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Volume of cargo handled at Helsinki Port drops 6% in H1 2019

posted onJuly 25, 2019

Cargo handling at Helsinki Port, the largest general port for import in Finland tumbled 6.1% during the first six months of 2019 compared to the corresponding period of the previous year, the port said.

The cargo is shipped in containers, trucks, trailers, and other similar large units. The cargo traffic transported via the Port mostly consists of semi-finished and finished products, which on average are more valuable than other goods in foreign traffic.

A total of 7.1 million tonnes of cargo was transported via the Port in H1 2019 while in H1 2018  the figure was 7.6 million tonnes.

The amount of unitised cargo traffic stood at  5.9 million tonnes, or 2.5% lower than that in the first six months of the last year.

The amount of imports reached 2.7 million tonnes which was 1.7% lower while the amount of exports was 3.2 million tonnes or 3.2% lower than that in the corresponding period of the previous year.

The amount of container traffic  between January and June was 267,000 TEUs (Twenty Equivalent Units), which was 2.0% higher than in the same time last year.

The number of trucks and trailers passing through the Port of Helsinki in H1 2019 stood at 3.8 million, which was 3.6% lower than that in H1 2018.

Helsinki Port

(Graph Source: Helsinki Port)

In 2018, a total of 14.7 million tonnes of goods were transported via the Port of Helsinki. The main export commodities were products for the forest industry, machinery and equipment, whereas in imports the most prominent product group were daily consumer goods. 

The volume of foreign goods traffic going through the Port is, in tonnes, approximately 14 per cent of the traffic of all Finnish ports. With unitised cargo, however, the proportion of the Port of Helsinki is significantly larger: approximately 40 per cent. The value of the goods is 43–54 billion euros, i.e. 40–50% of the value of all maritime transport in Finland. 

In 2018, the turnover of Port of Helsinki Ltd was 97 million euros. According to the Brahea Centre at the University of Turku, the annual financial impact of the port operations adds up to approximately 4.1 billion euros as of May 2019.

The Port of Helsinki is also the largest port for passenger traffic in Finland.  The total number of recorded passengers travelling through the Port in January to June 2019 was 5.5 million, approximately the same as  in the first six months of last year.

Regular liner traffic vessels recorded a total of 5.3 million passengers, which was 0.9% lower compared to the same period  last year.

Traffic between Helsinki and Tallinn declined by 1.5% in H1 2019  while traffic between Helsinki and Stockholm increased slightly, by 0.2%, compared to the corresponding period of the previous year.

At a time that the trade war between USA and China is taking place in the form of tariffs on billions of dollars of goods the maritime industry is watching all developments and their impact on shipping