Japan’s Yokohama port’s exports rose 10.8% year on year (y/y) in March, to 2.959 million tonnes of cargo.
Imports rose 7% y/y in March to 3.261 million tonnes.
However, the port’s overall traffic decreased because of lower domestic trade.
Domestic trade fell 4.8% y/y to 3.714 million tonnes of cargo, taking overall traffic to 9.935 million tonnes, which was down 1.4% y/y.
Yokohama, located in Kanagawa Prefecture adjacent to Tokyo, is Japan’s second-largest container port after Tokyo.
In March, Yokohama handled 222,111 teu of containers in foreign trade, up 1.6% from a year earlier, and 25,775 teu of containers in domestic trade, up 5.5% y/y.
Of the 222,111 teu handled in foreign trade, 117,685 teu were exported, up 0.8% from a year earlier, and the remaining 104,427 teu were imported, up 2.6% y/y.
This post was sourced from IHS Maritime 360: View the original article here.