News
Exports of international shipments from the Port of Yokohama decreased 9.7% from a year earlier to 29.66 million tons in 2019. In contrast, imports were robust, surging 10.2% to 50.3 million tons. The total of exports and imports amounted to 79.95 million tons, swelling 1.9% and registering a year-on-year improvement for three consecutive years.
As for oceangoing containers, 2,699,085 TEUs were processed, down 1.5%. Exports accounted for 1,430,546 TEUs, down 1.7%, and imports, 1,268,540 TEUs, down 1.3%.
By destination, exports to China plunged 12.2% to 3.31 million tons, but it managed to be the leading destination of shipments from Yokohama. Outbound containers to other economies were sluggish, with those to Thailand going down 6% to 1.41 million tons; to Mexico, down 14.9% to 900,000 tons and to Taiwan, down 9% to 890,000 tons. However, shipments to Vietnam were massive, growing 9.5% to 860,000 tons.
Looking at imports, those from China and the U.S. were both brisk, coming up 3% to 7.88 million tons and 8.7% to 2.58 million tons. On the other hand, imports from Thailand and Australia were not, falling 2.4% to 1.88 million tons and 6.3% to 1.27 million tons.
