|1||Medical instruments for surgeons, dentists, vets||$9.42 M|
|3||Railway fixtures, mechanical signaling, etc.||$151,805|
|5||Assembled watch movements||$48,258|
|6||Swords, Cutlasses, Bayonets, & Siml Arms & Pa 9307||$28,577|
|8||Saws, drills and other hand tools||$10,045|
|9||Civilian aircraft, parts||$7,469|
|10||Electric motor, generator parts||$6,018|
|1||Motor vehicle engines||$109.33 M|
|2||Motor vehicle parts||$68.91 M|
|3||Windshield wipers, electric light parts||$30.75 M|
|4||Electric ignition equipment||$14.04 M|
|5||Electric motors, generators, not sets||$9.68 M|
|6||Miscellaneous electrical machinery||$7.42 M|
|7||Taxi meters||$7.17 M|
|8||Electrical boards, panels and switches||$5.89 M|
|9||Centrifuges, filters, machines and parts||$5.58 M|
|10||Hardware for fixtures||$4.43 M|
Chattanooga, Tenn.’s trade increases 7.23 percent through October
Chattanooga, Tenn.’s trade with the world rose 7.23 percent, from $296.14 million to $317.55 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.
Chattanooga, Tenn. ranked No. 179 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. 177. It finished No. 177 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 Chattanooga, Tenn.’s top trade parters were No. 1 Mexico, No. 2 Canada, No. 3 Ireland, No. 4 Japan and No. 5 Germany . Through the same period of the previous year, the top trade partners were held by Mexico, Germany, Canada, Japan and Costa Rica, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Mexico rose 12.31 percent to $286.88 million.
Exports fell 67.9 percent to $36,530. Imports rose 12.35 percent to $286.84 million.
- Trade with No. 2 Canada rose 4.82 percent to $9.49 million.
Exports fell 63.75 percent to $17,102. Imports rose 5.18 percent to $9.47 million.
- Trade with No. 3 Ireland rose 190.89 percent to $4.38 million.
Exports rose 190.89 percent to $4.38 million. There were no imports.
- Trade with No. 4 Japan fell 48.81 percent to $3.83 million.
Exports fell 77.12 percent to $23,797. Imports fell 48.41 percent to $3.8 million.
- Trade with No. 5 Germany fell 77.4 percent to $3.49 million.
Exports rose 127.11 percent to $2.64 million. Imports fell 94.04 percent to $851,033.
Chattanooga, Tenn.’s top five trading partners through October accounted for 97.01 percent of its trade with the world.
Chattanooga, Tenn. had trade surpluses with 38 countries and deficits with 14 through October. That compares with 48 surpluses and 19 deficits for the same period one year earlier. The top three surpluses through October of this year were with Ireland, $4.38 million; Germany, $1.79 million; and Costa Rica, $911,926. The top three deficits through October of this year were with Mexico, $286.8 million; Canada, $9.45 million; and Japan, $3.78 million.
Through October it’s top exports were Medical instruments for surgeons, dentists, vets; X-ray apparatus; Railway fixtures, mechanical signaling, etc.; Computers; and Assembled watch movements, in that order. Those accounted for 99.05 percent of its total outbound trade. The Port’s top imports were Motor vehicle engines; Motor vehicle parts; Windshield wipers, electric light parts; Electric ignition equipment; and Electric motors, generators, not sets, accounting for 75.86 percent of all inbound shipments.
Looking more closely at Chattanooga, Tenn.’s exports:
- Medical instruments for surgeons, dentists, vets rose 36.54 percent compared to last year to $9.42 million.
- X-ray apparatus rose 8.2 percent compared to last year to $932,867.
- Railway fixtures, mechanical signaling, etc. rose 100.33 percent compared to last year to $151,805.
- Computers rose 224.46 percent compared to last year to $148,732.
- Assembled watch movements totaled $48,258. The previous year, there were no exports in this category.
On the import side:
- Motor vehicle engines rose 18.78 percent compared to last year to $109.33 million.
- Motor vehicle parts rose 2.77 percent compared to last year to $68.91 million.
- Windshield wipers, electric light parts rose 57.17 percent compared to last year to $30.75 million.
- Electric ignition equipment rose 2.77 percent compared to last year to $14.04 million.
- Electric motors, generators, not sets rose 11.77 percent compared to last year to $9.68 million.
Last year Chattanooga, Tenn. posted total trade with the world of $194.66 million. The Port’s deficit was $162.86 million . At the end of the year, the port’s top five trade partners were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $15.9 million and imports came to $178.76 million.