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Thursday, June 13, 2024

Cargo throughput declines at Vietnam’s seaports

By T.Dao

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HCMC – Vietnam’s seaports saw an 8% year-on-year decrease in cargo throughput in the first five months of this year, reported the Vietnam Maritime Administration.

Between January and May, a total of 9.71 million twenty-foot equivalent units (TEUs) of cargo were handled at seaports nationwide. The overall cargo throughput during this period reached 296.1 million tons, down 3% compared to the year earlier.

Imported cargo volume slid by 3% to 84.4 million tons and export volume edged down by 7% to 71.7 million tons. The transportation of domestic products through local seaports reached 140 million tons, a slight 2% decrease.

In May alone, goods throughput at the country’s seaports inched down by 3% to 63.3 million tons. The total volume of cargo handled was over 2,000 TEUs, a 7% drop.

Most seaports across the country experienced a decline in goods throughput, particularly those in Bia Ria-Vung Tau Province, HCMC and Haiphong City. Ports in provinces such as Thai Binh, Quang Ngai and Binh Dinh reported significant drops ranging from 23% to 51%.

For the first half of 2023, cargo throughput in the country is projected to fall by 7% year-on-year.

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