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Major Chinese ports container volume falls 5.7% in mid-April

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Container volume at eight major Chinese port declined by 5.7% year-on-year in mid-April affected by the recent Covid outbreaks in Yangtze River delta region.

Export container volumes dropped 4.1% while the domestic volumes declined 9.9% in mid-April. For early to mid–April, container volume at eight major Chinese ports declined 2.6% year-on-year. 

Cargo throughput at major coastal hub ports declined 5.2% while international trade cargo throughput dropped 4.9%.

Crude oil shipments at major coastal ports dropped 0.4% year-on-year. Among which the port of Rizhao and Tianjin posted a growth rate of over 30%.

Metal ore shipments at major Chinese ports declined 1.6%, among which the port of Tianjin posted a growth rate of over 30%.

In mid-April, cargo throughput and container volume at three major Yangtze River ports, Nanjing, Wuhan and Chongqing, dropped 10.2% and 9.9%, respectively. 

TAGS: Asia