Alta ↑ LATAM
Colômbia
+82.0%
Buenaventura main gateway, Caribbean access via Cartagena
Marítimo 40GP 12 m
SINO Lane Tracker Edição 24
setembro de 2026 snapshot
Latin America reprices, and Iberia is the only lane going the other way
Twenty-four of our twenty-six destinations printed a higher sea 40GP this month. The two that fell are Spain and Portugal. China → Colombia rose 82.0%, Brazil and Argentina 54.2% to $8,190-$10,010, Chile and Mexico 46.0% — and six of those are real desk quotes, not extrapolations.
História do mês
Latin America reprices, and Iberia is the only lane going the other way
Ler a matéria
26 rotas 9 comentadas Publicado em 1 de setembro de 2026 Metodologia v1 JSON RSS Citar Solicitar cotação → Snapshot mais recente →
Momentum de clusters · média MoM marítimo 40GP
LATAM
+54.4%
7 rotas
Iberia
-13.1%
2 rotas
Trecho de incorporação
Cole este iframe no seu artigo
Livre para uso sob CC BY 4.0. Atribuição incluída no trecho.
<iframe src="https://es.sino-shipping.com/lane-tracker/embed/cluster-momentum/" width="100%" height="280" style="border:0;" loading="lazy" title="SINO Lane Tracker — Cluster momentum"></iframe> <p style="font:12px/1.4 system-ui;color:#666;text-align:right;margin-top:4px">Source: <a href="https://es.sino-shipping.com/lane-tracker/">SINO Lane Tracker</a></p>
Atlas · marítimo 40GP MoM
As 26 rotas no mapa
Cada ponto é um país de destino. A cor reflete o delta MoM do marítimo 40GP deste mês. Pontos maiores marcam as 9 rotas que acompanhamos e comentamos a cada mês. Clique em um ponto para ver tarifas e tendência.
- Alta > +5% MoM
- Neutro ±5%
- Queda < −5% MoM
- Sem dados
- Rota comentada
26 pontos representando países de destino estão plotados no mapa. A cor reflete a variação mês a mês. Para navegação por teclado utilize a tabela de dados abaixo na página.
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Trecho de incorporação
Cole este iframe no seu artigo
Livre para uso sob CC BY 4.0. Atribuição a SINO Lane Tracker obrigatória (já incluída no trecho abaixo).
<iframe src="https://es.sino-shipping.com/lane-tracker/embed/world-map/" width="100%" height="640" style="border:0;" loading="lazy" title="SINO Lane Tracker — World atlas"></iframe> <p style="font:12px/1.4 system-ui;color:#666;text-align:right;margin-top:4px">Source: <a href="https://es.sino-shipping.com/lane-tracker/">SINO Lane Tracker</a></p>
Nota do editor · setembro de 2026
Latin America reprices, and Iberia is the only lane going the other way
Twenty-four of our twenty-six destinations printed a higher sea 40GP this month. The two that fell are Spain and Portugal. China → Colombia rose 82.0%, Brazil and Argentina 54.2% to $8,190-$10,010, Chile and Mexico 46.0% — and six of those are real desk quotes, not extrapolations.
A equipe por trás desta análise
Ethan WuEspecialistas em Frete e Logística desde a ChinaHong Kong
Found ChenEspecialistas em Frete e Logística desde a ChinaShenzhen
Ruby LuEspecialista de Mercado América do Norte e Oceania na SINO ShippingShenzhen
The distinction between a quote and an extrapolation carries this month's story, because in August we were warning about the opposite case. Colombia, Brazil, Argentina, Ecuador, Chile and Mexico each arrived as a real desk quote this cycle — six independent readings all pointing the same way. Last month we wrote that the Pacific Alliance needed one clean month before its jump could be read as a level rather than a rebound from our own withheld July print. That month has arrived and the lane did not settle back: it rose again by roughly half as much again. Colombia at $8,190-$10,010 is a market level now, not a correction working its way through our data.
The driver is capacity rather than Latin American demand. Back-to-back typhoons left the Port of Shanghai at 4.42 days average vessel waiting time with over 2.4 million TEU disrupted across Northeast Asia, and carriers repositioned tonnage to protect mainline reliability. Where demand was weak enough to absorb the loss — Asia-Europe, now in a seventh consecutive week of falling rates — lanes held or eased. Where Q3 volumes were still moving, the tightness went into price. That is why Spain fell 19.1% and Portugal 7.0% to $4,185-$5,115 on the same board where Colombia rose 82%. For an importer running both an Iberian and a Latin American programme out of China, this is the month those two budgets stop moving together, and a blended assumption will be wrong on both. Air offers less relief than usual: Brazil at $9.60/kg and Colombia at $9.50 have narrowed the gap to ocean but not closed it, and Central America and the Caribbean are still $14.19-$14.38/kg.
Two notes on our own numbers. Peru and Bolivia print $5,811-$7,125, up 49.2%, and both are derived rather than quoted — last month we deliberately routed them away from the Pacific Alliance because those anchors were recovering from our withheld July read, and with two clean prints in hand that detour is no longer needed. The Central American and Caribbean markets on this board are likewise derived; where a destination carries no quote we say so rather than presenting a cluster average as a desk number. And the calendar outranks all of it: Mid-Autumn Festival and Golden Week fall back to back, Chinese factories stand down after roughly 20 September, and that leaves about fifteen working days to move Q4 inventory — into an origin still clearing a backlog, an active blank-sailing programme, and carriers who have just posted a 58.2% year-on-year rise in quarterly operating profit and have no reason to discount space. On a lane that just repriced 46-82%, a booking that rolls does not cost a worse rate. It costs the quarter.
Para observar no próximo mês
- Latin America has repriced upward two months running on clean quotes. A third print tells us whether $8,190-$10,010 is the level or the top of an overshoot.
- Spain and Portugal have decoupled from the Latin American board. Whether they keep falling once the Shanghai backlog clears is the test of how weak Asia-Europe demand really is.
- Peru and Bolivia are back on Pacific Alliance maths after one month's detour. Their next print should track Chile closely; if it does not, the cluster needs re-cutting.
- Air into the Caribbean and Central America is holding at $14.19-$14.38/kg while ocean rises. If ocean keeps climbing, that gap closes and air becomes a real option on lanes where it has not been one all year.
- October's first print is the first clean read on underlying demand since July, once the Shanghai backlog and the Golden Week shutdown clear together.
Por SINO Shipping desk
Este mês
8 destaques do mês
Spotlights · este mês
3 altas ↑ · 3 quedas ↓ · 2 spotlights narrativos · rotação mensal
Alta ↑ LATAM
Brasil
+54.2%
Largest LATAM gateway — Santos congestion + China auto manufacturing investment surge
Marítimo 40GP 12 m
Alta ↑ LATAM
Argentina
+54.2%
Buenos Aires gateway — commodity exporter, FX-volatile demand cycles
Marítimo 40GP 12 m
Queda ↓ Iberia
Espanha
-19.1%
Algeciras / Valencia hub for Iberia + North Africa transshipment
Marítimo 40GP 12 m
Mais em Iberia
Queda ↓ Iberia
Portugal
-7.0%
Sines deepwater port, Atlantic gateway for re-export to Africa + Americas
Marítimo 40GP 12 m
Mais em Iberia
Queda ↓ LATAM
México
+46.0%
Nearshoring beneficiary — Manzanillo + Lazaro Cardenas + US-Mexico trade corridor
Marítimo 40GP 12 m
Narrativa LATAM
Chile
+46.0%
Copper exporter / lithium triangle gateway via Valparaiso
Marítimo 40GP 12 m
Narrativa LATAM
Peru
+49.2%
Chancay megaport just opened — first Chinese-built deep-sea hub on Pacific coast
Marítimo 40GP 12 m
Trecho de incorporação
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Tendência 12 meses · média marítimo 40GP
Como cada cluster se moveu, média marítimo 40GP
Uma linha por cluster editorial. Passe o cursor sobre o gráfico para ver os valores mensais. Útil para detectar mudanças estruturais por trás dos spotlights do mês.
Ver tabela de dados
| Mês | LATAM | Iberia |
|---|---|---|
| 11 meses atrás | $2,432 | $3,863 |
| 10 meses atrás | $2,868 | $4,275 |
| 9 meses atrás | $2,805 | $3,250 |
| 8 meses atrás | $2,450 | $3,913 |
| 7 meses atrás | $3,100 | $3,388 |
| 6 meses atrás | $3,648 | $3,150 |
| 5 meses atrás | $3,964 | $3,688 |
| 4 meses atrás | $3,719 | $3,200 |
| 3 meses atrás | $4,983 | $5,280 |
| 2 meses atrás | $5,609 | $6,525 |
| 1 mês atrás | $5,319 | $5,375 |
| setembro de 2026 | $8,210 | $4,650 |
- LATAM
- Iberia
Trecho de incorporação
Cole este iframe no seu artigo
Livre para uso sob CC BY 4.0. Atribuição a SINO Lane Tracker obrigatória (já incluída no trecho abaixo).
<iframe src="https://es.sino-shipping.com/lane-tracker/embed/cluster-trends/" width="100%" height="540" style="border:0;" loading="lazy" title="SINO Lane Tracker — Cluster trends"></iframe> <p style="font:12px/1.4 system-ui;color:#666;text-align:right;margin-top:4px">Source: <a href="https://es.sino-shipping.com/lane-tracker/">SINO Lane Tracker</a></p>
Movimento
Maiores variações — marítimo 40GP
Maiores altas
Maiores quedas
- Espanha-19.1%
Algeciras / Valencia hub for Iberia + North Africa transshipment
- Portugal-7.0%
Sines deepwater port, Atlantic gateway for re-export to Africa + Americas
- México+46.0%
Nearshoring beneficiary — Manzanillo + Lazaro Cardenas + US-Mexico trade corridor
- Chile+46.0%
Copper exporter / lithium triangle gateway via Valparaiso
- Panamá+46.0%
Cobertura
Todas as 26 rotas com origem China
★ marca as 9 rotas do pool de destaques.
← role para ver todas as colunas →
| Comparar | 12 m | Expandir linha | ||||||
|---|---|---|---|---|---|---|---|---|
| Rota do pool editorial. Argentina | $8,190–$10,010 | $10.00 | $15.49 | — | +54.2% | |||
| Bolívia | $5,811–$7,125 | $11.79 | $20.11 | — | +49.2% | |||
| Rota do pool editorial. Brasil | $8,190–$10,010 | $9.60 | $15.20 | — | +54.2% | |||
| Rota do pool editorial. Chile | $6,570–$8,030 | $9.80 | $15.69 | — | +46.0% | |||
| Rota do pool editorial. Colômbia | $8,190–$10,010 | $9.50 | $15.03 | — | +82.0% | |||
| Costa Rica | $3,989–$4,805 | $14.19 | $23.99 | — | +46.0% | |||
| Cuba | $19,338–$23,637 | $14.38 | $23.02 | — | +54.2% | |||
| El Salvador | $3,989–$4,805 | $14.19 | $23.99 | — | +46.0% | |||
| Rota do pool editorial. Equador | $8,190–$10,010 | $10.40 | $16.46 | — | +49.2% | |||
| Rota do pool editorial. Espanha | $4,185–$5,115 | $4.20 | $7.55 | $7,470–$9,130 | -19.1% | |||
| Guatemala | $3,989–$4,805 | $14.19 | $23.99 | — | +46.0% | |||
| Guiana | $9,109–$11,043 | $10.12 | $17.25 | — | +54.2% | |||
| Haiti | $14,719–$17,925 | $14.38 | $23.02 | — | +54.2% | |||
| Honduras | $3,989–$4,805 | $14.19 | $23.99 | — | +46.0% | |||
| Jamaica | $14,719–$17,925 | $14.38 | $23.02 | — | +54.2% | |||
| Rota do pool editorial. México | $6,570–$8,030 | $8.30 | $16.81 | — | +46.0% | |||
| Nicarágua | $3,989–$4,805 | $14.19 | $23.99 | — | +46.0% | |||
| Panamá | $3,989–$4,805 | $14.19 | $23.99 | — | +46.0% | |||
| Paraguai | $8,310–$10,133 | $10.27 | $17.36 | — | +54.2% | |||
| Rota do pool editorial. Peru | $5,811–$7,125 | $11.79 | $20.11 | — | +49.2% | |||
| Rota do pool editorial. Portugal | $4,185–$5,115 | $4.80 | $8.63 | — | -7.0% | |||
| República Dominicana | $14,719–$17,925 | $14.38 | $23.02 | — | +54.2% | |||
| Suriname | $9,109–$11,043 | $10.12 | $17.25 | — | +54.2% | |||
| Trinidad e Tobago | $14,719–$17,925 | $14.38 | $23.02 | — | +54.2% | |||
| Uruguai | $7,629–$9,338 | $12.53 | $20.23 | — | +54.3% | |||
| Venezuela | $9,109–$11,043 | $10.12 | $17.25 | — | +54.2% |
Metodologia
Como construímos o índice.
01 · Fonte de dados
As tarifas são as medianas mensais próprias da SINO Shipping em 26 rotas saindo da China — o book de um único agente de carga, não um índice multi-armador. FCL/LCL/aéreo/ferroviário/expresso capturados na mesma semana de cada mês.
02 · Cobertura
Nas 8 rotas sem referência pública, não existem dados comparáveis publicamente — exatamente a lacuna que este tracker preenche.
03 · Cadência e correções
Publicado mensalmente, na última semana do mês, na metodologia v1. Correções materiais ficam registradas no changelog da página de metodologia; snapshots de meses anteriores permanecem congelados nos valores publicados.
Imprensa e dados
Citando este arquivo, ou procurando o analista por trás?
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