Net Containerized Traffic Change, 2003-05 / 2008-10 (in TEU)
The recent changes in net containerized traffic are reflective of the shifting commercial dynamic in the global economy. Recently, North American ports have experienced limited changes, in part due to peaking consumption levels as well as a recession (2008-10). The same applies to Japanese ports that were experiencing significant growth in the 1970s and 1980s, which was then supplemented by Korean an Taiwanese ports in the 1990s. The most significant growth dynamic is being observed along the Chinese coast where during that period the export-oriented process was in full gear. Ports of the European northern range, mostly Antwerp and Rotterdam, have grown in part due to an extensive hinterland accessibility deep inside Europe. There is also a "transshipment belt" ranging from the Strait of Malacca to the Strait of Gibraltar that has experienced notable traffic growth. It particularly concerns Singapore, Dubai, the outlet of the Suez Canal (e.g. Port Said) and the outlet of the Strait of Gibraltar (Tangier Med, Algeciras and Valencia). The Atlantic South American coast is also actively growing.