|1||Gasoline, other fuels||$29.07 M|
|2||Cranes, derricks, industrial-use vehicles||$1.52 M|
|3||Rubber tires||$1.35 M|
|4||Preparations for animal feeding||$1.25 M|
|5||Self-propelled heavy construction machinery||$1.21 M|
|6||Motorboats and yachts||$1.05 M|
|7||Parts for heavy machinery||$675,067|
|8||Value added to a returned import||$637,976|
|9||Transmission shafts, bearings, gears||$580,967|
|10||Petroleum gases, other gaseous hydrocarbons||$456,019|
|1||Electric motors, generators, not sets||$36,430|
|3||Value added to a returned import||$12,696|
|5||Machinery for sorting minerals, ores||$2,599|
|6||Rafts, buoys, other misc. floating structures||$0|
|7||Plywood, veneered and laminated wood||$0|
|9||General medical equipment||$0|
|10||Gasoline, other fuels||$0|
Baudette International Bridge, Minn.’s trade increases 17.58 percent through October
Baudette International Bridge, Minn.’s trade with the world rose 17.58 percent, from $37.83 million to $44.48 million through the first 10 months of 2018 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 $3.51 trillion, with exports at $1.39 trillion and imports at $2.12 trillion. The nation’s total trade increased 9.25 percent compared to the same period last year. Exports rose 8.95 percent and imports rose 9.44 percent.
Baudette International Bridge, Minn. ranked No. 248 for total trade among the nation’s roughly 450 airports, seaports and border crossings through October of 2018. During the same period of 2017 it ranked No. 251. It finished No. 249 in the last full year.
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; John F. Kennedy International Airport and Port of Newark.
Through October Baudette International Bridge, Minn.’s top trade parters were No. 1 Canada, No. 2 United Kingdom, No. 3 Germany, No. 4 China and No. 5 Hong Kong . Through the same period of the previous year, the top trade partners were held by Canada, Hong Kong, Germany, United Kingdom and China, respectively.
Taking a closer look at its leading trade partners:
Baudette International Bridge, Minn.’s top five trading partners through October accounted for 100 percent of its trade with the world.
Baudette International Bridge, Minn. had trade surpluses with one countries and deficits with three through October. That compares with one surpluses and three deficits for the same period one year earlier. The top three surpluses through October of this year were with Canada, $44.39 million; Hong Kong, $0; and China, $2,599. The top three deficits through October of this year were with United Kingdom, $36,430; Germany, $15,308; and China, $2,599.
Through October it’s top exports were Gasoline, other fuels; Cranes, derricks, industrial-use vehicles; Rubber tires; Preparations for animal feeding; and Self-propelled heavy construction machinery, in that order. Those accounted for 77.46 percent of its total outbound trade. The Port’s top imports were Electric motors, generators, not sets; Cigars, cigarettes; Value added to a returned import; Beer; and Machinery for sorting minerals, ores, accounting for 100 percent of all inbound shipments.
Looking more closely at Baudette International Bridge, Minn.’s exports:
- Gasoline, other fuels rose 44.51 percent compared to last year to $29.07 million.
- Cranes, derricks, industrial-use vehicles rose 66.47 percent compared to last year to $1.52 million.
- Rubber tires totaled $1.35 million. The previous year, there were no exports in this category.
- Preparations for animal feeding rose 26.18 percent compared to last year to $1.25 million.
- Self-propelled heavy construction machinery rose 1552.32 percent compared to last year to $1.21 million.
On the import side:
- Electric motors, generators, not sets totaled $36,430. The previous year, there were no imports in this category.
- Cigars, cigarettes rose 391.59 percent compared to last year to $15,308.
- Value added to a returned import rose 17.94 percent compared to last year to $12,696.
- Beer fell 74.96 percent compared to last year to $6,213.
- Machinery for sorting minerals, ores totaled $2,599. The previous year, there were no imports in this category.
Last year Baudette International Bridge, Minn. posted total trade with the world of $37.6 million. The Port’s surplus was $36.86 million . At the end of the year, the port’s top five trade partners were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $37.23 million and imports came to $370,052.