Argentinian port activity rises 11.6% in May YoY

The Argentinian Naval Authority (PNA) has published a new edition of the Waterway and Maritime Activity Index, which measures the volume of cargo transported by these routes. The index tries to explain port activity, and thus to provide statistics on the performance of the Argentine port system as a whole. The highlight was a significant 11.6% rise in shipping activity in May compared to April, with 11.1m tons transported, which also represents a 28% year-on-year increase.

According to the index, exports increased 10.5% in May compared to April 2019, to over 10.2m tons, a 48.2% rise compared to the same period last year. Imports in the month rose 23.7% in relation to April, to 972,442 tons. Although this represents a 46.7% drop year-on-year, the accumulated highs during the first four months of 2019 allowed the total to reach more than 3.8m tons.

Source: Portal Portuário

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