Total port cargo rose 4.8% to 69.3 million tonnes in Q2

Tonnage of outward port cargo to Macao skyrocketed 79.2%.

Hong Kong’s total port cargo throughput increased by 4.8% YoY to 69.3 million tonnes during the second quarter of 2019, according to data from the Census and Statistics Department (C&SD). Inward port cargo and outward port cargo increased by 6.9% YoY and 1.4% YoY to 44.5 million tonnes and 24.8 million tonnes, respectively, over the same period

However, total port cargo throughput decreased by 2.6% YoY to 128.4 million tonnes in H1 2019, whilst inward port cargo and outward port cargo decreased by 0.9% YoY and 5.4% YoY to 81.5 million tonnes and 46.9 million tonnes, respectively.

In a breakdown, seaborne and river cargo increased by 0.1% YoY and 13.3% YoY during the second quarter to 42.3 million tonnes and 27.0 million tonnes, respectively.

In terms of territories, double-digit increases were recorded in the tonnage of inward port cargo loaded in Taiwan (46.9%), Malaysia (28.9%) and the mainland of China (11.8%) for the second quarter. In contrast, double-digit decreases were recorded in the tonnage of inward port cargo loaded in the United States of America (-26.5%), Japan (-20.4%), Korea (-14.3%) and Singapore (-11.0%).

Furthermore, tonnage of outward port cargo discharged in Macao notably increased by 79.2% YoY in Q2. On the other hand, tonnage of outward port cargo discharged in Vietnam and Malaysia declined by 18.5% YoY and 10.8% YoY, respectively.

For the first half of the year, tonnage of inward port cargo loaded in Taiwan and Malaysia increased by 16.2% YoY and 14.5% YoY, respectively. On the other hand, decreases in tonnage of inward port cargo were recorded in Japan (-23.4%), the United States of America (-22.0%), Indonesia (-19.8%) and Korea (-13.1%).

Meanwhile, tonnage of outward port cargo discharged in Macao and the Philippines during this period rose by 19.5% YoY and 10% YoY, respectively; whilst outward port cargo to Taiwan and Vietnam fell by 18.2% YoY and 16.8% YoY, respectively.