The Port of Los Angeles data, the main US port for receiving containers:
- in April, 946,966 containers (twenty-foot equivalent units) passed through the port, which became a record in the entire 114-year history of the port, 37% higher than last year and 29% higher than 2019;
- at the same time, imports to the United States increased by 32.4% compared to last year, while exports from the United States decreased by 12%, while exports decreased for 27 of the last 30 months;
- as a result, the ratio of imports to exports reached 4.3 in April, which became a new record, and the number of empty containers that are returned to Asia reached 342,000, which is 81.6% more (almost twice) than last year.
No one knows how long China will supply all this goods in return for nothing (except nice smile).
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