The Container Throughput Index of the RWI – Leibniz Institute for Economic Research and the ISL – Institute of Shipping Economics and Logistics decreased marginally from 133.3 points (revised) in the previous month to 133.2 points in September.
According to the most recent data, index which – an early indicator of world trade development – has been decreasing two months in a row. Meanwhile, the index is two points below its peak value of January 2018. This indicates that world trade is presently at most stagnating.
The index is based on data continuously collected from world container ports by ISL as part of its market monitoring. Because large parts of international merchandise trade are transported by ship, the development of port handling is a good indicator for world trade. As many ports release information about their activities only two weeks after the end of the respective month, the RWI/ISL Container Throughput Index is a reliable early indicator for the development of international merchandise trade and hence for the activity of the global economy. As of 2018, the index is compiled based on data of 88 ports. Together, these ports account for roughly 60% of worldwide container handling. The flash estimate for September is based on data reported by 37 ports, accounting for around 68% of the total index volume.
The RWI/ISL Container Throughput Index for October 2018 will be released on 30 November 2018.