SIMIC

Affected by the bad weather in early May, container volume for eight major Chinese ports declined by 0.4% year-on-year.

Katherine Si | May 24, 2022

Export container volume increased 1.7% while the domestic volume dropped 6.8% in early May. Among which, the port of Ningbo-Zhoushan and Tianjin both posted a growth rate of 27%. 

Cargo throughput at major coastal hub ports increased 0.7% year-on-year while the international trade cargo throughput declined 3.6%.

Related: Major Chinese ports container volume back to growth in late April

Crude oil shipments at major coastal ports increased 3.2% during the period of early May. Among which the port of Ningbo-Zhoushan posted a growth rate of 36% and the port of Yantai posted a growth rate of 25%.

Metal ore shipments at major Chinese ports grew 10.8% in early May. Ningbo-Zhoushan port achieved 35% growth rate. 

In early May, cargo throughput and container volume at three major Yangtze River ports, Nanjing, Wuhan and Chongqing dropped 1.1% and 2.4% year-on-year, respectively.