Data from Trade Tracker Vizion reveals that what began as a rapid decline in US imports is now expanding to a nationwide decline in exports as shippers cut orders from manufacturing partners worldwide. The company noted that the US agricultural sector and top farm products, including soybeans, corn and beef, have been hit hardest.
Peter Friedman, executive director of the Agricultural Transport Union (AGTC), said last week. “A real crisis” In the agricultural sector. Port data shows evidence that there is a lack of ability to transfer products to the global market.
Trump’s trade tariff brings us imports and exports closer to covid levels
Trump’s trade tariffs will expand to “almost all US exports,” supply chain data shows
This is an issue we need to watch… US exports are declining!https://t.co/gzoenjkod8 pic.twitter.com/jk0igcs9li
– Salmercoliano (wgow shipping) May 6, 2025
Data from Trade Tracker Vizion shows a decline in exports to the United States, particularly to China, beginning in January, and now expanding to most US ports. The company analyzed US export container reservations five weeks before the tariffs began and the tariffs came into effect.
Vizion has revealed that the Port of Oregon was the most affected, with exports falling by 51% and the Port of Tacoma saw a 28% drop. Both ports that are top export destinations of both corn, soybeans and other agricultural products include China, Japan and South Korea.
Other ports saw only minor export declines, such as Houston and Seattle, with 3% and 3.5% respectively, according to the container tracker. Vizion data showed a decline of more than 17% in the Port of Los Angeles, with Savannah down 13% and Norfolk down 12%. Ben Tracy, Vizion’s vice president of strategic business development, argued that it was clear that almost every US export was a hit.
I haven’t seen anything like this since the summer 2020 turmoil. So, products that are expected to arrive in the next 6-8 weeks are simply not. When operating costs of tariffs increase, small businesses are suspending orders. Products that once reliably moved are now twice as expensive, forcing importers to be stricter decisions. ”
-Kyle Henderson, CEO of Vizion.
Henderson also believes that the decline in exports is linked to a decline in containerships coming to the US as changes in global demand related to Trump’s trade policy will cause businesses across the economy to cancel manufacturing orders. The analytics company showed a 43% drop in containers per week from the week of April 21st to the week of April 28th.
Bank of America expects a continuous decline in US imports over the coming weeks
The Port of Los Angeles, the country’s largest container port, currently forecasts that import containers will fall by 20% over the next three weeks compared to last year.
This is what appears to be the beginning of a supply chain crisis and hopes Trump will stop it here. pic.twitter.com/iyve3xs3ap
– Brendan Duke (@brendan_duke) April 30, 2025
Bank of America Global the study The retailer suggested that they encouraged consumers to buy earlier and later. The agency’s latest forecast showed that ships to ships to the port of Los Angeles would drop sharply in May. The company also believes trade disruptions will escalate, with US container imports from Asia falling by 15% to 20% over the next few weeks.
Bank of America also warned its clients that retail inventory to monthly sales are not high, while at the same time consumers are buying ahead of rising prices and lack of product selection. Financial institution data on retail payments for transport and shipping companies showed no major ramps in stock after the front load that occurred earlier this year.
Bank of America said it believes retail inventory could actually be visible “Little” In the next few months. The bank also added that many retailers have one to two months of inventory sales and if a disruption in demand or supply is foreseen, it could quickly affect what the retailer can offer and the prices charged.
Tim Robertson, CEO of DHL Global Forwarding, believes that retailers currently locking capacity are giving them the opportunity to hurry up and change things in a hurry, especially in rapidly moving sectors such as Toys, Consumer Electronics and Fashion. Robertson argued that it wasn’t about pushing extra volume, but about the sequence of flows that balance the ocean, air, and intermodal options if demand changes.
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