|1||Civilian aircraft, parts||$15.45 M|
|2||Interchange tools for hand- or machine-tools||$13.35 M|
|3||Medical equipment for physicals||$1.33 M|
|4||Power supplies, transformers||$965,355|
|5||Paper, Paperboard, Cellul Wad to Size & Arts 4823||$495,661|
|6||Mineral Wools, Expanded Mineral Material & Mi 6806||$417,442|
|9||Insulated wire, cable||$125,894|
|10||Aluminum Containers For Compressed or Liquefi 7613||$96,325|
|1||Value added to a returned import||$119.32 M|
|2||Motor vehicle parts||$53.59 M|
|4||Rubbers tubes, pipes, etc.||$1.51 M|
|5||Portable Elec Lamps Function By Own Energy So 8513||$450,908|
|6||Primary cells, batteries, parts||$396,584|
|7||Paper cartons, office box files, etc.||$133,280|
|8||Caviar, caviar substitutes, other prepared fish||$100,862|
|9||Medicines in individual dosages||$97,303|
|10||Cheese and curd||$96,996|
Greater Rockford Airport, Ill.’s trade increases 219.43 percent through October
Greater Rockford Airport, Ill.’s trade with the world rose 219.43 percent, from $66.6 million to $212.76 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.
Greater Rockford Airport, Ill. ranked No. 191 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. 235. It finished No. 236 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 Greater Rockford Airport, Ill.’s top trade parters were No. 1 Turkey, No. 2 China, No. 3 Slovenia, No. 4 Nepal and No. 5 Japan . Through the same period of the previous year, the top trade partners were held by China, United Kingdom, Japan, Mexico and Kenya, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Turkey rose 65662 percent to $117.1 million.
Exports rose 91.6 percent to $341,173. Imports totaled $116.76 million.
- Trade with No. 2 China rose 163.21 percent to $60.62 million.
Exports fell 25.25 percent to $3 million. Imports rose 202.93 percent to $57.62 million.
- Trade with No. 3 Slovenia rose 56345 percent to $8.01 million.
Exports rose 56345 percent to $8.01 million. There were no imports.
- Trade with No. 4 Nepal totaled $7.28 million.
Exports totaled $7.28 million. There were no imports.
- Trade with No. 5 Japan fell 59.43 percent to $5.19 million.
Exports rose 27.83 percent to $5.13 million. Imports fell 99.29 percent to $62,024.
Greater Rockford Airport, Ill.’s top five trading partners through October accounted for 93.16 percent of its trade with the world.
Greater Rockford Airport, Ill. had trade surpluses with 40 countries and deficits with nine through October. That compares with 38 surpluses and 12 deficits for the same period one year earlier. The top three surpluses through October of this year were with Slovenia, $8.01 million; Nepal, $7.28 million; and Japan, $5.07 million. The top three deficits through October of this year were with Turkey, $116.42 million; China, $54.63 million; and Switzerland, $2.46 million.
Through October it’s top exports were Civilian aircraft, parts; Interchange tools for hand- or machine-tools; Medical equipment for physicals; Power supplies, transformers; and Paper, Paperboard, Cellul Wad to Size & Arts 4823, in that order. Those accounted for 92.97 percent of its total outbound trade. The Port’s top imports were Value added to a returned import; Motor vehicle parts; Computers; Rubbers tubes, pipes, etc.; and Portable Elec Lamps Function By Own Energy So 8513, accounting for 99.02 percent of all inbound shipments.
Looking more closely at Greater Rockford Airport, Ill.’s exports:
- Civilian aircraft, parts fell 1.11 percent compared to last year to $15.45 million.
- Interchange tools for hand- or machine-tools rose 5.69 percent compared to last year to $13.35 million.
- Medical equipment for physicals rose 254.61 percent compared to last year to $1.33 million.
- Power supplies, transformers rose 4904.43 percent compared to last year to $965,355.
- Paper, Paperboard, Cellul Wad to Size & Arts 4823 totaled $495,661. The previous year, there were no exports in this category.
On the import side:
- Value added to a returned import rose 66546 percent compared to last year to $119.32 million.
- Motor vehicle parts rose 284.98 percent compared to last year to $53.59 million.
- Computers rose 143.61 percent compared to last year to $2.15 million.
- Rubbers tubes, pipes, etc. rose 520.25 percent compared to last year to $1.51 million.
- Portable Elec Lamps Function By Own Energy So 8513 rose 17.1 percent compared to last year to $450,908.
Last year Greater Rockford Airport, Ill. posted total trade with the world of $112.92 million. The Port’s surplus was $78.51 million . At the end of the year, the port’s top five trade partners were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $95.71 million and imports came to $17.21 million.