Delivery of goods from China has risen in price to a maximum since the beginning of 2023

Russia has not only enough problems with paying for imports, but delivery prices have also jumped. The cost of delivering goods from China to russia every two weeks rises in price by at least a third.

Rail transportation is leading the price growth: now the delivery of a 40-foot container by train from Guangzhou, China, to Moscow will cost a record $8500, a study of the tariffs of transport companies showed. This is 40% more expensive than in early June, when the same route cost $6000, and 70% more expensive than in mid-May, when a container could be brought for $5000. Prices are now close to the peak values of early 2023, when prices for transportation from China were at their maximums.

The average rate of transport companies for the delivery of a 40-foot container by sea and rail from Shanghai to Moscow is about $7000. The cheapest way is by sea to St. Petersburg or Novorossiysk (rates are still up to $6000 per container), but there the period can even exceed 60 days - including due to the ongoing blockade of trade routes in the Red Sea by the Houthis.

Due to the fact that ships now have to go around Africa, bypassing the Cape of Good Hope, the duration of voyages has increased, and containers now return to China more slowly, which means that they need to be explained more by the head of Trans Synergy Stanislav Stankevich. In russia, the situation is complicated by the fact that it is not profitable to export containers back to China, because there is nothing to carry in them. This is a consequence of the imbalance in trade: Russia exports mainly raw materials, so real pyramids of empty containers have accumulated at key transport hubs in Central Russia, waiting to be sent to the East.

Importers warn that cost will further increase as demand is hig,h and there are not enough containers and railway platforms. Of course, delivery costs will be included in the price of goods.

Source

@freerussia_report