|1||Civilian aircraft, parts||$8.23 M|
|2||Plasma, vaccines, blood||$3.5 M|
|3||Cell phones, related equipment||$2.1 M|
|5||Compasses and similar navigational instruments||$481,479|
|6||Insulated wire, cable||$310,142|
|7||Medical equipment for physicals||$296,329|
|8||Cameras, including TV cameras||$250,004|
|9||Electrical boards, panels and switches||$236,063|
|1||Internal combustion engines||$11.48 M|
|2||Motor vehicle parts||$10.94 M|
|3||Returned exports, without change||$3.83 M|
|4||Parts for heavy machinery||$2.42 M|
|5||Transmission shafts, bearings, gears||$1.86 M|
|6||Electrical boards, panels and switches||$1.17 M|
|7||Taps, cocks and valves for pipes, tanks||$874,829|
|8||Misc. engines and motors, parts||$771,999|
|9||U.S. government imports||$375,000|
|10||Screws, nuts, bolts, washers||$240,988|
Fargo International Airport, N.D.’s trade decreases 34.59 percent through May
Fargo International Airport, N.D.’s trade with the world fell 34.59 percent, from $86.21 million to $56.39 million 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.
Fargo International Airport, N.D. ranked No. 202 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 Fargo International Airport, N.D.’s top trade partners were No. 1 Canada, No. 2 France, No. 3 Italy, No. 4 Germany and No. 5 Japan. Through the same period of the previous year, the top trade partners were held by Canada, France, Japan, Germany and Italy, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Canada fell 34.58 percent to $21.39 million.
Exports rose 204.84 percent to $14.7 million. Imports fell 76 percent to $6.69 million.
- Trade with No. 2 France fell 49.72 percent to $9.11 million.
There were no exports. Imports totaled $9.11 million.
- Trade with No. 3 Italy fell 1.41 percent to $7.7 million.
Exports fell 52.92 percent to $3.61 million. Imports rose 2994.45 percent to $4.08 million.
- Trade with No. 4 Germany fell 15.93 percent to $7.06 million.
Exports fell 79.81 percent to $1.52 million. Imports rose 549.78 percent to $5.53 million.
- Trade with No. 5 Japan fell 43.55 percent to $5.96 million.
Exports fell 99.56 percent to $46,450. Imports rose 9976.67 percent to $5.92 million.
Fargo International Airport, N.D.’s top five trading partners through May accounted for 90.82 percent of its trade with the world.
Fargo International Airport, N.D. had trade surpluses with eight countries and deficits with 24 through May. That compares with 19 surpluses and 10 deficits for the same period one year earlier. The top three surpluses through May of this year were with Canada, $8.01 million; Sweden, $245,616; and Australia, $73,180. The top three deficits through May of this year were with France, $9.11 million; Japan, $5.87 million; and Germany, $4.01 million.
Through May its top exports were Civilian aircraft, parts; Plasma, vaccines, blood; Cell phones, related equipment; Computers; and Compasses and similar navigational instruments, in that order. Those accounted for 73.1 percent of its total outbound trade. The Port’s top imports were Internal combustion engines; Motor vehicle parts; Returned exports, without change; Parts for heavy machinery; and Transmission shafts, bearings, gears, accounting for 84.73 percent of all inbound shipments.
Looking more closely at Fargo International Airport, N.D.’s exports:
- Civilian aircraft, parts rose 16.45 percent compared to last year to $8.23 million.
- Plasma, vaccines, blood rose 13502 percent compared to last year to $3.5 million.
- Cell phones, related equipment fell 26.59 percent compared to last year to $2.1 million.
- Computers fell 33.43 percent compared to last year to $561,242.
- Compasses and similar navigational instruments fell 15.12 percent compared to last year to $481,479.
On the import side:
- Internal combustion engines fell 52.33 percent compared to last year to $11.48 million.
- Motor vehicle parts fell 40.91 percent compared to last year to $10.94 million.
- Returned exports, without change rose 548.51 percent compared to last year to $3.83 million.
- Parts for heavy machinery rose 24.11 percent compared to last year to $2.42 million.
- Transmission shafts, bearings, gears fell 38.02 percent compared to last year to $1.86 million.
Last year Fargo International Airport, N.D. posted total trade with the world of $190.71 million. The Port’s deficit was $39.55 million. Exports totaled $75.58 million and imports came to $115.13 million.