Philippine ports continued to participate in economic globalization and furthered their development compared to Southeast Asian countries, as shown by the latest data from Drewry Maritime Research, surpassing the static volumes of other Southeast Asian ports.
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The Port Strategy Report shows that the Port of Manila was the only port in the region to experience double-digit growth. In contrast, the region’s major ports saw a decline in volumes, while other ports in the region only experienced single-digit growth.
One of the ways to measure the effectiveness of ports is through the Twenty-foot Equivalent Unit (TEU). This is the precise unit of measurement used to determine the loading capacity of container ships and terminals.
In 2022, the Port of Manila handled a total of 5,474,484 TEUs, a significant increase of 10 percent compared to the 4,976,014 TEUs handled in 2021. This makes it the 7th busiest gateway port in Southeast Asia (including all container, gateway, transhipment and domestic cargo).
