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Australia

Australia ranked No. 23 in total trade value through February with a total of $5.26 billion. Exports totaled $3.61 billion and Imports totaled $1.65 billion, a surplus of $1.96 billion.

January – February 2019

Top Trading Ports

Total Trade: $5.26 billion

RankPortTotal YTD
1Port of Long Beach $786,793,649
2Los Angeles International Airport $497,261,888
3Port of Philadelphia $397,817,392
4Port of Savannah, Ga. $372,928,921
5Chicago O’Hare International Airport $348,668,462
6Port of Charleston $285,819,617
7Port of Los Angeles $238,473,091
8Port of New Orleans $207,991,875
9Honolulu International Airport, Hawaii $191,156,093
10John F. Kennedy International Airport $182,147,117

U.S. trade with Australia rose to $5.26 billion through February

Australia’s trade with the United States rose to $5.26 billion through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 1.66 percent below its total trade during the same time period last year. Australia’s exports decreased 7.35 percent while imports rose 13.6 percent. The U.S. surplus with Australia was $1.96 billion.

Through February, 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 Philadelphia; No. 4 Port of Savannah, Ga.; 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 Chicago O’Hare International Airport No. 4 Port of Philadelphia and No. 5 Port of Everett, Wash.. In the current time period, the top five accounted for 45.71 percent of Australia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Long Beach rose 2.91 percent to $786.79 million.
    Exports rose 2.87 percent to $714.01 million. Imports rose 3.22 percent to $72.79 million.
  • Trade with No. 2 Los Angeles International Airport rose 7.22 percent to $497.26 million.
    Exports rose 16.71 percent to $305.57 million. Imports fell 5.08 percent to $191.69 million.
  • Trade with No. 3 Port of Philadelphia rose 11.97 percent to $397.82 million.
    Exports rose 6.37 percent to $142.65 million. Imports rose 15.36 percent to $255.16 million.
  • Trade with No. 4 Port of Savannah, Ga. rose 24.52 percent to $372.93 million.
    Exports rose 22.29 percent to $327.04 million. Imports rose 43.18 percent to $45.89 million.
  • Trade with No. 5 Chicago O’Hare International Airport fell 6.71 percent to $348.67 million.
    Exports fell 18.67 percent to $193.3 million. Imports rose 14.17 percent to $155.37 million.

Australia ranked No. 23 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 $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Australia by value through February 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 20.09 percent of total exports to Australia.

The value of the top five categories of U.S. imports from Australia –– Sheep or goat meat, fresh, chilled or frozen; Plasma, vaccines, blood; Value added to a returned import; Aluminum, unwrought; and Frozen beef –– accounted for 36.72 percent of all inbound shipments.

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

  • Motor vehicles for transporting people rose 5.29 percent compared to last year to $238.74 million.
  • Low value shipments rose 0.56 percent compared to last year to $144.93 million.
  • Medical instruments for surgeons, dentists, vets fell 7.34 percent compared to last year to $122.51 million.
  • Plasma, vaccines, blood rose 13.82 percent compared to last year to $109.5 million.
  • Civilian aircraft, parts fell 75.72 percent compared to last year to $109.38 million.

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

  • Sheep or goat meat, fresh, chilled or frozen rose 22.81 percent compared to last year to $143.09 million.
  • Plasma, vaccines, blood fell 3.27 percent compared to last year to $140.63 million.
  • Value added to a returned import rose 36.35 percent compared to last year to $115.61 million.
  • Aluminum, unwrought rose 221.37 percent compared to last year to $108.66 million.
  • Frozen beef fell 6.82 percent compared to last year to $97.42 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.