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Seaborne Products Exports

机译:海运产品出口

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Products exports from North America and Asia are both expected to expand by 3% this year, supported by growth in refinery capacity in both regions. In Asia, this growth is projected to be heavily supported by rising shipments from China, with total Chinese products exports having expanded by over 12% y-o-y in January-May this year according to preliminary data. However, there is notable uncertainty surrounding the volume of further products export quotas likely to be released in the rest of 2018, with the potential that lack of further quota allocations will result in a slowdown in the pace of growth in the full year. Products exports from the Middle East are also expected to rise substantially in 2018, with refinery capacity additions (particularly in Saudi Arabia and Kuwait) anticipated to support firm growth in exports of 8% y-o-y. Meanwhile, products shipments from Europe and Latin America are both anticipated to decline in 2018, with the projected 16% decline in Latin American products exports this year largely reflecting expectations that shipments from Venezuela will continue to fall notably due to the ongoing economic and political crisis in the country, whilst exports from Mexico are also expected to decline as refineries in the country continue to operate at reduced capacity.
机译:北美和亚洲的产品出口今年都有望增长3%,这得益于两个地区炼油能力的增长。在亚洲,这种增长预计将在很大程度上受到中国出货量增长的支撑,根据初步数据,今年1月至5月,中国产品出口总额同比增长了12%以上。然而,2018年下半年可能发布的更多产品出口配额的数量存在明显的不确定性,缺乏进一步配额分配的潜力可能会导致全年增长速度放缓。中东的产品出口预计也将在2018年大幅增长,而炼油厂产能的增加(尤其是在沙特阿拉伯和科威特)预计将支持出口同比稳定8%的增长。同时,预计欧洲和拉丁美洲的产品出货量都将在2018年下降,预计今年拉丁美洲产品的出口量将下降16%,这主要反映了由于持续的经济和政治危机,委内瑞拉的出货量将继续显着下降的预期在墨西哥,由于墨西哥的炼油厂继续以减少的产能运转,预计墨西哥的出口也将下降。

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    《Oil & Tanker Trades Outlook》 |2018年第6期|21-21|共1页
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