Source: Port Authority of New York and New Jersey.Cargo Handled
by the Port of New York, 1991-2011 (metric tons)The port of New York is mainly an import port since it services a
large metropolitan region that has lost a substantial share of its
industrial base and focusing on services. The growth of the traffic handled by the
port during the 1990s is solely attributed to cargo imports as
de-industrialization endured. However, a new trend started to emerge
in the 2000s, which involves a growth of export cargo. It involves a
relative decline of the US dollar, making American exports more
competitive and a rise in the price of commodities that have incited
an active market for the export of waste products and recyclable
materials.