SeaRates Freight Updates: China Market, August 2023

SeaRates provides you with innovative logistics solutions to help you find, compare, and request the best freight rates for any cargo transportation route. We are pleased to present to you the freight rates report for the Chinese market, presented by YQNLink, a Digital Freight Alliance member from China, to review freight rates on international lines.

Below is an overview of freight rates for shipping from China to various regions of the world, the market by major destinations, 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 rose by 10,1% from last month. At the same time, ocean rates to eastern USA ports increased by 6,6% respectively, from the previous month. The space and equipment availability are normal.


Freight rates overview

China - North America


Source: YQNLink

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.


Ningbo - Tacoma
From $1000
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Shanghai - Los Angeles
From $1100
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Qingdao - New York
From $2100
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Yantian - Baltimore
From $2100
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Yantian - Prince Rupert
From $900
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Shanghai - Savannah
From $1700
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*Actual rates are valid until July 31, 2023.


South America: Demand for transportation for the South American market is not sustainable. The rates for South America's base ports have decreased by 2,6% compared to last month. The space and equipment were sufficient and normal.


Freight rates overview

China - South America


Source: YQNLink

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.

Ningbo - Guayaquil
From $1300
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Shanghai - Santos
From $2200
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Shanghai - Cartagena
From $2100
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Shekou - Callao
From $1700
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Qingdao - Colon
From $1700
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Qingdao - Cartagena
From $2300
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*Actual rates are valid until July 31, 2023.


Europe: Demand for cargo shipping is showing a stable trend this month. The freight rates for transportation from Chinese ports to European base ports have decreased by 31,4% compared to last month. In addition, the freight rate from China to MED base ports also, decreased by 6,8% from last month. The space and equipment were sufficient and normal.


Freight rates overview

China - Europe


Source: YQNLink

We would like to inform you that we expect freight rates to increase on the China-Europe 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 Europe.

Ningbo - Istanbul
From $1700
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Ningbo - Napoli
From $1300
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Shanghai - Mersin
From $1600
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Shanghai - Genova
From $1300
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Qingdao - Gemlik
From $1800
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Qingdao - For Sur Mer
From $1400
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*Actual rates are valid until July 31, 2023.


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


Freight rates overview

China - Africa


Source: YQNLink


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


Ningbo - Casablanca
From $2100
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Qingdao - Beirut
From $1300
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Shekou - Dakar
From $2500
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Shanghai - Conakry
From $2600
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Shekou - Apapa
From $2600
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Ningbo - Djibouti
From $1400Check rates

*Actual rates are valid until July 31, 2023.


Middle East: Ocean rates from Chinese ports to the main Middle East ports, namely, Persian Gulf ports, decreased by 10,6% from the previous month. The space and equipment were sufficient and normal.


Freight rates overview

China - Middle East


Source: YQNLink


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


Ningbo - Jeddah
From $1400
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Shanghai - Dammam
From $1000
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Shekou - Aden
From $2000
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Qingdao - Jebel Ali
From $860
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Qingdao - Sharjah
From $1300
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Shanghai - Jebel Ali
From $1000
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*Actual rates are valid until July 31, 2023.


Asia: The freight rates from China to Australia and New Zealand base ports increased by 23,7% from last month. Additionally, ocean rates from China to Japan base ports decreased slightly compared to last month. The space and equipment availability are normal.


Freight rates overview

China - Asia


Source: YQNLink


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


Shanghai - Karachi
From $1400
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Ningbo - Nhava Sheva
From $500
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Shekou - Jakarta
From $140
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Qingdao - Chennai
From $750
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Shekou - Laem Chabang
From $61
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Ningbo - Port Klang
From $130Check rates


*Actual rates are valid until July 31, 2023.


Freight shipments from China remain on a positive trend, with sufficient equipment and space to meet the growth in demand.

Different destinations are characterized by different trends in the growth or decrease of freight rates. Demand in most regions remains very strong.

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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