|1||Civilian aircraft, parts||$458.38 M|
|2||Returned exports, without change||$27.85 M|
|3||Navigational equipment||$15.09 M|
|4||Antennas for radio, TV, parts||$10.67 M|
|5||Motor vehicle parts||$9.31 M|
|6||Medical instruments||$8.95 M|
|7||Laser-based medical equipment, parts||$8.45 M|
|8||Optical fibers||$7.73 M|
|9||Medical equipment for physicals||$6.47 M|
|1||Regional aircraft, satellites, etc.||$131.51 M|
|2||Motor vehicle parts||$113.55 M|
|3||Returned exports, without change||$55.23 M|
|5||Cell phones, related equipment||$36.92 M|
|6||Misc. aircraft parts||$25.58 M|
|7||Plates, sticks, tips, etc, of cemets||$23.2 M|
|8||Machine tool parts||$15.44 M|
|9||Medical equipment for physicals||$13.68 M|
|10||Electrical boards, panels and switches||$12.84 M|
Detroit Metropolitan Airport’s trade decreases 35.87 percent through May
Detroit Metropolitan Airport’s trade with the world fell 35.87 percent, from $2.42 billion to $1.55 billion through the first five 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 $1.48 trillion, with exports at $582.11 billion and imports at $898.44 billion. The nation’s total trade decreased 13.61 percent compared to the same period last year. Exports fell 15.09 percent and imports fell 12.63 percent.
Detroit Metropolitan Airport ranked No. 91 for total trade among the nation’s roughly 450 airports, seaports and border crossings through May of 2020.
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 May Detroit Metropolitan Airport’s top trade partners were No. 1 France, No. 2 United Kingdom, No. 3 China, No. 4 Germany and No. 5 Canada. Through the same period of the previous year, the top trade partners were held by France, Germany, China, United Kingdom and Japan, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 France fell 53.87 percent to $337.99 million.
Exports fell 31.23 percent to $243.91 million. Imports fell 75.11 percent to $94.09 million.
- Trade with No. 2 United Kingdom rose 26.21 percent to $254.36 million.
Exports rose 301.27 percent to $227.02 million. Imports fell 81.14 percent to $27.33 million.
- Trade with No. 3 China fell 29.66 percent to $193.55 million.
Exports fell 95.04 percent to $11.5 million. Imports rose 318.47 percent to $182.05 million.
- Trade with No. 4 Germany fell 58.27 percent to $156.31 million.
Exports fell 85.96 percent to $40.76 million. Imports rose 37.14 percent to $115.55 million.
- Trade with No. 5 Canada rose 39.78 percent to $104.24 million.
Exports fell 99.97 percent to $19,187. Imports rose 26454 percent to $104.22 million.
Detroit Metropolitan Airport’s top five trading partners through May accounted for 67.44 percent of its trade with the world.
Detroit Metropolitan Airport had trade surpluses with 19 countries and deficits with 79 through May. That compares with 84 surpluses and 26 deficits for the same period one year earlier. The top three surpluses through May of this year were with United Kingdom, $199.69 million; France, $149.82 million; and The Netherlands, $56.37 million. The top three deficits through May of this year were with China, $170.55 million; Canada, $104.2 million; and Germany, $74.79 million.
Through May its top exports were Civilian aircraft, parts; Returned exports, without change; Navigational equipment; Antennas for radio, TV, parts; and Motor vehicle parts, in that order. Those accounted for 74.76 percent of its total outbound trade. The Port’s top imports were Satellites, related equipment; Motor vehicle parts; Returned exports, without change; Computers; and Cell phones, related equipment, accounting for 44.13 percent of all inbound shipments.
Looking more closely at Detroit Metropolitan Airport’s exports:
- Civilian aircraft, parts fell 16.64 percent compared to last year to $458.38 million.
- Returned exports, without change rose 105.61 percent compared to last year to $27.85 million.
- Navigational equipment fell 7.71 percent compared to last year to $15.09 million.
- Antennas for radio, TV, parts fell 6.39 percent compared to last year to $10.67 million.
- Motor vehicle parts fell 25.7 percent compared to last year to $9.31 million.
On the import side:
- Satellites, related equipment fell 64.43 percent compared to last year to $131.51 million.
- Motor vehicle parts fell 45.42 percent compared to last year to $113.55 million.
- Returned exports, without change fell 32.59 percent compared to last year to $55.23 million.
- Computers rose 468.74 percent compared to last year to $39.82 million.
- Cell phones, related equipment rose 321.83 percent compared to last year to $36.92 million.
Last year Detroit Metropolitan Airport posted total trade with the world of $5.36 billion. The Port’s deficit was $933.51 million. Exports totaled $2.21 billion and imports came to $3.15 billion.