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India’s shipping slump: Cargo traffic collapses 42% from China to US as slowdown deepens
China‑to‑US cargo traffic falls 42% in October, signalling a global trade slowdown impacting Asia exports.
Trade data show that cargo shipments from China to the United States fell 42% in October, as Chinese exports declined 1.1% year‑on‑year. Logistics firms and export‑oriented sectors in Asia are bracing for weaker volumes.
The sharp drop adds to signs of global trade slowdown and may pressure export‑driven growth in countries like India and Vietnam. Companies are now exploring circuit‑breaking strategies, including near‑shoring and regional diversification.
For investors, logistics indices and shipping costs may be early indicators of broader economic stress.