Encouraging Rīga port cargo figures this year in Latvia

In the seven months of this year, 13.2 million tonnes of cargo were transhipped in Free Port of Riga, which is 13.1% or 1.52 million tonnes more than in 2021 during this time period, the port told LETA on August 15.

The positive freight dynamics are driven by an increase in the energy freight segment. In the seven months of this year, there were 2.75 million tonnes of container cargo transhipped in Riga port, which is 13.4% more compared to an analog period last year.

In total, in July this year 1.84 million tonnes of different cargo were transhipped at Riga port, which is lagging the previous month by 2.6% or 48,600 tonnes, while exceeding the July 2021 figures by a quarter (24%) or 0.35 million tonnes.

Last month, compared to recent months, the amount of coal transhipped (0.24 million tonnes) decreased, while compared to June the turnover of forestry goods increased by 0.49 million tonnes. I

Container cargo flow remained stable in July (0.39 million tonnes), slightly exceeding both June (5%) and July last year (7%). In July, the amount of ore sent through the port also increased, reaching 0.24 million tonnes.

During the seven months of 2022, forestry cargo was most transhipped in Riga port - a total of 3.31 million tonnes, representing 25% of the total cargo transhipped in port, followed by container cargo (21% or 2.75 million tonnes) and coal (20% or 2.67 million tonnes).

Agricultural products also account for significant cargo volumes in the overall cargo portfolio, reaching 9% or 1.23 million tonnes, which is less than last year, however, the port notes that the bulk of this year's production will start only in August.

In July, 270 ships left the port, the largest number of vessels served in one month this year. 30 cruise ships entered the port, the largest number of cruise ships served in one month in the history of the port's existence.

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