Tokyo port’s cargo traffic declined 3.6% year on year (y/y) in March to 7.355 million tonnes because of a sharp drop in imports from foreign countries, according to preliminary figures released by the Tokyo metropolitan government on 6 July.
Of the 7.355 million tonnes, 3.896 million tonnes came from foreign trade, down 7.4% y/y, and the remaining 3.458 million tonnes came from domestic trade, up 1.2% y/y.
For foreign trade in March, Tokyo exported 1.172 million tonnes of cargo, up 4.6% y/y, and imported 2.724 million tonnes of cargo, down a whopping 11.8% y/y.
Also in March, Tokyo, Japan’s largest container port, handled 335,826 teu in foreign trade, down 11% y/y, and 45,800 teu in domestic trade, down 3.7% y/y.
A total of 439 ocean-going ships, including 396 container ships, entered Tokyo in March, down 2.2% y/y, while 1,763 domestic vessels entered the port, up 4.1% y/y.
This post was sourced from IHS Maritime 360: View the original article here.
