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

Delta’s Supply-Chain Pain Lingers on Bloomberg Trade Tracker


The delta variant’s blow to global supply chains appears to be moderating, but the Bloomberg Trade Tracker suggests there’s been some lasting damage.

All 10 of the Tracker’s gauges were in normal range heading into the final week of September, compared with two months earlier when almost half were floating in “above normal” territory.

South Korea’s shipments remain robust, in contrast with weaker Chinese manufacturing and semiconductor supply-chain woes that are restraining orders. Taiwan’s August exports—despite keeping up a growth streak amid strong electronics demand—were the weakest in almost a year, and the government isn’t expecting much improvement this month.

September’s German business expectations slid to their lowest since February amid lingering industry supply shortages. Heading into the height of the holiday shopping season, supply chains just can’t get untangled fast enough.

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*