|1||Civilian aircraft, parts||$2.43 M|
|2||Medical equipment for physicals||$725,106|
|3||Cell phones, related equipment||$274,025|
|4||Sutures, dental cements, etc.||$83,602|
|5||Mattresses and other bedding products||$81,243|
|6||Flour, meal and powder of the dried leguminous veg||$80,332|
|7||Gasoline, other fuels||$75,422|
|8||Almonds, walnuts, pistachios, hazelnuts, etc.||$38,566|
|9||Defense-related aircraft, parts||$32,925|
|10||Synthetic woven fabric||$28,350|
|1||Petroleum gases, other gaseous hydrocarbons||$8.42 M|
|2||Value added to a returned import||$7.24 M|
|3||Aluminum plates, sheets, strip more than 0.2mm thi||$1.36 M|
|6||Ceramic lab supplies||$135,000|
|7||Travel goods, including handbags, wallets, jewelry||$122,398|
|8||Misc. machinery for food and drink, parts||$95,175|
|10||Compasses and similar navigational instruments||$83,100|
Ford International Airport, Grand Rapids, Mich.’s trade decreases 56.55 percent through October
Ford International Airport, Grand Rapids, Mich.’s trade with the world fell 56.55 percent, from $52.97 million to $23.02 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.
Ford International Airport, Grand Rapids, Mich. ranked No. 274 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. 242. It finished No. 243 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 Ford International Airport, Grand Rapids, Mich.’s top trade parters were No. 1 Canada, No. 2 Germany, No. 3 United Kingdom, No. 4 Ireland and No. 5 Switzerland . Through the same period of the previous year, the top trade partners were held by Canada, China, Germany, Vietnam and Taiwan, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Canada fell 67.77 percent to $10.11 million.
Exports fell 82.18 percent to $1.11 million. Imports fell 64.19 percent to $9 million.
- Trade with No. 2 Germany rose 37.13 percent to $8.82 million.
Exports fell 64.27 percent to $131,564. Imports rose 43.29 percent to $8.69 million.
- Trade with No. 3 United Kingdom rose 264.46 percent to $1.51 million.
Exports rose 552.12 percent to $1.39 million. Imports fell 39.85 percent to $121,055.
- Trade with No. 4 Ireland rose 0.76 percent to $416,627.
Exports rose 653.29 percent to $416,627. There were no imports.
- Trade with No. 5 Switzerland fell 33.15 percent to $347,392.
Exports fell 44.23 percent to $289,821. Imports totaled $57,571.
Ford International Airport, Grand Rapids, Mich.’s top five trading partners through October accounted for 92.1 percent of its trade with the world.
Ford International Airport, Grand Rapids, Mich. had trade surpluses with 18 countries and deficits with 15 through October. That compares with 16 surpluses and 23 deficits for the same period one year earlier. The top three surpluses through October of this year were with United Kingdom, $1.27 million; Ireland, $416,627; and Guyana, $264,530. The top three deficits through October of this year were with Germany, $8.55 million; Canada, $7.88 million; and China, $263,108.
Through October it’s top exports were Civilian aircraft, parts; Medical equipment for physicals; Cell phones, related equipment; Sutures, dental cements, etc.; and Mattresses and other bedding products, in that order. Those accounted for 87.72 percent of its total outbound trade. The Port’s top imports were Petroleum gases, other gaseous hydrocarbons; Value added to a returned import; Aluminum plates, sheets, strip more than 0.2mm thi; Acrylic polymers; and Leather shoes, accounting for 92.78 percent of all inbound shipments.
Looking more closely at Ford International Airport, Grand Rapids, Mich.’s exports:
- Civilian aircraft, parts rose 102.58 percent compared to last year to $2.43 million.
- Medical equipment for physicals totaled $725,106. The previous year, there were no exports in this category.
- Cell phones, related equipment totaled $274,025. The previous year, there were no exports in this category.
- Sutures, dental cements, etc. fell 27.27 percent compared to last year to $83,602.
- Mattresses and other bedding products totaled $81,243. The previous year, there were no exports in this category.
On the import side:
- Petroleum gases, other gaseous hydrocarbons rose 196.71 percent compared to last year to $8.42 million.
- Value added to a returned import rose 1830.87 percent compared to last year to $7.24 million.
- Aluminum plates, sheets, strip more than 0.2mm thi fell 76.9 percent compared to last year to $1.36 million.
- Acrylic polymers rose 190.89 percent compared to last year to $290,236.
- Leather shoes fell 94.38 percent compared to last year to $236,536.
Last year Ford International Airport, Grand Rapids, Mich. posted total trade with the world of $53.69 million. The Port’s deficit was $41.05 million . At the end of the year, the port’s top five trade partners were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $6.32 million and imports came to $47.37 million.