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China

China ranked No. 1 in total trade value through February with a total of $104.5 billion. Exports totaled $19.64 billion and Imports totaled $84.86 billion, a deficit of $65.21 billion.

Top Exports

RankCommodityYTD
1Soybeans$2 billion
2Civilian aircraft, parts$1.5 billion
3Motor vehicles for transporting people$1.29 billion
4Oil$1.27 billion
5Computer chips$919.74 million
6Petroleum gases, other gaseous hydrocarbons$429.02 million
7Machinery, parts for semiconductor manufacturing$428.44 million
8Motor vehicle parts$363.35 million
9Medical instruments for surgeons, dentists, vets$349.57 million
10Copper waste and scrap$308.38 million

Top Imports

RankCommodityYTD
1Cell phones, related equipment$9.83 billion
2Computers$6.76 billion
3Computer parts$3.14 billion
4Furniture, parts$2.15 billion
5Seats, excluding barber, dental$1.95 billion
6Motor vehicle parts$1.76 billion
7TVs, computer monitors$1.71 billion
8Toys, children's bicycles, games$1.64 billion
9Lamp and lighting parts$1.25 billion
10Travel goods, including handbags, wallets, jewelry$1.05 billion
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January – February 2018

Top Trading Ports

Total Trade: $103.36 billion

Rank Port Total YTD
1 Port of Los Angeles $25,075,321,032
2 Chicago O’Hare International Airport $9,414,098,728
3 Port of Long Beach $8,744,944,439
4 Port of Newark $5,943,335,459
5 Port of Savannah, Ga. $4,501,080,217
6 Los Angeles International Airport $4,395,662,096
7 Port of Tacoma, Wash. $3,130,787,425
8 Anchorage International Airport, Alaska $2,923,154,709
9 John F. Kennedy International Airport $2,689,163,650
10 Port of Oakland, Calif. $2,510,024,066

China’s trade rose to $104.5 billion through February

China’s trade with the United States rose to $104.5 billion through the first two months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 11.16 percent above its total trade during the same time period last year. China’s exports decreased 1.15 percent while imports rose 14.45 percent. The U.S. deficit with China was $65.21 billion.

Through February, the top five among the nation’s airports, seaports and border crossings top five ports 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 among the nation’s airports, seaports and border crossings top five ports 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.. Airports, seaports and border crossings are a subset of the nation’s Customs districts. In the current time period, the top five accounted for 51.94 percent of China’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Los Angeles rose 17.1 percent to $25 billion.
    Exports rose 2.55 percent to $1 billion. Imports rose 18.06 percent to $24 billion.
  • Trade with No. 2 Chicago O’Hare International Airport rose 14.35 percent to $9 billion.
    Exports rose 7.87 percent to $1 billion. Imports rose 15.33 percent to $8 billion.
  • Trade with No. 3 Port of Long Beach rose 23.45 percent to $9 billion.
    Exports rose 3.71 percent to $2 billion. Imports rose 28.96 percent to $7 billion.
  • Trade with No. 4 Port of Newark rose 0.8 percent to $6 billion.
    Exports fell 13.54 percent to $118 million. Imports rose 1.14 percent to $6 billion.
  • Trade with No. 5 Port of Savannah, Ga. rose 11.74 percent to $5 billion.
    Exports fell 6.74 percent to $567 million. Imports rose 15.02 percent to $4 billion.

China ranked No. 1 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 2. China’s top U.S. Customs districts for total imports and exports were No. 1 Los Angeles, No. 2 Chicago, No. 3 New York City, No. 4 New Orleans and No. 5 Atlanta/Savannah compared to the last year when the top spots were held by No. 1 Los Angeles, No. 2 Chicago, No. 3 New York City, No. 4 New Orleans and No. 5 Atlanta/Savannah. In the current time period, the top five accounted for 59.15 percent of China’s U.S. trade. That compares to 58.33 percent for the nation’s top five Customs districts during the same time period in the previous year.

Taking a closer look:

  • Trade with No. 1 Los Angeles rose 20.01 percent to $29 billion.
    Exports totaled $4 billion. Imports rose 22.18 percent to $25 billion.
  • Trade with No. 2 Chicago rose 10.25 percent to $11 billion.
    Exports totaled $1 billion. Imports rose 10.51 percent to $10 billion.
  • Trade with No. 3 New York City fell 5.73 percent to $8 billion.
    Exports totaled $1 billion. Imports fell 4.08 percent to $7 billion.
  • Trade with No. 4 New Orleans rose 9.93 percent to $7 billion.
    Exports totaled $2 billion. Imports rose 29.69 percent to $6 billion.
  • Trade with No. 5 Atlanta/Savannah rose 17.07 percent to $6 billion.
    Exports totaled $1 billion. Imports rose 20.97 percent to $5 billion.

Through February, 7 Customs districts posted trade surpluses with China while 38 had deficits. That compares with 9 surpluses and 37 deficits for the same period one year ago. The top surplus was with Portland/Columbia-Snake River at $793.11 million, the largest deficit was with Los Angeles at $20.55 billion.

January – February 2018

Top Exports

Total Trade: $19.64 billion

Rank Port Total YTD
1 Soybeans $1,996,851,609
2 Civilian aircraft, parts $1,503,083,612
3 Motor vehicles for transporting people $1,291,864,950
4 Oil $1,271,834,859
5 Computer chips $919,737,702
6 Petroleum gases, other gaseous hydrocarbons $429,015,072
7 Machinery, parts for semiconductor manufacturing $428,442,499
8 Motor vehicle parts $363,349,026
9 Medical instruments for surgeons, dentists, vets $349,566,374
10 Copper waste and scrap $308,383,258

Top Imports

Total Trade: $84.86 billion

Rank Port Total YTD
1 Cell phones, related equipment $10,976,065,073
2 Computers $6,761,453,774
3 Computer parts $3,143,509,660
4 Furniture, parts $2,147,130,864
5 Seats, excluding barber, dental $1,949,096,455
6 Motor vehicle parts $1,755,257,047
7 TVs, computer monitors $1,714,309,223
8 Toys, children’s bicycles, games $1,639,885,197
9 Lamp and lighting parts $1,249,078,803
10 Travel goods, including handbags, wallets, jewelry $1,049,940,725

Meanwhile, total U.S. trade with the world increased to $644.53 billion, up 8.84 percent compared to the same period last year. The nation’s exports climbed 6.91 percent to $253.43 billion; imports climbed 10.13 percent to $391.1 billion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $137.68 billion, up compared to the same period of last year when the deficit was $118.08 billion.

The top five U.S. exports to China by value through February were the categories of Soybeans; Civilian aircraft, parts; Motor vehicles for transporting people; Oil; and Computer chips, respectively. They accounted for 35.55 percent of total exports to China.

The value of the top five categories of U.S. imports from China –– Cell phones, related equipment; Computers; Computer parts; Furniture, parts; and Seats, excluding barber, dental –– accounted for 29.43 percent of all inbound shipments.

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

  • Soybeans fell 31.85 percent compared to last year to $2 billion.
  • Civilian aircraft, parts rose 1.88 percent compared to last year to $2 billion.
  • Motor vehicles for transporting people fell 14.04 percent compared to last year to $1 billion.
  • Oil rose 107.67 percent compared to last year to $1 billion.
  • Computer chips rose 9.95 percent compared to last year to $920 million.

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

  • Cell phones, related equipment rose 19.79 percent compared to last year to $11 billion.
  • Computers rose 8.25 percent compared to last year to $7 billion.
  • Computer parts rose 66.43 percent compared to last year to $3 billion.
  • Furniture, parts rose 13.7 percent compared to last year to $2 billion.
  • Seats, excluding barber, dental rose 9.33 percent compared to last year to $2 billion.

In the latest annual figures available, China recorded $635.97 billion in trade with the United States. At year’s end, its top five Customs districts 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.