Tonnages continue to decline through Mexico’s ports

The Q3 loss of 7.9% was down from the 14.2% and 11.1% declines experienced in Q1 and Q2 respectively, thanks mainly to improvements in the import and domestic cargo sectors. Export volumes trailed last year’s by about 13% through all three quarters.

While substantial tonnage declines were reported for containerised, breakbulk, bulk minerals, and petroleum cargo, agribulks and non-petroleum liquid bulks stood out as oases of hope in a sea of gloom with tonnage increases from a year ago of 20.7% and 5.4%, respectively.

Cargo tonnage declines were experienced on both coasts: 11.8% on the Pacific and 10.6% on the Gulf of Mexico.