Full imports gain is 18.8% in six months compared to same period last year
Oakland, Calif. – August 22, 2024: The Port of Oakland July full container volume continues on its trajectory of steady growth. Full container volume (imports and exports) rose 2.4% compared to July 2023. Full imports increased 18.8% over the last six months compared to the same time frame last year.
“We are encouraged that demand for imports is steadily increasing and anticipate the remainder of the year to be strong,” said Port of Oakland Maritime Director Bryan Brandes. “This growth reflects an influx of back-to-school and holiday goods across our docks.”
The Port handled 478,762 TEUs (twenty-foot containers) from February through July 2024, compared to 403,801 TEUs during that period in 2023. Full imports increased 2.6% year over year. The Port handled 80,135 TEUs (twenty-foot containers) in July 2024, compared to 78,122 TEUs in July 2023. Import demand remains strong based on freight rates, as well as feedback from importers.
Full exports rose 2.2%, transiting 59,362 TEUs in July 2024, versus 58,059 TEUs in July 2023.
Empty imports dropped 25.1%, with 10,627 TEUs passing through Port facilities in July 2024, compared to 14,196 TEUs in July 2023. Empty exports jumped 10.1%, with 34,343 TEUs departing from the Port in July 2024, as opposed to 31,179 TEUs in July 2023.
Overall cargo volumes were reduced slightly due to a few canceled or blank sailings in July 2024, which reduced the number of vessel calls at the Port of Oakland.
About the Port of Oakland
The Port of Oakland generates vital economic activity, community benefits and environmental innovation, as the Port decarbonizes its operations for a cleaner and greener future. Along with its partners, the Port supports 98,345 jobs in the region and $174 billion in annual economic activity. The Port oversees San Francisco Bay Oakland International Airport, the Oakland Seaport and nearly 20 miles of waterfront including Jack London Square, and a publicly owned utility. The Port of Oakland is Everyone’s Port! Connect with the Port of Oakland and San Francisco Bay Oakland International Airport through Facebook and Twitter, or with the Port on LinkedIn, YouTube, and at www.portofoakland.com.
Media Contacts
Marilyn Sandifur
David DeWitt