China has always encouraged exports (export tax rebates...) and restricted imports (import taxes...), resulting in a serious imbalance in export and import trade. For example, during a certain period of time, all container goods exported from China to the United States (mainly general industrial products such as clothing, shoes, hats, daily necessities, etc.) used up 1 million containers, while the products exported from the United States to China (mainly high-tech products) did not require far more than 1 million containers. In order to improve container utilization, shipping companies must ship some containers back to China empty (there are not so many goods to be exported from the United States to China). Because China uses more boxes and the United States uses fewer boxes.
The routes from China to Southeast Asia and from China to Europe have the same problem, with more passengers leaving China and fewer passengers entering China from Southeast Asia and Europe.
CIC is the abbreviation of container inbalance charge, which refers to the imbalance surcharge for containers. The cost of CIC is generated by the following factors:
1. Seasonal changes in cargo transportation on world liner routes lead to unbalanced cargo flows: Western countries are usually the off-season for cargo transportation at the beginning of the year. In April and May, the number of containers increases and trade volume begins to rise. A small part of the growth in cargo transportation before Christmas is the most exciting.
2. The trade volumes of countries or regions at both ends of the route are uneven: China and other East Asian countries export far more goods to Europe than China and other countries export goods from Europe to East Asia, and similar major problems also exist on the Far East and North American routes.
3. Differences in the types and nature of imported and exported goods, as well as differences in cargo and loading and unloading standards, also cause an imbalance between import and export containers.
This is the end of the information about CIC in this issue. If you want to get more information about CIC fees, please pay attention and we will continue to answer your questions~
