Highgate Springs Alburg, Vt.

Highgate Springs Alburg, Vt.’s trade totaled $342.85 million for the month of June, $2.08 billion through June of 2020, and $5.78 billion for all of 2019, the latest annual data available, according to U.S. Census Bureau data analyzed by WorldCity. Need more details? Read more

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Top Trading Countries

RankPortYTD
1Canada$1.83 B
2China$44.82 M
3Germany$31.06 M
4India$16.56 M
5The Netherlands$12.48 M
6Vietnam$11.43 M
7United Kingdom$10.22 M
8Italy$9.66 M
9Taiwan$8.15 M
10Ireland$8.12 M

Overall Rank

Highgate Springs Alburg, Vt.’s trade decreases 33.27 percent through June

Highgate Springs Alburg, Vt.’s trade with the world fell 33.27 percent, from $3.12 billion to $2.08 billion through the first six 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 $1.77 trillion, with exports at $687.16 billion and imports at $1.08 trillion. The nation’s total trade decreased 14.28 percent compared to the same period last year. Exports fell 16.57 percent and imports fell 12.75 percent.

Highgate Springs Alburg, Vt. ranked No. 87 for total trade among the nation’s roughly 450 airports, seaports and border crossings through June 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 June Highgate Springs Alburg, Vt.’s top trade partners were No. 1 Canada, No. 2 China, No. 3 Germany, No. 4 India and No. 5 The Netherlands. Through the same period of the previous year, the top trade partners were held by Canada, China, Germany, India and United Kingdom, respectively.

Taking a closer look at its leading trade partners:

  • Trade with No. 1 Canada fell 34.41 percent to $1.83 billion.
    Exports fell 21.54 percent to $649.65 million. Imports fell 39.83 percent to $1.18 billion.
  • Trade with No. 2 China fell 25.88 percent to $44.82 million.
    Exports fell 33.11 percent to $3.52 million. Imports fell 25.2 percent to $41.3 million.
  • Trade with No. 3 Germany fell 24.73 percent to $31.06 million.
    Exports rose 57.53 percent to $14.79 million. Imports fell 48.95 percent to $16.28 million.
  • Trade with No. 4 India fell 35.43 percent to $16.56 million.
    Exports rose 515.47 percent to $818,981. Imports fell 38.31 percent to $15.74 million.
  • Trade with No. 5 The Netherlands fell 23.19 percent to $12.48 million.
    Exports fell 26.82 percent to $9.99 million. Imports fell 4.17 percent to $2.49 million.

Highgate Springs Alburg, Vt.’s top five trading partners through June accounted for 93.13 percent of its trade with the world.

Highgate Springs Alburg, Vt. had trade surpluses with 10 countries and deficits with 66 through June. That compares with 15 surpluses and 71 deficits for the same period one year earlier. The top three surpluses through June of this year were with The Netherlands, $7.5 million; Ireland, $3.72 million; and Luxembourg, $3.58 million. The top three deficits through June of this year were with Canada, $534.46 million; China, $37.78 million; and India, $14.92 million.

Through June its top exports were Computer chips; Civilian aircraft, parts; Paper and paperboard, coated with kaolin; Chocolate and other food products containing cocoa; and Equipment, parts for exercising, in that order. Those accounted for 60.66 percent of its total outbound trade. The Port’s top imports were Refined copper, alloys, unwrought; Computer chips; Chocolate and other food products containing cocoa; Gasoline, other fuels; and Returned exports, without change, accounting for 39.8 percent of all inbound shipments.

Looking more closely at Highgate Springs Alburg, Vt.’s exports:

  • Computer chips fell 26.89 percent compared to last year to $266.29 million.
  • Civilian aircraft, parts fell 5.74 percent compared to last year to $87.48 million.
  • Paper and paperboard, coated with kaolin rose 7.39 percent compared to last year to $35.66 million.
  • Chocolate and other food products containing cocoa rose 29.3 percent compared to last year to $20.08 million.
  • Equipment, parts for exercising fell 30.06 percent compared to last year to $19.98 million.

On the import side:

  • Refined copper, alloys, unwrought rose 28.75 percent compared to last year to $157.58 million.
  • Computer chips fell 82.1 percent compared to last year to $146.17 million.
  • Chocolate and other food products containing cocoa rose 4.05 percent compared to last year to $115.46 million.
  • Gasoline, other fuels fell 34.61 percent compared to last year to $76.6 million.
  • Returned exports, without change rose 8.04 percent compared to last year to $50.88 million.

Last year Highgate Springs Alburg, Vt. posted total trade with the world of $5.78 billion. The Port’s deficit was $2.19 billion. Exports totaled $1.79 billion and imports came to $3.99 billion.