With more than 25 million inhabitants and a large sea and river port for loading and unloading container supplies, Shanghai is positioned as the most important financial and logistics capital of the Asian continent.

With an extension of more than 13 kilometers in length, this port with direct entrance facing the China Sea, Hangzhou Bay and with mouths on the Yangtza, Huangpu and Quiantan rivers, became the leading port of global trade in the last decade.

It is the dynamism and accessibility of this port that led it, in 2010, to exceed 29,069 million TEUs mobilized annually and to displace the then leader of Chinese supply chains, the Port of Singapore.

In recent years, the Port of Shanghai has become the most important ally for global supply chains, registering a total reception of more than 47 million containers per year by 2021.

These figures position it as the leader in China’s trade, being responsible for more than 17% of container traffic, 27% of total exports and making it the supplier of 3.8% of this country’s GDP.

Leading the lists of the most important ports in the world, Shanghai has managed to surpass others on the list in quantity and volume.

According to data from Alphaliner, only 30% of global trade is in the hands of China, outlining seven ports in the ranking; Hong Kong, Shenzhen, Ningbo Zhous, Guangzhou, Qingdao and Tianjin. Shanghai moves 18.4% and the rest is divided among the other 6 Chinese ports.

And it is that if we compare its port capacity with that of the European leader, Rotterdam, it moves only 37% of the total volume that the port of Shanghai moves annually.

But even the captains have complications, in recent years due to the restrictions due to the COVID-19 pandemic, the logistics of the port of Shanghai have been affected, reducing its operations to only 25% of its capacity.

This has caused long waiting times for the loading and unloading of goods and strongly impacted global supply chains.

The traffic jams at this key port have hit the global economy hard. It delayed the supply of supply chains and increased shipping rates and inflation, mainly to Latin American regions such as Brazil, Colombia and Mexico.

This situation represents a blow to the Mexican economy, since according to the Economic Commission for Latin America and the Caribbean (ECLAC), during the last 15 years Mexico has become a great ally of the Chinese economy, concentrating 23% of exports for metal manufacturing projects and the automotive industry.