China
China ranked No. 3 in total trade value through November with a total of $513.14 billion. Exports totaled $97.75 billion and Imports totaled $415.39 billion, a deficit of $317.64 billion.
Top Trading Ports
| Rank | Port | YTD |
|---|---|---|
| 1 | Port of Los Angeles | $118.46 B |
| 2 | Chicago O'Hare International Airport | $57.95 B |
| 3 | Port of Long Beach | $35.26 B |
| 4 | Los Angeles International Airport | $30.48 B |
| 5 | Port of Newark | $29.23 B |
| 6 | Port of Savannah, Ga. | $23.92 B |
| 7 | John F. Kennedy International Airport | $16.66 B |
| 8 | Port of Tacoma, Wash. | $13.9 B |
| 9 | Port of Charleston | $13.69 B |
| 10 | Anchorage International Airport, Alaska | $12.76 B |
Top Exports
| Rank | Commodity | YTD |
|---|---|---|
| 1 | Civilian aircraft, parts | $9.81 B |
| 2 | Computer chips | $7.4 B |
| 3 | Soybeans | $7.05 B |
| 4 | Motor vehicles for transporting people | $6.88 B |
| 5 | Machinery, parts for semiconductor manufacturing | $3.18 B |
| 6 | Medical instruments for surgeons, dentists, vets | $2.97 B |
| 7 | Oil | $2.87 B |
| 8 | Plasma, vaccines, blood | $2.09 B |
| 9 | Medical equipment for physicals | $1.43 B |
| 10 | Medicines in individual dosages | $1.43 B |
Top Imports
| Rank | Commodity | YTD |
|---|---|---|
| 1 | Cell phones, related equipment | $50.33 B |
| 2 | Computers | $41.74 B |
| 3 | Toys, children's bicycles, games | $11.55 B |
| 4 | TVs, computer monitors | $10.67 B |
| 5 | Motor vehicle parts | $8.4 B |
| 6 | Furniture, parts | $8.17 B |
| 7 | Seats, excluding barber, dental | $7.99 B |
| 8 | Electric water, space, soil heaters | $5.6 B |
| 9 | Lamp and lighting parts | $5.39 B |
| 10 | Computer parts | $5.19 B |
Top Trading Ports
Total Trade: $513.14 billion
| Rank | Port | Total YTD |
|---|---|---|
| 1 | Port of Los Angeles | $118,462,503,399 |
| 2 | Chicago O’Hare International Airport | $57,949,435,211 |
| 3 | Port of Long Beach | $35,257,351,841 |
| 4 | Los Angeles International Airport | $30,477,343,032 |
| 5 | Port of Newark | $29,232,071,437 |
| 6 | Port of Savannah, Ga. | $23,920,342,827 |
| 7 | John F. Kennedy International Airport | $16,657,628,958 |
| 8 | Port of Tacoma, Wash. | $13,904,917,242 |
| 9 | Port of Charleston | $13,685,741,546 |
| 10 | Anchorage International Airport, Alaska | $12,755,963,981 |
U.S. trade with China rose to $513.14 billion through November
China’s trade with the United States rose to $513.14 billion through the first 11 months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 14.41 percent below its total trade during the same time period last year. U.S. exports to China decreased 12.06 percent while U.S. imports from China fell 14.94 percent. The U.S. deficit with China was $317.64 billion.
Through November, 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 Los Angeles International Airport; and No. 5 Port of Newark. 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 52.89 percent of China’s U.S. trade.
Among those top five:
- Trade with No. 1 Port of Los Angeles fell 14.27 percent to $118.46 billion.
Exports fell 15.26 percent to $6.39 billion. Imports fell 14.22 percent to $112.07 billion. - Trade with No. 2 Chicago O’Hare International Airport fell 2.53 percent to $57.95 billion.
Exports fell 7.28 percent to $7.36 billion. Imports fell 1.8 percent to $50.59 billion. - Trade with No. 3 Port of Long Beach fell 26.78 percent to $35.26 billion.
Exports fell 32.29 percent to $5.6 billion. Imports fell 25.63 percent to $29.66 billion. - Trade with No. 4 Los Angeles International Airport rose 3.75 percent to $30.48 billion.
Exports rose 0.66 percent to $8.09 billion. Imports rose 4.91 percent to $22.38 billion. - Trade with No. 5 Port of Newark fell 10.89 percent to $29.23 billion.
Exports fell 6.56 percent to $726.88 million. Imports fell 10.99 percent to $28.51 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 $3.81 trillion, down 1.42 percent compared to the same period last year. The nation’s exports dropped 1.32 percent to $1.51 trillion; imports dropped 1.48 percent to $2.3 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 $786.7 billion, down compared to the same period of last year when the deficit was $800.89 billion.
The top five U.S. exports to China by value through November were the categories of Civilian aircraft, parts; Computer chips; Soybeans; Motor vehicles for transporting people; and Machinery, parts for semiconductor manufacturing, respectively. They accounted for 35.11 percent of total exports to China.
The value of the top five categories of U.S. imports from China –– Cell phones, related equipment; Computers; Toys, children’s bicycles, games; TVs, computer monitors; and Motor vehicle parts –– accounted for 30.07 percent of all inbound shipments.
Looking more closely at U.S. exports to China:
- Civilian aircraft, parts fell 38.66 percent compared to last year to $9.81 billion.
- Computer chips rose 36.25 percent compared to last year to $7.4 billion.
- Soybeans rose 125.66 percent compared to last year to $7.05 billion.
- Motor vehicles for transporting people rose 6.47 percent compared to last year to $6.88 billion.
- Machinery, parts for semiconductor manufacturing fell 7.61 percent compared to last year to $3.18 billion.
Looking more closely at U.S. imports from China:
- Cell phones, related equipment fell 17.85 percent compared to last year to $53.51 billion.
- Computers fell 12.77 percent compared to last year to $41.74 billion.
- Toys, children’s bicycles, games rose 3.76 percent compared to last year to $11.55 billion.
- TVs, computer monitors fell 4.52 percent compared to last year to $10.67 billion.
- Motor vehicle parts fell 15.47 percent compared to last year to $8.4 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.