Cargo operations at Los Angeles International Airport (LAX) in June set another single-month record for trade by value, with a total of $14.9 billion in global imports and exports.
“The continuation of record-setting cargo operations at LAX highlights our airport’s critical role in the global supply chain,” said Justin Erbacci, Chief Executive Officer, Los Angeles World Airports (LAWA). “LAX is one of the busiest ports in the nation, and our long-term cargo modernization plan will ensure that we have the infrastructure and modern facilities needed to continue in this role for decades to come.”
In June LAX totaled $8.86 billion in imports and $6.07 billion in exports, a 22.94% increase over June 2021. This also was an impressive 16.59% increase over May 2022, according to a ustradenumbers.com analysis of U.S. government data.
For the first half of 2022, trade at LAX was valued at $78.71 billion, which is a 21.52% increase over the first six months in 2021. Imports have led the way at $47.81 billion year-to-date while exports were valued at $30.9 billion. Those figures place LAX eighth among all ports of entry in the U.S., and third among all U.S. airports.
Read more about the latest cargo and trade numbers here.