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Wednesday, February 15, 2012

LA area Port Traffic mostly unchanged year-over-year in January

by Calculated Risk on 2/15/2012 05:55:00 PM

The following graphs are for inbound and outbound traffic at the ports of Los Angeles and Long Beach in TEUs (TEUs: 20-foot equivalent units or 20-foot-long cargo container).

Container traffic gives us an idea about the volume of goods being exported and imported - and possibly some hints about the trade report for January. LA area ports handle about 40% of the nation's container port traffic.

To remove the strong seasonal component for inbound traffic, the first graph shows the rolling 12 month average.

LA Area Port TrafficClick on graph for larger image.

On a rolling 12 month basis, inbound traffic is up 0.1% from December, and outbound traffic is flat.

On a rolling 12 month basis, outbound traffic is moving "sideways" for the last 4 or 5 of months, and it appears inbound traffic has halted the recent decline.

The 2nd graph is the monthly data (with a strong seasonal pattern for imports).

LA Area Port TrafficFor the month of January, loaded inbound traffic was up 1% compared to January 2011, and loaded outbound traffic was flat compared to January 2010.

On both a rolling 12 month and year-over-year basis, imports and exports were mostly unchanged.

All current trade graphs