- The Port processed 2.26 million TEUs in 2024, a 9.5% increase from 2023.
- Imports increased by 15%, and exports grew by 5.4% year-over-year.
- Refrigerated cargo volume decreased by only 4%, outperforming the broader U.S. market trend.
- The dry cargo market saw strong imports, with furniture, plastic products, and batteries leading the way.
In 2024, the Port of Oakland experienced solid growth, handling 2.26 million TEUs, a 9.5% increase over the previous year. This growth is a reflection of the long-term rise in consumer spending in both the San Francisco Bay Area and across the U.S.
“Consumer demand has remained resilient, driving higher import volumes through the Port,” said Port of Oakland Maritime Director Bryan Brandes. “This performance underscores the port’s strong foundation for continued growth and its critical role in global trade.”
Imports and Exports Show Positive Trends
Imports at the Port of Oakland rose by 15% in 2024, while exports grew by 5.4%, demonstrating balanced growth across key markets.
Resilience in the Refrigerated Cargo Sector
Despite an 8% decline in the U.S. refrigerated cargo market, the Port of Oakland reduced its reefer volume decline to just 4%, significantly outperforming broader market trends. Beef and pork shipments were particularly strong, with 36,000 and 31,000 TEUs, respectively.
Strong Performance in Dry Cargo
In dry cargo, imports were led by furniture (110,000 TEUs), plastic products (60,000 TEUs), and batteries (37,000 TEUs), with the latter contributing $6.7 billion in cargo value. On the export side, wastepaper dominated with nearly 130,000 TEUs, while the export of nuts reached an impressive 83,000 TEUs, valued at over $4 billion.
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Source: Port of Oakland
