Cargo traffic at Osaka port, western Japan, plunged 14.2% in March from a year earlier to 6.83 million tonnes as both domestic and foreign trade sank at double-digit rates, according to early figures released by the Osaka municipal government on 30 June.
Of the 6.83 million tonnes, 2.883 million tonnes came from foreign trade, down 11.5% from a year earlier, and the remaining 3.946 million tonnes came from domestic trade, down 16.1% year on year (y/y).
In March’s foreign trade, Osaka exported 901,644 tonnes of cargo, up 11.7%, and imported 1.982 million tonnes of cargo, down 19.1%.
The port handled 183,274 teu in March, down 13.7% from the same month last year. Of this amount, 158,227 teu came from foreign trade, down 15.3% from a year earlier, and the remaining 25,047 teu came from domestic trade, down 1.8% y/y.
In March’s foreign trade, 73,588 teu were exported, down 10.3% from a year earlier, and 84,639 teu were imported, down 19.2% y/y.
This post was sourced from IHS Maritime 360: View the original article here.