Hutchison Ports is in the process of extending its port facilities in Ensenada, Mexico. The port so far has been import focused with inbound shipments accounting for 65.1% of volumes handled through the port in 2018. While imports grew 19.6% year over year in 2018 exports fell 2.9%. The latter may reverse in the short-term as the result of a new Asia-outbound service being offered by CMA-CGM. The potential for export growth from the region has been increased by the CPTPP trade deal which includes Japan and Mexico. Leading exporters to Asia from the Baja California region that currently d...
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