Ports of Seattle and Tacoma container volumes dropped 7.2% in October

The Northwest Seaport Alliance (NWSA) announced that its October overall container volumes totaled 310,066 TEUs, a 7.2% decrease from the unusually high October 2018.

International imports were down 15.4%, while exports were down 4% for the month. Full exports for the month grew 7.1% due to strong demand for U.S. agricultural products in established and emerging markets in Asia outside of China.

The impact of the ongoing trade war continues to be felt with full international imports contributing to most of the decline.

Domestic container volumes in October increased 6.8% over October 2018. Alaska’s and Hawaii’s year-to-date volumes were up 6.1% and 1.4%, respectively.

The Alliance’s 2019 container volumes through October reached 3,219,673 twenty-foot equivalent units (TEUs), a 2.9% increase from the same period last year. Exports grew 5.7%, while imports fell 0.9%.

The Northwest Seaport Alliance is a marine cargo operating partnership of the ports of Seattle and Tacoma.

Source: NWSA

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