Pandemic restrictions slow growth of retail imports

United States
Published:  20 September, 2021

Growth in imports at the U.S.’ largest retail container ports has slipped from double to single digits as a result of continued pandemic-related supply chain disruptions, according to the National Retail Federation’s Global Port Tracker report.

U.S. ports covered by latest figures in the Global Port Tracker handled 2.19 million Twenty-Foot Equivalent Units (TEU) in July, up 2% from June and 14.2% from the previous year. Though ports have yet to report August numbers, the tracker projects 2.27 million TEU, which would be up 7.8% year-over-year.

September is forecast at 2.21 million TEU, up 5.1% year-over-year; October at 2.19 million TEU, down 1.3% for the first year-over-year decline since July 2020; November at 2.13 million TEU, up 1.4%, and December at 2.07 million TEU, down 1.8%.

Source: FDRA