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Georgia

Georgia ranked No. 110 in total trade value through October with a total of $536.15 million. Exports totaled $388.18 million and Imports totaled $147.97 million, a surplus of $240.21 million.

January – October 2018

Top Trading Ports

Total Trade: $536.15 million

RankPortTotal YTD
1Port of New Orleans $97,169,638
2Port of Houston $85,730,516
3Port of New York $69,691,629
4Port of Savannah, Ga. $54,189,064
5Port of Newark $45,553,000
6Port of Los Angeles $35,346,153
7Port of Long Beach $29,788,389
8John F. Kennedy International Airport $15,045,099
9Port of Virginia $14,047,182
10Port Miami $12,272,220

U.S. trade with Georgia rose to $536.15 million through October

Georgia’s trade with the United States rose to $536.15 million through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 23.27 percent above its total trade during the same time period last year. Georgia’s exports increased 24.63 percent while imports rose 19.85 percent. The U.S. surplus with Georgia was $240.21 million.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of New Orleans; No. 2 Port of Houston; No. 3 Port of New York; No. 4 Port of Savannah, Ga.; and No. 5 Port of Newark. During the same period the previous year, the top five were No. 1 Port of New Orleans No. 2 Port of Houston No. 3 Port of New York No. 4 Port of Savannah, Ga. and No. 5 Port of Newark. In the current time period, the top five accounted for 65.72 percent of Georgia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of New Orleans rose 28.4 percent to $97.17 million.
    Exports rose 0.38 percent to $18.83 million. Imports rose 37.64 percent to $78.34 million.
  • Trade with No. 2 Port of Houston rose 34.91 percent to $85.73 million.
    Exports rose 27.87 percent to $69.76 million. Imports rose 77.64 percent to $15.97 million.
  • Trade with No. 3 Port of New York rose 37.13 percent to $69.69 million.
    Exports rose 37.14 percent to $69.69 million. There were no imports.
  • Trade with No. 4 Port of Savannah, Ga. rose 15.52 percent to $54.19 million.
    Exports rose 15.84 percent to $53.95 million. Imports fell 29.09 percent to $240,106.
  • Trade with No. 5 Port of Newark rose 12.48 percent to $45.55 million.
    Exports rose 12.47 percent to $27.46 million. Imports rose 12.48 percent to $18.09 million.

Georgia ranked No. 110 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 115.

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 Georgia by value through October were the categories of Motor vehicles for transporting people; Poultry, fresh, chilled or frozen; Motor vehicle parts; Polymers of vinyl chloride; and Compressors and pumps, respectively. They accounted for 66.98 percent of total exports to Georgia.

The value of the top five categories of U.S. imports from Georgia –– Ferroalloys 7202; Stable isotopes; Nitrogenous fertilizers; Gasoline, other fuels; and Ethyl alcohol –– accounted for 88.85 percent of all inbound shipments.

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

  • Motor vehicles for transporting people rose 68.81 percent compared to last year to $196.19 million.
  • Poultry, fresh, chilled or frozen fell 19.67 percent compared to last year to $32.57 million.
  • Motor vehicle parts rose 21.48 percent compared to last year to $14.06 million.
  • Polymers of vinyl chloride rose 55.97 percent compared to last year to $8.59 million.
  • Compressors and pumps rose 4101.42 percent compared to last year to $8.57 million.

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

  • Ferroalloys 7202 rose 18.72 percent compared to last year to $107.89 million.
  • Stable isotopes fell 18.21 percent compared to last year to $9.79 million.
  • Nitrogenous fertilizers rose 71.09 percent compared to last year to $7.21 million.
  • Gasoline, other fuels totaled $3.83 million. The previous year, there were no imports in this category.
  • Ethyl alcohol rose 2076 percent compared to last year to $2.76 million.

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.