SeaRates Freight Updates: China Market, December 2023

8 gru 2023 Sophia Shkuro Sophia Shkuro

SeaRates is committed to providing you with innovative logistics capabilities to assist you in finding, comparing, and requesting the best freight rates for any cargo delivery route. We are pleased to introduce you to the Freight Rates Report for the Chinese market, presented by YQN, a Digital Freight Alliance member from China, to review freight rates on international lines.

Below is an overview of freight rates for the transportation of goods from China to various destinations around the world, the market for the main routes, as well as the space and equipment required for them.


Overview of freight rates from China to different regions


Shipping from China to most regions is now characterized by stable demand and no supply chain problems. The statistical data illustrates the growth of freight rates in most cases. Check out the insights below for detailed information by region:


North America: The freight rates from China ports to western USA ports increased by 1.2% from last month. At the same time, ocean rates to eastern USA ports rose by 5.6%, respectively, from the previous month. The space and equipment availability are normal, and slight increase in cargo volume highlighted.


Freight rates overview

China - North America


Source: YQN

We would like to inform you that we expect freight rates to increase on the China-North America trade route soon. We recommend our customers plan their shipments accordingly and consider booking in advance to guarantee sufficient space and avoid possible delays.


The following are examples of the most cost-effective rates for the transportation of 20-foot FCL containers from China to North America.


Shanghai - Seattle (Wa)
From $1400
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Qingdao - Edmonton
From $2900
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Shanghai - New York
From $2800
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Shenzhen - Long Beach
From $1400
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Shekou - Baltimore
From $3000
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Shanghai - Vancouver
From $1100
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*Actual rates are valid until December 31, 2023.


South America: Shipping demand for the South American market is remains stable. A slight fluctuation in overall cargo volume noted. The rates for South America's base ports have decreased by 4.5% compared to last month. The space and equipment were sufficient and normal.


Freight rates overview

China - South America


Source: YQN

We would like to inform you that we expect freight rates to increase on the China-South America trade route soon. We recommend our customers plan their shipments accordingly and consider booking in advance to guarantee sufficient space and avoid possible delays.


The following are examples of the most cost-effective rates for the transportation of 20-foot FCL containers from China to South America.

Yantian - Guayaquil
From $1700
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Shekou - Santos
From $2700
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Yantian - Cartagena
From $2100
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Shanghai - Callao
From $1200
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Shanghai - Buenos Aires
From $1900
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Qingdao - Manzanillo
From $1300
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*Actual rates are valid until December 31, 2023.


Europe: Demand for cargo shipping is stable. The freight rates for transportation from Chinese ports to European base ports have increased by 9.2% compared to last month. In addition, the freight rate from China to MED base ports also increased by 6.6% from last month. The space and equipment were sufficient and normal.


Freight rates overview

China - Europe


Source: YQN


The following are examples of the most cost-effective rates for the transportation of 20-foot FCL containers from China to Europe.

Qingdao - Bremerhaven
From $1000
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Qingdao - Antwerpen
From $500
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Qingdao - Genova
From $900
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Wuhan - Lisboa
From $2500
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Shanghai - Rotterdam
From $900
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Shanghai - Fos Sur Mer
From $1200
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*Actual rates are valid until December 31, 2023.


Africa: Freight rates for African ports keep decreasing compared to last month. Also, space and equipment were sufficient and normal.


Freight rates overview

China - Africa


Source: YQN


The following are examples of the most cost-effective rates for the transportation of 20-foot FCL containers from China to Africa.


Qingdao - Agadir
From $3000
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Shekou - Beirut
From $1800
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Qingdao - Djibouti
From $1500
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Shanghai - Cape Town
From $1600
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Shanghai - Apapa
From $2000
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*Actual rates are valid until December 31, 2023.


Middle East: Shipping demand shows a stability trend, with a slight decrease in cargo volume. Ocean rates from Chinese ports to the main Middle East ports, namely, Persian Gulf ports, decreased by 3.8% from the previous month. The space and equipment were sufficient and normal.


Freight rates overview

China - Middle East


Source: YQN


The following are examples of the most cost-effective rates for the transportation of 20-foot FCL containers from China to the Middle East.


Shanghai - Abu Dhabi
From $1100
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Shanghai - Dammam
From $1200
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Ningbo - Dubai
From $1300
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Ningbo - Abu Dhabi
From $1200
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Qingdao - Sharjah
From $1500
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Shekou - Jebel Ali
From $1100
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*Actual rates are valid until December 31, 2023.


Asia: The freight rates from China to Australia and New Zealand base ports decreased by 0.8% from last month. Additionally, ocean rates from China to Japan base ports keep stable compared to last month. Demand in the Oceania shipping market is stable. However, the space and equipment availability are normal.


Freight rates overview

China - Asia


Source: YQN


The following are examples of the most cost-effective rates for the transportation of 20-foot FCL containers from China to Asia.


Ningbo - Pusan
From $6
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Shanghai - Surabaya
From $300
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Shenzhen - Nhava Sheva
From $550
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Qingdao - Pipavav
From $800
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Ningbo - Laem Chabang
From $170
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Shanghai - Klang
From $60Check rates


*Actual rates are valid until December 31, 2023.


Cargo transportation from China remains positive, with sufficient equipment and space to meet growing demand.

Different destinations are characterized by different trends in freight rates, either upward or downward. However, there is a general downward trend in freight rates for transportation from China. Demand in most regions remains very high, particularly during the peak season.


On SeaRates.com, you can find and compare the cheapest rates for any route for your shipments. If you want to receive a personalized offer, send a request and our manager will contact you and provide an individual offer depending on your requirements.

Sophia Shkuro is a content manager from Dnipro, Ukraine. Believes that the more complex a thing is, the easier it should be to write about it. Dreams of a future vacation by the sea.

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