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Narita Airport Exports Hit Record High for First Time in 14 Years

According to Tokyo Customs, exports from Narita Airport in October totaled 1,148.8 billion yen (+22% y-o-y), the largest in 14 years. The rapid resumption of economic activity in the U.S. led to a 50.2 billion yen (+51%) increase in exports of electrical measuring instruments, a major customer in the U.S., and 71.5 billion yen (+27%) in exports of scientific and optical instruments, including cameras and lenses. Sales in each region increased.

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CCFI Summary week 6

Ocean freight rates increased via the West Coast of North America (+8.4%) and via the East Coast of North America (+5.8%). Decreases were seen in South Korea (-7.7% week-on-week) and Europe (-3.4%).

CCFI Summary week 1

Ocean freight rates increased in South Korea (+4.5% week-on-week), via the East Coast of North America (+4.0%), and Europe (+6.6%). Freight rates decreased via the West Coast of North America (-1.5%).

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