Busan Leads South Korean Port Growth, But Lags International Peers — Panjiva
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Busan Leads South Korean Port Growth, But Lags International Peers

Corp - Ports 881 Mode - Containerized 1469 Mode - Seaborne 1802 South Korea 578

South Korea’s ports’ container handling climbed 6% on a year earlier in August, led by an 11% growth in international traffic. In turn the biggest driver was Busan port’s 10% rise in export handling. It also led on trans-Pacific routes with U.S.-bound shipments rising 4% vs. a 33% decline for all other South Korean ports. Yet, South Korea has lagged mainland China – which grew 11% – and Singapore’s 10% expansion.

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