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United Kingdom

United Kingdom ranked No. 7 in total trade value through October with a total of $104.91 billion. Exports totaled $54.76 billion and Imports totaled $50.15 billion, a surplus of $4.61 billion.

January – October 2018

Top Trading Ports

Total Trade: $104.91 billion

RankPortTotal YTD
1John F. Kennedy International Airport $13,900,156,216
2Port of Newark $6,597,414,594
3Port of New Orleans $6,071,275,912
4Chicago O’Hare International Airport $5,677,499,055
5Port of Baltimore, Md. $4,326,270,019
6Hartsfield-Jackson Atlanta International Airport $4,186,750,346
7Port of Charleston $3,576,072,750
8Port of Houston $3,517,258,120
9Cleveland’s Hopkins International Airport, Ohio $3,447,925,647
10Los Angeles International Airport $3,435,041,194

U.S. trade with United Kingdom rose to $104.91 billion through October

United Kingdom’s trade with the United States rose to $104.91 billion through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 15.95 percent above its total trade during the same time period last year. United Kingdom’s exports increased 17.22 percent while imports rose 14.6 percent. The U.S. surplus with United Kingdom was $4.61 billion.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 John F. Kennedy International Airport; No. 2 Port of Newark; No. 3 Port of New Orleans; No. 4 Chicago O’Hare International Airport; and No. 5 Port of Baltimore, Md.. During the same period the previous year, the top five were No. 1 John F. Kennedy International Airport No. 2 Port of New Orleans No. 3 Chicago O’Hare International Airport No. 4 Port of Newark and No. 5 Port of Baltimore, Md.. In the current time period, the top five accounted for 34.86 percent of United Kingdom’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport rose 21.03 percent to $13.9 billion.
    Exports rose 25.92 percent to $9.21 billion. Imports rose 12.46 percent to $4.69 billion.
  • Trade with No. 2 Port of Newark rose 26.42 percent to $6.6 billion.
    Exports rose 20.75 percent to $1.47 billion. Imports rose 28.14 percent to $5.13 billion.
  • Trade with No. 3 Port of New Orleans rose 4.94 percent to $6.07 billion.
    Exports rose 6.04 percent to $2.97 billion. Imports rose 3.91 percent to $3.1 billion.
  • Trade with No. 4 Chicago O’Hare International Airport rose 6.13 percent to $5.68 billion.
    Exports rose 8.44 percent to $2.83 billion. Imports rose 3.92 percent to $2.84 billion.
  • Trade with No. 5 Port of Baltimore, Md. rose 12.75 percent to $4.33 billion.
    Exports fell 5.77 percent to $550.46 million. Imports rose 16.07 percent to $3.78 billion.

United Kingdom ranked No. 7 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 8.

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 United Kingdom by value through October were the categories of Civilian aircraft, parts; Gold; Oil; Paintings, drawings and other artwork; and Medicines in individual dosages, respectively. They accounted for 40.13 percent of total exports to United Kingdom.

The value of the top five categories of U.S. imports from United Kingdom –– Motor vehicles for transporting people; Value added to a returned import; Medicines in individual dosages; Gasoline, other fuels; and Aircraft engines, engine parts –– accounted for 38.75 percent of all inbound shipments.

Looking more closely at U.S. exports to United Kingdom:

  • Civilian aircraft, parts rose 26.65 percent compared to last year to $9.48 billion.
  • Gold rose 18.71 percent compared to last year to $4.92 billion.
  • Oil rose 125.62 percent compared to last year to $3 billion.
  • Paintings, drawings and other artwork rose 13.71 percent compared to last year to $2.58 billion.
  • Medicines in individual dosages rose 31.17 percent compared to last year to $1.99 billion.

Looking more closely at U.S. imports from United Kingdom:

  • Motor vehicles for transporting people rose 10.58 percent compared to last year to $7.84 billion.
  • Value added to a returned import rose 6.24 percent compared to last year to $4.14 billion.
  • Medicines in individual dosages rose 17.2 percent compared to last year to $3.1 billion.
  • Gasoline, other fuels rose 4.52 percent compared to last year to $2.31 billion.
  • Aircraft engines, engine parts rose 43.03 percent compared to last year to $2.05 billion.

In the latest annual figures available, United Kingdom recorded $109.4 billion in trade with the United States. At year’s end, its were New York City; Atlanta/Savannah; New Orleans; Los Angeles; and Chicago. Total U.S. exports to United Kingdom were $ 56.33 billion and imports from United Kingdom were $53.07 billion. The U.S. surplus with United Kingdom was $3.25 billion.