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U.S.-Europe Trade Booms as Old Allies Draw Closer

Summary by Ground News
The U.S. has imported more goods from Europe than from China in 2022. The shift is helping Europe’s embattled manufacturers and pushing East Coast ports ahead of their West Coast counterparts in import volumes.Container imports into major East coast ports were up 3.4% year-over-year in September while the inbound volume dropped 17.8% at West Coast ports.

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U.S.-Europe Trade Booms as Old Allies Draw Closer

The U.S. has imported more goods from Europe than from China in 2022, pushing East Coast ports ahead of their West Coast counterparts in import volumes

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supplychainbrain.com broke the news on Thursday, November 24, 2022.
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