Port Cargo Down 9.5% in Capital, 19.4% in Sihanoukville in 2009

The total volume of cargo at Sihanoukville and Phnom Penh autonomous ports fell significantly last year as Cambodia struggled to cope with weak commercial demand stemming from the global economic crisis.

Lou Kimchhun, director of Sihanoukville Autonomous Port, said that cargo volume fell by 19.4 percent last year compared to 2008 levels.

In 2009, a total of 208,000 six-meter containers passed through Sihanoukville, the country’s main industrial port, compared to 258,000 in 2008, he said.

“Most of the imported goods came from China and consisted of material for the garment sector,” Mr Kimchhun said.

According to figures at the port, almost 50 percent of the cargo volume last year was for export to the US, Cambodia’s largest market for garments, he added.

Revenue figures at the port have not yet been finalized.

The amount of cargo that passed through Phnom Penh Autonomous Port also saw a fall, though this was less steep.

In 2009, cargo volume in Phnom Penh fell by 9.5 percent compared to the previous year, according to data received yesterday from port officials.

Official data at the port, which are yet to be finalized, show that approximately 43,000 six-meter containers passed through the port last year compared to a total of 47,507 in 2008.

“In the last two months of 2009…we saw trade levels become a little more stable,” said Hei Bavy, director of Phnom Penh Autonomous Port. “We just hope that 2010 will be a little more positive.”

Officials at the port are still generating revenue figures.

Most of the material exported from Phnom Penh port consisted of agricultural produce, whereas the majority of imports are made up of construction material and household goods, Mr Bavy said.

The capital’s port earned $5 million in 2008, down from $6.2 million in 2007.

 

Related Stories

Latest News

The Weekly DispatchA weekly newsletter from The Cambodia Daily delivering news, analysis and opinion to your inbox. Published every Friday at 11:30am. Sign up today.