SIMIC

THE Port of Oakland experienced a solid 2024, processing 2.26 million TEU, representing a 9.5 per cent increase over 2023.

The 2024 cargo data reflect a long-term growth trend in consumer spending in the San Francisco Bay Area and in the rest of the country, reports New York's MarineLink.



"Consumer demand has remained resilient, driving higher import volumes," said port maritime director Bryan Brandes. "This performance underscores the port's strong foundation for continued growth and its critical role in global trade."



On the full container side, imports saw a strong 15 per cent increase in 2024, while exports grew by 5.4 per cent year on year, highlighting balanced growth across key markets.



Despite an eight per cent decline in the overall US reefer market in 2024, down four per cent, outperforming broader market trends.



Leading the reefer category were beef (36,000 TEU) and pork (31,000 TEU), with most of this cargo handled directly at the port.



In the dry cargo market, imports were led by furniture (110,000 TEU), plastic products (60,000 TEU), and batteries (37,000 TEU), with the latter contributing $6.7 billion in cargo value.



On the export side, wastepaper dominated with nearly 130,000 TEU, while the export of nuts reached an impressive 83,000 TEU, valued at over $4 billion.