Port of Yokohama’s cargo traffic dropped 5% year on year (y/y) in June to 9.669 million tonnes, with both its foreign and domestic trade down, according to preliminary municipal government figures.
Foreign trade slipped 5.5% y/y to 6.245 million tonnes, while domestic trade lost 4.2% y/y to 3.424 million tonnes.
In its foreign trade, the port’s cargo exports gained 6.9% y/y to 2.823 million tonnes, outweighed by a 13.7% y/y plunge in imports to 3.421 million tonnes.
Port of Yokohama, in Kanagawa Prefecture near Tokyo, is Japan’s second-largest container port after the Port of Tokyo.
In its June container traffic, the port registered a 5.3% y/y dip to 210,069 teu of containers, with exports down 4.2% y/y to 114,225 teu and imports sliding 6.6% y/y to 95,844 teu.
In its domestic trade, the port handled 25,101 teu, a 5.2% y/y rise.
This post was sourced from IHS Maritime 360: View the original article here.