The Port of Oakland’s total container volume increased by 10.7% in March over February, reaching 170,268 TEUs.
In particular, overall exports, loaded and empty containers, rose 13.1% compared to February 2023, while overall imports also rose by 7.9%.
This March marks the first month since November 2020 that Port of Oakland loaded exports have outpaced full imports.
“Exports are very important to Oakland and it’s great to see an upswing in our total export cargo volume compared to February; we hope to see that continue,” stated Port of Oakland maritime director Bryan Brandes.
Loaded exports dropped 6.1% in March 2023, with 65,635 TEUs versus 69,878 TEUs in March 2022. Additionally, empty exports declined 28.8%, registering 26,225 TEUs this March in contrast to 36,832 TEUs in March 2022.
Regarding the port of Oakland’s import sector, full TEUs continue their downswing compared to March 2022, registering a 23.3% drop, with 125,946 TEUs handled by the US port this March in contrast to 164,148 TEUs in March 2022.
Furthermore, this year’s first quarter full TEU volume declined by 20.5% compared to the first quarter of 2022.
Moreover, loaded imports dropped 36%, with 60,311 TEUs transiting the port, compared to 94,271 TEUs in March 2022. Empty imports rose 34.3%, as 18,097 TEUs passed through the port versus 13,479 TEUs in March 2022.
