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Mumbai port cargo traffic sees decline in FY26 (up to May); crude oil remains top commodity

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Mumbai port cargo traffic sees decline in FY26 (up to May); crude oil remains top commodity

in Economy
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Mumbai port cargo traffic sees decline in FY26 (up to May); crude oil remains top commodity

DBT Bureau

Pune, 18 July 2025

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Mumbai Port has recorded a drop in cargo traffic in the current financial year 2025–26 (up to May), handling just 11.785 million tonnes, compared to 68.625 million tonnes during the full fiscal year 2023–24. This dip reflects a sluggish start to the year amid shifting trade dynamics and seasonal factors.

Overall Cargo Movement Slows Down

Financial YearTotal Cargo (Million Tonnes)
2021–2259.891
2022–2363.608
2023–2467.261
2024–2568.625
2025–26*11.785

*Note: FY26 data is up to May 2025 only.

Crude Oil and POL Products Lead Cargo Volumes

Crude oil continues to be the largest single commodity handled at Mumbai Port. In FY24, crude oil (including pipelines) contributed 28.002 million tonnes. As of May 2025, this figure stands at 4.975 million tonnes, signaling a potential slowdown.

Likewise, POL (Petroleum, Oil, and Lubricants) products, including pipeline cargo, accounted for 11.718 million tonnes in FY24, but have only reached 1.924 million tonnes in the current fiscal.

Key Commodity-Wise Performance (in ‘000 tonnes)

CommodityFY24 TotalFY26 (Up to May)
Crude Oil23,4184,324
Crude Oil – Pipeline5,584651
POL Products9,8991,653
POL – Pipeline1,819271
Iron & Steel4,844514
Coal (TPC)1,953405
Motor Vehicles19429
Stream Cargo (Anchorage)16,7943,165
Bulk Chemicals1,937429
Fertilisers47973

Commodities with Minimal or No Traffic

– Veg Oil, Molasses, and Pulses registered negligible movement.
– Sugar exports fell to zero in FY26 (up to May), following a marginal 10,000 tonnes in FY24.
– Containerised cargo declined drastically from 6,000 tonnes to just 4,000 tonnes.
– Project cargo, calcite chips, and cement also saw minimal handling.

While Mumbai Port has shown consistent growth over recent years, the first two months of FY26 indicate a concerning slowdown in cargo movement. Industry watchers attribute this to global trade fluctuations, changing import-export patterns, and potential logistical disruptions.

Crude oil, POL products, and stream cargo continue to anchor the port’s operations, but diversifying cargo handling and boosting throughput may be key to sustaining growth in the coming months.

Source: Mumbai Port Authority

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