Imports for the first half of 2023 are projected to decline by 22% compared to the same period last year

Trade & Border IssuesHot Spots
Written By Jennifer Joslyn

📉 Imports for the first half of 2023 are projected to decline by 22% compared to the same period last year.

According to the Global Port Tracker report by the National Retail Federation and Hackett Associates, import cargo volume at major US container ports is expected to be 22% lower in the first half of 2023 compared to the same period last year, despite increased consumer spending. Disruptions at West Coast ports have not yet significantly impacted nationwide data.

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Jennifer Joslyn
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