China sees uptick in port activity in Q1 2024

07 May 24 1 min read

Insights

  • China's port activities increased in Q1 2024.
  • Total cargo throughput at Chinese ports reached 4.09 billion tonnes, marking a 6.1 per cent increase year on year.
  • Foreign trade cargo specifically saw a 9.5 per cent jump, totalling approximately 1.31 billion tonnes.
  • Additionally, container throughput also grew by 10 per cent to 76.73 million TEUs.
China has witnessed a significant uptick in port activities during the first quarter of the year, as reported by the Ministry of Transport. The data indicates a 6.1 per cent increase in total cargo throughput across the nation’s ports, reaching an impressive 4.09 billion tonnes.

This growth was particularly pronounced in the segment of foreign trade cargo, which surged by 9.5 per cent compared to the same period last year, amounting to approximately 1.31 billion tonnes.

Additionally, container handling showed a strong performance, with the ports managing 76.73 million twenty-foot equivalent units (TEUs), marking a 10 per cent rise year-on-year, according to Chinese media reports.

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