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Ports & Terminals

Chattogram Port’s customs revenue reaches record high in November  

by Kalpana Pandey
December 7, 2022
in Ports & Terminals, Asia, Customs & Border Regulations, News
Reading Time: 1 min read
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Export-import container handling at Chattogram Port increased in November following a decline for two consecutive months.

A review of Chattogram Port’s container handling data shows that the volume of container handling increased in August compared to July of the current financial year. Container handling volume increased in November after two consecutive months of decline in September and October.

Revenue collection in the first five months of fiscal 2022-23 stood at Tk25,862.24 crore, an increase from Tk22,452.87 crore in the same period a year ago. That means Tk3,409.37 crore more revenue was collected between July and November compared to the same period of the last financial year.

For Chattogram Customs House, the July-September period saw the most significant decrease in imports of 658,036 tonnes of 20 types of products compared to the previous year. The shipment of those products dropped by around 54%.

The products include cane sugar, betel nuts, apples, fresh vessels, floating structures, motor cars, other vehicles, steel, petroleum oils, parts of air conditioning machines, motorcycles, structures and parts of structures and household refrigerators.

Around 98% of the containers transported through all seaports of the country are shipped through Chattogram port. In fiscal 2021-2022, container handling in the country’s main seaport was 32.55 lakh TEUs. The customs house collects duty on goods imported through the seaport.

Tags: chattogram portcontainercustoms

Kalpana Pandey

The Maritime Gateway Editorial Team delivers trusted news, analysis, and insights on shipping, ports, logistics, supply chains, and global trade, backed by industry expertise and editorial review.

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