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Australia

Australia ranked No. 21 in total trade value through August with a total of $23.81 billion. Exports totaled $16.4 billion and Imports totaled $7.41 billion, a surplus of $8.99 billion.

January – August 2019

Top Trading Ports

Total Trade: $23.81 billion

RankPortTotal YTD
1Port of Long Beach $3,348,710,312
2Los Angeles International Airport $2,226,292,336
3Port of Savannah, Ga. $1,904,178,242
4Port of Philadelphia $1,838,828,335
5Chicago O’Hare International Airport $1,764,415,246
6Port of New Orleans $1,150,072,498
7Port of Charleston $1,093,397,835
8Port of Los Angeles $1,003,830,607
9Port of Houston $793,399,114
10Honolulu International Airport, Hawaii $776,637,627

U.S. trade with Australia rose to $23.81 billion through August

Australia’s trade with the United States rose to $23.81 billion through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 0.84 percent above its total trade during the same time period last year. U.S. exports to Australia decreased 3.13 percent while U.S. imports from Australia rose 10.9 percent. The U.S. surplus with Australia was $8.99 billion.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Long Beach; No. 2 Los Angeles International Airport; No. 3 Port of Savannah, Ga.; No. 4 Port of Philadelphia; and No. 5 Chicago O’Hare International Airport. During the same period the previous year, the top five were No. 1 Port of Long Beach No. 2 Los Angeles International Airport No. 3 Port of Savannah, Ga. No. 4 Port of Philadelphia and No. 5 Chicago O’Hare International Airport. In the current time period, the top five accounted for 46.55 percent of Australia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Long Beach fell 0.82 percent to $3.35 billion.
    Exports fell 1.43 percent to $3.03 billion. Imports rose 5.33 percent to $323.15 million.
  • Trade with No. 2 Los Angeles International Airport rose 3.94 percent to $2.23 billion.
    Exports rose 4.79 percent to $1.31 billion. Imports rose 2.73 percent to $913.8 million.
  • Trade with No. 3 Port of Savannah, Ga. rose 10.5 percent to $1.9 billion.
    Exports rose 9.63 percent to $1.72 billion. Imports rose 19.25 percent to $185.23 million.
  • Trade with No. 4 Port of Philadelphia rose 13.58 percent to $1.84 billion.
    Exports rose 19.01 percent to $615.81 million. Imports rose 11.04 percent to $1.22 billion.
  • Trade with No. 5 Chicago O’Hare International Airport rose 19.55 percent to $1.76 billion.
    Exports fell 6 percent to $947.8 million. Imports rose 74.66 percent to $816.62 million.

Australia ranked No. 21 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 24.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Australia by value through August were the categories of Motor vehicles for transporting people; Low value shipments; Medical instruments for surgeons, dentists, vets; Plasma, vaccines, blood; and Civilian aircraft, parts, respectively. They accounted for 21.24 percent of total exports to Australia.

The value of the top five categories of U.S. imports from Australia –– Plasma, vaccines, blood; Frozen beef; Sheep or goat meat, fresh, chilled or frozen; Value added to a returned import; and Aluminum, unwrought –– accounted for 39.37 percent of all inbound shipments.

Looking more closely at U.S. exports to Australia:

  • Motor vehicles for transporting people rose 2.97 percent compared to last year to $1.16 billion.
  • Low value shipments rose 1.03 percent compared to last year to $668.2 million.
  • Medical instruments for surgeons, dentists, vets fell 7.8 percent compared to last year to $595.76 million.
  • Plasma, vaccines, blood rose 39.47 percent compared to last year to $562.95 million.
  • Civilian aircraft, parts fell 55.02 percent compared to last year to $499.32 million.

Looking more closely at U.S. imports from Australia:

  • Plasma, vaccines, blood rose 39.29 percent compared to last year to $765.11 million.
  • Frozen beef rose 9.99 percent compared to last year to $576.92 million.
  • Sheep or goat meat, fresh, chilled or frozen rose 13.69 percent compared to last year to $567 million.
  • Value added to a returned import rose 31.54 percent compared to last year to $551.73 million.
  • Aluminum, unwrought rose 273.21 percent compared to last year to $456.38 million.

In the latest annual figures available, Australia recorded $34.65 billion in trade with the United States. At year’s end, its were Los Angeles; Philadelphia; Atlanta/Savannah; Honolulu; and Chicago. Total U.S. exports to Australia were $ 24.6 billion and imports from Australia were $10.05 billion. The U.S. surplus with Australia was $14.55 billion.