Philippine Ports Authority cargo volume slightly increased in January

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CONTAINER volume through state-run harbours of the Philippines Ports Authority (PPA) increased six per cent to 417,842 TEU in January year on year with domestic box movement up 20 per cent to 162,539 TEU while foreign boxes fell one per cent to 255,303 TEU.

Import containers increased by three per cent to 129,510 TEU, while exports decreased five per cent to 125,793 TEU, reported the Philippines Business Mirror.

According to PPA data, its more than 100 ports nationwide handled 12.67 million tonnes for the first month of the year, about one per cent more than the 12.53 million tonnes it handled last year. Foreign cargo increased two per cent to 6.93 million tonnes.

Data showed import cargo slowed two per cent to 4.59 million tonnes with export cargo up four per cent to 2.34 million tonnes. Domestic cargo increased two per cent to 5.73 million tonnes.

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