Thursday, May 1, 2014

Port volume on the rise in Q1

1 May 2014

Cargo volumes at Cambodia’s two largest ports increased steadily during the first three months of the year, signalling stability in the Kingdom’s economy. Data from Sihanoukville Autonomous Port (SAP), Cambodia’s largest shipping dock, showed more than 860,000 20-foot-long shipping containers passed through the port during the first quarter of the year, up 13% from the same period last year.

While imports accounted for more than three-quarters of the port’s total volume figures, exports increased 35% year-on-year. The rise of import and exports of goods reflects the growth of the economy. Between January and March, the port saw a notable increase in agricultural exports, especially milled rice, as well as continued high levels of garment and textile exports.

Meanwhile, the Phnom Penh Autonomous Port (PPAP) saw an 18% increase in volume with some 29,000 containers passing through between January and March, compared with 24,000 containers a year earlier.

Source:
http://www.phnompenhpost.com/business/port-volume-rise-q1

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