Busan Port

Business

Yearly Results

Container Processing Yearly Results
2022 2023 2024
Total 22,078 23,154 24,402
Container YOY (%) △2.8 4.9 5.4
Export & Import 10,311 10,744 10,905
Import 5,133 5,331 5,410
Export 5,178 5,414 5,495
Coastal 1 1 0
Transshipment 11,766 12,409 13,497
Transshipment YOY (%) △4.1 5.5 8.8
Transshipment Share (%) 53.3 53.6 55.3
Loading & Unloading Capacity 20,895 22,845 22,845

Proportion of Container Throughput in Korea

Unit: 1,000 TEUs

Container Processing Proportion of Container Throughput in Korea
2022 2023 2024 Share (%)
Nationwide Total 28,822 30,147 31,735 -
Busan Port 22,078 23,154 24,402 76.9
Gwangyang Port 1,864 1,863 2,010 6.3
Incheon Port 3,192 3,461 3,557 11.2

Proportion of Transshipped Container Throughput in Korea

Unit: 1,000 TEUs

Container Processing Proportion of Transshipped Container Throughput in Korea
2022 2023 2024 Share (%)
Nationwide Total 12,157 12,739 13,889 -
Busan Port 11,766 12,409 13,497 97.2
Gwangyang Port 278 251 309 2.3
Incheon Port 72 48 49 0.35

World’s 10 Busiest Container Ports by Throughput

Unit: 10,000 TEUs

Container Processing World’s 10 Busiest Container Ports by Throughput
2021 2022 2023 YOY (%)
Shanghai 4,703 4,730 4,916 3.9
Singapore 3,747 3,729 3,901 4.6
Ningbo 3,107 3,335 3,530 5.8
Shenzhen 2,877 3,004 2,988 △0.5
Qingdao 2,371 2,567 2,877 12.1
Guangzhou 2,447 2,486 2,541 2.2
Busan 2,271 2,207 2,304 4.4
Tianjin 2,027 2,102 2,219 5.5
Dubai 1,374 1,397 1,447 3.6
Hong Kong 1,780 1,669 1,440 △13.7

Cargo Traffic at New Port

Unit: 1,000 TEUs

Container Processing Cargo Traffic at New Port
2022 2023 2024 YOY (%)
Total 15,248 16,309 17,880 9.6
Export & Import 5,980 6,357 6,704 5.5
Transshipment 9,268 9,952 11,176 12.3

Trends in Cargo Traffic at North Port & New Port

Unit: 1,000 TEUs

Container Processing Trends in Cargo Traffic at North Port & New Port
2022 2023 2024 YOY (%)
Total 22,078 23,154 24,402 5.4
North Port Volume 6,830 6,844 6,521 △4.7
Share (%) 30.9 29.5 26.7 -
New Port Volume 15,248 16,309 17,880 9.6
Share (%) 69.1 70.4 73.2 -

Vessel Arrivals & Departures

Unit: vessels

Container Processing Vessel Arrivals & Departures
2022 2023 2024
Total 88,015 90,453 86,097
Arrivals 43,989 45,179 42,958
Departures 44,026 45,274 43,139