Tuesday, August 16, 2011

Japans Imports/Exports Post Quake

Japan’s earthquake and subsequent tsunami March 11th 2011 transformed more than just the entire face of the landscape. Prior to the disaster shipments from Japan made up 15% of traffic in the port of Los Angeles. Now the country’s absence is obvious.

Exports to Japan have also have dropped. After the tragedy power outages and physical damage has dramatically reduced the refrigeration capacity at many northern ports. Fresh fruit had been a large export from the U.S. to Japan. Some of these shipments have been diverted to other ports while many perishable shipments have been canceled all together.

Other Asian nations have also been impacted from the lack of exports from Japan. Primarily the impacts are from the inability to get automotive and other digital components. Countries like Taiwan, South Korea, and Thailand use these automotive parts in their manufacturing services. All Asian nations can expect to experience the ripple effects from the Japanese trouble.

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