Turnover of Europe’s largest container port dropped by 7% in 2023

The container turnover of the largest container port in Europe, the Port of Rotterdam, amounted to 13.45 million TEUs in 2023, which is 7% less than in 2022. In comparison with 2021, prior to the escalation of the Ukrainian crisis and the strengthening of the sanctions regime with regard to Russia, which affected the European economy, the port lost 12% or almost 2 million TEUs of annual turnover.

On a quarterly basis, the situation was clearly deteriorating throughout the year: in the fourth quarter, the traffic through the port decreased by 7% quarter-on-quarter and by 12% year-on-year compared to the fourth quarter of the previous year.