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China

China ranked No. 3 in total trade value through February with a total of $90.37 billion. Exports totaled $15.57 billion and Imports totaled $74.8 billion, a deficit of $59.23 billion.

January – February 2019

Top Trading Ports

Total Trade: $90.37 billion

RankPortTotal YTD
1Port of Los Angeles $22,716,244,761
2Chicago O’Hare International Airport $8,142,259,344
3Port of Long Beach $6,936,297,626
4Port of Newark $6,010,312,494
5Port of Savannah, Ga. $4,646,092,230
6Los Angeles International Airport $4,036,541,455
7Port of Charleston $2,616,182,735
8Port of Tacoma, Wash. $2,500,219,580
9John F. Kennedy International Airport $2,358,825,296
10Port of Oakland, Calif. $2,319,033,271

U.S. trade with China rose to $90.37 billion through February

China’s trade with the United States rose to $90.37 billion through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 12.57 percent below its total trade during the same time period last year. China’s exports decreased 20.74 percent while imports fell 10.65 percent. The U.S. deficit with China was $59.23 billion.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Los Angeles; No. 2 Chicago O’Hare International Airport; No. 3 Port of Long Beach; No. 4 Port of Newark; and No. 5 Port of Savannah, Ga.. During the same period the previous year, the top five were No. 1 Port of Los Angeles No. 2 Chicago O’Hare International Airport No. 3 Port of Long Beach No. 4 Port of Newark and No. 5 Port of Savannah, Ga.. In the current time period, the top five accounted for 53.62 percent of China’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Los Angeles fell 9.41 percent to $22.72 billion.
    Exports fell 20.19 percent to $1.08 billion. Imports fell 8.8 percent to $21.64 billion.
  • Trade with No. 2 Chicago O’Hare International Airport fell 13.51 percent to $8.14 billion.
    Exports fell 9.18 percent to $1.07 billion. Imports fell 14.13 percent to $7.08 billion.
  • Trade with No. 3 Port of Long Beach fell 20.68 percent to $6.94 billion.
    Exports fell 48.94 percent to $817.79 million. Imports fell 14.35 percent to $6.12 billion.
  • Trade with No. 4 Port of Newark rose 1.13 percent to $6.01 billion.
    Exports rose 1.27 percent to $119.94 million. Imports rose 1.12 percent to $5.89 billion.
  • Trade with No. 5 Port of Savannah, Ga. rose 3.22 percent to $4.65 billion.
    Exports fell 23.69 percent to $432.59 million. Imports rose 7.1 percent to $4.21 billion.

China ranked No. 3 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 2.

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 China by value through February were the categories of Civilian aircraft, parts; Computer chips; Soybeans; Motor vehicles for transporting people; and Medical instruments for surgeons, dentists, vets, respectively. They accounted for 37.6 percent of total exports to China.

The value of the top five categories of U.S. imports from China –– Cell phones, related equipment; Computers; TVs, computer monitors; Seats, excluding barber, dental; and Furniture, parts –– accounted for 25.55 percent of all inbound shipments.

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

  • Civilian aircraft, parts rose 6.53 percent compared to last year to $1.6 billion.
  • Computer chips rose 52.44 percent compared to last year to $1.4 billion.
  • Soybeans fell 39.65 percent compared to last year to $1.21 billion.
  • Motor vehicles for transporting people fell 7.07 percent compared to last year to $1.2 billion.
  • Medical instruments for surgeons, dentists, vets rose 27.11 percent compared to last year to $444.33 million.

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

  • Cell phones, related equipment fell 29.7 percent compared to last year to $7.72 billion.
  • Computers fell 14.07 percent compared to last year to $5.81 billion.
  • TVs, computer monitors rose 20.38 percent compared to last year to $2.06 billion.
  • Seats, excluding barber, dental fell 8.58 percent compared to last year to $1.78 billion.
  • Furniture, parts fell 18.91 percent compared to last year to $1.74 billion.

In the latest annual figures available, China recorded $635.97 billion in trade with the United States. At year’s end, its were Los Angeles; Chicago; New York City; New Orleans; and Atlanta/Savannah. Total U.S. exports to China were $ 130.37 billion and imports from China were $505.6 billion. The U.S. deficit with China was $375.23 billion.