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US ports shipping more exports despite imports decline on virus outbreak
来源： 编辑：编辑部 发布：2020/04/10 09:41:07
US Ports may be suffering a downturn in imports, but American exports are on the rise, despite the coronavirus outbreak, reports Washington, DC's CQ Roll Call.
Most ports expect an upturn in April as factory restarts in China. "What we predict is trade will come back slowly, and then it will come back with a roar," said Joseph Harris, a spokesman for the Virginia Port Authority, which operates terminals in Hampton Roads.
The snapshot of ports activity, coming as the US endures a deep economic shock caused by steps to contain the COVID-19 pandemic, is an early indication of how the coronavirus is affecting international trade.
Virginia Port Authority import volumes were down by 7.4 per cent in February from the same month a year earlier, but export volumes were up by 3.6 per cent in container equivalents, attributed to increases in soybean and processed pork exports to China.
Most ports expect an upturn in April as factory restarts in China. "What we predict is trade will come back slowly, and then it will come back with a roar," said Joseph Harris, a spokesman for the Virginia Port Authority, which operates terminals in Hampton Roads.
The snapshot of ports activity, coming as the US endures a deep economic shock caused by steps to contain the COVID-19 pandemic, is an early indication of how the coronavirus is affecting international trade.
Virginia Port Authority import volumes were down by 7.4 per cent in February from the same month a year earlier, but export volumes were up by 3.6 per cent in container equivalents, attributed to increases in soybean and processed pork exports to China.