Tuesday, July 23, 2019

Oakland Exports Up, Imports Down

By Karen Robes Meeks

Exports at the Port of Oakland were up 4.2 percent last month compared to June 2018, while imports fell 7.2 percent after four straight months of year-over-year increases, according to new numbers released by the port last week.

The port, which moved 74,901 TEUs in exports last month, has seen export numbers trending upward for the last four months.

“We remain cautious about our trade outlook as we head towards peak shipping season,” said Port of Oakland Maritime Director John Driscoll. “But we’re pleased to see the uptick in exports.” Meanwhile, Oakland’s overall cargo numbers are 3.6 percent higher in the first half of this year than during the first six months of 2018.