September Trade Data: Significant Seasonal Drop | — Panjiva
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September Trade Data: Significant Seasonal Drop

  • By Josh Green
  • · October 12, 2011
  • ·

The word from the Panjiva research team: we experienced a significant seasonal drop in global trade activity in September.  Specifically, the number of waterborne shipments coming into the U.S. experienced a 8% month-over-month decrease from August to September.  This is sharper than August-to-September declines of years past (-7% in 2010, -5% in 2009, -5% in 2008, and flat in 2007).

The number of global manufacturers shipping to the U.S. also fell 8% from August to September.  This too is sharper than previous years’ August-to-September declines: -6% in 2010,  -5% in 2009, -7% in 2008, and -4% in 2007.

Additional notes:

  • The percentage of significant manufacturers on the Panjiva Watch List retreated slightly from 21% to 20%.
  • The percentage of significant buyers having done business with a Panjiva Watch List supplier in the preceding three months also retreated from 29% to 28%.

Methodological notes:

  • Manufacturers that have suffered a 50% or greater decline in volume shipped to American customers in the most recent three month period, versus the same period a year ago, are on the Panjiva Watch List.
  • “Significant manufacturers” are companies that have sent 10 or more shipments to American customers within the last year. As of the end of September, there were 95,191 significant manufacturers.
  • “Significant buyers” are U.S. companies that have received 10 or more shipments from overseas manufacturers within the last year. As of the end of September, there were 81,670 significant buyers.

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