|1||Medical technology||$2.87 M|
|2||Misc. iron and steel articles||$1.55 M|
|3||Prepared foods, beverages||$1.51 M|
|4||Glycosides, natural or synthetic, and salts, ether||$827,408|
|5||Windshield wipers, electric light parts||$553,678|
|6||Tubes, pipes, hollow profiles of cast iron||$352,062|
|7||Electrical supplies, apparatus, less than 1000V||$272,585|
|8||Cell phones, related equipment||$219,744|
|9||Laser-based medical equipment, parts||$195,220|
|10||Medical equipment for physicals||$182,700|
|1||Defense-related aircraft, parts||$50,000|
|2||Misc. plastic articles||$45,255|
|3||Miscellaneous machines, parts||$44,416|
|5||Parts for heavy machinery||$37,902|
|6||Babies' garments, accessories, knit or crocheted||$34,661|
|7||Misc. chemical elements used in electron, disc waf||$34,373|
|8||Prepared foods, beverages||$25,265|
|9||TVs, computer monitors||$10,088|
|10||Miscellaneous electrical machinery||$7,322|
Atlantic City Regional Airport, N.J.’s trade increases 13.7 percent through May
Atlantic City Regional Airport, N.J.’s trade with the world rose 13.7 percent, from $10.1 million to $11.48 million through the first five months of 2020 when compared to the same period the previous year, according to WorldCity analysis of the latest U.S. Census Bureau data.
During the same time period, the nation’s total trade was $1.48 trillion, with exports at $582.11 billion and imports at $898.44 billion. The nation’s total trade decreased 13.61 percent compared to the same period last year. Exports fell 15.09 percent and imports fell 12.63 percent.
Atlantic City Regional Airport, N.J. ranked No. 265 for total trade among the nation’s roughly 450 airports, seaports and border crossings through May of 2020.
The nation’s top five “ports” — airports, seaports and border crossings — so far this year, by value, are Port of Los Angeles; Port Laredo; Chicago O’Hare International Airport; Port of Newark and John F. Kennedy International Airport.
Through May Atlantic City Regional Airport, N.J.’s top trade partners were No. 1 China, No. 2 Switzerland, No. 3 Vietnam, No. 4 Austria and No. 5 Saudi Arabia. Through the same period of the previous year, the top trade partners were held by China, Vietnam, Hong Kong, Saudi Arabia and Argentina, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 China rose 61.19 percent to $3.7 million.
Exports rose 6910.18 percent to $3.69 million. Imports fell 99.46 percent to $12,039.
- Trade with No. 2 Switzerland totaled $1.62 million.
Exports totaled $1.61 million. Imports totaled $4,246.
- Trade with No. 3 Vietnam fell 53.54 percent to $924,409.
Exports totaled $924,409. There were no imports.
- Trade with No. 4 Austria rose 555 percent to $877,408.
Exports totaled $827,408. Imports fell 62.67 percent to $50,000.
- Trade with No. 5 Saudi Arabia fell 6.68 percent to $582,249.
Exports totaled $582,249. There were no imports.
Atlantic City Regional Airport, N.J.’s top five trading partners through May accounted for 67.08 percent of its trade with the world.
Atlantic City Regional Airport, N.J. had trade surpluses with 44 countries and deficits with four through May. That compares with five surpluses and 45 deficits for the same period one year earlier. The top three surpluses through May of this year were with China, $3.67 million; Switzerland, $1.61 million; and Vietnam, $924,409. The top three deficits through May of this year were with Peru, $43,099; Sweden, $19,148; and Taiwan, $18,930.
Through May its top exports were Medical technology; Misc. iron and steel articles; Prepared foods, beverages; Glycosides, natural or synthetic, and salts, ether; and Windshield wipers, electric light parts, in that order. Those accounted for 65.73 percent of its total outbound trade. The Port’s top imports were Defense-related aircraft, parts; Misc. plastic articles; Miscellaneous machines, parts; Bicycle parts; and Parts for heavy machinery, accounting for 58.84 percent of all inbound shipments.
Looking more closely at Atlantic City Regional Airport, N.J.’s exports:
- Medical technology rose 64.41 percent compared to last year to $2.87 million.
- Misc. iron and steel articles rose 21752 percent compared to last year to $1.55 million.
- Prepared foods, beverages fell 29.14 percent compared to last year to $1.51 million.
- Glycosides, natural or synthetic, and salts, ether totaled $827,408. The previous year, there were no exports in this category.
- Windshield wipers, electric light parts rose 1007.36 percent compared to last year to $553,678.
On the import side:
- Defense-related aircraft, parts totaled $50,000. The previous year, there were no imports in this category.
- Misc. plastic articles rose 1921.21 percent compared to last year to $45,255.
- Miscellaneous machines, parts totaled $44,416. The previous year, there were no imports in this category.
- Bicycle parts totaled $39,352. The previous year, there were no imports in this category.
- Parts for heavy machinery totaled $37,902. The previous year, there were no imports in this category.
Last year Atlantic City Regional Airport, N.J. posted total trade with the world of $34.98 million. The Port’s surplus was $28.57 million. Exports totaled $31.77 million and imports came to $3.2 million.