Port of Vancouver volumes up 11% in first half of 2023

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Port of Vancouver volumes up 11% in first half of 2023
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Grain volumes more than doubled, cruise ship traffic back 'with a vengeance'

The Port of Vancouver saw overall growth of 11 per cent in cargo volumes moving through the port in the first half of 2023, with some record or near record growth in some sectors, like cruise ships and grain exports, according to port’s mid-year cargo statistics.A total of 75.9 million metric tonnes of goods moved through Port of Vancouver in the first six months of 2023, compared to 68.6 MMT for the same period in 2022.

While imports overall were down, one notable exception was vehicle imports, which were up 28 per cent in the first half of 2023 compared to the first half of 2022, according to Pang. “We’re seeing a very strong rebound in the first six months,” Pang said. "We’re seeing pre-pandemic type volume.” “Almost 500,000 passengers passed through the Canada Place cruise terminal at the Port of Vancouver from April 1 to June 30, 2023, and there were 134 cruise ship visits.”“The Port of Vancouver—like many major container ports in North America—experienced a drop in containerized imports throughout the first six months of 2023 due to a cooling economy and well-stocked retailer inventories,” Pang said.

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