China
China ranked No. 3 in total trade value through March with a total of $131.97 billion. Exports totaled $25.99 billion and Imports totaled $105.97 billion, a deficit of $79.98 billion.
Top Trading Ports
| Rank | Port | YTD |
|---|---|---|
| 1 | Port of Los Angeles | $29.89 B |
| 2 | Chicago O'Hare International Airport | $13.1 B |
| 3 | Port of Long Beach | $9.55 B |
| 4 | Port of Newark | $8.02 B |
| 5 | Port of Savannah, Ga. | $6.6 B |
| 6 | Los Angeles International Airport | $6.52 B |
| 7 | Port of Charleston | $4.11 B |
| 8 | John F. Kennedy International Airport | $3.81 B |
| 9 | Port of Tacoma, Wash. | $3.51 B |
| 10 | Port of Oakland, Calif. | $3.38 B |
Top Exports
| Rank | Commodity | YTD |
|---|---|---|
| 1 | Civilian aircraft, parts | $3.25 B |
| 2 | Computer chips | $2.19 B |
| 3 | Motor vehicles for transporting people | $1.93 B |
| 4 | Soybeans | $1.7 B |
| 5 | Plasma, vaccines, blood | $908.25 M |
| 6 | Medical instruments for surgeons, dentists, vets | $746.46 M |
| 7 | Machinery, parts for semiconductor manufacturing | $580.53 M |
| 8 | Oil | $405.23 M |
| 9 | Medical equipment for physicals | $379.62 M |
| 10 | Medicines in individual dosages | $345.82 M |
Top Imports
| Rank | Commodity | YTD |
|---|---|---|
| 1 | Cell phones, related equipment | $11.84 B |
| 2 | Computers | $9.13 B |
| 3 | TVs, computer monitors | $3 B |
| 4 | Seats, excluding barber, dental | $2.45 B |
| 5 | Motor vehicle parts | $2.38 B |
| 6 | Furniture, parts | $2.33 B |
| 7 | Toys, children's bicycles, games | $2.12 B |
| 8 | Computer parts | $1.55 B |
| 9 | Lamp and lighting parts | $1.44 B |
| 10 | Printers, all types, parts | $1.29 B |
Top Trading Ports
Total Trade: $131.97 billion
| Rank | Port | Total YTD |
|---|---|---|
| 1 | Port of Los Angeles | $29,892,771,954 |
| 2 | Chicago O’Hare International Airport | $13,097,069,240 |
| 3 | Port of Long Beach | $9,547,061,477 |
| 4 | Port of Newark | $8,018,386,493 |
| 5 | Port of Savannah, Ga. | $6,599,848,222 |
| 6 | Los Angeles International Airport | $6,522,220,069 |
| 7 | Port of Charleston | $4,109,623,569 |
| 8 | John F. Kennedy International Airport | $3,807,055,990 |
| 9 | Port of Tacoma, Wash. | $3,510,637,981 |
| 10 | Port of Oakland, Calif. | $3,376,189,583 |
U.S. trade with China rose to $131.97 billion through March
China’s trade with the United States rose to $131.97 billion through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 14.07 percent below its total trade during the same time period last year. China’s exports decreased 18.83 percent while imports fell 12.81 percent. The U.S. deficit with China was $79.98 billion.
Through March, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Los Angeles; No. 2 Chicago O’Hare International Airport; No. 3 Port of Long Beach; No. 4 Port of Newark; and No. 5 Port of Savannah, Ga.. During the same period the previous year, the top five were No. 1 Port of Los Angeles No. 2 Chicago O’Hare International Airport No. 3 Port of Long Beach No. 4 Port of Newark and No. 5 Los Angeles International Airport. In the current time period, the top five accounted for 50.89 percent of China’s U.S. trade.
Among those top five:
- Trade with No. 1 Port of Los Angeles fell 10.77 percent to $29.89 billion.
Exports fell 20.12 percent to $1.73 billion. Imports fell 10.12 percent to $28.17 billion. - Trade with No. 2 Chicago O’Hare International Airport fell 11.06 percent to $13.1 billion.
Exports fell 2.84 percent to $1.92 billion. Imports fell 12.33 percent to $11.18 billion. - Trade with No. 3 Port of Long Beach fell 23.58 percent to $9.55 billion.
Exports fell 47.01 percent to $1.33 billion. Imports fell 17.7 percent to $8.22 billion. - Trade with No. 4 Port of Newark fell 8.77 percent to $8.02 billion.
Exports fell 4.19 percent to $197.77 million. Imports fell 8.88 percent to $7.82 billion. - Trade with No. 5 Port of Savannah, Ga. rose 0.12 percent to $6.6 billion.
Exports fell 19.29 percent to $695.03 million. Imports rose 3.03 percent to $5.9 billion.
China ranked No. 3 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 1.
Meanwhile, total U.S. trade with the world increased to $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 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 $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.
The top five U.S. exports to China by value through March were the categories of Civilian aircraft, parts; Computer chips; Motor vehicles for transporting people; Soybeans; and Plasma, vaccines, blood, respectively. They accounted for 38.35 percent of total exports to China.
The value of the top five categories of U.S. imports from China –– Cell phones, related equipment; Computers; TVs, computer monitors; Seats, excluding barber, dental; and Motor vehicle parts –– accounted for 27.16 percent of all inbound shipments.
Looking more closely at U.S. exports to China:
- Civilian aircraft, parts fell 3.17 percent compared to last year to $3.25 billion.
- Computer chips rose 56.21 percent compared to last year to $2.19 billion.
- Motor vehicles for transporting people fell 4.33 percent compared to last year to $1.93 billion.
- Soybeans fell 29.48 percent compared to last year to $1.7 billion.
- Plasma, vaccines, blood rose 316.2 percent compared to last year to $908.25 million.
Looking more closely at U.S. imports from China:
- Cell phones, related equipment fell 29.2 percent compared to last year to $11.84 billion.
- Computers fell 13.97 percent compared to last year to $9.13 billion.
- TVs, computer monitors rose 21.25 percent compared to last year to $3 billion.
- Seats, excluding barber, dental fell 10.37 percent compared to last year to $2.45 billion.
- Motor vehicle parts fell 9.23 percent compared to last year to $2.38 billion.
In the latest annual figures available, China recorded $635.97 billion in trade with the United States. At year’s end, its were Los Angeles; Chicago; New York City; New Orleans; and Atlanta/Savannah. Total U.S. exports to China were $ 130.37 billion and imports from China were $505.6 billion. The U.S. deficit with China was $375.23 billion.