|1||Civilian aircraft, parts||$2.96 M|
|2||Misc. medical chemical re-agents||$2.01 M|
|3||Miscellaneous machine parts||$690,601|
|5||Electromagnets, permanent magnets and parts||$365,506|
|6||Machinery for heating and sterilizing||$360,162|
|7||Seats, excluding barber, dental||$243,761|
|8||Medical instruments for surgeons, dentists, vets||$132,186|
|9||Taps, cocks and valves for pipes, tanks||$96,824|
|10||Medical equipment for physicals||$93,168|
|1||Motor vehicle parts||$25.15 M|
|2||Value added to a returned import||$3.82 M|
|3||Ball bearings, roller bearings, parts||$2.38 M|
|4||Transmission shafts, bearings, gears||$838,109|
|5||Power supplies, transformers||$763,662|
|6||Metal-working machine tools||$292,420|
|7||Wooden pallets, etc.||$246,388|
|8||Molding boxes for metal foundries||$240,000|
|9||Laser-based medical equipment, parts||$217,472|
|10||Machine tool parts||$134,680|
Knoxville River Port, Tenn.’s trade increases 22.37 percent through October
Knoxville River Port, Tenn.’s trade with the world rose 22.37 percent, from $35.23 million to $43.11 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.
Knoxville River Port, Tenn. ranked No. 252 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. 256. It finished No. 255 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 Knoxville River Port, Tenn.’s top trade parters were No. 1 Mexico, No. 2 Germany, No. 3 France, No. 4 Canada and No. 5 China . Through the same period of the previous year, the top trade partners were held by Mexico, Canada, France, Germany and Switzerland, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Mexico rose 31.6 percent to $28.15 million.
Exports fell 64.67 percent to $25,022. Imports rose 31.92 percent to $28.13 million.
- Trade with No. 2 Germany rose 70.57 percent to $3.73 million.
Exports rose 87.8 percent to $3.55 million. Imports fell 37.7 percent to $187,194.
- Trade with No. 3 France rose 45.41 percent to $3.53 million.
Exports fell 92.33 percent to $182,847. Imports rose 8063.64 percent to $3.34 million.
- Trade with No. 4 Canada rose 0.39 percent to $3.13 million.
Exports fell 36.83 percent to $1.61 million. Imports rose 163.91 percent to $1.53 million.
- Trade with No. 5 China rose 175.55 percent to $1.05 million.
Exports fell 29.23 percent to $177,773. Imports rose 573.97 percent to $870,124.
Knoxville River Port, Tenn.’s top five trading partners through October accounted for 91.83 percent of its trade with the world.
Knoxville River Port, Tenn. had trade surpluses with 41 countries and deficits with 12 through October. That compares with 40 surpluses and 11 deficits for the same period one year earlier. The top three surpluses through October of this year were with Germany, $3.36 million; Italy, $796,590; and Australia, $340,514. The top three deficits through October of this year were with Mexico, $28.1 million; France, $3.16 million; and China, $692,351.
Through October it’s top exports were Civilian aircraft, parts; Misc. medical chemical re-agents; Miscellaneous machine parts; Medical technology; and Electromagnets, permanent magnets and parts, in that order. Those accounted for 78.6 percent of its total outbound trade. The Port’s top imports were Motor vehicle parts; Value added to a returned import; Ball bearings, roller bearings, parts; Transmission shafts, bearings, gears; and Power supplies, transformers, accounting for 95.13 percent of all inbound shipments.
Looking more closely at Knoxville River Port, Tenn.’s exports:
- Civilian aircraft, parts fell 34.41 percent compared to last year to $2.96 million.
- Misc. medical chemical re-agents rose 38.57 percent compared to last year to $2.01 million.
- Miscellaneous machine parts fell 7.3 percent compared to last year to $690,601.
- Medical technology fell 23.16 percent compared to last year to $639,108.
- Electromagnets, permanent magnets and parts rose 122.18 percent compared to last year to $365,506.
On the import side:
- Motor vehicle parts rose 30.5 percent compared to last year to $25.15 million.
- Value added to a returned import rose 5696.41 percent compared to last year to $3.82 million.
- Ball bearings, roller bearings, parts rose 12.24 percent compared to last year to $2.38 million.
- Transmission shafts, bearings, gears rose 2.97 percent compared to last year to $838,109.
- Power supplies, transformers rose 34643 percent compared to last year to $763,662.
Last year Knoxville River Port, Tenn. posted total trade with the world of $67.39 million. The Port’s deficit was $48.72 million . At the end of the year, the port’s top five trade partners were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $9.33 million and imports came to $58.05 million.