Hong Kong Port Cargo Throughput Up 3.8% Year-on-Year in the First Quarter

The government’s Census and Statistics Department has announced that the throughput of cargo at Hong Kong ports in the first quarter of this year increased by 3.8% compared to the previous year, reaching 42.8 million metric tons. Of this total, cargo arriving at ports and departing from ports increased by 4.9% and 2% respectively, reaching 27.5 million metric tons and 15.3 million metric tons.

Seasonally adjusted cargo throughput volume in the first quarter increased by 10.4% compared to the previous quarter. Among these figures, cargo arriving at ports and departing from ports increased by 10.5% and 10.4% respectively.

Within the cargo handled at the ports, maritime cargo decreased by 1.4% compared to the same period last year, amounting to 26.9 million metric tons, while river cargo increased by 14.2%, reaching 15.9 million metric tons during the same period.

In comparison to the same period last year, the main loading countries or regions that recorded double-digit percentage increases in cargo arriving at Hong Kong ports in the first quarter of this year were Singapore (30.2% increase), Taiwan (28.1% increase), and Mainland China (14.4% increase). On the other hand, the United States (-24.4%), Malaysia (-17.0%), Japan (-13.5%), and Indonesia (-12.5%) saw double-digit percentage declines.

For cargo departing from ports, Australia recorded a 31.2% increase and Malaysia a 16.0% increase in cargo volume, while South Korea (-15.9%), the United States (-14.8%), and Japan (-12.6%) experienced double-digit declines.

In terms of specific goods, “stone, sand, and gravel” saw a 30.3% increase in cargo arriving at Hong Kong ports, while “petroleum, petroleum products, and by-products” had a 15.8% increase. For cargo departing from ports, “stone, sand, and gravel” saw a significant increase of 107.2%, while “synthetic resins and plastics” decreased by 10.5%, “pulp and waste paper” decreased by 11.3%, and “meat and edible meat offal” decreased by 19.8%.

During the first quarter of this year, Hong Kong’s ports handled 3.32 million twenty-foot equivalent units (TEUs) of containers, a decrease of 3.2% compared to the previous year. Of these, loaded containers and empty containers decreased by 2.1% and 7.3% respectively, amounting to 2.67 million TEUs and 660,000 TEUs. Among loaded containers, those arriving at and departing from ports decreased by 1.9% and 2.4% respectively, totaling 1.43 million TEUs and 1.24 million TEUs.