|1||Medical instruments||$8.66 M|
|4||Railway fixtures, mechanical signaling, etc.||$201,952|
|5||Medical equipment for physicals||$75,744|
|6||Plastic tableware and other products||$40,921|
|7||Self-adhesive plates, sheets, film||$31,544|
|8||Machinery for sorting minerals, ores||$19,788|
|9||Swords, Cutlasses, Bayonets, & Siml Arms & Pa 9307||$14,901|
|10||Electric ignition equipment||$11,615|
|1||Motor vehicle engines||$61.6 M|
|2||Motor vehicle parts||$45.82 M|
|3||Windshield wipers, electric light parts||$24.91 M|
|4||Miscellaneous electrical machinery||$8.06 M|
|5||Electric ignition equipment||$6.86 M|
|6||Electrical boards, panels and switches||$5.04 M|
|7||Electric motors, generators, not sets||$4.79 M|
|8||Speedometers and tachometers||$4.23 M|
|9||Catalytic converters, air filters, oil filters, et||$3.72 M|
|10||Insulated wire, cable||$3.63 M|
Chattanooga, Tenn.’s trade increases 25.8 percent through July
Chattanooga, Tenn.’s trade with the world rose 25.8 percent, from $162.65 million to $204.61 million through the first seven 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 $2.08 trillion, with exports at $799.82 billion and imports at $1.28 trillion. The nation’s total trade decreased 13.79 percent compared to the same period last year. Exports fell 16.38 percent and imports fell 12.08 percent.
Chattanooga, Tenn. ranked No. 173 for total trade among the nation’s roughly 450 airports, seaports and border crossings through July of 2020. During the same period of 2019 it ranked No. 189. It finished No. 188 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; Chicago O’Hare International Airport; John F. Kennedy International Airport; Port Laredo and Port of Newark.
Through July Chattanooga, Tenn.’s top trade partners were No. 1 Mexico, No. 2 Ireland, No. 3 Canada, No. 4 Costa Rica and No. 5 Vietnam. Through the same period of the previous year, the top trade partners were held by Mexico, Canada, Ireland, China and Germany, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Mexico rose 0.42 percent to $144.11 million.
Exports fell 36.56 percent to $12,370. Imports rose 0.43 percent to $144.1 million.
- Trade with No. 2 Ireland rose 32.95 percent to $4.1 million.
Exports rose 32.95 percent to $4.1 million. There were no imports.
- Trade with No. 3 Canada fell 56.74 percent to $2.41 million.
There were no exports. Imports fell 56.55 percent to $2.41 million.
- Trade with No. 4 Costa Rica rose 110.26 percent to $2.08 million.
Exports rose 110.26 percent to $2.08 million. There were no imports.
- Trade with No. 5 Vietnam rose 28273 percent to $1.71 million.
Exports totaled $3,498. Imports rose 28215 percent to $1.7 million.
Chattanooga, Tenn.’s top five trading partners through July accounted for 95.8 percent of its trade with the world.
Chattanooga, Tenn. had trade surpluses with 29 countries and deficits with 20 through July. That compares with 43 surpluses and 11 deficits for the same period one year earlier. The top three surpluses through July of this year were with Ireland, $4.1 million; Costa Rica, $2.08 million; and Australia, $299,774. The top three deficits through July of this year were with Mexico, $144.08 million; Canada, $2.41 million; and Vietnam, $1.7 million.
Through July its top exports were Medical instruments; Computers; X-ray apparatus; Railway fixtures, mechanical signaling, etc.; and Medical equipment for physicals, in that order. Those accounted for 98.47 percent of its total outbound trade. The Port’s top imports were Motor vehicle engines; Motor vehicle parts; Windshield wipers, electric light parts; Miscellaneous electrical machinery; and Electric ignition equipment, accounting for 75.57 percent of all inbound shipments.
Looking more closely at Chattanooga, Tenn.’s exports:
- Medical instruments rose 23.55 percent compared to last year to $8.66 million.
- Computers rose 141.64 percent compared to last year to $393,486.
- X-ray apparatus fell 24.33 percent compared to last year to $271,923.
- Railway fixtures, mechanical signaling, etc. rose 228.54 percent compared to last year to $201,952.
- Medical equipment for physicals totaled $75,744. The previous year, there were no exports in this category.
On the import side:
- Motor vehicle engines rose 261.03 percent compared to last year to $61.6 million.
- Motor vehicle parts fell 1.52 percent compared to last year to $45.82 million.
- Windshield wipers, electric light parts fell 15.62 percent compared to last year to $24.91 million.
- Miscellaneous electrical machinery rose 73.79 percent compared to last year to $8.06 million.
- Electric ignition equipment fell 31.38 percent compared to last year to $6.86 million.
Last year Chattanooga, Tenn. posted total trade with the world of $324.06 million. The Port’s deficit was $292.34 million. Exports totaled $15.86 million and imports came to $308.2 million.