The annual cargo throughput of China’s busiest port, the Port of Ningbo Zhoushan in the eastern province of Zhejiang, reached a record high of 1.2 billion tonnes in 2021, up 4.4 percent year on year, the provincial port and navigation management center said Friday.
The port has held the world’s highest cargo throughput record for 13 consecutive years, while its container throughput surpassed 31 million twenty-foot equivalent units (TEUs) in 2021, ranking third globally, an 8.2 percent year-on-year increase.
By the end of 2021, the sea routes of the port totaled 287, with an increase of 27 routes from the end of 2020.
In 2021, the EU exported €223 billion of goods to China and imported goods worth €472 billion. China is thereby Europe’s foremost trading partner when it comes to imports of goods, of which a substantial part passes through EU ports, in particular maritime ports.
While supply chain disruptions have significantly diminished over the course of 2022, the reversion of the index toward a normal historical range has paused over the past three months. Our analysis attributes the recent pause largely to the pandemic in China amid an easing of «Zero COVID» policies.
