October brought mixed signals for global trade. The Container Throughput Index, jointly published by RWI-Leibniz Institute and ISL, slipped slightly to 131.7 points, down from September’s revised 132.3. A sharp drop in activity at Chinese ports, offset by growth in Europe, paints a picture of shifting global dynamics.
Chinese ports saw throughput plunge from 145.5 to 143.1 points, reflecting mounting economic challenges and weakening foreign trade. Meanwhile, the North Range Index, a key barometer for Northern Europe and Germany's economic health, jumped from 111.6 to 113.4 points—marking a recovery in European ports.
The broader trend suggests a cooling period after years of rapid growth. As China grapples with economic headwinds, Europe's trade recovery offers a silver lining, bolstering hopes for regional resilience