Global Freight Market Update from China — January 2026 | SINO Shipping
LA
Lucas Arillotta
Graduate of IPAG Business School & Yunnan University — International Business & Logistics
Last updated on
The essentials of the article
  • CNY Impact: Chinese New Year (Feb 17) drives pre-holiday rush — factories closing 2+ weeks, book now.
  • Europe up 27%: Main ports (Hamburg, Rotterdam, Southampton) rates climbed — pre-CNY capacity tighter.
  • Americas stable: US West Coast from $2,000/20GP, Mexico normalized after December surge (-40%).

SINO Shipping Global Market Monthly Update — January 2026

January 2026 at a glance: Chinese New Year (February 17) is the defining event. Pre-CNY booking rush has tightened capacity across most lanes. Europe FCL rates jumped 27% from December, while US rates stabilized and Mexico normalized. Air freight steady but expect surge in final two weeks before CNY.

↑
Rates Up
Europe · India · Bangladesh
+22% to +27% — Book urgently
↓
Rates Down
Mexico · Brazil · Americas
−30% to −40% — Lock in savings
🎆
CNY Alert
All lanes · Feb 17 holiday
Factory shutdown — Book by early Feb

🔍 Why rates moved

🎆
Chinese New Year Feb 17 shutdown driving pre-CNY rush
📦
Pre-CNY Capacity EU lanes tighter; space booking surging
🇲🇽
Mexico Normalized Dropped 40% from December peak
🌊
Red Sea Stable Cape detours fully priced in

⚡ What to do now

🎆 Book by early Feb CNY shutdown approaching — secure space NOW
💰 Lock US/MX savings Mexico -40%, US West Coast value
⚠️ EU rates up Europe +27% — budget accordingly

Source: SINO Shipping quotes, carrier filings, EAA Network. Rates are typical ex-China FCL/air spot unless noted.

Americas — January 2026

Mexico normalized after December's surge (−40%), while US rates stabilized with West Coast at $2,000/20GP. Brazil dropped further (−30%). Pre-CNY booking creating minor capacity tightness across lanes.

💰
Mexico Value Window

Mexico rates dropped −40% from December surge. Now at $1,620–1,980/40GP — excellent value before CNY. Book by early Feb.

🎆
CNY Booking Deadline

Chinese New Year is February 17. Final booking window for pre-CNY arrivals closing early February. Factories shut 2+ weeks.

🇺🇸
USA
≈ 0%
$2,875 (40GP)
🇨🇦
Canada
≈ 0%
$4,300 (40GP)
🇲🇽
Mexico
↓ −40%
$1,800 (40GP)
🇧🇷
Brazil
↓ −30%
$1,750 (40GP)
🇨🇱
Chile
≈ 0%
$2,900 (40GP)

Why it moved

  • 🇲🇽 Mexico correction — December's nearshoring-driven surge normalized; rates back to sustainable levels.
  • 🇺🇸 US stability — West Coast from $2,000/20GP offering best value; East Coast premium at $2,650.
  • 🇧🇷 Brazil continues down — Overcapacity on Santos/Paranagua lanes; excellent window for South America imports.
  • 🎆 CNY factor — Pre-holiday rush creating booking urgency; carriers prioritizing confirmed bookings.
  • ✈️ Air steady — US air at $7/kg stable; expect surge in final weeks before CNY shutdown.

Rates at a glance

Rates table — Americas (USD)
Country Sea 20GP Sea 40GP LCL /CBM Air /kg Express /kg Transit
🌎 North America
🇺🇸 United States$2,000–2,650$2,350–3,400$118$7.0$11.29–13d
🇨🇦 Canada$3,285–4,015$3,870–4,730$180$5.2$9.19–11d
🇲🇽 Mexico$1,530–1,870$1,620–1,980$134$9.0$15.210–12d
Central America
🇧🇿 Belize$2,520–3,080$2,700–3,300$85$9.5$15.210–12d
🇨🇷 Costa Rica$2,520–3,080$2,700–3,300$82$9.5$14.88–15d
🇸🇻 El Salvador$2,520–3,080$2,700–3,300$85$9.5$15.010–14d
🇬🇹 Guatemala$2,520–3,080$2,700–3,300$85$9.5$14.88–13d
🇭🇳 Honduras$2,520–3,080$2,700–3,300$85$9.5$15.210–15d
🇳🇮 Nicaragua$2,520–3,080$2,700–3,300$85$9.5$15.09–13d
🇵🇦 Panama$2,520–3,080$2,700–3,300$78$9.5$14.410–14d
🏝️ Caribbean
🇦🇬 Antigua & Barbuda$5,940–7,260$6,840–8,360$125$10.0$16.59–13d
🇧🇸 Bahamas$5,940–7,260$6,840–8,360$120$10.0$16.010–12d
🇧🇧 Barbados$5,940–7,260$6,840–8,360$122$10.0$16.210–14d
🇨🇺 Cuba$5,940–7,260$6,840–8,360$130$10.0$17.08–11d
🇩🇲 Dominica$5,940–7,260$6,840–8,360$125$10.0$16.510–12d
🇩🇴 Dominican Rep.$5,940–7,260$6,840–8,360$115$10.0$15.89–12d
🇬🇩 Grenada$5,940–7,260$6,840–8,360$125$10.0$16.510–12d
🇭🇹 Haiti$5,940–7,260$6,840–8,360$128$10.0$16.810–15d
🇯🇲 Jamaica$5,940–7,260$6,840–8,360$118$10.0$16.09–14d
🇰🇳 St Kitts & Nevis$5,940–7,260$6,840–8,360$125$10.0$16.59–13d
🇱🇨 St Lucia$5,940–7,260$6,840–8,360$125$10.0$16.59–13d
🇻🇨 St Vincent$5,940–7,260$6,840–8,360$125$10.0$16.59–10d
🇹🇹 Trinidad & Tobago$5,940–7,260$6,840–8,360$118$10.0$15.89–13d
🌎 South America
🇦🇷 Argentina$1,700–2,050$1,850–2,550$96$9.2$14.710–14d
🇧🇴 Bolivia$1,700–2,100$1,800–2,200$98$9.0$15.010–12d
🇧🇷 Brazil$1,008–1,232$1,575–1,925$76$9.0$14.48–13d
🇨🇱 Chile$2,520–3,080$2,700–3,300$85$9.0$10.99–12d
🇨🇴 Colombia$1,700–2,100$1,900–2,300$82$9.0$14.410–13d
🇪🇨 Ecuador$1,700–2,100$1,900–2,300$84$9.0$14.48–14d
🇬🇾 Guyana$2,144–2,621$2,459–3,006$95$9.4$15.011–15d
🇵🇾 Paraguay$2,144–2,621$2,459–3,006$98$9.4$15.210–12d
🇵🇪 Peru$1,700–2,100$1,800–2,200$80$9.0$15.010–12d
🇸🇷 Suriname$2,144–2,621$2,459–3,006$95$9.4$15.210–12d
🇺🇾 Uruguay$1,800–2,200$2,000–2,500$92$11.0$17.69–11d
🇻🇪 Venezuela$2,144–2,621$2,459–3,006$95$9.4$15.010–12d

What this means for shippers

  • 🇺🇸 USA West Coast → Best value at $2,000/20GP. Lock in before CNY — East Coast premium at $2,650.
  • 🇲🇽 Mexico → Grab the savings. −40% from December — excellent window for nearshoring shipments. Book by early Feb.
  • 🇧🇷 Brazil → Outstanding value. 40GP from $1,575 — best rates in 18 months. Secure before CNY closure.
  • 🇨🇦 Canada → Stable pricing. Vancouver/Toronto rates unchanged — good time for longer-term contracts.
  • 🎆 CNY deadline → All lanes: Book by early February. Factory shutdown Feb 17 for 2+ weeks. Final call.

Europe — January 2026

Europe reversed course: main ports jumped +27% on pre-CNY rush. Hamburg, Rotterdam, Southampton all at $2,790–3,410/40GP. Rail options competitive for time-sensitive cargo. Air steady with good capacity.

⚠️
Pre-CNY Rate Surge

European FCL rates up +27% from December. Pre-CNY rush tightening capacity. Book urgently — final window before Feb 17 shutdown.

🇩🇪
Germany
↑ +27%
$3,100 (40GP)
🇬🇧
UK
↑ +27%
$3,100 (40GP)
🇳🇱
Netherlands
↑ +27%
$3,100 (40GP)
🇫🇷
France
↑ +27%
$3,100 (40GP)
🇧🇪
Belgium
↑ +27%
$3,100 (40GP)

Why it moved

  • 🎆 Pre-CNY rush — Shippers racing to book before factory shutdown; carriers raising rates on strong demand.
  • 📦 Capacity tightening — Space booking at premium; carriers prioritizing confirmed bookings.
  • 🚂 Rail competitive — China-Europe rail at 12–14 days offering alternative for time-sensitive cargo.
  • ✈️ Air stable — Post-holiday air capacity available; $6.75–7.3/kg across major EU airports.

Rates at a glance

Rates table — Europe (USD)
Country Sea 20GP Sea 40GP LCL /CBM Air /kg Express /kg Rail LCL Rail 20GP Rail 40GP Transit
Western Europe (Main Ports)
🇧🇪 Belgium$1,755–2,145$2,790–3,410$73$6.75$10.8$195$4,905–5,995$7,290–8,91025–26d
🇫🇷 France$1,755–2,145$2,790–3,410$30$6.95$11.1$210$5,049–6,171$7,344–8,97625–28d
🇩🇪 Germany$1,755–2,145$2,790–3,410$73$6.9$11.0$200$4,851–5,929$7,056–8,62425–33d
🇮🇪 Ireland$1,755–2,145$2,790–3,410$78$7.2$11.5———25–27d
🇱🇺 Luxembourg$1,755–2,145$2,790–3,410$75$6.3$10.1$195$4,905–5,995$7,290–8,91025–34d
🇳🇱 Netherlands$1,755–2,145$2,790–3,410$52$6.9$11.0$195$4,905–5,995$7,290–8,91025–32d
🇬🇧 United Kingdom$1,755–2,145$2,790–3,410$57$7.3$11.7$229$4,554–5,566$6,623–8,09525–28d
🇦🇩 Andorra$1,381–1,688$2,205–2,695$85$6.3$10.1———25–30d
🇱🇮 Liechtenstein$1,381–1,688$2,205–2,695$85$6.3$10.1———25–34d
🇲🇨 Monaco$1,381–1,688$2,205–2,695$85$6.3$10.1———25–28d
Northern Europe (Scandinavia & Baltics)
🇩🇰 Denmark$1,530–1,870$2,340–2,860$78$6.8$10.9$195$3,861–4,719$5,616–6,86425–32d
🇫🇮 Finland$1,597–1,952$2,587–3,162$85$6.8$10.9$210$4,158–5,082$6,048–7,39225–33d
🇮🇸 Iceland$1,597–1,952$2,587–3,162$95$6.8$10.9———25–33d
🇳🇴 Norway$1,665–2,035$2,835–3,465$88$6.9$11.0———25–28d
🇸🇪 Sweden$1,597–1,952$2,587–3,162$82$6.8$10.9$205$4,059–4,961$5,904–7,21625–27d
🇪🇪 Estonia$1,597–1,952$2,587–3,162$88$6.8$10.9———25–33d
🇱🇻 Latvia$1,597–1,952$2,587–3,162$88$6.8$10.9———25–33d
🇱🇹 Lithuania$1,597–1,952$2,587–3,162$86$6.8$10.9———25–32d
Southern Europe (Mediterranean)
🇨🇾 Cyprus$1,949–2,382$2,970–3,630$92$7.0$11.2———25–28d
🇬🇷 Greece$1,949–2,382$2,970–3,630$90$7.0$11.2———25–31d
🇮🇹 Italy$2,070–2,530$3,060–3,740$72$6.7$10.7$215$4,257–5,203$6,192–7,56825–34d
🇲🇹 Malta$1,949–2,382$2,970–3,630$95$7.0$11.2———25–27d
🇵🇹 Portugal$1,665–2,035$2,655–3,245$78$6.9$11.0———25–26d
🇪🇸 Spain$2,115–2,585$3,195–3,905$75$7.26$11.6$220$4,356–5,324$6,336–7,74425–31d
🇹🇷 Turkey$1,314–1,606$2,295–2,805$65$6.5$10.4———9–10d
🇸🇲 San Marino$2,151–2,630$2,771–3,386$85$6.8$10.9———25–29d
🇻🇦 Vatican City$2,151–2,630$2,771–3,386$85$6.8$10.9———25–32d
Central Europe
🇦🇹 Austria$1,530–1,870$2,520–3,080$75$6.7$10.7$200$3,960–4,840$5,760–7,04025–32d
🇨🇿 Czech Republic$1,440–1,760$2,250–2,750$72$7.5$12.0$190$3,762–4,598$5,472–6,68825–32d
🇭🇺 Hungary$1,440–1,760$2,250–2,750$74$7.5$12.0$190$3,762–4,598$5,472–6,68825–27d
🇵🇱 Poland$1,440–1,760$2,250–2,750$68$7.5$12.0$180$3,564–4,356$5,184–6,33625–31d
🇸🇰 Slovakia$1,440–1,760$2,250–2,750$74$7.5$12.0$190$3,762–4,598$5,472–6,68825–27d
🇨🇭 Switzerland$2,610–3,190$4,050–4,950$95$6.9$11.0$210$4,158–5,082$6,048–7,39225–32d
Eastern Europe
🇧🇾 Belarus$1,440–1,760$2,250–2,750$78$7.5$12.0$160$3,168–3,872$4,608–5,63225–30d
🇧🇬 Bulgaria$1,440–1,760$2,250–2,750$80$7.5$12.0———25–26d
🇲🇩 Moldova$1,440–1,760$2,250–2,750$85$7.5$12.0———25–35d
🇷🇴 Romania$1,440–1,760$2,250–2,750$78$7.5$12.0———25–30d
🇷🇺 Russia$2,151–2,630$2,771–3,386$65$6.8$10.9$140$2,772–3,388$4,032–4,92810–12d
🇺🇦 Ukraine$1,440–1,760$2,250–2,750$78$7.5$12.0———25–31d
Balkans
🇦🇱 Albania$1,949–2,382$2,970–3,630$88$7.0$11.2———25–29d
🇧🇦 Bosnia$1,949–2,382$2,970–3,630$90$7.0$11.2———25–33d
🇭🇷 Croatia$1,949–2,382$2,970–3,630$85$7.0$11.2———25–28d
🇲🇪 Montenegro$1,949–2,382$2,970–3,630$90$7.0$11.2———25–29d
🇲🇰 North Macedonia$1,949–2,382$2,970–3,630$88$7.0$11.2———25–32d
🇷🇸 Serbia$1,949–2,382$2,970–3,630$86$7.0$11.2———25–27d
🇸🇮 Slovenia$1,949–2,382$2,970–3,630$82$7.0$11.2———25–32d

What this means for shippers

  • 🚢 Main ports (NL/DE/BE/UK) → Budget +27% vs December. Pre-CNY demand driving rates up — book immediately.
  • 🚂 Rail option → Consider China-Europe rail. 12–14 days transit competitive for time-sensitive cargo before CNY.
  • 🎆 CNY deadline → Book by early February. Final window for pre-CNY arrivals to Europe. Factories closing Feb 17.
  • ✈️ Air freight → Good capacity at $6.75–7.3/kg. Post-holiday lull — excellent for urgent shipments.
  • 📅 Post-CNY outlook → Expect rate softening in late February as factories reopen and capacity normalizes.

Africa — January 2026

South Africa stable at competitive rates, Nigeria holding with unique 20GP=40GP pricing, North Africa steady. Pre-CNY bookings active across all lanes. Air capacity good with Johannesburg and Nairobi as main hubs.

🇿🇦
South Africa
≈ 0%
$3,200 (40GP)
🇳🇬
Nigeria
≈ 0%
$3,490 (20GP=40GP)
🇪🇬
Egypt
≈ 0%
$3,400 (40GP)
🇲🇦
Morocco
≈ 0%
$4,500 (40GP)
🇰🇪
Kenya
≈ 0%
$1,900 (40GP)

Why it moved

  • 🎆 CNY pre-booking — African importers securing capacity before factory shutdown; steady demand.
  • 🌊 Cape routing standard — Red Sea detours fully normalized; transit times consistent at +7–10 days.
  • 🇳🇬 Nigeria pricing — Unique 20GP=40GP structure continues — excellent value for full containers.
  • ✈️ Air hubs stable — Johannesburg and Nairobi with good capacity at $7/kg and $5.5/kg respectively.

Rates at a glance

Rates table — Africa (USD)
Country Sea 20GP Sea 40GP LCL /CBM Air /kg Express /kg Transit
🏜️ North Africa
🇩🇿 Algeria$4,950–6,050$7,515–9,185$210$7.2$10.935–44d
🇪🇬 Egypt$3,015–3,685$3,960–4,840$85$6.3$10.134–45d
🇱🇾 Libya$3,622–4,427$4,995–6,105$98$6.3$10.134–43d
🇲🇦 Morocco$3,622–4,427$4,995–6,105$88$6.3$10.132–45d
🇸🇩 Sudan$5,490–6,710$5,643–6,897$105$6.5$10.435–37d
🇹🇳 Tunisia$3,622–4,427$4,995–6,105$85$6.3$10.132–34d
West Africa
🇧🇯 Benin$2,524–3,085$2,841–3,472$78$8.7$13.933–34d
🇧🇫 Burkina Faso$2,524–3,085$2,841–3,472$82$8.7$13.934–36d
🇨🇻 Cabo Verde$2,151–2,630$2,771–3,386$95$6.8$10.935–43d
🇬🇲 Gambia$2,524–3,085$2,841–3,472$85$8.7$13.932–40d
🇬🇭 Ghana$2,295–2,805$2,430–2,970$72$8.56$13.732–42d
🇬🇳 Guinea$2,524–3,085$2,841–3,472$85$8.7$13.932–37d
🇬🇼 Guinea-Bissau$2,524–3,085$2,841–3,472$88$8.7$13.933–44d
🇨🇮 Ivory Coast$2,295–2,805$2,745–3,355$75$9.2$14.733–36d
🇱🇷 Liberia$2,524–3,085$2,841–3,472$88$8.7$13.935–42d
🇲🇱 Mali$2,524–3,085$2,841–3,472$85$8.7$13.933–37d
🇲🇷 Mauritania$2,524–3,085$2,841–3,472$90$8.7$13.932–44d
🇳🇪 Niger$2,524–3,085$2,841–3,472$88$8.7$13.935–42d
🇳🇬 Nigeria$3,105–3,878$3,105–3,878$68$7.2$11.535–38d
🇸🇳 Senegal$2,151–2,630$2,771–3,386$78$6.8$10.934–39d
🇸🇱 Sierra Leone$2,524–3,085$2,841–3,472$88$8.7$13.934–42d
🇹🇬 Togo$2,268–2,772$2,736–3,344$75$10.0$16.033–44d
🌳 Central Africa
🇨🇲 Cameroon$2,524–3,085$2,841–3,472$78$8.7$13.932–38d
🇨🇫 Central African Rep.$3,061–3,742$3,422–4,183$95$8.6$13.832–44d
🇹🇩 Chad$2,524–3,085$2,841–3,472$92$8.7$13.933–39d
🇨🇬 Congo$3,061–3,742$3,422–4,183$88$8.6$13.834–36d
🇨🇩 DR Congo$3,600–4,400$4,005–4,895$85$8.5$13.632–37d
🇬🇶 Equatorial Guinea$3,061–3,742$3,422–4,183$95$8.6$13.833–43d
🇬🇦 Gabon$3,061–3,742$3,422–4,183$88$8.6$13.834–40d
🇸🇹 São Tomé$3,061–3,742$3,422–4,183$98$8.6$13.834–39d
🦁 East Africa
🇧🇮 Burundi$2,151–2,630$2,771–3,386$92$6.8$10.935–41d
🇰🇲 Comoros$2,000–2,500$2,500–3,100$105$6.0$11.532–37d
🇩🇯 Djibouti$1,440–1,760$1,710–2,090$65$5.5$8.834–39d
🇪🇷 Eritrea$1,440–1,760$1,710–2,090$70$5.5$8.833–38d
🇪🇹 Ethiopia$1,440–1,760$1,710–2,090$62$5.5$8.833–39d
🇰🇪 Kenya$1,440–1,760$1,710–2,090$58$5.5$8.835–43d
🇲🇬 Madagascar$2,000–2,500$2,500–3,100$82$6.0$11.532–35d
🇲🇼 Malawi$1,800–2,200$2,900–3,500$88$7.0$11.534–39d
🇲🇺 Mauritius$2,000–2,500$2,500–3,100$78$6.0$11.533–37d
🇲🇿 Mozambique$1,800–2,200$2,900–3,500$82$7.0$11.534–41d
🇷🇼 Rwanda$6,750–8,250$7,740–9,460$105$7.0$11.235–42d
🇸🇨 Seychelles$2,000–2,500$2,500–3,100$95$6.0$11.533–42d
🇸🇴 Somalia$1,440–1,760$1,710–2,090$72$5.5$8.835–41d
🇸🇸 South Sudan$1,440–1,760$1,710–2,090$85$5.5$8.832–44d
🇹🇿 Tanzania$1,440–1,760$1,710–2,090$58$5.5$8.835–44d
🇺🇬 Uganda$1,440–1,760$1,710–2,090$65$5.5$8.832–37d
Southern Africa
🇦🇴 Angola$1,800–2,200$2,900–3,500$100$7.0$11.533–38d
🇧🇼 Botswana$1,800–2,200$2,900–3,500$85$7.0$11.533–34d
🇸🇿 Eswatini$1,800–2,200$2,900–3,500$88$7.0$11.532–35d
🇱🇸 Lesotho$1,800–2,200$2,900–3,500$90$7.0$11.534–43d
🇳🇦 Namibia$1,800–2,200$2,900–3,500$82$7.0$11.534–38d
🇿🇦 South Africa$1,800–2,200$2,900–3,500$68$7.0$11.535–44d
🇿🇲 Zambia$1,800–2,200$2,900–3,500$85$7.0$11.532–38d
🇿🇼 Zimbabwe$1,800–2,200$2,900–3,500$88$7.0$11.534–39d

What this means for shippers

  • 🇿🇦 South Africa → Competitive rates at $1,800–2,200/20GP. Good value — book before CNY for March arrivals.
  • 🇳🇬 Nigeria → 20GP=40GP advantage. Same price for both container sizes — maximize 40GP for value.
  • 🇰🇪 East Africa → Air value at $5.5/kg. Kenya/Tanzania rates competitive; Mombasa sea reliable.
  • 🎆 CNY deadline → Book by early February. Extended transit times to Africa mean early booking essential.
  • 📋 Documentation → SONCAPs and COCs ready. West Africa compliance critical — prepare docs early.

Middle East — January 2026

Gulf rates stable with UAE tri-port options (Jebel Ali best value at $2,100/20GP). Saudi competitive with dual-port coverage. Air excellent via Dubai and Doha hubs. Pre-CNY bookings active.

🇦🇪
UAE
≈ 0%
$2,920 (40GP)
🇸🇦
Saudi Arabia
≈ 0%
$2,700 (40GP)
🇮🇱
Israel
≈ 0%
$2,700 (40GP)
🇰🇼
Kuwait
≈ 0%
$2,700 (40GP)
🇶🇦
Qatar
≈ 0%
$2,700 (40GP)

Why it moved

  • 🎆 CNY demand steady — Gulf importers booking ahead of factory shutdown; capacity available.
  • 🏗️ Hub infrastructure — Jebel Ali, Jeddah, Hamad handling pre-CNY volumes efficiently.
  • ✈️ Air excellent — Dubai DXB and Doha with strong bellyhold capacity at $6/kg.
  • 🇦🇪 UAE multi-port — Jebel Ali $2,100, Abu Dhabi $2,200, Sharjah $2,350 — options available.

Rates at a glance

Rates table — Middle East (USD)
Country Sea 20GP Sea 40GP LCL /CBM Air /kg Express /kg Transit
🇦🇪 UAE$2,160–2,640$2,790–3,410$55$6.1$9.89–12d
🇸🇦 Saudi Arabia$2,047–2,502$2,430–2,970$52$6.0$9.69–11d
🇶🇦 Qatar$1,818–2,223$2,629–3,214$58$6.4$10.28–13d
🇰🇼 Kuwait$1,818–2,223$2,629–3,214$55$6.4$10.210–13d
🇧🇭 Bahrain$1,818–2,223$2,629–3,214$55$6.4$10.28–13d
🇴🇲 Oman$1,818–2,223$2,629–3,214$55$6.4$10.29–12d
🇮🇱 Israel$1,755–2,145$3,006–3,674$68$7.0$11.210–12d
🇯🇴 Jordan$1,818–2,223$2,629–3,214$58$6.4$10.28–10d
🇱🇧 Lebanon$1,818–2,223$2,629–3,214$60$6.4$10.29–12d
🇸🇾 Syria$1,818–2,223$2,629–3,214$65$6.4$10.29–13d
🇮🇶 Iraq$1,818–2,223$2,629–3,214$58$6.4$10.28–14d
🇮🇷 Iran$2,151–2,630$2,771–3,386$62$6.8$10.910–13d
🇾🇪 Yemen$1,818–2,223$2,629–3,214$68$6.4$10.29–14d

What this means for shippers

  • 🇦🇪 UAE/KSA/Qatar → Lock in now. Rates stable — ideal time to secure 4–6 week validity contracts.
  • 🇮🇱 Israel → Confirm surcharges at booking. Security premiums vary $200–400 by carrier — shop around.
  • 🇮🇷🇮🇶 Iran/Iraq → Use Dubai transshipment. Direct services limited — Jebel Ali routing most reliable.
  • ✈️ Air cargo → Predictable pricing. $6–6.4/kg steady — good for budgeting time-sensitive shipments.

Asia — January 2026

India/Bangladesh up +22% with unique 20GP=40GP pricing. Japan/Korea ultra-competitive at $420/40GP. ASEAN steady. CNY origin country — pre-booking critical for intra-Asia shipments.

🇮🇳
South Asia Rate Increase

India/Bangladesh sea freight up +22%. Unique pricing: 20GP = 40GP (both ~$1,225). Book urgently before CNY closure.

🇯🇵
Japan
≈ 0%
$420 (40GP)
🇰🇷
South Korea
≈ 0%
$420 (40GP)
🇮🇳
India
↑ +22%
$1,438 (40GP)
🇧🇩
Bangladesh
↑ +22%
$1,225 (40GP)
🇻🇳
Vietnam
≈ 0%
$720 (40GP)

Why it moved

  • 🇮🇳🇧🇩 South Asia surge — Strong demand + unique 20GP=40GP pricing — excellent 40GP value.
  • 🇯🇵🇰🇷 Japan/Korea → Ultra-competitive at $350–420/40GP — best intra-Asia rates.
  • 🎆 CNY origin — China-origin lanes critical; book immediately for pre-CNY departure.
  • 🚂 Rail options — Central Asia rail competitive at $3,000–4,000/40GP, 8–15 days transit.
  • ✈️ Air stable — Regional air at $1.3–4.5/kg depending on destination.

Rates at a glance

Rates table — Asia (USD)
Country Sea 20GP Sea 40GP LCL /CBM Air /kg Express /kg Rail LCL Rail 20GP Rail 40GP Transit
East Asia
🇯🇵 Japan$315–385$540–660$28$1.3$2.1———9–10d
🇰🇷 South Korea$315–385$540–660$25$1.3$2.1———8–12d
🇹🇼 Taiwan$315–385$540–660$22$1.3$2.1———10–13d
🇰🇵 North Korea$315–385$540–660$35$1.3$2.1———9–15d
🇲🇳 Mongolia$2,151–2,630$2,771–3,386$75$6.8$10.9$120$2,405–2,940$3,500–4,2809–10d
Southeast Asia (ASEAN)
🇸🇬 Singapore$472–577$747–913$32$1.7$2.7———9–11d
🇲🇾 Malaysia$585–715$1,062–1,298$35$3.0$4.8———8–10d
🇹🇭 Thailand$657–803$1,093–1,336$30$1.0$1.6$97$1,925–2,352$2,800–3,42010–13d
🇻🇳 Vietnam$405–495$720–880$28$1.4$2.2$90$1,787–2,184$2,600–3,1808–13d
🇮🇩 Indonesia$765–935$1,485–1,815$42$2.3$3.7———10–14d
🇵🇭 Philippines$436–533$745–910$32$1.3$2.1———10–11d
🇰🇭 Cambodia$552–675$974–1,191$38$1.8$2.9———10–12d
🇲🇲 Myanmar$552–675$974–1,191$40$1.8$2.9———9–14d
🇱🇦 Laos$552–675$974–1,191$42$1.8$2.9$83$1,650–2,017$2,400–2,9309–12d
🇧🇳 Brunei$552–675$974–1,191$45$1.8$2.9———9–10d
🇹🇱 Timor-Leste$552–675$974–1,191$48$1.8$2.9———9–13d
South Asia
🇮🇳 India$990–1,210$990–1,210$45$4.5$7.2———10–14d
🇵🇰 Pakistan$1,260–1,540$1,350–1,650$48$5.0$8.0———9–10d
🇧🇩 Bangladesh$900–1,100$1,080–1,320$42$4.5$7.2———10–15d
🇱🇰 Sri Lanka$900–1,100$990–1,210$45$5.5$8.8———10–15d
🇳🇵 Nepal$1,012–1,237$1,102–1,347$52$4.9$7.8———10–12d
🇧🇹 Bhutan$1,012–1,237$1,102–1,347$55$4.9$7.8———9–12d
🇲🇻 Maldives$1,012–1,237$1,102–1,347$58$4.9$7.8———10–14d
🇦🇫 Afghanistan$1,012–1,237$1,102–1,347$53$4.9$7.8———9–15d
Central Asia & Caucasus
🇰🇿 Kazakhstan$2,151–2,630$2,771–3,386$68$6.8$10.9$110$2,200–2,690$3,200–3,91010–12d
🇺🇿 Uzbekistan$2,151–2,630$2,771–3,386$72$6.8$10.9$117$2,338–2,858$3,400–4,1608–15d
🇹🇲 Turkmenistan$2,151–2,630$2,771–3,386$75$6.8$10.9$124$2,475–3,025$3,600–4,40010–14d
🇰🇬 Kyrgyzstan$2,151–2,630$2,771–3,386$70$6.8$10.9$114$2,269–2,773$3,300–4,0309–11d
🇹🇯 Tajikistan$2,151–2,630$2,771–3,386$72$6.8$10.9$117$2,338–2,858$3,400–4,1609–13d
🇬🇪 Georgia$1,818–2,223$2,629–3,214$65$6.4$10.2$107$2,131–2,605$3,100–3,7909–15d
🇦🇿 Azerbaijan$1,818–2,223$2,629–3,214$65$6.4$10.2$103$2,063–2,521$3,000–3,6709–10d
🇦🇲 Armenia$1,818–2,223$2,629–3,214$68$6.4$10.2$107$2,131–2,605$3,100–3,79010–11d

What this means for shippers

  • 🇮🇳 India → Budget 15–25% higher. Rates volatile — secure longer validity to lock in current levels.
  • 🇲🇾🇻🇳 Malaysia/Vietnam → Compare carriers. +7–17% increases vary by line — shop for best value.
  • 🇮🇩 Indonesia → Confirm rates at booking. High volatility (−9% to +19%) — don't rely on old quotes.
  • 🇯🇵 Japan → Lock in now. Stable rates + reliable service — ideal for contract renewals.
  • 🇵🇭 Philippines air → Opportunity at $1.3/kg. −28.6% dip = excellent value for urgent shipments.
  • Central Asia → Consider rail. 18–22 day transit competitive with sea for time-sensitive cargo.

Oceania — January 2026

Australia steady at $2,680 (40GP) with uniform pricing across ports. New Zealand stable at $2,450. Rates have normalized post-November peak. Air competitive at $3.8–4.2/kg.

🇦🇺
Australia Rates Stable

Uniform pricing at $1,380/20GP, $2,680/40GP across Sydney, Melbourne & Brisbane. Book now for Feb delivery before CNY closure.

🇦🇺
Australia
≈ 0%
$2,680 (40GP)
🇳🇿
New Zealand
≈ 0%
$2,450 (40GP)
🇵🇬
Papua NG
≈ 0%
$2,250 (40GP)
🇫🇯
Fiji
≈ 0%
$2,250 (40GP)
🇼🇸
Samoa
≈ 0%
$2,250 (40GP)

Why it moved

  • 🇦🇺 Normalized post-peak — November peak demand completed; rates stabilized with uniform port pricing.
  • 🎆 CNY window — Book now for pre-CNY departure; post-CNY capacity may tighten with backlog.
  • ✈️ Air competitive — Air rates at $3.8–4.2/kg; good capacity for urgent pre-CNY shipments.
  • 📦 LCL bargain — Exceptional $5/cbm LCL rates — best value for smaller shipments.

Rates at a glance

Rates table — Oceania (USD)
Country Sea 20GP Sea 40GP LCL /CBM Air /kg Express /kg Transit
🇦🇺 Australia$1,242–1,518$2,412–2,948$5$3.8$6.120–27d
🇳🇿 New Zealand$1,125–1,375$2,205–2,695$5$4.2$6.720–23d
🇫🇯 Fiji$1,296–1,585$2,250–2,750$75$4.0$6.420–27d
🇵🇬 Papua New Guinea$1,296–1,585$2,250–2,750$78$4.0$6.420–24d
🇼🇸 Samoa$1,296–1,585$2,250–2,750$82$4.0$6.420–25d
🇹🇴 Tonga$1,296–1,585$2,250–2,750$85$4.0$6.420–25d
🇻🇺 Vanuatu$1,296–1,585$2,250–2,750$80$4.0$6.420–22d
🇸🇧 Solomon Islands$1,296–1,585$2,250–2,750$85$4.0$6.420–24d
🇰🇮 Kiribati$1,296–1,585$2,250–2,750$88$4.0$6.420–21d
🇫🇲 Micronesia$1,296–1,585$2,250–2,750$88$4.0$6.420–25d
🇵🇼 Palau$1,296–1,585$2,250–2,750$90$4.0$6.420–28d
🇲🇭 Marshall Islands$1,296–1,585$2,250–2,750$90$4.0$6.420–27d
🇳🇷 Nauru$1,296–1,585$2,250–2,750$92$4.0$6.420–22d
🇹🇻 Tuvalu$1,296–1,585$2,250–2,750$95$4.0$6.420–28d

What this means for shippers

  • 🇦🇺 Australia → Uniform pricing across ports. Sydney, Melbourne, Brisbane all at same rates — simplifies planning.
  • 🇳🇿 New Zealand → Stable after Nov peak. Rates normalized — good window before CNY closure.
  • 📦 LCL bargain → Exceptional $5/cbm. Best LCL value in Oceania — ideal for smaller shipments.
  • ✈️ Air competitive → $3.8–4.2/kg. Good capacity — use for urgent pre-CNY cargo.
  • 🎆 CNY deadline → Book by early February. Factory shutdown Feb 17 — plan 3–4 weeks transit.

Frequently Asked Questions

Supply outpaced demand. Even with blank sailings and GRIs, added capacity (~+8% YoY vs ~3–4% demand) kept pressure on FAK to US/CA/EU. EU ETS and fuel set a cost floor, but lane‑level supply/demand drove direction.
Nearshoring supported Mexico west‑coast flows; selective carrier redeployments and seasonal pulls tightened space in Oceania/South Asia. Net: higher ocean spot on CL/CO/EC/MX/Oceania, while US/CA/EU eased.
Cape of Good Hope detours still add days and soak up tonnage on some EMEA strings. The direct effect on Americas lanes is limited, but reallocations can tighten select services. Build buffer and validate transshipment plans.
US universal 10% plus higher tiers on China/Vietnam sustained timing shifts and frontloading. Retaliation (CA/MX/CN) adds complexity. Align HS codes early, plan departure windows, and consider DDP or alternative routings where sensible.
Mostly stable. We saw upticks to UK/DE/AR/CO/EC and some dips to AU/UY/KE. Use air for high‑value or date‑critical cargo; watch volumetric weight and pre‑book ahead of sales peaks.
Yes—negotiate while carriers compete. Ask for 2–3 week validity, bunker/GRI caps, and fallback routings. Keep visibility on blank sailings that can shift cut‑offs.
On softer lanes (US/CA/EU), FCL often wins above ~12–14 CBM. On rising lanes (MX/Oceania/South Asia), LCL surcharges and peak minima can erase savings. Compare all‑in landed cost, not just base ocean.
Pre‑validate HS classification and supply product specs/tests. For West Africa, ensure required COC/SONCAP and clean docs to reduce inspection risk. For China Reg 150 categories (lamps, LV electrics, functional apparel), expect tighter export checks—pad lead time.

Ship with confidence.

Solid plans. Clear updates. Fewer surprises.

Backed by FS International (operating since 1989)