Yokohama Container Trade Sinks

Yokohama Container Trade Sinks

Yokohama Bay Bridge

The Port of Yokohama in Japan saw its container trade with foreign countries tumble 6.7 percent in the first half of this year from a year earlier to 1,284,352 20-foot equivalent units, according to preliminary figures released by the Yokohama municipal government.

In the January-June period, the Port of Yokohama exported 691,657 TEUs of containers, down 6.0 percent from the same six-month period last year, and imported 592,695 TEUs of containers, down 7.5 percent year-on-year.

The Port of Yokohama is Japan’s second-largest container port after the Port of Tokyo. Including container trade within Japan, the Port of Yokohama handled a total of 1,437,720 TEUs in the first half of this year, down 6.9 percent from a year earlier.

The Port of Yokohama handled 433,746 TEUs of containers in trade with China — its biggest trading partner — in the January-June period. Exports to China totaled 245,983 TEUs, down 7.1 percent, while imports from China amounted to 187,763 TEUs, down 8.6 percent.

The Pot of Yokohama handled 146,031 TEUs of containers in trade with the United States — its second-biggest trading partner — in the first six months of 2013. Exports to the U.S. totaled 34,888 TEUs, down 19.2 percent, while imports from the U.S. amounted to 111,143 TEUs, down 11.9 percent.

Among the U.S. ports, the Port of Los Angeles is the Port of Yokohama’s biggest trading partner. The Japanese port handled 70,021 TEUs of containers in trade with the Port of Los Angeles in the January-June period, or 47.9 percent of its overall container trade with the U.S. Exports to the Port of Los Angeles were 24,389 TEUs, down 19.4 percent from a year earlier, while imports from the U.S. port were 45,632 TEUs, down 7.7 percent year-on-year.