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LA Port Traffic in November: Exports Increase

By Anonymous

Notes: this data is not seasonally adjusted. LA area ports handle about 40% of the nation's container port traffic.

The following graph shows the loaded 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). Although containers tell us nothing about value, container traffic does give us an idea of the volume of goods being exported and imported - and possible hints about the trade report for November.

Click on graph for larger image in new window.

There is a strong seasonal pattern for loaded inbound traffic, and traffic was up about 15% compared to November 2009.

After stalling out over the summer, loaded outbound traffic is up sharply over the last two months, and was up 19% YoY from November 2009.

This suggests that the trade deficit with China (and other Asian countries) might have declined somewhat in November (seasonally adjusted).

Full post as published by Calculated Risk on December 17, 2010 (boomark / email).