The Northwest Seaport Alliance (NSWA) has reported a record 365,088 TEU of laden international imports moved through the gateway during Q1 2022.
Fewer vessel calls in March have led to a decline in full imports for the month. However, overall import demand, consumer demand, and retail inventory restocking remained strong.
A decrease in loaded exports has been registered throughout March while the ongoing supply chain congestion has had a negative impact on capacity and equipment availability for the agricultural sector.
NWSA volumes in March declined by 2.5 per cent to 330,906 TEU, with full imports declining by 11.7 per cent and full exports by 24.9 per cent year-over-year.
Year-to-date volumes were up by 0.5 per cent to 901,234 TEU, with full imports growing by 1.2 per cent and full exports declining by 28.1 per cent.
Domestic volumes increased by 1.1 per cent compared to Q1 2021, while Alaska volumes increased by 0.5 per cent and Hawaii volumes grew by 3.4 per cent.
Last February, imports reached an all-time high for NWSA in its cargo throughput announcement.
