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United Kingdom

United Kingdom ranked No. 6 in total trade value through May with a total of $53.23 billion. Exports totaled $28.56 billion and Imports totaled $24.67 billion, a surplus of $3.89 billion.

January – May 2018

Top Trading Ports

Total Trade: $53.23 billion

Rank Port Total YTD
1 John F. Kennedy International Airport $7,663,768,477
2 Port of Newark $3,414,150,591
3 Port of New Orleans $2,754,304,158
4 Chicago O’Hare International Airport $2,724,008,322
5 Port of Baltimore, Md. $2,102,210,653
6 Hartsfield-Jackson Atlanta International Airport $1,975,367,143
7 Port of Charleston $1,960,123,530
8 Port of Everett, Wash. $1,717,318,389
9 Port of Houston $1,699,645,159
10 Cleveland’s Hopkins International Airport, Ohio $1,665,577,074

U.S. trade with United Kingdom rose to $53.23 billion through May

United Kingdom’s trade with the United States rose to $53.23 billion through the first five months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 18.81 percent above its total trade during the same time period last year. United Kingdom’s exports increased 25.13 percent while imports rose 12.25 percent. The U.S. surplus with United Kingdom was $3.89 billion.

Through May, 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 35.05 percent of United Kingdom’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport rose 38.04 percent to $7.66 billion.
    Exports rose 58.46 percent to $5.42 billion. Imports rose 5.34 percent to $2.25 billion.
  • Trade with No. 2 Port of Newark rose 30.51 percent to $3.41 billion.
    Exports rose 22.37 percent to $723.46 million. Imports rose 32.89 percent to $2.69 billion.
  • Trade with No. 3 Port of New Orleans fell 8.59 percent to $2.75 billion.
    Exports fell 11.78 percent to $1.27 billion. Imports fell 5.67 percent to $1.49 billion.
  • Trade with No. 4 Chicago O’Hare International Airport rose 2.82 percent to $2.72 billion.
    Exports fell 4.74 percent to $1.34 billion. Imports rose 11.4 percent to $1.38 billion.
  • Trade with No. 5 Port of Baltimore, Md. rose 2.53 percent to $2.1 billion.
    Exports fell 9.49 percent to $275.22 million. Imports rose 4.62 percent to $1.83 billion.

United Kingdom ranked No. 6 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 $1.71 trillion, up 9.27 percent compared to the same period last year. The nation’s exports climbed 9.66 percent to $684.76 billion; imports climbed 9.01 percent to $1.02 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 $336.38 billion, up compared to the same period of last year when the deficit was $312.27 billion.

The top five U.S. exports to United Kingdom by value through May were the categories of Civilian aircraft, parts; Gold; Oil; Paintings, drawings and other artwork; and Medicines in individual dosages, respectively. They accounted for 43.61 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; Medicines in individual dosages; Value added to a returned import; Aircraft engines, engine parts; and Gasoline, other fuels –– accounted for 39.15 percent of all inbound shipments.

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

  • Civilian aircraft, parts rose 45.64 percent compared to last year to $5.64 billion.
  • Gold rose 84.65 percent compared to last year to $3.08 billion.
  • Oil rose 239.62 percent compared to last year to $1.42 billion.
  • Paintings, drawings and other artwork rose 38.2 percent compared to last year to $1.42 billion.
  • Medicines in individual dosages rose 20.48 percent compared to last year to $905.75 million.

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

  • Motor vehicles for transporting people rose 3.11 percent compared to last year to $3.96 billion.
  • Medicines in individual dosages rose 68.37 percent compared to last year to $2.05 billion.
  • Value added to a returned import fell 8.52 percent compared to last year to $1.91 billion.
  • Aircraft engines, engine parts rose 20.5 percent compared to last year to $884.85 million.
  • Gasoline, other fuels fell 21.5 percent compared to last year to $855.52 million.

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.