Europe trade falling, Asia is improving
THE RATE of decline in Australia and Oceania’s exports to Europe has halved, but there are mixed signs for a possible recovery in the troubled trade.
European Liner Affairs Association (ELAA) figures released this week showed that Australia’s containerised exports to Europe fell 12% in August compared with the same month in 2008.
Just 11,695 teu headed north from the region in August, though this was...
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