Box shortage in India may be easing a little, but trade imbalance widens

The container shortage in India is improving, according to Maersk.

However, the carrier’s Q3 trade report highlights the continuation of the country’s lopsided trade flow.

“With 14% quarter-on-quarter growth, India’s containerised exports are helping the country’s trade recover,” says Maersk. “Slow yet steady revival of imports further contributes towards an overall improvement.”

Overall, Q3 volumes in India were down 8% year on year – exports up 14% and imports down 28%, although up 30% on Q2.