Panjiva: Trade Activity Steady in June

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Panjiva: Trade Activity Steady in June

By Jordan Speer, Editor in Chief - 07/20/2012
Panjiva's research team reports that trade activity was steady in June. According to the sourcing firm, the number of waterborne shipments coming into the U.S. experienced a 2 percent month-over-month increase from May to Junerch team reports that trade activity was steady in June. . Previous year's May to June changes: -1 percent in 2011, +2 percent in 2010, -2 percent in 2009, -5 percent in 2008.

The number of global manufacturers shipping to the U.S. went up ever so slightly — +0.4 percent — from May to June. May-to-June changes in previous years: -1 percent in 2011, +1 percent in 2010, -1 percent in 2009, and -2 percent in 2008.

What's more, the percentage of significant manufacturers on the Panjiva Watch List rose slightly from 18 percent to 19 percent, while the percentage of significant buyers that have conducted business with a Panjiva Watch List supplier in the preceding three months also went up from 25 percent to 26 percent.

Methodological notes
Manufacturers that experienced a 50 percent 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.