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Major Chinese ports box volume growth slows to 2.5% in late August

Author:   Posttime:2022-09-19

Container volume at eight major Chinese ports increased 2.5% year-on-year in late August with growth having slowed from the period of mid-August.

Katherine Si | Sep 16, 2022
Export container volume declined 2.2% while the domestic volume increased 17.4%. The ports of Dalian, Tianjin, Qingdao and Ningbo-Zhoushan all posted a growth rate of over 10%. 
Cargo throughput at major coastal hub ports also dropped 2.4%. The international trade cargo throughput declined 3.7% while domestic volume fell 1.23%.
Related: Major Chinese ports container volumes increase 5.3% in mid-August
Crude oil shipments at major coastal ports up 5.6% year-on-year. Among which the port of Qingdao and Yantai from Shandong province posted a growth rate of over 20%.
Metal ore shipments at major Chinese ports increased 6.8% while the port inventory grew 24.36%.
Cargo throughput at three major Yangtze River ports, Nanjing, Wuhan and Chongqing achieved positive growth in late August, slightly increased 2% and 4.9% year-on-year. 
For the whole month of August, container volume at eight major coastal ports increased 3.3% while the cargo throughput of hub ports grew 0.7%. 

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