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Home Maritime

Cargo Movement in Mexican Ports Decreases by 2.4%

Mexican ports, which have been key witnesses to the influx of goods related to the country's nearshoring industrial trend, experienced a 2.4% decline in cargo movement.

T21 Media by T21 Media
27 June, 2024
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The cargo moved through Mexican ports has totaled 115 million 645 thousand 148 tons during January-May 2024 , considering high-altitude movements and cabotage, a decline of 2.4% compared to the same period last year, influenced due to the falls in bulk minerals and oil and derivatives.

The statistics of the General Coordination of Ports and Merchant Marine (CGPMM) showed in its latest report that loose general cargo had an increase of 7.6% in the compared periods, to reach 14 million 005 thousand 104 tons.

Meanwhile, general containerized cargo reached 24 million 127 thousand 910 tons, with a rebound of 12.6 percent.

Agricultural bulk , for its part, closed the first five months of this year with the handling of eight million 345 thousand 160 tons or an advance of 5.4 percent.

Mineral bulk showed a downward adjustment of 16.5% in the January-May 2024 period vs. same period of 2023, with 21 million 488 thousand 162 tons operated in Mexican ports.

Other fluids continued with a positive trend, adding four million 492 thousand 463 tons (+1.5%); but oil and derivatives fell 6.1%, with 43 million 186 thousand 349 tons, according to CGPMM statistics.

Mexican ports have been one of the main witnesses of the arrival of goods related to the industrial trend of nearshoring (relocation of production lines) that the country is experiencing, which is why private terminals have begun to make operational and infrastructure adjustments to be able to meet the demand that arises.

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Tags: CGPMMMaritime cargo transportationPorts of Mexico

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