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            july 24, 2019

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Latin America ports experience 7.7pc rise in cargo volume


Ports in Latin America and Caribbean ports handled 7.7 per cent more cargo in 2018 compared to the previous year, with total volume hitting 53.2 million TEU, representing 7.1 per cent of global container movement, according to data published by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC).
In 2017 cargo traffic rose by 6.6 per cent increase, Xinhua reported.
Ten countries contributed the most to the total volume of cargo handled, equivalent to 84.1 per cent of regional movement. These countries include Brazil, Mexico, Panama, Colombia, Chile, Peru, Argentina, Ecuador, the Dominican Republic and Jamaica.
South America's east coast saw a 12 per cent rise in port volume in 2018, while the west coast saw a seven per cent increase. Cargo at Caribbean ports was up 12 per cent, while Central America saw growth of seven per cent on its west coast. The Gulf of Mexico registered an eight per year-on-year increase, and cargo in the Mexican Pacific was up 11 per cent.
The report presented by ECLAC is based on an analysis of data from 31 countries and 118 ports and port areas in the region.

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