U.S. Exports News

 

BIMCO: U.S. Coarse Grain "Madness" Triples Ton-Mile Demand

May 05, 2021

Record high US seaborne exports of coarse grains in March of 9.2 million tonnes took total Q1 exports to 21.3 million tonnes. This is the highest ever first quarter on record and a 120% increase from Q1 2020.Of the total 21.3m tonnes exported so far this year, 68%, or 14.6m tonnes, have gone to Asia, an increase of 208.7% from Q1 2020. For years, the trade war has lowered US exports to China, but exports…

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