The Container Throughput Index of the RWI - Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) has risen again slightly to 139.2 in August, thus reaching a new all-time high according to the current flash estimate in July.
The most important results:
- The Container Throughput Index of the RWI - Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) has risen slightly to 139.2 in August according to the current flash estimate. It surpasses the previous peak of July 2019 by 0.2 points and has risen by 0.6 points since January 2019.
- The July value remains unchanged from the flash estimate.
- It is necessary to keep in mind that motor vehicles whose exports are currently weak are not transported in containers and therefore are not included in the index.
- The flash estimate for August is based on data from 42 ports, which account for around 71% of the turnover represented by the index.
- The RWI / ISL Container Throughput Index for September 2019 will be published on October 24, 2019.
Regarding the development of the index, RWI Chief Economist Roland Döhrn says: "Container handling remains remarkably robust despite simmering trade conflicts."
About the RWI/ISL container handling index:
The index includes the data on container transhipment in 83 international ports, which are continuously collected by the ISL as part of its market observation and account for around 60 percent of global container transhipment. Since international trade is mainly handled by sea, container transhipments allow reliable conclusions to be drawn about world trade. Because many ports already report on their activities two weeks after the end of a month, the RWI/ISL Container Handling Index is a reliable early indicator of the development of international trade in processed goods and thus also of global economic activity.