by calculated risk May 21, 2024 01:00:00 PM
Container traffic volume helps determine the amount of goods being imported and exported. Some tips about trading reports That’s because the Los Angeles area ports handle about 40 percent of the nation’s container port traffic.
The following graph shows the incoming and outgoing traffic on the port. Los Angeles and long sandy beach Expressed in TEU (Twenty Foot Equivalent Unit, or 20 foot long cargo container).
To remove the strong seasonal component of inbound traffic, the first chart shows a 12-month rolling average.
Click on the graph to see a larger image.
On a rolling 12-month basis, inbound traffic increased 1.4% in April compared to the rolling 12-month period ending in March. Outbound traffic increased 0.8% compared to the rolling 12-month period ending in March.
Import volumes typically peak from July to October as retailers import goods for the Christmas holidays, then decline sharply and bottom out in the winter, depending on the timing of the Lunar New Year.
Imports in April increased by 16% compared to the previous year, and exports increased by 10%.
In general, port traffic appears to be returning to pre-pandemic patterns.
