Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Trade

Maritime Silk Road Index sees drastic rise in March

April 28, 2019


Abstract : The Maritime Silk Road Index (STI) revealed more robust trade in March than in February between China and the countries along the 21st Century Maritime Silk Road.

BEIJING, April 27 (Xinhua) -- The Maritime Silk Road Index (STI) revealed more robust trade in March than in February between China and the countries along the 21st Century Maritime Silk Road.

The overall import and export index surged by 46.42 percent month on month to 146.49 in March, marking a rise of 11.89 percent year on year, according to the data released Friday by the Ningbo Shipping Exchange.

The March sub-index for export jumped by 59.54 percent from February to 153.94, up 21.17 percent from a year earlier, while that for import reached 137.71, up 32.11 percent month on month and 1.65 percent year on year.

The sub-index tracking the imports and exports between China and Southeast Asia surged by 57.93 percent from February to 148.65, the highest among all five region-specific sub-indexes.

The sub-index for China and South Asia came in with the second-highest month-on-month rise of 33.84 percent in March, followed by 30.92 percent for China and Central and Eastern Europe, 30.85 percent for China and the Middle East and 29.16 percent for China and Red Sea region.

Sub-indexes for containerized cargo, bulk cargo and liquid cargo all reported a month-on-month rise of more than 30 percent in March.

According to an analysis of the exchange, China's trade with major regions along the 21st Maritime silk Road rebounded by varying degrees in March after a seasonal decline caused by the Spring Festival.

The monthly index was officially launched in May 2017 to track the trade development between China and the major countries participating in the Maritime Silk Road cooperation under the Belt and Road Initiative.

Scan the QR code and push it to your mobile phone

Keyword: STI-index B&R-countries

Reading:

Belt and Road provides development opportunities for all participants: Chinese diplomat

Interview: BRI a great idea with perspective, first president of Kazakhstan says

Spotlight: World leaders laud BRI's substantial progress, envision promising future

Interview: British business leader calls for embracing China-proposed BRI

Interview: Cooperation under BRI to benefit people around world: Philippine official

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial