Atlanta/Savannah Top Trading Partners
Total trade: $155.87 billion
January – December 2017
Top U.S. Trading Partners
Total U.S. trade: $3.89 trillion
Atlanta/Savannah’s trade increases 8.25 percent through December
Atlanta/Savannah’s trade with the world rose 8.25 percent, from $143.99 billion to $155.87 billion in 2017 when compared to the same period the previous year, according to a WorldCity analysis of latest U.S. Census Bureau data. Atlanta/Savannah’s exports increased 7.09 percent while imports rose 8.79 percent. Atlanta/Savannah’s deficit was $57.49 billion.
Through December the district’s top five trade partners were No. 1 China, No. 2 Germany, No. 3 South Korea, No. 4 Japan and No. 5 United Kingdom compared to the same period last year when the top five were No. 1 China, No. 2 Germany, No. 3 South Korea, No. 4 Japan and No. 5 United Kingdom, respectively.
Taking a closer look at the leading trade partners with Atlanta/Savannah:
- Trade with No. 1 China rose 10.31 percent to $34.82 billion.
Exports rose 0.89 percent to $6.68 billion. Imports rose 12.81 percent to $28.14 billion.
- Trade with No. 2 Germany rose 1.48 percent to $15.86 billion.
Exports rose 8.49 percent to $5.41 billion. Imports fell 1.81 percent to $10.45 billion.
- Trade with No. 3 South Korea fell 3.81 percent to $10.38 billion.
Exports rose 9.4 percent to $2.08 billion. Imports fell 6.64 percent to $8.3 billion.
- Trade with No. 4 Japan rose 2.55 percent to $9.01 billion.
Exports rose 1.18 percent to $1.93 billion. Imports rose 2.92 percent to $7.08 billion.
- Trade with No. 5 United Kingdom rose 14.04 percent to $8.34 billion.
Exports rose 14.72 percent to $2.65 billion. Imports rose 13.72 percent to $5.7 billion.
Atlanta/Savannah’s top five trading partners through December accounted for 50.31 percent of its trade with the world. The U.S. average for the same time period was 55.3 percent.
Atlanta/Savannah had trade surpluses with 145 countries and deficits with 79 through December. That compares with 146 surpluses and 74 deficits for the same period one year earlier. The top three surpluses through December of this year were with Australia, $1.41 billion; The Netherlands, $1 billion; and Hong Kong, $812.04 million. The top three deficits through December of this year were with China, $21.47 billion; South Korea, $6.22 billion; and Japan, $5.15 billion.
Top Exports from Atlanta/Savannah
Total Exports: $49.19 billion
|1||Motor vehicles for transporting people||$7,261,297,631|
|2||Civilian aircraft, parts||$5,889,525,989|
|3||Aircraft engines, engine parts||$1,549,351,006|
|4||Chemical wood pulp, not dissolving grade||$1,433,818,676|
|5||Medical instruments for surgeons, dentists, vets||$1,293,889,270|
|7||Misc. uncoated kraft paper, paperboard||$964,212,371|
|8||Poultry, fresh, chilled or frozen||$928,961,005|
|10||Medicines in individual dosages||$782,197,076|
January – December 2017
Top Imports to Atlanta/Savannah
Total Imports: $106.68 billion
|1||Motor vehicles for transporting people||$11,152,230,141|
|2||Medicines in individual dosages||$6,187,380,932|
|3||Plasma, vaccines, blood||$3,583,331,662|
|4||Motor vehicle parts||$3,230,735,548|
|6||Aircraft engines, engine parts||$2,190,109,411|
|7||Exports returned, without change||$1,966,668,405|
|8||Cell phones, related equipment||$1,958,556,811|
Meanwhile, total U.S. trade with the world increased to $3.89 trillion, up 6.77 percent compared to the same period last year. The nation’s exports climbed 6.4 percent to $1.55 trillion; imports climbed 7.02 percent to $2.34 trillion. The nation’s top five customs districts so far this year, by value, are Los Angeles; New York City; Laredo; Detroit and Chicago. The overall trade deficit was $796.17 billion, up compared to the same period of last year when the deficit was $735.46 billion.
Atlanta/Savannah’s top five exports by value through December were Motor vehicles for transporting people; Civilian aircraft, parts; Aircraft engines, engine parts; Chemical wood pulp, not dissolving grade; and Medical instruments for surgeons, dentists, vets, in that order. They accounted for 35.43 percent of total exports from Atlanta/Savannah.
Atlanta/Savannah’s top five imports by value through December were Motor vehicles for transporting people; Medicines in individual dosages; Plasma, vaccines, blood; Motor vehicle parts; and Computers. They accounted for 25.39 percent of all inbound shipments.
Looking more closely at Atlanta/Savannah’s exports:
- Motor vehicles for transporting people fell 0.6 percent compared to last year to $7.26 billion.
- Civilian aircraft, parts rose 2.23 percent compared to last year to $5.89 billion.
- Aircraft engines, engine parts fell 13.08 percent compared to last year to $1.55 billion.
- Chemical wood pulp, not dissolving grade rose 1.98 percent compared to last year to $1.43 billion.
- Medical instruments for surgeons, dentists, vets rose 2.05 percent compared to last year to $1.29 billion.
On the import side:
- Motor vehicles for transporting people rose 0.12 percent compared to last year to $11.15 billion.
- Medicines in individual dosages rose 18.38 percent compared to last year to $6.19 billion.
- Plasma, vaccines, blood rose 8.22 percent compared to last year to $3.58 billion.
- Motor vehicle parts fell 8.01 percent compared to last year to $3.23 billion.
- Computers fell 10.23 percent compared to last year to $2.93 billion.
Last year the Atlanta/Savannah customs district posted total trade with the world of $143.99 billion. The district’s deficit was $52.12 billion. At the end of the year, the custom’s districts top five trading partners were China, Germany, South Korea, Japan and United Kingdom. Exports totaled $45.93 billion and imports came to $98.06 billion.