South Korea's cargo volume at seaports declined 2.3 percent to 118 million tons of cargo in February from 121 million tons a year earlier.
Container cargo processed at the seaports dropped 0.9 percent on-year at 2.21 million twenty-foot equivalent units.
The ministry pointed out that added February this year had fewer working days compared with the previous year.
However, processed export-import cargo rose 0.4 percent on-year, rebounding after 14 months of decline.
According to the data compiled by the Ministry of Oceans and Fisheries, the growth was due to rising overseas demand for sports utility vehicles and eco-friendly cars, increasing 47 percent to $3.5 billion.


Dollar Rises as Fed Hike Bets Weigh on Asian Currencies
Oil Prices Surge as Houthi Attacks Raise Saudi Supply Fears
Saudi Oil Exports Face 4% Global Supply Threat as Pipeline Remains Shut
Asian Stocks Steady as AI Shares Rebound Ahead of Fed Decision
Gulf Ministers to Meet Iran in Oman Over Hormuz Shipping Deal
Global Central Banks Brace for More Rate Hikes as Inflation Risks Rise
UK Businesses Urge Government to Cut Electricity Levies
Goldman Sachs Forecasts Fed Rate Hike as Inflation Risks Rise
China Home Prices Fall Again as Property Slump Drags on Growth
US Treasury Yields Near 5% as Oil Fuels Inflation Fears
Central Banks Could Buy 20,000 Tonnes of Gold: BofA
China Industrial Output Beats Forecasts as Exports Support Growth
BOJ Set to Raise Rates to 1.25% as Inflation Risks Build
Gold Prices Fall as Hot U.S. Inflation Boosts Fed Rate Hike Bets 



