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Australia

Australia ranked No. 23 in total trade value through March with a total of $8.4 billion. Exports totaled $5.83 billion and Imports totaled $2.57 billion, a surplus of $3.26 billion.

January – March 2019

Top Trading Ports

Total Trade: $8.4 billion

RankPortTotal YTD
1Port of Long Beach $1,193,103,180
2Los Angeles International Airport $768,610,909
3Port of Savannah, Ga. $689,853,540
4Port of Philadelphia $637,798,170
5Chicago O’Hare International Airport $581,922,727
6Port of Charleston $432,286,416
7Port of New Orleans $382,494,590
8Port of Los Angeles $362,732,258
9John F. Kennedy International Airport $307,783,604
10Honolulu International Airport, Hawaii $301,295,190

U.S. trade with Australia rose to $8.4 billion through March

Australia’s trade with the United States rose to $8.4 billion through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 1.21 percent above its total trade during the same time period last year. Australia’s exports decreased 2.89 percent while imports rose 11.94 percent. The U.S. surplus with Australia was $3.26 billion.

Through March, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Long Beach; No. 2 Los Angeles International Airport; No. 3 Port of Savannah, Ga.; No. 4 Port of Philadelphia; and No. 5 Chicago O’Hare International Airport. During the same period the previous year, the top five were No. 1 Port of Long Beach No. 2 Los Angeles International Airport No. 3 Port of Philadelphia No. 4 Chicago O’Hare International Airport and No. 5 Port of Savannah, Ga.. In the current time period, the top five accounted for 46.07 percent of Australia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Long Beach fell 0.14 percent to $1.19 billion.
    Exports fell 0.53 percent to $1.08 billion. Imports rose 3.6 percent to $117.41 million.
  • Trade with No. 2 Los Angeles International Airport rose 0.68 percent to $768.61 million.
    Exports rose 7.93 percent to $469.56 million. Imports fell 8.93 percent to $299.05 million.
  • Trade with No. 3 Port of Savannah, Ga. rose 29.21 percent to $689.85 million.
    Exports rose 29.19 percent to $620.35 million. Imports rose 29.33 percent to $69.5 million.
  • Trade with No. 4 Port of Philadelphia rose 17.02 percent to $637.8 million.
    Exports rose 13.74 percent to $229.3 million. Imports rose 18.95 percent to $408.5 million.
  • Trade with No. 5 Chicago O’Hare International Airport rose 8.89 percent to $581.92 million.
    Exports fell 14.08 percent to $329.58 million. Imports rose 67.31 percent to $252.34 million.

Australia ranked No. 23 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 23.

Meanwhile, total U.S. trade with the world increased to $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 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 $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to Australia by value through March were the categories of Motor vehicles for transporting people; Low value shipments; Medical instruments for surgeons, dentists, vets; Plasma, vaccines, blood; and Civilian aircraft, parts, respectively. They accounted for 21.53 percent of total exports to Australia.

The value of the top five categories of U.S. imports from Australia –– Plasma, vaccines, blood; Sheep or goat meat, fresh, chilled or frozen; Aluminum, unwrought; Value added to a returned import; and Frozen beef –– accounted for 38.37 percent of all inbound shipments.

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

  • Motor vehicles for transporting people rose 21.1 percent compared to last year to $424.75 million.
  • Low value shipments rose 2.63 percent compared to last year to $235.7 million.
  • Medical instruments for surgeons, dentists, vets fell 10.57 percent compared to last year to $204.05 million.
  • Plasma, vaccines, blood rose 21.03 percent compared to last year to $199.22 million.
  • Civilian aircraft, parts fell 61.85 percent compared to last year to $192.4 million.

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

  • Plasma, vaccines, blood rose 21.84 percent compared to last year to $230.46 million.
  • Sheep or goat meat, fresh, chilled or frozen rose 23.54 percent compared to last year to $229.98 million.
  • Aluminum, unwrought rose 334.29 percent compared to last year to $182.9 million.
  • Value added to a returned import rose 35.29 percent compared to last year to $181.18 million.
  • Frozen beef fell 2.45 percent compared to last year to $161.28 million.

In the latest annual figures available, Australia recorded $34.65 billion in trade with the United States. At year’s end, its were Los Angeles; Philadelphia; Atlanta/Savannah; Honolulu; and Chicago. Total U.S. exports to Australia were $ 24.6 billion and imports from Australia were $10.05 billion. The U.S. surplus with Australia was $14.55 billion.