S. Korea's container cargo volume at seaports increase 1.3% in Q1

South Korea's seaports processed 7.29 million twenty-foot-equivalent units (TEUs) of container cargos in the first quarter, rising 1.3 percent on-year from the previous year's 7.19 TEUs, according to the Ministry of Oceans and Fisheries.

Meanwhile, processed export-import cargo surged 4.5 percent on-year to reach 4.24 million TEUs in the first quarter.

The ministry attributed the growth to increased trade with China and Canada.

The ministry expects container cargo volume to be processed at South Korea's seaports to further increase due to the global vaccine inoculation program and economic stimulus measures by major economies.