The number of imports grew while exports fell at the Port of Oakland in February, according to data released by the port Friday, March 18.
Imports in February rose 6.3%, continuing a robust U.S. consumer demand for goods created abroad, according to the port. Meanwhile, exports dropped 10.3% year over year, which the port says has been hindered in the shortage of containers and lack of vessel space.
“We’re gratified by the strength of the import business moving through Oakland,” Port Maritime Director Bryan Brandes said. “And we’re certain that export totals are going to pick up as we increase capacity to transport U.S. products overseas.”
Oakland’s imports started solidly with the Northern California seaport with 169,000 TEUs in January and February. If that pace continues, Oakland would be on track to shatter its record of one million imports, which was set in 2021.
Meanwhile, the port has been working to bolster export numbers by drawing new ship services, partnering with federal agencies to establish a pop-up container yard for exporters to use.