MANAGING a 0.4 per cent year-on-year container volume increase in the first five months of the year, Brazil's Port of Santos has made its best annual start ever, reports London's Port Technology.
The share of the Port of Santos in the Brazilian trade flow was 29.4 per cent in May.
Thirty-three per cent of domestic commercial transactions with foreign countries that passed through the Port of Santos in 2022 had China as a partner country.
Sao Paulo remains the state with the highest participation in foreign trade transactions through the Port of Santos, at 51.7 per cent.
Cargo handling at the Port of Santos in the first five months of the year reflected the good performance of Brazilian agribusiness and gave the period its best record: 66.5 million tons, up 5.5 per cent year on year.
The flow of vessels totalled 2,093 vessels, three per cent above the same period last year.
In March, the Santos Port Authority (SPA) published its financial results for 2021, posting the best results in its history.
Last year, the port authority saw its net income rise to BRL$329.1 million (US$66.9 million), up 62.6 per cent over its results for 2020.
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