The Impact of the Baltimore Bridge Disaster on Building Materials

Material Costs
Published

The tragic March 26 collapse of Baltimore’s Francis Scott Key Bridge, following a collision with a massive container ship that lost power, is expected to cause supply-chain disruptions.

Imports will not be able to enter the port, and exports cannot leave as the collapsed bridge blocks the primary route into the Baltimore port. Imported commodities from overseas will need to be diverted to other ports of entry.

Based on Census data, the United States imported more than $3.08 trillion worth of goods from overseas. Baltimore imported $58.8 billion worth of goods in 2023, making it the 5th largest port of entry on the eastern seaboard and 15th largest overall in the U.S.

Baltimore’s largest import for 2023 was personal motor vehicles ($22.47 billion import value), followed by heavy duty machinery such as bulldozers and excavators ($3.62 billion). Unwrought aluminum was the 5th highest valued import for Baltimore at $1.25 billion.

Top imports related to the home building industry include:

  • Plywood, veneered panels and similar laminated wood ($425.07 million), which represents 16% of the U.S. total import value for 2023, making it the most important port for plywood imports.
  • Gypsum ($23.99 million), representing 14% of the U.S. total import value for 2023 and the highest level of gypsum imports for any U.S. port.
  • Sawn lumber ($198.22 million), which represents 3% of the U.S. total import value for 2023, making Baltimore the 11th most important port for sawn lumber imports.

Other items of note include electrical transformers ($263.74 million), which represents less than 1% of the U.S. total import value.  

NAHB will continue to monitor the data and provide updates as they become available.

Subscribe to NAHBNow

Log in or create account to subscribe to notifications of new posts.

Log in to subscribe

Latest from NAHBNow

Economics

Jun 15, 2026

Builder Sentiment Remains Weak Amid Affordability Concerns

Builder confidence in the market for newly built single-family homes fell two points to 35 in June, according to the NAHB/Wells Fargo Housing Market Index (HMI) released today. This is the 14th straight month that sentiment has remained below 40, a streak not seen since 2011-2012 during the foreclosure crisis.

Spring Leadership Meeting | Remodeling | Workforce Development | Economics

Jun 12, 2026

Podcast: NAHB Puts Residential Construction Front and Center on the Hill

On the latest episode of NAHB’s podcast, Housing Developments, CEO Jim Tobin and COO Paul Lopez are joined by NAHB member David Price, a remodeler from Greenville, N.C., to talk about his experience at NAHB’s Legislative Conference and his perspective on the current housing market.

View all

Latest Economic News

Economics

Jun 12, 2026

Single-Family Permits Continue to Decline Through April as Multifamily Activity Strengthens

Through April 2026, residential construction activity remained uneven across housing sectors. Single-family permitting continued to soften compared with a year ago, reflecting persistent affordability challenges and elevated borrowing costs, while multifamily permitting posted solid gains supported by stronger activity in several regions.

Economics

Jun 11, 2026

Residential Building Material Prices Rise at Highest Rate In Over Three Years

Wholesale prices of goods used in residential construction rose in May as energy prices continued to climb.

Economics

Jun 10, 2026

Inflation Surpassed 4% in May

Inflation accelerated to a new three-year high in May, driven by continued increases in energy costs from the Iran war. Energy costs drove more than 60% of the monthly increase, with national gasoline prices jumping more than a dollar since the war began.