China’s Parcel Shipping Volume More Than 3X U.S. In 2017

The number of parcels shipped globally grew 17% in 2017 to 74.4 billion parcels, and China was the main growth driver: its parcel volume increased 28% year-over-year. China’s parcel volume of 40.1 billion packages is more than 3X that of its nearest competitor, the U.S., which shipped 11.9 billion parcels.

Parcel shipping overall generated $279 billion in 2017, according to the Pitney Bowes Parcel Shipping Index, an 11% increase over 2016. The Index contains shipping-related insights across 13 countries representing 3.7 billion people: Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Norway, Sweden, the UK and the U.S.

China’s parcel shipments represent 53%