Cargo traffic at Tokyo, Japan’s largest container port, fell 5% in April from a year earlier to 7.392 million tonnes because of a sharp decline in foreign trade, according to preliminary figures released by the Tokyo metropolitan government.
Of the 7.392 million tonnes, 4.017 million tonnes came from foreign trade, down 9.5% from a year earlier, and the remaining 3.375 million tonnes came from domestic trade, up 0.9% year on year (y/y).
In April’s foreign trade, Tokyo exported 1.139 million tonnes of cargo, down 4.3%, and imported 2.877 million tonnes of cargo, down by a whopping 11.4%.
The port handled 355,272 teu in foreign trade during April, down 11.9% from a year earlier, and 41,590 teu in domestic trade, down 2.8% y/y.
In April, 465 ocean-going ships, including 424 container ships, entered Tokyo, down 2.7% from a year earlier, while 1,717 domestic vessels entered the port, down 0.5% y/y.
This post was sourced from IHS Maritime 360: View the original article here.