|1||Civilian aircraft, parts||$733.29 M|
|2||Medical instruments for surgeons, dentists, vets||$77.71 M|
|3||Value added to a returned import||$61.23 M|
|4||Motor vehicle parts||$40.79 M|
|5||Orthopedic appliances, artificial body parts||$39.4 M|
|6||Misc. medical chemical re-agents||$28.05 M|
|7||Parts for cellular communications||$27.48 M|
|8||Navigational equipment||$26.47 M|
|9||Laser-based medical equipment, parts||$24.36 M|
|10||Engine parts||$22.34 M|
|1||Motor vehicle parts||$546.32 M|
|2||Aircraft, Spacecraft, Satellites||$210.21 M|
|3||Plates, sticks, tips, etc, of cemets||$101.07 M|
|4||Value added to a returned import||$89.8 M|
|5||TV cameras, digital cameras, camcorders||$79.47 M|
|6||Aircraft engines, engine parts||$73.83 M|
|7||Taps, cocks and valves for pipes, tanks||$73.46 M|
|8||Machine tool parts||$56.74 M|
|9||Miscellaneous machine parts||$54.49 M|
|10||Medical equipment for physicals||$53.27 M|
Detroit Metropolitan Airport’s trade decreases 17.25 percent through October
Detroit Metropolitan Airport’s trade with the world fell 17.25 percent, from $5.01 billion to $4.15 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.
Detroit Metropolitan Airport ranked No. 94 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. 84. It finished No. 83 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 Detroit Metropolitan Airport’s top trade parters were No. 1 Germany, No. 2 China, No. 3 United Kingdom, No. 4 France and No. 5 Japan . Through the same period of the previous year, the top trade partners were held by United Kingdom, Germany, France, China and Japan, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Germany fell 19.6 percent to $805.85 million.
Exports fell 36.55 percent to $172.58 million. Imports fell 13.28 percent to $633.27 million.
- Trade with No. 2 China rose 40.18 percent to $668.08 million.
Exports rose 168.38 percent to $103.15 million. Imports rose 28.94 percent to $564.93 million.
- Trade with No. 3 United Kingdom fell 59.42 percent to $553.54 million.
Exports fell 64.33 percent to $451.22 million. Imports rose 3.56 percent to $102.32 million.
- Trade with No. 4 France fell 4.69 percent to $490.33 million.
Exports fell 3.92 percent to $275.36 million. Imports fell 5.65 percent to $214.97 million.
- Trade with No. 5 Japan rose 25.93 percent to $384.98 million.
Exports rose 56.55 percent to $134.83 million. Imports rose 13.91 percent to $250.14 million.
Detroit Metropolitan Airport’s top five trading partners through October accounted for 69.97 percent of its trade with the world.
Detroit Metropolitan Airport had trade surpluses with 31 countries and deficits with 83 through October. That compares with 34 surpluses and 89 deficits for the same period one year earlier. The top three surpluses through October of this year were with United Kingdom, $348.89 million; The Netherlands, $80.83 million; and France, $60.39 million. The top three deficits through October of this year were with China, $461.78 million; Germany, $460.69 million; and Japan, $115.31 million.
Through October it’s top exports were Civilian aircraft, parts; Medical instruments for surgeons, dentists, vets; Value added to a returned import; Motor vehicle parts; and Orthopedic appliances, artificial body parts, in that order. Those accounted for 63.57 percent of its total outbound trade. The Port’s top imports were Motor vehicle parts; Aircraft, Spacecraft, Satellites; Plates, sticks, tips, etc, of cemets; Value added to a returned import; and TV cameras, digital cameras, camcorders, accounting for 38.75 percent of all inbound shipments.
Looking more closely at Detroit Metropolitan Airport’s exports:
- Civilian aircraft, parts fell 51.09 percent compared to last year to $733.29 million.
- Medical instruments for surgeons, dentists, vets rose 3.34 percent compared to last year to $77.71 million.
- Value added to a returned import fell 31.36 percent compared to last year to $61.23 million.
- Motor vehicle parts rose 14.36 percent compared to last year to $40.79 million.
- Orthopedic appliances, artificial body parts rose 379.27 percent compared to last year to $39.4 million.
On the import side:
- Motor vehicle parts rose 19.36 percent compared to last year to $546.32 million.
- Aircraft, Spacecraft, Satellites fell 23.67 percent compared to last year to $210.21 million.
- Plates, sticks, tips, etc, of cemets rose 746.69 percent compared to last year to $101.07 million.
- Value added to a returned import fell 13.52 percent compared to last year to $89.8 million.
- TV cameras, digital cameras, camcorders rose 237.7 percent compared to last year to $79.47 million.
Last year Detroit Metropolitan Airport posted total trade with the world of $4.58 billion. The Port’s deficit was $706.56 million . At the end of the year, the port’s top five trade partners were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $1.94 billion and imports came to $2.64 billion.