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Philippines
Wednesday, April 24, 2024

PPA: Cargo volume up 6% in 4 months

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The Philippine Ports Authority said cargo volume grew 6 percent in the first four months of the year on strong international trade.

Data from PPA showed total cargo volume reached 66.60 million metric tons in the January-to-April period  from 62.63 million MT year-on-year.

Domestic cargoes increased 6.9 percent to 27.75 million MT from only 25.97 million MT  year ago.

Foreign cargo volume rose 6 percent to 38.85 million MT from 36.66 million MT a year ago.

Import volume gained 7.7 percent to 22.21 million MT from 20.63 million MT in 2014 while export volume increased 3.75 percent to 16.63 million MT from 16.03 million MT a year ago.

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