NWSA Reports Strong Import Growth Amid Tariff Concerns

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  • Shippers accelerating orders ahead of expected tariffs have driven strong import volumes at the Northwest Seaport Alliance (NWSA).
  • Full international imports surged 27.9%, marking a full year of consecutive month-over-month growth and exceeding the five-year average by 4.8%.
  • Full international exports declined 7.7%, while total container volume (international and domestic) grew 13.7% compared to February 2024, reaching 257,705 TEUs.
  • Year-to-date (YTD) volumes are up 19.3%, with imports increasing 31.3% and exports declining 1.9%.

In February, major carrier alliances underwent a reshuffle. By mid-March, NWSA, Husky Terminal, and Hapag-Lloyd welcomed the Gemini Cooperation’s maiden call to Tacoma (South) Harbor, according to Northwest Seaport Alliance.

Carrier Alliances & Service Expansion

Gemini Cooperation, a new alliance between Hapag-Lloyd and Maersk, enhances service at the NWSA with a focus on schedule reliability. The WC4/TP5 transpacific service introduces direct capacity between China, South Korea, Japan, and other key markets through a dedicated feeder network.

Domestic Cargo Performance

Overall domestic container volumes increased 2.2% YTD compared to 2024. Alaska volumes saw a slight rise of 0.1%, while Hawaii volumes recorded 12.8% growth.

Other Cargo Statistics

Breakbulk cargo declined 40.2% YTD, totaling 46,985 metric tons. The downturn is attributed to high interest rates impacting sales of agricultural, mining, and construction equipment.

Auto volumes dropped 33.7% YTD, with 40,271 units handled. The decline reflects slower nationwide auto sales.

Further Insights

For a detailed breakdown of cargo performance:

  • [Container Volumes – February 2025]
  • [Cargo Statistics – February 2025]

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Source: Northwest Seaport Alliance