U.S. ports handled 2.34 million TEUs in March! Total imports in the first half of the year are expected to be 13.5 million TEUs!

It is learned that according to foreign media reports, import volumes at US ports set a new record in the spring of 2022, and import volumes in May are expected to be close to historical peaks.

According to the monthly global port tracking report released by the National Retail Federation (NRF) and Hackett Associates, American consumers spend significantly more than they earn, and they make large purchases before product prices rise. In order to meet consumer demand, retailers can only continue to replenish inventory. However, due to inflation, rising costs and continued global supply chain problems, port congestion has intensified.

In addition, according to the report, in March of this year, US ports handled a total of 2.34 million TEUs (20-foot standard containers), an increase of 10.8% from February and 3.2% from 2021. At the same time, it also exceeded the monthly TEU record since 2021. In May 2021, US ports handled more than 2.33 million TEUs.

Port reports for April have not yet been released, but U.S. ports are forecast to handle 2.27 million TEUs in April, up 5.7% from the same period last year. May is expected to be 2.30 million TEUs, down 1.4% from the same period last year, but still the third highest level in history. June will be 2.29 million TEUs, up 6.6% year-on-year. July will be 2.31 million TEUs, up 5.3% year-on-year. August will be 2.29 million TEUs, up 0.9% year-on-year. September will be 2.15 million TEUs, up 0.3% year-on-year.

It is understood that according to forecasts, the total import volume of US ports in the first half of 2022 (January to June) is expected to be 13.5 million TEUs, a year-on-year increase of 5.1%.

It is reported that in 2021, US ports handled a total of 25.8 million TEUs, an increase of 17.4% from 22 million TEUs in 2020. It can be seen that in recent years, with the rapid development of e-commerce, Americans' demand for imported goods has increased.

Editor ✎ Nicole/

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