Port cargo throughput falls 11.1% YoY in Q3

The decrease in both inward and outward port cargo drove the overall decline.

Total port cargo throughput fell 11.1% year-on-year (YoY) in the third quarter (Q2) of 2022 to 49.3 million tonnes, data from the Census and Statistics Department (C&SD) showed.

The overall decrease was due to the decline in inward and outward port cargo throughput, which dropped by 11.3% to 30.7 million tonnes and 10.7% to 18.6 million tonnes, respectively.

Twenty-foot equivalent units (TEUs) of containers also decreased during the quarter. 

Data from C&SD showed that the port of Hong Kong handled 4.21 million TEUs of containers, representing an increase of 9.3% YoY. 

On the other hand, vessel arrivals saw an improvement in Q3.

Ocean vessel arrivals increased by 5.4% to 4,360, whilst river vessel arrivals jumped 7.5% to 13,649.