China
China ranked No. 1 in total trade value through October with a total of $545.66 billion. Exports totaled $102.49 billion and Imports totaled $443.17 billion, a deficit of $340.67 billion.
Top Trading Ports
| Rank | Port | YTD |
|---|---|---|
| 1 | Port of Los Angeles | $125.53 B |
| 2 | Chicago O'Hare International Airport | $53.17 B |
| 3 | Port of Long Beach | $44.39 B |
| 4 | Port of Newark | $29.87 B |
| 5 | Los Angeles International Airport | $26.48 B |
| 6 | Port of Savannah, Ga. | $23.77 B |
| 7 | Anchorage International Airport, Alaska | $18.81 B |
| 8 | Port of Tacoma, Wash. | $15.6 B |
| 9 | John F. Kennedy International Airport | $15.41 B |
| 10 | Port of Oakland, Calif. | $12.84 B |
Top Exports
| Rank | Commodity | YTD |
|---|---|---|
| 1 | Civilian aircraft, parts | $14.36 B |
| 2 | Motor vehicles for transporting people | $5.97 B |
| 3 | Oil | $5.22 B |
| 4 | Computer chips | $4.8 B |
| 5 | Machinery, parts for semiconductor manufacturing | $3.33 B |
| 6 | Soybeans | $3.1 B |
| 7 | Medical instruments for surgeons, dentists, vets | $2.35 B |
| 8 | Motor vehicle parts | $2.09 B |
| 9 | Petroleum gases, other gaseous hydrocarbons | $1.53 B |
| 10 | Medical equipment for physicals | $1.38 B |
Top Imports
| Rank | Commodity | YTD |
|---|---|---|
| 1 | Cell phones, related equipment | $54.04 B |
| 2 | Computers | $42.98 B |
| 3 | Computer parts | $15.24 B |
| 4 | Furniture, parts | $10.16 B |
| 5 | TVs, computer monitors | $9.76 B |
| 6 | Toys, children's bicycles, games | $9.67 B |
| 7 | Motor vehicle parts | $9.02 B |
| 8 | Seats, excluding barber, dental | $8.84 B |
| 9 | Lamp and lighting parts | $6.43 B |
| 10 | Video game consoles | $5.61 B |
Top Trading Ports
Total Trade: $545.66 billion
| Rank | Port | Total YTD |
|---|---|---|
| 1 | Port of Los Angeles | $125,530,441,926 |
| 2 | Chicago O’Hare International Airport | $53,169,043,197 |
| 3 | Port of Long Beach | $44,386,475,906 |
| 4 | Port of Newark | $29,866,764,587 |
| 5 | Los Angeles International Airport | $26,476,577,057 |
| 6 | Port of Savannah, Ga. | $23,768,964,907 |
| 7 | Anchorage International Airport, Alaska | $18,811,855,716 |
| 8 | Port of Tacoma, Wash. | $15,603,502,442 |
| 9 | John F. Kennedy International Airport | $15,406,987,235 |
| 10 | Port of Oakland, Calif. | $12,835,296,801 |
U.S. trade with China rose to $545.66 billion through October
China’s trade with the United States rose to $545.66 billion through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 6.01 percent above its total trade during the same time period last year. China’s exports decreased 1.43 percent while imports rose 7.89 percent. The U.S. deficit with China was $340.67 billion.
Through October, 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 Los Angeles International Airport. 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 51.21 percent of China’s U.S. trade.
Among those top five:
- Trade with No. 1 Port of Los Angeles rose 5.95 percent to $125.53 billion.
Exports fell 4.5 percent to $6.79 billion. Imports rose 6.62 percent to $118.74 billion. - Trade with No. 2 Chicago O’Hare International Airport rose 1.9 percent to $53.17 billion.
Exports rose 7.93 percent to $7.29 billion. Imports rose 1 percent to $45.88 billion. - Trade with No. 3 Port of Long Beach rose 10.03 percent to $44.39 billion.
Exports fell 1.78 percent to $7.8 billion. Imports rose 12.93 percent to $36.59 billion. - Trade with No. 4 Port of Newark rose 6.11 percent to $29.87 billion.
Exports fell 4.09 percent to $696.93 million. Imports rose 6.38 percent to $29.17 billion. - Trade with No. 5 Los Angeles International Airport rose 18.2 percent to $26.48 billion.
Exports rose 19.01 percent to $7.4 billion. Imports rose 17.89 percent to $19.07 billion.
China ranked No. 1 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 2.
Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.
The top five U.S. exports to China by value through October were the categories of Civilian aircraft, parts; Motor vehicles for transporting people; Oil; Computer chips; and Machinery, parts for semiconductor manufacturing, respectively. They accounted for 32.86 percent of total exports to China.
The value of the top five categories of U.S. imports from China –– Cell phones, related equipment; Computers; Computer parts; Furniture, parts; and TVs, computer monitors –– accounted for 30.42 percent of all inbound shipments.
Looking more closely at U.S. exports to China:
- Civilian aircraft, parts rose 16.49 percent compared to last year to $14.36 billion.
- Motor vehicles for transporting people fell 32.57 percent compared to last year to $5.97 billion.
- Oil rose 55.38 percent compared to last year to $5.22 billion.
- Computer chips rose 10.33 percent compared to last year to $4.8 billion.
- Machinery, parts for semiconductor manufacturing rose 64.13 percent compared to last year to $3.33 billion.
Looking more closely at U.S. imports from China:
- Cell phones, related equipment rose 7.9 percent compared to last year to $57.83 billion.
- Computers rose 4.19 percent compared to last year to $42.98 billion.
- Computer parts rose 24.36 percent compared to last year to $15.24 billion.
- Furniture, parts rose 9.01 percent compared to last year to $10.16 billion.
- TVs, computer monitors rose 5.77 percent compared to last year to $9.76 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.