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Georgia

Georgia ranked No. 107 in total trade value through February with a total of $119.16 million. Exports totaled $93.88 million and Imports totaled $25.28 million, a surplus of $68.6 million.

January – February 2019

Top Trading Ports

Total Trade: $119.16 million

RankPortTotal YTD
1Port of Houston $17,047,765
2Port of Vancouver, Wash. $15,700,000
3Port of New Orleans $15,094,019
4Port of Savannah, Ga. $12,998,717
5Port of New York $12,221,466
6Port of Newark $12,173,093
7Port of Long Beach $9,274,373
8Port of Los Angeles $5,956,853
9Port Miami $3,069,764
10Port of Charleston $2,971,897

U.S. trade with Georgia rose to $119.16 million through February

Georgia’s trade with the United States rose to $119.16 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 2.18 percent below its total trade during the same time period last year. Georgia’s exports increased 3.16 percent while imports fell 17.95 percent. The U.S. surplus with Georgia was $68.6 million.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Houston; No. 2 Port of Vancouver, Wash.; No. 3 Port of New Orleans; No. 4 Port of Savannah, Ga.; and No. 5 Port of New York. During the same period the previous year, the top five were No. 1 Port of Houston No. 2 Port of New Orleans No. 3 Port of New York No. 4 Port of Newark and No. 5 Port of Savannah, Ga.. In the current time period, the top five accounted for 61.31 percent of Georgia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston fell 47.83 percent to $17.05 million.
    Exports fell 65.13 percent to $9.62 million. Imports rose 45.71 percent to $7.43 million.
  • Trade with No. 2 Port of Vancouver, Wash. totaled $15.7 million.
    Exports totaled $15.7 million. There were no imports.
  • Trade with No. 3 Port of New Orleans fell 22.89 percent to $15.09 million.
    Exports rose 7.05 percent to $5.94 million. Imports fell 34.73 percent to $9.16 million.
  • Trade with No. 4 Port of Savannah, Ga. rose 33.94 percent to $13 million.
    Exports rose 33.81 percent to $12.96 million. Imports rose 91.78 percent to $42,344.
  • Trade with No. 5 Port of New York fell 1.87 percent to $12.22 million.
    Exports fell 2.07 percent to $12.2 million. Imports totaled $24,390.

Georgia ranked No. 107 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 106.

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 Georgia by value through February were the categories of Motor vehicles for transporting people; Copper ores and concentrates; Poultry, fresh, chilled or frozen; Motor vehicle parts; and Almonds, walnuts, pistachios, hazelnuts, etc., respectively. They accounted for 86.21 percent of total exports to Georgia.

The value of the top five categories of U.S. imports from Georgia –– Ferroalloys 7202; Stable isotopes; Fruit and vegetable juices, not fortified; Power supplies, transformers; and Self-propelled heavy construction machinery –– accounted for 89.33 percent of all inbound shipments.

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

  • Motor vehicles for transporting people rose 41.31 percent compared to last year to $46.57 million.
  • Copper ores and concentrates totaled $15.7 million. The previous year, there were no exports in this category.
  • Poultry, fresh, chilled or frozen rose 142.82 percent compared to last year to $12.63 million.
  • Motor vehicle parts rose 12.53 percent compared to last year to $3.29 million.
  • Almonds, walnuts, pistachios, hazelnuts, etc. totaled $2.76 million. The previous year, there were no exports in this category.

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

  • Ferroalloys 7202 fell 14.29 percent compared to last year to $18.57 million.
  • Stable isotopes rose 3.36 percent compared to last year to $3.1 million.
  • Fruit and vegetable juices, not fortified fell 3.44 percent compared to last year to $347,262.
  • Power supplies, transformers totaled $291,435. The previous year, there were no imports in this category.
  • Self-propelled heavy construction machinery totaled $279,055. The previous year, there were no imports in this category.

In the latest annual figures available, Georgia recorded $514.07 million in trade with the United States. At year’s end, its were New York City; New Orleans; Houston; Atlanta/Savannah; and Los Angeles. Total U.S. exports to Georgia were $ 383.43 million and imports from Georgia were $130.65 million. The U.S. surplus with Georgia was $252.78 million.