June Trade Data – Steady Going (For Now)
The word from the Panjiva research team: trade activity was steady in June. Specifically, the number of waterborne shipments coming into the U.S. experienced a 2% month-over-month increase from May to June. Previous year’s May to June changes: -1% in 2011, +2% in 2010, -2% in 2009, -5% in 2008.
The number of global manufacturers shipping to the U.S. went up ever so slightly — +0.4% — from May to June. May-to-June changes in previous years: -1% in 2011, +1% in 2010, -1% in 2009, and -2% in 2008.
Additional notes:
- The percentage of significant manufacturers on the Panjiva Watch List went up from 18% to 19%.
- The percentage of significant buyers having done business with a Panjiva Watch List supplier in the preceding three months also went up from 25% to 26%.
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 June, there were 95,939 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 June, there were 82,489 significant buyers.