China Port Industry Report

In Jan-May 2007, the total import & export value of China amounted to USD 801.337 billion, up 23.7% year-on-year, among which the value of exports reached USD 443.525 billion, rising 27.8%; and that of imports totaled USD 357.812 billion, growing 19.1%. With the continuous growth of foreign trade, cargo throughput of ports above designated size reached one billion tons, up 15.1% year-on-year. Container throughput realized 33.665 million TEUs, up 24.3% from a year earlier.

In contrast to the fast economic growth and foreign trade, the throughput capacity of ports in China is still insufficient. Currently, there is a gap of 500 million-ton throughput capacity of coastal ports. If compared to the demand in 2010, the gap will be up to over 2 billion tons. Of that, the gap for receiving and unloading capacity of containers, coal, crude oil and ore stands at 82 million TEUs, 330 million tons, 80 million tons and 350 million tons respectively. Furthermore, the comprehensive efficacy of 23 port hubs in China is up to 120% or so.