Total Trade: $80.85 million
|1||Port of Houston||$11,719,455|
|2||Port of Newark||$9,456,970|
|3||International Falls, Minn.||$5,668,986|
|4||Port of Los Angeles||$5,465,759|
|5||Pembina Border Crossing, N.D.||$5,415,773|
|6||Port of Virginia||$4,031,342|
|7||Port of Chester, Penn.||$3,675,780|
|8||Port of Mobile, Ala.||$3,598,285|
|9||Port of Charleston||$3,205,193|
|10||Port of Savannah, Ga.||$2,774,251|
U.S. imports of Misc. steel bars decreased 41.19 percent through February to $80.85 million
U.S. imports of Misc. steel bars decreased 41.19 percent from $137.48 million to $80.85 million through the first two months of 2020 when compared to the same period the previous year, according to WorldCity analysis of the latest U.S. Census Bureau data.
The category ranked 470 through February among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 381 for the last full year with a total value of $688.67 million, a $194.54 million, 22.03 percent decreased from the 2018 total.
Through February of this year the leading sources were No. 1 Canada, No. 2 China, No. 3 Japan, No. 4 Germany and No. 5 South Korea. The leading gateways were No. 1 Port of Houston, No. 2 Port of Newark, No. 3 International Falls, Minn., No. 4 Port of Los Angeles and No. 5 Pembina Border Crossing, N.D..
In the last previous full year, theleading sources were No. 1 China, No. 2 Canada, No. 3 Brazil, No. 4 United Kingdom and No. 5 Austria. The leading gateways were No. 1 Port of Houston, No. 2 Port of Newark, No. 3 Chicago O’Hare International Airport, No. 4 Port of Virginia and No. 5 Port of Los Angeles.
January – February 2020
|6||New York City||$2,952,154|
Looking at specific airports, seaports and border crossings, the top five through through the first two months of the year were:
Highlights for the top five ports:
- Port of Houston fell 65.8 percent compared to last year to $11.72 million.
- Port of Newark fell 30.61 percent compared to last year to $9.46 million.
- International Falls, Minn. rose 28.96 percent compared to last year to $5.67 million.
- Port of Los Angeles rose 7.42 percent compared to last year to $5.47 million.
- Pembina Border Crossing, N.D. rose 192.51 percent compared to last year to $5.42 million.
There are several hundred airports, seaports and border crossings that handle international trade; they are, in turn, part of the roughly four dozen U.S. Customs districts.
Highlights for the top five foreign markets:
- U.S. imports from No. 1 Canada increased $3.01 million, 17.07 percent, (25.57 percent of all shipments).
- U.S. imports from No. 2 China decreased $18.03 million, 56.29 percent, (17.31 percent market share).
- U.S. imports from No. 3 Japan increased $2.84 million, 94.2 percent, (7.25 percent market share).
- U.S. imports from No. 4 Germany increased $333,841, 6.22 percent, (7.05 percent market share).
- U.S. imports from No. 5 South Korea increased $183,939, 4.1 percent, (5.78 percent of all shipments).
All totaled, 62.97 percent of all these Misc. steel bars imports to the United States were shipped from the top five markets through February of this year. That is equal to $50.91 million of the $80.85 million total.
All totaled, 46.66 percent of all these Misc. steel bars imports to the United States were shipped to the top five Ports through February of this year. That is equal to $37.73 million of the $80.85 million total