JIP Receives 5mn Tonnes Of Food Imports

News: The Jeddah Islamic Port (JIP) in Saudi Arabia received 5mn tonnes of food in the period ended May, compared with 4.5mn tonnes in the same period a year before, reports Arab News, citing a report issued by the General Port Authority. The port received 912,000 tonnes of goods in May, compared with 751,000 tonnes in the same period the previous year. The rise in imports was expected due to increasing consumer demand. The increase in imports has created significant backlog of containers inside the port as gates are closed for trucks. The closure of gates is expected to increase the prices of commodities and may lead to the emergence of a black market, according to local economists.

This article is tagged to:
Sector: Freight Transport, Shipping
Geography: Saudi Arabia

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