|1||Commercial vehicles||$2.7 B|
|2||Motor vehicles for transporting people||$1.89 B|
|3||Motor vehicle parts||$820.48 M|
|4||Cigars, cigarettes||$809.64 M|
|5||Medical instruments for surgeons, dentists, vets||$721.66 M|
|6||Medicines in individual dosages||$717.8 M|
|7||Civilian aircraft, parts||$520.36 M|
|9||Make-up and skin-care products||$475.95 M|
|1||Motor vehicles for transporting people||$5.82 B|
|2||Value added to a returned import||$1.43 B|
|3||Petroleum gases, other gaseous hydrocarbons||$1.1 B|
|5||Medicines in individual dosages||$895.57 M|
|6||Bread, pastry, cakes||$646.43 M|
|7||Furniture, parts||$543.52 M|
|8||Commercial vehicles||$406.7 M|
|9||Electrical energy||$359.76 M|
|10||Defense-related aircraft, parts||$356.38 M|
Buffalo Peace Bridge, NY’s trade decreases 0.69 percent through October
Buffalo Peace Bridge, NY’s trade with the world fell 0.69 percent, from $68.36 billion to $67.89 billion 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.
Buffalo Peace Bridge, NY ranked No. 15 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. 13. It finished No. 13 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 Buffalo Peace Bridge, NY’s top trade parters were No. 1 Canada, No. 2 China, No. 3 Germany, No. 4 Belgium and No. 5 United Kingdom . Through the same period of the previous year, the top trade partners were held by Canada, China, Germany, Japan and Belgium, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Canada fell 3.22 percent to $60.81 billion.
Exports fell 5.52 percent to $31.86 billion. Imports fell 0.56 percent to $28.95 billion.
- Trade with No. 2 China rose 6.24 percent to $1.81 billion.
Exports rose 34.88 percent to $246.41 million. Imports rose 2.8 percent to $1.57 billion.
- Trade with No. 3 Germany rose 21.83 percent to $982.36 million.
Exports rose 29.45 percent to $690.3 million. Imports rose 6.96 percent to $292.06 million.
- Trade with No. 4 Belgium rose 89.37 percent to $509.05 million.
Exports rose 95.23 percent to $489.98 million. Imports rose 6.89 percent to $19.07 million.
- Trade with No. 5 United Kingdom rose 68.18 percent to $414.39 million.
Exports rose 103.32 percent to $314.17 million. Imports rose 9.08 percent to $100.23 million.
Buffalo Peace Bridge, NY’s top five trading partners through October accounted for 95.04 percent of its trade with the world.
Buffalo Peace Bridge, NY had trade surpluses with 67 countries and deficits with 101 through October. That compares with 64 surpluses and 100 deficits for the same period one year earlier. The top three surpluses through October of this year were with Canada, $2.92 billion; Belgium, $470.9 million; and Germany, $398.24 million. The top three deficits through October of this year were with China, $1.32 billion; Mexico, $125.62 million; and Taiwan, $69.61 million.
Through October it’s top exports were Commercial vehicles; Motor vehicles for transporting people; Motor vehicle parts; Cigars, cigarettes; and Medical instruments for surgeons, dentists, vets, in that order. Those accounted for 19.55 percent of its total outbound trade. The Port’s top imports were Motor vehicles for transporting people; Value added to a returned import; Petroleum gases, other gaseous hydrocarbons; Oil; and Medicines in individual dosages, accounting for 31.33 percent of all inbound shipments.
Looking more closely at Buffalo Peace Bridge, NY’s exports:
- Commercial vehicles fell 1.56 percent compared to last year to $2.7 billion.
- Motor vehicles for transporting people fell 6.29 percent compared to last year to $1.89 billion.
- Motor vehicle parts rose 0.42 percent compared to last year to $820.48 million.
- Cigars, cigarettes rose 29.67 percent compared to last year to $809.64 million.
- Medical instruments for surgeons, dentists, vets rose 16.59 percent compared to last year to $721.66 million.
On the import side:
- Motor vehicles for transporting people fell 17.55 percent compared to last year to $5.82 billion.
- Value added to a returned import rose 11.12 percent compared to last year to $1.43 billion.
- Petroleum gases, other gaseous hydrocarbons fell 11.92 percent compared to last year to $1.1 billion.
- Oil rose 14.6 percent compared to last year to $899.98 million.
- Medicines in individual dosages rose 12.66 percent compared to last year to $895.57 million.
Last year Buffalo Peace Bridge, NY posted total trade with the world of $0. The Port’s deficit was $0 . At the end of the year, the port’s top five trade partners were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $0 and imports came to $0.