This update – the 77th of its kind – contains a consolidated overview of the South African supply chain and the current state of international trade. Newly reported COVID-19 infections averaged approximately 1 711 per day (↓23% from last week’s average of 2 220) this week. In total, South Africa has now recorded 3,68 million7 cases, with 99 499 (up by 481) regrettably succumbing to the virus. Globally, the case tally now stands at 442 million infected by COVID-19, with 5,98 million deaths recorded. Around 10,72 billion vaccine doses have been administered globally8, with the South African tally standing at 31,7 million.
Key Notes:
- An average of ~6 539 containers was handled per day, with ~5 662 projected for next week.
- Rail cargo handled out of Durban amounted to 3 806 containers, ↑3% compared to last week.
- This week, cross-border queue times are ↑0,1 hours, with transit times ↑2,1 hours (see below).
- SARS merchandise trade for January: exports (↓16,1%, m/m), and imports (↑2,3%, m/m), resulting in a trade surplus of R3,55 billion surplus with both yearly imports (↑17,6%) and exports (↑29,6%) up.
- The “WCI” fell marginally this week, with spot freight rates ↓2,1% (or $198) to $9 279 per 40-ft.
- Russia’s invasion of Ukraine is starting to impact global shipping, air freight, schedules, and labour.
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