WASHINGTON: Cargo trade through Port Everglades, as measured in dollars, declined in 2015 while increasing at PortMiami, according to trade analysis company WorldCity.
Recent reports on the company’s website, ustradenumbers.com, state that the combined value of imports and exports through Port Everglades fell 7.21 percent, from $27.15 billion to $25.22 billion, between calendar years 2014 and 2015.
Trade value through PortMiami, meanwhile, increased from $23.97 billion to $25.27 billion over the same period, according to the site, which bases its information on economic statistics compiled by the U.S. Census Bureau.
Ken Roberts, president of WorldCity, said much of the decline at Port Everglades can be traced to falling oil and petroleum prices. The value of gasoline and other fuels imported through Port Everglades fell 33.9 percent to $2.27 billion.