In January, the RWI/ISL Container Throughput Index recorded a strong growth, climbing from a 119.1 (revised) to 120.7 points. While this is a strong increase, it should be interpreted carefully because of the impact of the Chinese New Year holidays.
The January flash estimate is based on 36 ports, contributing 62 % to the total volumes covered by the index.
The index is based on data of 81 world container ports covering approximately 60% of worldwide container handling. The ports are continuously monitored by the ISL as part of their market analysis. 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.
The RWI/ISL Container Throughput Index for February 2016 will be published on March 22nd.