1.1M+ TEUs Reported by Majaor Japanese Ports in Dec 2023

In the final month of the previous year, the combined container traffic of Japan's six leading ports amounted to 1.17 million TEUs, showing a slight dip of 0.5% from the same period in 2022.

This marked the third month in a row where there was a year-over-year reduction in volumes. Exports witnessed a modest rise of 1.9%, totaling 619,415 TEUs, whereas imports fell by 3.1% to 552,103 TEUs.

Delving into specific ports, Tokyo processed 353,617 TEUs, witnessing a 5.7% decrease, with exports at 178,764 TEUs (down 1.3%) and imports at 174,952 TEUs (down 9.8%).

On the brighter side, Kawasaki experienced a notable increase of 10.2%, handling 8,356 TEUs, with gains in both exports (6.2%) and imports (15.1%).

Yokohama's container volumes rose by 4.8% to 243,184 TEUs, comprised of 131,238 TEUs in exports (up 4.7%) and 111,946 TEUs in imports (up 4.9%). Nagoya's figures climbed by 5.2% to 220,681 TEUs, with exports growing by 5.6% and imports by 4.8%.

Additionally, Osaka saw a 1% increase in its throughput to 163,594 TEUs, buoyed by a 4.7% growth in exports despite a 2.5% reduction in imports. Conversely, Kobe reported a 4.8% decrease in container movements to 181,197 TEUs, with a 2.1% fall in exports and an 8% drop in imports.