Yang Ming Marine Transport Corporation and Ocean Network Shipping (ONE) announced the 2025 trans-Pacific route service network on March 28, and relevant adjustments are expected to take effect from February 2025.

Yang Ming stated that to cope with future changes in THE alliance members, Yang Ming  plans to adjust the trans-Pacific route structure starting from February 2025. 13 routes including the Southwest US, Northwest US, and East US will continue to provide customers with reliable and stable services—shipment service.

Jeremy Nixon, CEO of ONE, said, “Continuing to maintain THE Alliance’s long-standing partnership with Hanxin Shipping (HMM) and Yang Ming Marine Transport Corporation on the trans-Pacific route and adding the already announced ONE independent WIN from April 2024 After the AP1 service, ONE will deploy 16 core weekly routes on the trans-Pacific route from February 2025. Through the redesigned product, ONE aims to provide direct end-to-end service centered on quality and excellence. We hope to minimize the impact of Hapag-Lloyd’s withdrawal from THE Alliance.”


FP1 (US Southwest Line 1)
Europe – Singapore – Kobe – Nagoya – Tokyo – Los Angeles/Long Beach – Oakland – Tokyo – Shimizu ( Shimizu) – Kobe – Nagoya – Tokyo – Singapore – Europe

PS3 (US Southwest Line 3)
Nhava Sheva – Pipavav – Colombo – Port Kelang – Singapore – Cai Mep – Haiphong – Yantian – Los Angeles/Long Beach – Oakland – Tokyo – Pusan – Shanghai – Ningbo – Shekou – Singapore – Pakistan Port Kelang – Nhava Sheva

PS4 (US Southwest Line 4)
Xiamen – Yantian – Kaohsiung – Keelung – Los Angeles/Long Beach – Oakland – Keelung – Kaohsiung – Xiamen Xiamen)

PS6 (US Southwest Line 6)
Qingdao (Qingdao) – Ningbo (Ningbo) – Los Angeles/Long Beach – Oakland (Oakland) – Kobe (Kobe) – Qingdao (Qingdao)

PS7 (US Southwest Line 7)
Singapore – Laem Chabang – Cai Mep – Shanghai – Los Angeles/Long Beach – Oakland – Shanghai – Singapore Singapore)

PS8 (US Southwest Line 8)
Shanghai – Ningbo – Kwangyang – Pusan – Los Angeles/Long Beach – Oakland – Pusan – Kwangyang – Incheon – Shanghai


PN1 (Northwestern US Line 1)
Xiamen – Kaohsiung – Ningbo – Nagoya – Tokyo – Tacoma – Vancouver – Tokyo – Kobe – Nagoya ) – Xiamen

PN2 (Northwestern United States Line 2)
Singapore – Laem Chabang – Cai Mep – Haiphong – Yantian – Vancouver – Tacoma – Tokyo – Kobe ) – Shanghai – Singapore

PN3 (Northwestern United States Line 3)
Qingdao – Ningbo – Shanghai – Pusan – Vancouver – Tacoma – Pusan – Qingdao


EC1 (US East Line 1)
Kaohsiung – Yantian – Shanghai – Ningbo – Pusan – Panama Canal – New York – Norfolk – Savannah ) – (Panama Canal) – Balboa – Kaohsiung

EC2 (US East Line 2)
Xiamen – Yantian – Ningbo – Shanghai – Pusan – (Panama Canal) – Manzanillo, PA – Savannah – Charleston – Wilmington – Norfolk – Manzanillo, PA – (Panama Canal) – Pusan – Xiamen

EC5 (US East Line 5)
Laem Chabang – Cai Mep – Singapore – Colombo – Suez Canal – Halifax – New York – Chavanne (Savannah) – Jacksonville – Charleston – Norfolk – New York – Halifax – Suez Canal – Singapore – Laem Chabang

EC6 (US East Line 6)
Kaohsiung – Hong Kong – Yantian – Ningbo – Shanghai – Pusan – (Panama Canal) – Houston – Mobile – ( Panama Canal) – Panama Rodman (Rodman) – Kaohsiung (Kaohsiung)

According to customs statistics, in the first two months of 2024, the total import and export value of my country's goods trade (the same below) was 6.61 trillion yuan, a year-on-year increase of 8.7%. Among them, exports were 3.75 trillion yuan, an increase of 10.3%; imports were 2.86 trillion yuan, an increase of 6.7%; the trade surplus was 890.87 billion yuan, an increase of 23.6%. In US dollars, in the first two months, my country's total import and export value was US$930.86 billion, an increase of 5.5%. Among them, exports were US$528.01 billion, an increase of 7.1%; imports were US$402.85 billion, an increase of 3.5%; the trade surplus was US$125.16 billion, an increase of 20.5%.

The main characteristics of my country’s import and export in the first two months of 2024: General trade imports and exports grew, and their proportion increased. In the first two months, my country's general trade import and export volume was 4.34 trillion yuan, an increase of 10%, accounting for 65.7% of China's total foreign trade value, an increase of 0.8 percentage points over the same period last year. Among them, exports were 2.48 trillion yuan, an increase of 14.5%; imports were 1.86 trillion yuan, an increase of 4.6%. During the same period, the import and export of processing trade was 1.12 trillion yuan, down 3.5%, accounting for 16.9%. Among them, exports were 701.81 billion yuan, a decrease of 8.4%; imports were 418.32 billion yuan, an increase of 5.8%. In addition, my country's import and export through bonded logistics reached 886.94 billion yuan, an increase of 16.9%. Among them, exports were 346.42 billion yuan, an increase of 18.4%; imports were 540.52 billion yuan, an increase of 15.9%.

Imports and exports to ASEAN, the United States, and South Korea increased. In the first two months, ASEAN was China's largest trading partner. The total trade value between China and ASEAN was 993.24 billion yuan, an increase of 8.1%, accounting for 15% of China's total foreign trade value. Among them, exports to ASEAN were 587.9 billion yuan, an increase of 9.2%; imports from ASEAN were 405.34 billion yuan, an increase of 6.6%; the trade surplus with ASEAN was 182.56 billion yuan, an increase of 15.7%. The EU is China's second largest trading partner. The total trade value between China and the EU was 832.39 billion yuan, a decrease of 1.3%, accounting for 12.6%. Among them, exports to the EU were 555.88 billion yuan, an increase of 1.6%; imports from the EU were 276.51 billion yuan, a decrease of 6.8%; the trade surplus with the EU was 279.37 billion yuan, an increase of 11.5%. The United States is my third largest trading partner. The total trade value between China and the United States was 707.7 billion yuan, an increase of 3.7%, accounting for 10.7%. Among them, exports to the United States were 521.99 billion yuan, an increase of 8.1%; imports from the United States were 185.71 billion yuan, a decrease of 7%; the trade surplus with the United States was 336.28 billion yuan, an increase of 18.8%. South Korea is my fourth largest trading partner. The total trade value between China and South Korea was 336.92 billion yuan, an increase of 2.9%, accounting for 5.1%. Among them, exports to South Korea were 150.45 billion yuan, a decrease of 6.8%; imports from South Korea were 186.47 billion yuan, an increase of 12.3%; the trade deficit with South Korea was 36.02 billion yuan, an increase of 703.2%. During the same period, my country's total imports and exports to countries co-building the "Belt and Road" were 3.13 trillion yuan, an increase of 9%. Among them, exports were 1.75 trillion yuan, an increase of 13.5%; imports were 1.38 trillion yuan, an increase of 3.9%.

The import and export of private enterprises and state-owned enterprises increased. In the first two months, the import and export of private enterprises was 3.61 trillion yuan, an increase of 17.7%, accounting for 54.6% of China's total foreign trade value, an increase of 4.2 percentage points over the same period last year. Among them, exports were 2.45 trillion yuan, an increase of 19.2%, accounting for 65.3% of the total export value; imports were 1.16 trillion yuan, an increase of 14.6%, accounting for 40.7% of the total import value. The import and export of state-owned enterprises was 1.06 trillion yuan, an increase of 1.7%, accounting for 16.1% of China's total foreign trade value. Among them, exports were 282.86 billion yuan, a decrease of 1.6%; imports were 781.76 billion yuan, an increase of 3%. During the same period, the import and export of foreign-invested enterprises was 1.92 trillion yuan, a decrease of 1.7%, accounting for 29% of China's total foreign trade value. Among them, exports were 1.01 trillion yuan, a decrease of 3.8%; imports were 903.27 billion yuan, an increase of 0.8%.

Mechanical and electrical products accounted for nearly 60% of exports, with exports of automatic data processing equipment, integrated circuits and automobiles growing. In the first two months, my country exported 2.22 trillion yuan of mechanical and electrical products, an increase of 11.8%, accounting for 59.1% of the total export value. Among them, automatic data processing equipment and its parts were 195.45 billion yuan, an increase of 7.3%; integrated circuits were 160.71 billion yuan, an increase of 28.6%; automobiles were 111.89 billion yuan, an increase of 15.8%. During the same period, exports of Laomi products were 666.19 billion yuan, an increase of 22.2%, accounting for 17.8%. Among them, clothing and clothing accessories were 166.2 billion yuan, an increase of 16.3%; textiles were 154.33 billion yuan, an increase of 18.9%; and plastic products were 118.28 billion yuan, an increase of 26.5%. Exports of agricultural products were 105.37 billion yuan, an increase of 5.9%.

Imports of major commodities such as iron ore, crude oil, coal and natural gas increased. In the first two months, my country imported 209 million tons of iron ore, an increase of 8.1%, and the average import price (the same below) was 931.7 yuan per ton, an increase of 17.1%; crude oil was 88.308 million tons, an increase of 5.1%, and 4127.8 yuan per ton, an increase of 1.1%. %; coal 74.515 million tons, an increase of 22.9%, 756.2 yuan per ton, a decrease of 20.9%; natural gas 22.1 million tons, an increase of 23.6%, 3638.4 yuan per ton, a decrease of 21.1%; soybeans 13.037 million tons, a decrease of 8.8%, 4054.8 yuan per ton yuan, down 12.6%; refined oil products were 7.576 million tons, up 35.6%, to 4171.6 yuan per ton, up 1.1%. In addition, 4.636 million tons of primary-shaped plastics were imported, a decrease of 3.7%, to 10,300 yuan per ton, a decrease of 2.6%; 902,000 tons of unwrought copper and copper materials were imported, an increase of 2.6%, and a price of 61,400 yuan per ton was increased by 0.8%. During the same period, imported mechanical and electrical products amounted to 974.08 billion yuan, an increase of 11%. (Source: Paishuan.com)

Recently, many places have announced their foreign trade import and export "report cards" for 2023, and the import and export scale of many places has reached a record high.

According to the "Guangdong Release" public account, in 2023, Guangdong Province's total foreign trade import and export value hit a record high, reaching 8.3 trillion yuan, a year-on-year increase of 0.3%. The total value continues to rank first in the country's foreign trade, and its share in the country has risen to 19.9%.

As the core of the development of the Beijing-Tianjin-Hebei region, the Beijing region will also deliver an eye-catching foreign trade "report card" in 2023. According to Beijing Customs statistics, in 2023, Beijing's total import and export value was 3.65 trillion yuan, a year-on-year increase of 0.3%, 0.1 percentage point higher than the national growth rate. The import and export scale exceeded 3 trillion yuan for the third consecutive year, setting a new record high. . According to Shanghai Customs statistics, Shanghai's total import and export value in 2023 was 4.21 trillion yuan, also a record high.

Tian Lihui, dean of the Institute of Financial Development at Nankai University, said in an interview with a reporter from Securities Daily that the foreign trade import and export data released by various places show that the resilience and vitality of my country's foreign trade are gradually increasing. In addition, this also shows that a series of policy measures to stabilize foreign trade are effective and provide support for foreign trade companies.

Judging from national data, my country's total import and export value will reach 41.76 trillion yuan in 2023, a year-on-year increase of 0.2%. Among them, exports were 23.77 trillion yuan, an increase of 0.6%; imports were 17.99 trillion yuan, a decrease of 0.3%. The overall operation of foreign trade is stable, with an obvious improvement trend in the fourth quarter.

Looking at trends, Wang Lingjun, deputy director of the General Administration of Customs, introduced at a press conference held by the State Council Information Office on January 12 that the import and export scale in 2023 will increase quarter by quarter, with each quarter getting stronger. It was 9.69 trillion yuan in the first quarter, and it was more than 10 trillion yuan in the second, third and fourth quarters. In the fourth quarter, it was getting stronger month by month, with year-on-year growth of 0.8%, 1.3%, and 2.8% respectively. In December, it reached 3.81 trillion yuan, setting a new monthly high.

While the total value of foreign trade imports and exports in many places has hit new highs, export momentum has also shown rich and active characteristics. For example, looking at the exports of the "three new items" of electric passenger vehicles, lithium-ion batteries and solar cells, the total exports of Guangdong Province's "three new items" increased by 33.7%; Beijing's exports of electric passenger vehicles were 1.81 billion yuan, year-on-year. An increase of 12.7%. During the same period, the export of auto parts was 17.02 billion yuan, a year-on-year increase of 19.6%.

Looking at the national situation, my country's "three new" products will export a total of 1.06 trillion yuan in 2023, breaking through the trillion yuan mark for the first time, with a year-on-year growth of 29.9%. The export momentum reflects the move from Made in China to Created in China.

Regarding this year’s foreign trade import and export situation, Guo Yiming, investment advisory director of Jufeng Investment Consulting, predicted in an interview with a reporter from Securities Daily that with the shift in overseas monetary tightening policies and domestic stabilizing growth policies, my country’s import and export is expected to grow in 2024. Mild recovery. Among them, from the perspective of imports, as domestic demand increases, as subsequent companies accelerate stocking and production, it is expected to drive a further rebound in imports.
"It is expected that the import and export trend will achieve stable growth this year." Tian Lihui said that supporting factors include the increase in global market demand, the continuous improvement of the competitiveness of my country's foreign trade companies, increased support for small and medium-sized enterprises, and the rapid development of new business formats such as cross-border e-commerce. Development etc. In addition, my country will continue to adopt a series of policy measures to stabilize foreign trade, which will also provide foreign trade enterprises with a more favorable policy environment and a more complete service system, further promoting the stable growth of foreign trade. (Source: Securities Daily)