The Container Throughput Index of the RWI – Leibniz Institute for Economic Research and the ISL – Institute of Shipping Economics and Logistics recorded a strong increase during January 2018, climbing from a value of 131.9 in December 2017 (revised figure) to 134.4 in January 2018. This is one of the highest monthly growth rates observed during the last eleven years. As such, it would seem that world trade continues to grow noticeably. However, because of the rather late Chinese New Year festivities, a clearer picture will present itself with the compilation of the February figures.
The Container Throughput Index of the RWI – Leibniz Institute for Economic Research and the ISL – Institute of Shipping Economics and Logistics recorded a strong increase during January 2018, climbing from a value of 131.9 in December 2017 (revised figure) to 134.4 in January 2018.
This is one of the highest monthly growth rates observed during the last eleven years. As such, it would seem that world trade continues to grow noticeably. However, because of the rather late Chinese New Year festivities, a clearer picture will present itself with the compilation of the February figures.
As usual, at the start of every year, the index compilation process is updated. This time, six new ports have been added: Alexandria (Egypt), Rio Grade do Sul (Brazil), Cartagena (Columbia), Bandar Abbas (Iran), Piraeus (Greece), and Sines (Portugal).
This update is partially responsible for the strong revision (+1.3 points) of the December 2017 figure. On average the values for 2017 are now higher by 1.1 points. After including the aforementioned ports, the seasonally adjusted RWI/ISL-Container-Throughput Index seems to be even more closely correlated to the recent world trade development, although the changes to the long-run time series are effectively quite small.
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 ~60% of worldwide container handling. The flash-estimate for January is based on data reported by 44 ports, accounting for three quarters of the total index volume.
The RWI/ISL-Container Throughput Index for February 2018 will be released on 20 March 2018.
Prof. Dr. Roland Döhrn, Tel.: +49 (201) 8149-262
Jörg Schäfer (Press Office RWI), Tel.: +49 (201) 8149-244
http://en.rwi-essen.de/media/content/pages/forschung-und-beratung/containerindex... - Index-Graph in printable resolution
https://www.rwi-essen.de/media/content/pages/forschung-und-beratung/containerind... - Index data
http://en.rwi-essen.de/forschung-und-beratung/wachstum-konjunktur-oeffentliche-f... - further information about the RWI/ISL-RWI/ISL-Container Throughput Index
Jörg Schäfer | idw - Informationsdienst Wissenschaft
Microtechnology industry is hiring – positive developments of past years continue
09.04.2018 | IVAM Fachverband für Mikrotechnik
RWI/ISL-Container Throughput Index with minor decline on a high overall level
20.03.2018 | RWI – Leibniz-Institut für Wirtschaftsforschung
Researchers at the University of Bayreuth have discovered an unusual material: When cooled down to two degrees Celsius, its crystal structure and electronic properties change abruptly and significantly. In this new state, the distances between iron atoms can be tailored with the help of light beams. This opens up intriguing possibilities for application in the field of information technology. The scientists have presented their discovery in the journal "Angewandte Chemie - International Edition". The new findings are the result of close cooperation with partnering facilities in Augsburg, Dresden, Hamburg, and Moscow.
The material is an unusual form of iron oxide with the formula Fe₅O₆. The researchers produced it at a pressure of 15 gigapascals in a high-pressure laboratory...
Study by Mainz physicists indicates that the next generation of neutrino experiments may well find the answer to one of the most pressing issues in neutrino physics
Among the most exciting challenges in modern physics is the identification of the neutrino mass ordering. Physicists from the Cluster of Excellence PRISMA+ at...
Fraunhofer researchers are investigating the potential of microimplants to stimulate nerve cells and treat chronic conditions like asthma, diabetes, or Parkinson’s disease. Find out what makes this form of treatment so appealing and which challenges the researchers still have to master.
A study by the Robert Koch Institute has found that one in four women will suffer from weak bladders at some point in their lives. Treatments of this condition...
The operational speed of semiconductors in various electronic and optoelectronic devices is limited to several gigahertz (a billion oscillations per second). This constrains the upper limit of the operational speed of computing. Now researchers from the Max Planck Institute for the Structure and Dynamics of Matter in Hamburg, Germany, and the Indian Institute of Technology in Bombay have explained how these processes can be sped up through the use of light waves and defected solid materials.
Light waves perform several hundred trillion oscillations per second. Hence, it is natural to envision employing light oscillations to drive the electronic...
Most natural and artificial surfaces are rough: metals and even glasses that appear smooth to the naked eye can look like jagged mountain ranges under the microscope. There is currently no uniform theory about the origin of this roughness despite it being observed on all scales, from the atomic to the tectonic. Scientists suspect that the rough surface is formed by irreversible plastic deformation that occurs in many processes of mechanical machining of components such as milling.
Prof. Dr. Lars Pastewka from the Simulation group at the Department of Microsystems Engineering at the University of Freiburg and his team have simulated such...
12.02.2020 | Event News
16.01.2020 | Event News
15.01.2020 | Event News
27.02.2020 | Life Sciences
27.02.2020 | Life Sciences
27.02.2020 | Life Sciences