
5,000,000
2,000,000
1,000,000
0 L 2016 2017 2018 2019 2020 2021 2022 2023 2024
0 L 2016 2017 2018 2019 2020 2021 2022 2023 2024
Source : S & P Global
© 2025 S & P Global
Source : S & P Global
© 2025 S & P Global
Shutterstock . com
26 Journal of Commerce | March 3 , 2025 www . joc . com