The volume of Philippine cargo increased by double-digit terms in the first two months of the year, driven by the performance of foreign shipments.
Data from the Philippine Ports Authority (PPA) showed total cargo volume at 34.7 million metric tons (MMT) as of end-February, up 13 percent 30.6 MMT a year earlier.
Domestic cargo throughput reached 15.793 MMT, up 7.73 percent in the same comparable period, while foreign cargo volume registered an 18.1 percent increase.
Imports penciled a growth of 19.61 percent at 12.893 MMT and exports rose by 15 percent.
“The growth in cargo volume was observed mainly in the ports of Dapitan, Marquez, Nasipit, and Limay enjoying the biggest growth at 129.78 percent, 95.51 percent, 93.57 percent, and 63.79 percent, respectively,” PPA officer-in-charge Raul T. Santos said in a statement.
Containerized cargo volume went up by 5.23 percent to 958,628 twenty-foot equivalent units (TEUs) from 910,955 TEUs. Domestic boxes increased by 5.30 percent at 374,978 TEUs from 356,121 TEUs. Foreign boxes posted a 5.19 percent increase from 554,834 TEUs to 583,650 TEUs.
“As expected, Manila’s North Harbor continues to rank first in terms of volume of domestic containerized cargo handled during the period with 172,694 TEUS,” Santos noted.
“The Manila International Container Terminal, on the other hand, continues to handle the largest volume of foreign containerized cargo with 328,309 TEUs, followed by South Harbor with 150,422 TEUs,” he said.
“Moreover, private ports handled 20.16 MMT or 58.14 percent of the total cargo volume nationwide while government ports accounted for 14.51 MMT or 41.86 percent,” Santos added.
Shipcalls for the period went up by 14.27 percent to 68,209 from 59,690. Domestic shipcalls grew by 13.99 percent and foreign shipcalls by 26.34 percent.
Passenger volume reached 10.20 million, up 11.56 percent year-on-year.