|1||Power supplies, transformers||$8.41 M|
|3||Electric storage batteries||$2.55 M|
|4||Refrigerators, freezers||$1.07 M|
|5||Centrifuges, filters, machines and parts||$981,003|
|6||Preparations for animal feeding||$701,725|
|7||Medical equipment for physicals||$445,619|
|8||Machinery for heating and sterilizing||$438,963|
|9||Misc. plastic articles||$330,896|
|10||Electrical boards, panels and switches||$317,573|
|1||Electric water, space, soil heaters||$31,160|
|2||Electrical boards, panels and switches||$8,612|
|4||Rubbers tubes, pipes, etc.||$1,433|
|7||Power supplies, transformers||$0|
|9||Miscellaneous machine parts||$0|
|10||Halogenated derivatives of hydrocarbons||$0|
Detour, Mich.’s trade increases 17.33 percent through August
Detour, Mich.’s trade with the world rose 17.33 percent, from $17.6 million to $20.65 million through the first eight months of 2019 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 $2.77 trillion, with exports at $1.1 trillion and imports at $1.67 trillion. The nation’s total trade decreased 0.32 percent compared to the same period last year. Exports fell 0.71 percent and imports fell 0.07 percent.
Detour, Mich. ranked No. 266 for total trade among the nation’s roughly 450 airports, seaports and border crossings through August of 2019.
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 August Detour, Mich.’s top trade partners were No. 1 Canada, No. 2 Egypt, No. 3 Indonesia, No. 4 Germany and No. 5 Bangladesh. Through the same period of the previous year, the top trade partners were held by Canada, Belgium, The Netherlands, China and United Kingdom, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Canada rose 36.69 percent to $19.55 million.
Exports rose 36.63 percent to $19.55 million. Imports totaled $8,612.
- Trade with No. 2 Egypt totaled $368,488.
Exports totaled $368,488. There were no imports.
- Trade with No. 3 Indonesia totaled $343,237.
Exports totaled $343,237. There were no imports.
- Trade with No. 4 Germany totaled $123,560.
Exports totaled $123,560. There were no imports.
- Trade with No. 5 Bangladesh totaled $90,000.
Exports totaled $90,000. There were no imports.
Detour, Mich.’s top five trading partners through August accounted for 99.18 percent of its trade with the world.
Detour, Mich. had trade surpluses with eight countries and deficits with three through August. That compares with 14 surpluses and two deficits for the same period one year earlier. The top three surpluses through August of this year were with Canada, $19.54 million; Egypt, $368,488; and Indonesia, $343,237. The top three deficits through August of this year were with Philippines, $31,160; Slovenia, $7,954; and Japan, $1,089.
Through August its top exports were Power supplies, transformers; Borates; Electric storage batteries; Refrigerators, freezers; and Catalytic converters, air filters, oil filers, etc., in that order. Those accounted for 75.74 percent of its total outbound trade. The Port’s top imports were Electric water, space, soil heaters; Electrical boards, panels and switches; Computer parts; Rubbers tubes, pipes, etc.; and Power supplies, transformers, accounting for 100 percent of all inbound shipments.
Looking more closely at Detour, Mich.’s exports:
- Power supplies, transformers rose 10.35 percent compared to last year to $8.41 million.
- Borates totaled $2.59 million. The previous year, there were no exports in this category.
- Electric storage batteries rose 53.12 percent compared to last year to $2.55 million.
- Refrigerators, freezers rose 28.06 percent compared to last year to $1.07 million.
- Catalytic converters, air filters, oil filers, etc. fell 18.31 percent compared to last year to $981,003.
On the import side:
- Electric water, space, soil heaters totaled $31,160. The previous year, there were no imports in this category.
- Electrical boards, panels and switches totaled $8,612. The previous year, there were no imports in this category.
- Computer parts totaled $7,954. The previous year, there were no imports in this category.
- Rubbers tubes, pipes, etc. totaled $1,433. The previous year, there were no imports in this category.
- Power supplies, transformers totaled $0. The previous year, there were no imports in this category.
Last year Detour, Mich. posted total trade with the world of $27.88 million. The Port’s surplus was $27.52 million. At the end of the year, the port’s top five trade partners were Canada, Japan, Belgium, The Netherlands and China. Exports totaled $27.7 million and imports came to $181,487.