Exports and Volume Increase over Q1; Imports Stable
Seattle, WA – December 5, 2022. The Washington Council on International Trade (WCIT) publishes a Quarterly Trade Dashboard to capture and reflect Washington state’s international trade landscape. The dashboard provides the most relevant trade information for Washington businesses, farmers, workers, community leaders, and elected officials.
The 2022 Q2 Dashboard is now available, covering relevant statistics in key trade categories from April through June. Some key takeaways from the data include:
- Exports Tick Up: Businesses in WA exported $16 billion worth of goods in Q2–slightly higher (+3%) than in Q1 2022 and a 28% increase compared to Q2 2021
- Imports Sidewind: Goods imports totaled $18 billion in Q2–roughly equal to Q1 2022 and 23% higher than in Q2 of 2021
- Canada, China, and Japan remain the top import origins
- Steady Trade Volume: The WA port system transported around $47 billion in goods – 2% more than the prior quarter (Q1) and a 7% increase compared to Q2 of 2021
All of the WCIT Quarterly Trade Dashboards can be viewed on our Dashboard page.