Chinese ports increase volumes in first ten months, close to 260 million TEUs

Chinese ports experienced a year-over-year 4.9% uptick in container volume for January-October period, with the box throughput reaching a total of 257 million TEUs.

At the same time, over the ten-month period, cargo volume at Chinese ports surpassed 14 billion tons, marking an 8.5% year-on-year increase.

The following chart illustrates the cargo and container throughput data for the twelve primary ports in China.

When it comes to container throughput, the leading trio of ports has showcased remarkable performance from January to October. At the forefront is Shanghai, achieving a slight year-over-year growth of 2.8% and handling 40.2 million TEUs.

Ningbo & Zhousan port follows increasing its box volumes by 4.5% and handling 30.2 million TEUs. Port of Shenzhen secures the third position with 24.06 million TEUs, seeing its container throughput falling by 0.5%.

These figures underscore the significant role these ports play in facilitating the seamless flow of goods, solidifying their positions as key players in the global trade.

Turning our attention to Chinese ports that witnessed the largest growth in terms of percentage points, Beibu Gulf leads the pack with an impressive 16.5% year-over-year increase, reaching 6.51 million TEUs.

Following closely is Yinkou Port, securing the second spot with a 14.5% rise, handling 4.37 million TEUs. Not far behind, Dalian Port takes the third position, boasting a 13.1% increase and moving 4.05 million TEUs.

On the other side, some Chinese ports experienced lower performance growth during this period. As previously mentioned, Shenzhen saw a marginal decline of 0.5%, being the only Chinese port that saw its volumes fall.

Xiamen port recorded a modest 1.8% increase, handling 10.36 million TEUs, reflecting a slower pace of growth compared to other counterparts. Similarly, Guangzhou port witnessed a marginal 2.5% growth, handling 20.78 million TEUs.

Sources: Container News