Six Ports Indicate 22nd Increase in Trade Deficit Lies Ahead — Panjiva
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Six Ports Indicate 22nd Increase in Trade Deficit Lies Ahead

Corp - Ports 661 Mode - Containerized 1005 Mode - Seaborne 1273 Trade Balance 657 U.S. 3297

Preliminary data from six major ports shows U.S. exports likely markedly underperformed imports in November. Container handling through Savannah, Ga. and its neighboring ports climbed 11.4% on a year earlier including a 17.3% surge in loaded containers. The latter was mostly the result of a 22.4% jump in shipments from China as importers sought to get ahead of tariff increases that have now been delayed. Exports by contrast fell 4.4%. That repeats a pattern seen in Texas, Virginia and California which when combined showed exports falling 5.5% on a year earlier – in part due to Chin...

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