SIMIC

Katherine Si | Apr 08, 2021

According to the statistics released by China Ports and Harbors Association, export container volume increased 8.7% while the domestic volume increased 18% in late March. Among which, the port of Ningbo-Zhoushan and Shenzhen posted a growth rate of over 30%.

Cargo throughput at major coastal hub ports increased 8.6% year-on-year while the international trade cargo throughput increased 3.8%.

Related: China port container volumes up 37.9% in Feb a year on from lockdown

Crude oil shipments at major coastal ports slightly increased 4.3% year-on-year. The port of Yantai posted a growth rate of over 60% and the port of Tianjin reported a growth rate of over 30%. Port inventory increased 23.1% year-on-year.

Metal ore shipments at major Chinese ports declined 8.6% while the port inventory increased 6.4%.

Cargo throughput and container volume at the three major Yangtze river ports, Nanjing, Wuhan and Chongqing, increased 58.1% and 47.6% year-on-year respectively.

In March, major Chinese coastal hub ports’ cargo throughput increased 10.9% comparing with the same period of last year. Container volume at eight major ports increased 14.5%.