Georgia

Georgia ranked No. 105 in total trade value through June with a total of $319.66 million. Exports totaled $238.85 million and Imports totaled $80.81 million, a surplus of $158.04 million.

Top Trading Ports

RankPortYTD
1Port of New Orleans$71.45 M
2Port of Newark$39.52 M
3Port of Houston$39.51 M
4Port of Savannah, Ga.$33.06 M
5Port of Charleston$32.87 M
6Port of Long Beach$24.3 M
7Port of New York$23.7 M
8Port of Los Angeles$11.04 M
9Port Miami$9.11 M
10Port of Virginia$8.35 M

U.S. trade with Georgia rose to $319.66 million through June

Georgia’s trade with the United States rose to $319.66 million through the first six months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 25.12 percent below its total trade during the same time period last year. U.S. exports to Georgia decreased 31.11 percent while U.S. imports from Georgia rose 0.78 percent. The U.S. surplus with Georgia was $158.04 million.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of New Orleans; No. 2 Port of Newark; No. 3 Port of Houston; No. 4 Port of Savannah, Ga.; and No. 5 Port of Charleston. During the same period the previous year, the top five were No. 1 Port of Savannah, Ga.; No. 2 Port of New Orleans; No. 3 Port of Houston; No. 4 Port of Newark and No. 5 Port of Long Beach. In the current time period, the top five accounted for 67.7 percent of Georgia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of New Orleans rose 26.74 percent to $71.45 million.
    Exports fell 8.42 percent to $16.96 million. Imports rose 43.93 percent to $54.5 million.
  • Trade with No. 2 Port of Newark fell 16.39 percent to $39.52 million.
    Exports fell 15.63 percent to $31.22 million. Imports fell 19.14 percent to $8.3 million.
  • Trade with No. 3 Port of Houston fell 19.14 percent to $39.51 million.
    Exports rose 0.01 percent to $34.77 million. Imports fell 66.36 percent to $4.74 million.
  • Trade with No. 4 Port of Savannah, Ga. fell 45.52 percent to $33.06 million.
    Exports fell 46.07 percent to $32.57 million. Imports rose 61.32 percent to $494,693.
  • Trade with No. 5 Port of Charleston rose 130.4 percent to $32.87 million.
    Exports rose 97.77 percent to $27.61 million. Imports rose 1601.81 percent to $5.27 million.

Georgia ranked No. 105 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 100.

Meanwhile, total U.S. trade with the world increased to $1.77 trillion, down 57.4 percent compared to the same period last year. The nation’s exports dropped 58.23 percent to $687.16 billion; imports dropped 56.85 percent to $1.08 trillion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $391.01 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Georgia by value through June were the categories of Passenger vehicles; Chicken and other poultry; Motor vehicle parts; Plastic tableware and other products; and Polymers of vinyl chloride, respectively. They accounted for 79.95 percent of total exports to Georgia.

The value of the top five categories of U.S. imports from Georgia –– Ferroalloys 7202; Cyclic hydrocarbons; Stable isotopes; Wine; and Seamless iron tubes and pipes –– accounted for 90.15 percent of all inbound shipments.

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

  • Passenger vehicles fell 32.32 percent compared to last year to $127.33 million.
  • Chicken and other poultry rose 20.93 percent compared to last year to $48.8 million.
  • Motor vehicle parts fell 35.96 percent compared to last year to $7.73 million.
  • Plastic tableware and other products rose 1030.25 percent compared to last year to $3.89 million.
  • Polymers of vinyl chloride fell 10.11 percent compared to last year to $3.2 million.

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

  • Ferroalloys 7202 fell 6.28 percent compared to last year to $56.03 million.
  • Cyclic hydrocarbons totaled $8.68 million. The previous year, there were no imports in this category.
  • Stable isotopes fell 15.75 percent compared to last year to $5.26 million.
  • Wine rose 21.15 percent compared to last year to $1.51 million.
  • Seamless iron tubes and pipes rose 421.77 percent compared to last year to $1.37 million.

In the latest annual figures available, Georgia recorded $920.99 million in trade with the United States. Total U.S. exports to Georgia were $ 768.45 million and imports from Georgia were $152.54 million. The U.S. surplus with Georgia was $615.91 million.