Analytics, Cargo, Latvia, Port, Transport

International Internet Magazine. Baltic States news & analytics Friday, 18.09.2020, 15:43

Riga port sees cargo turnover drop 9.4% in 11 months

BC, Riga, 11.12.2019.Print version
During the first 11 months of 2019, the Freeport of Riga handled 30.041 mln tons of cargo, which is a reduction of 9.4% against the same period a year ago, according to information released by the port, reported LETA.

Bulk cargo, which dominated the port’s cargo structure in the first 11 months of 2019, declined 10.9% y-o-y to 19.148 mln tons. Handling of general cargo decreased 4.9% to 7.461 mln tons and reloading of liquid cargo was down 9.9% to 3.431 mln tons.

Coal accounted for 31.9% (39% in 2018 and 35% in 2017) of all cargo reloaded in the first 11 months of this year. Handling of coal dropped 25.9% y-o-y to 9.593 mln tons in January-November 2019.

Containerized cargo made up 14.1%, timber 11.6%, oil products 11.3% and chemical cargo 5.3% of all cargo reloaded in the first 11 months of this year.

In November 2019, cargo turnover declined 19.8 % from October to 2.726 mln tons, which included 1.711 mln tons of bulk cargo, 621,000 tons of general cargo and 394,100 tons of liquid cargo.

In 2018, the port of Riga reloaded 36.432 mln tons of cargo, up 8.2% from 2018, including 29.918 mln tons reloaded in the first ten months of 2018.

Riga is the largest Latvian port by cargo turnover and also by the number of ship passengers.

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