In the current economic climate, the Port of Oakland has exhibited remarkable resilience and stability in its container throughput. The port handled 187,389 TEUs (twenty-foot equivalent units) in May 2023, showing a slight decrease from 188,036 TEUs during the same period last year, but demonstrating improvement compared to April's 185,499 TEUs. This performance underscores the port's operational capabilities and future growth potential.
From January through May this year, Oakland's cumulative container throughput reached 974,417 TEUs, marking a 6% increase year-over-year. These figures reflect both the port's commitment to operational optimization and efficiency improvements, as well as global markets' continued reliance on Oakland's facilities. Despite fluctuating trade currents and tariff challenges, the port has maintained robust growth, demonstrating exceptional competitiveness and adaptability.
During May, the port accommodated 87 vessel calls, with an average handling capacity of 2,220 TEUs per vessel. These metrics represent more than mere throughput numbers—they showcase the port's efficient logistics system and coordination capabilities. Export volumes reached 67,327 TEUs, showing a 4% month-over-month increase and an 8.7% year-over-year growth, largely driven by strong demand for agricultural products and refrigerated cargo. This reflects the sustained growth momentum of U.S. agricultural exports.
Import performance remained stable despite global headwinds. May's import throughput of 79,323 TEUs showed a marginal decline from 80,035 TEUs in May 2022, indicating resilient core market demand even amid tariff barriers and trade restrictions. This stability suggests underlying strength in consumer markets.
The port's empty container movements revealed interesting market dynamics. May saw a 19.8% decrease in empty exports (26,779 TEUs), while empty imports rose 10.1% to 13,960 TEUs. These opposing trends demonstrate the port's agile adjustment capabilities in responding to market fluctuations while maintaining operational balance.
Looking ahead, despite multiple uncertainties in global trade—from shifting tariff policies to evolving market demands—Oakland Port maintains a solid foundation. With core market demand remaining strong, the port expects continued growth in coming months. Management emphasizes ongoing efforts to enhance service quality and operational efficiency to better meet customer needs and strengthen Oakland's market position.
Through both challenges and opportunities, the Port of Oakland continues to contribute to economic prosperity with its operational excellence and market responsiveness. As international trade gradually recovers, Oakland's future development warrants close observation.
