WCIT Northwest Trade Dashboard

WCIT Northwest Trade Dashboard

The dashboard covers quarterly data on:WCIT Trade Dashboard thumbnail

  • The volume of international trade by Congressional district
  • Top exports
  • Volume at all of the ports with exports*
  • Top countries for imports and exports
  • The number of jobs related to international trade
  • The total imports and exports
  • And more.

This provides insights into opportunities for growth and the impact of international trade on the state’s economy.

The WCIT Northwest Trade Dashboard is a valuable resource for businesses, policymakers, and stakeholders who are interested in tracking the state’s international trade activities. Additionally, businesses and job seekers interested in the region’s trade jobs can use this data to identify thriving industries and potential areas for job growth.

The dashboard also provides information on the top countries for imports and exports to and from the Northwest. This information can help businesses to identify new markets for their products and services as well as understand the competitive landscape and help policymakers as they weigh policy proposals.

WCIT Q2 2024 Trade Dashboard

Here are some highlights from the Northwest trade data for Q2 2024.

Washington

  • Exports Hold Steady: WA exports only fell 1% on a quarterly basis, helped by a surge in transportation equipment exports.
  • Imports Continue to Fall: WA imports fell 6% on a quarterly basis, partially driven by a decline in imports from Canada.
  • Port Volume Grows: WA port volumes grew 6% on a quarterly basis, mostly due to an uptick in volume coming through WA’s major ports — in particular, the ports of Blaine and Tacoma.

Oregon

  • Exports Continue to Grow: OR exports grew 8%, on a quarterly basis, to $8.1B. Significant growth to computer & electronic products, machinery, and chemical exports contributed to this trend.
  • Imports Surged: OR imports increased 10% on a quarterly basis, nearly hitting $7B. This was partially driven by increases in imports from major trade partners, namely Japan and Canada.
  • Port Volumes Fall: OR port volumes fell by 5% on a quarterly basis, mainly due to a turndown in volume seen by the port of Portland (-5% vs. Q1 2024).

Idaho

  • Exports See Growth: ID exports grew by 4% on a quarterly basis, the first quarter in ID history to exceed $1.0B in exports.
  • Imports Increase: ID imports increased 10% on a quarterly basis, nearly hitting $2B. This was partially driven by increases in imports from major trade partners, namely Singapore and Qatar.
  • Port Volumes Drop: ID port volumes fell by 12% on a quarterly basis, largely due to a decrease in volume seen by the port of Eastport (-13% vs. Q1 2024).

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