China's overall container export data fell, while Vietnam grew 14% over the same period
The person in charge of the Ministry of Transport of China said at the press conference
Ocean shipping is the main channel for international freight transportation. More than 90% of China's foreign trade import and export freight volume is completed by ocean transportation, which reached a maximum of 95% last year.
In the first quarter of this year, due to the impact of the epidemic, the loss of international trade reached US $ 320 billion, which led to further shrinkage and a significant drop in international shipping demand.
In the first quarter, the port cargo throughput and container throughput in China fell by 4.6% and 8.5%, respectively.
Ningbo Port: In the first quarter of 2020, the company expects to complete container throughput of 6.574 million TEUs, a year-on-year decrease of 8%.
Guangzhou Port: In the first quarter of 2020, the company expects to complete a container throughput of 4.362 million TEUs, a year-on-year decrease of 9.9%.
The Vietnam Maritime Safety Administration revealed that in the first quarter of this year, the cargo throughput of various ports in Vietnam reached 159 million tons, an increase of 8.4% year-on-year, of which container throughput was 5 million TEUs, an increase of 14% year-on-year. )