March Trade with Asia Up at L.A., Long Beach, Down at Oakland, NWSA: PMSA Report

Long Beach Container Terminal
Long Beach Container Terminal
An aerial view of the Long Beach Container Terminal. Photo via Port of Long Beach.

The ports of Los Angeles and Long Beach posted gains in East Asia-related trade in the month of March, while ports in Oakland and the Northwest Seaport Alliance – consisting of the ports of Seattle and Tacoma – saw decreases, according to the Pacific Merchant Shipping Association’s latest West Coast Trade Report.

Combined, the five major West Coast gateways processed 56.9% of all containerized import tonnage coming to the U.S. from Asia in March, up slightly from 56.8% the previous year, according to the report.

“However, the Big Five’s combined share of the value of containerized imports from East Asia tumbled to 60.6% from 64.0% in March 2021,” the report stated.

Looking at containerized imports from Asia, Los Angeles/Long Beach saw a rise in tonnage from 45% in March 2021 to 46.3% in March 2022, PMSA data show. Meanwhile, Oakland saw its tonnage dip from 3.9% in March 2021 to 3.6% in March 2022 and NWSA saw it drop from 7.9% in March 2021 to 7% in March 2022, according to the report.

With containerized exports to Asia, Los Angeles/Long Beach and Oakland experienced some improvement in March. L.A./Long Beach saw it increase from 30.1% in March 2021 to 35.5% in March 2022 and Oakland saw an uptick from 8.9% in March 2021 to 9.4% in March 2022. However, NWSA saw it decline from 11.5% in March 2021 to 10.4% in March 2022, according to the report.

By Karen Robes Meeks