Santos handled a record 10.6 million tons in February

Cargo handling at the Port of Santos recorded 5.4% growth in February compared to the same period in 2019 when the month closed with a record 10.6 million tons handled. Imports grew 16.2% in the year-to-date compared to last year reaching  3.3 million tons, and shipments increased 1.1%, ending the month at 7.3 million tons. The result was driven by container movement which showed double digit growth. The movement of containers measured in TEU jumped 23.3% in February year-on-year, to 343,800 TEU. Containerized handling also increased in tonnage terms by 16.6% to 3.8 million tons. This performance was driven by exports that grew 19.7% to 2.13 million tons. The cargo handled at ports that showed the most growth was cellulose, which increased 43.9% year-on-year to 410,000 tons.

Year-to-date

The accumulated total of cargo handled for the year so far reached 18.9 million tons, 1.1% below the same period last year. This was affected by a 5.4% drop in shipments to 12.5 million tons, mainly reflecting the decrease in soybean exports, the leading cargo handled at Santos.  Despite having performed well in February, soybean exports registered a decrease compared to year-ago levels as there was an exceptionally high amount exported last year.  Imports, on the other hand, grew 8.8% in the first two months, totaling 6.4 million tons. Containerized cargo totaled 682,300 TEU in the year to date, up 19.6% year-on-year. The flow of vessels in the year so far totaled 760, a 2.2% drop compared to the same period last year (777).

Trade balance

The Port of Santos accounted for 26.8% or US$237 billion of Brazil’s total trade in February of US$883 billion. Exports via Santos totaled US$130.8 billion (26.4%) and imports US$106.2 billion (27.3%).

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