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 37.6% from last month. At the same time, ocean rates to eastern USA ports rose by 19.3%, respectively, from the previous month. The space and equipment availability are normal.
Freight rates overview
China - North America
Source: YQN
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 $1500 | Check rates |
| Shanghai - Los Angeles | From $3000 | Check rates |
| Qingdao - New York | From $3600 | Check rates |
| Shanghai - Baltimore | From $4000 | Check rates |
| Yantian - Prince Rupert | From $1800 | Check rates |
| Shanghai - Savannah | From $3600 | Check rates |
*Actual rates are valid until January 31, 2024.
South America: Shipping demand for the South American market is remains stable. The rates for South America's base ports have increased by 19.4% 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.
| Ningbo - Guayaquil | From $1800 | Check rates |
| Shanghai - Santos | From $2500 | Check rates |
| Shanghai - Cartagena | From $3300 | Check rates |
| Shekou - Callao | From $1400 | Check rates |
| Qingdao - Colon | From $3500 | Check rates |
| Qingdao - Cartagena | From $2300 | Check rates |
*Actual rates are valid until January 31, 2024.
Europe: Demand for cargo shipping is stable. The freight rates for transportation from Chinese ports to European base ports have increased by 80% compared to last month. In addition, the freight rate from China to MED base ports also increased by 70% 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.
| Ningbo - Istanbul | From $2000 | Check rates |
| Ningbo - Napoli | From $6400 | Check rates |
| Shanghai - Mersin | From $2100 | Check rates |
| Shanghai - Genova | From $1500 | Check rates |
| Qingdao - Gemlik | From $6600 | Check rates |
| Qingdao - For Sur Mer | From $5500 | Check rates |
*Actual rates are valid until January 31, 2024.
Africa: Freight rates for African ports are increasing a lot 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.
| Ningbo - Casablanca | From $5400 | Check rates |
| Qingdao - Beirut | From $6400 | Check rates |
| Shekou - Cape Town | From $1400 | Check rates |
| Shanghai - Conakry | From $3300 | Check rates |
| Shekou - Apapa | From $2500 | Check rates |
*Actual rates are valid until January 31, 2024.
Middle East: Ocean rates from Chinese ports to the main Middle East ports, namely, Persian Gulf ports, decreased by 38.5% 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.
| Ningbo - Jeddah | From $2200 | Check rates |
| Shanghai - Dammam | From $2200 | Check rates |
| Shekou - Jebel Ali | From $1200 | Check rates |
| Ningbo - Abu Dhabi | From $2900 | Check rates |
| Qingdao - Jebel Ali | From $2200 | Check rates |
| Shanghai - Sharjah | From $1700 | Check rates |
*Actual rates are valid until January 31, 2024.
Asia: The freight rates from China to Australia and New Zealand base ports increased by 13.9% 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: 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 | Check rates |
| Shanghai - Surabaya | From $300 | Check rates |
| Shekou - Jakarta | From $390 | Check rates |
| Qingdao - Nhava Sheva | From $1000 | Check rates |
| Ningbo - Laem Chabang | From $170 | Check rates |
| Ningbo - Port Klang | From $130 | Check rates |
*Actual rates are valid until January 31, 2024.
Cargo transportation from China remains positive, with sufficient equipment and space to meet growing demand.
Each of the destinations is characterized by a tendency to increase freight rates due to the sensitive situation in the Red Sea, namely the disruption of the Suez Canal. Demand in most regions remains very high.
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.
