Sun Kwang Newport Container Terminal in Incheon, South Korea. Video: SeongJoon Cho/Bloomberg 

Ports Show Signs of Life on Bloomberg Trade Tracker

Updated:

Ports and exports data are brightening Bloomberg’s Trade Tracker, matching more upbeat sentiment about a global recovery.

South Korea’s shipments for the first 20 days of the month looked much better in June and July than the two previous months, and Taiwan’s exports jumped in June by the most in almost two years. Ports in Singapore, Los Angeles, and Hong Kong all showed improvement in June, lending some credence to purchasing managers who have been registering less dour sentiment readings.

All but one of the 10 gauges on the Tracker remain below their long-run averages, while much improved from the early days of the outbreak.

Big hurdles could prevent a smooth recovery path. More surges of virus cases, including in the U.S., and heightened geopolitical tensions ahead of the U.S. presidential election in November stand in the way.

We’ve selected measures across shipping, sentiment and export volumes to watch for signs of stress amid the tensions. For the clearest indication, we measured how far each gauge is from historic norms.

How the indicators compare 👆

Latest data available for shipping, sentiment and export volume indicators, z-scores*