LA Port Visitors Decreased 12 months-over-year in Might

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by Calculated Danger on 6/17/2024 10:57:00 AM

Container site visitors provides us an thought concerning the quantity of products being exported and imported – and normally some hints concerning the commerce report since LA space ports deal with about 40% of the nation’s container port site visitors.

The next graphs are for inbound and outbound site visitors on the ports of Los Angeles and Lengthy Seaside in TEUs (TEUs: 20-foot equal models or 20-foot-long cargo container).

To take away the sturdy seasonal element for inbound site visitors, the primary graph reveals the rolling 12-month common.

Click on on graph for bigger picture.

On a rolling 12-month foundation, inbound site visitors decreased 0.4% in Might in comparison with the rolling 12 months ending in April.   Outbound site visitors decreased 0.1% in comparison with the rolling 12 months ending the earlier month.

The 2nd graph is the month-to-month knowledge (with a robust seasonal sample for imports).

LA Area Port TrafficOften imports peak within the July to October interval as retailers import items for the Christmas vacation, after which decline sharply and backside within the Winter relying on the timing of the Chinese language New 12 months.  

Imports have been down 5% YoY in Might, and exports have been down 1% YoY.    

Usually, it seems port site visitors is returning to the pre-pandemic patterns.

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