|1||Misc. medical chemical re-agents||$1.4 M|
|3||Seats, excluding barber, dental||$205,519|
|4||Miscellaneous machine parts||$103,152|
|5||Value added to a returned import||$87,583|
|6||Medical instruments for surgeons, dentists, vets||$59,900|
|8||Power supplies, transformers||$39,720|
|9||Electromagnets, permanent magnets and parts||$38,000|
|10||Machine tool parts||$25,000|
|1||Motor vehicle parts||$752,636|
|2||Power supplies, transformers||$413,865|
|3||Ball bearings, roller bearings, parts||$91,050|
|4||Transmission shafts, bearings, gears||$67,475|
|5||Hardware for fixtures||$31,338|
|6||Misc. articles of unhardened vulcanized rubber||$12,195|
|7||Air conditioning machines||$11,685|
|8||Parts for heavy machinery||$10,430|
|10||Miscellaneous aluminum articles||$5,808|
Knoxville River Port, Tenn.’s trade decreases 60.15 percent through February
Knoxville River Port, Tenn.’s trade with the world fell 60.15 percent, from $9.44 million to $3.76 million through the first two months of 2019 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 $650.55 billion, with exports at $260.05 billion and imports at $390.5 billion. The nation’s total trade increased 1.11 percent compared to the same period last year. Exports rose 2.61 percent and imports rose 0.14 percent.
Knoxville River Port, Tenn. ranked No. 254 for total trade among the nation’s roughly 450 airports, seaports and border crossings through February of 2019.
The nation’s top five “ports” — airports, seaports and border crossings — so far this year, by value, are Port of Los Angeles; Port Laredo; Port of Newark; John F. Kennedy International Airport and Chicago O’Hare International Airport.
Through February Knoxville River Port, Tenn.’s top trade parters were No. 1 Germany, No. 2 Mexico, No. 3 Thailand, No. 4 Italy and No. 5 United Kingdom . Through the same period of the previous year, the top trade partners were held by Mexico, Germany, Canada, Italy and Australia, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Germany fell 44.99 percent to $1.29 million.
Exports fell 47.29 percent to $1.23 million. Imports rose 1306.03 percent to $56,171.
- Trade with No. 2 Mexico fell 84.49 percent to $855,443.
There were no exports. Imports fell 84.49 percent to $855,443.
- Trade with No. 3 Thailand rose 11771 percent to $357,081.
Exports rose 2.19 percent to $3,074. Imports totaled $354,007.
- Trade with No. 4 Italy rose 31.16 percent to $221,939.
Exports rose 27.28 percent to $215,363. Imports totaled $6,576.
- Trade with No. 5 United Kingdom rose 261.78 percent to $172,094.
Exports rose 261.78 percent to $172,094. There were no imports.
Knoxville River Port, Tenn.’s top five trading partners through February accounted for 77.05 percent of its trade with the world.
Knoxville River Port, Tenn. had trade surpluses with 24 countries and deficits with eight through February. That compares with 22 surpluses and five deficits for the same period one year earlier. The top three surpluses through February of this year were with Germany, $1.18 million; Italy, $208,787; and United Kingdom, $172,094. The top three deficits through February of this year were with Mexico, $855,443; Thailand, $350,933; and Canada, $41,647.
Through February it’s top exports were Misc. medical chemical re-agents; Medical technology; Seats, excluding barber, dental; Miscellaneous machine parts; and Value added to a returned import, in that order. Those accounted for 87.19 percent of its total outbound trade. The Port’s top imports were Motor vehicle parts; Power supplies, transformers; Ball bearings, roller bearings, parts; Transmission shafts, bearings, gears; and Hardware for fixtures, accounting for 95.27 percent of all inbound shipments.
Looking more closely at Knoxville River Port, Tenn.’s exports:
- Misc. medical chemical re-agents rose 449.11 percent compared to last year to $1.4 million.
- Medical technology rose 83.17 percent compared to last year to $245,831.
- Seats, excluding barber, dental rose 114.89 percent compared to last year to $205,519.
- Miscellaneous machine parts rose 23.05 percent compared to last year to $103,152.
- Value added to a returned import rose 367.03 percent compared to last year to $87,583.
On the import side:
- Motor vehicle parts fell 85.1 percent compared to last year to $752,636.
- Power supplies, transformers totaled $413,865. The previous year, there were no imports in this category.
- Ball bearings, roller bearings, parts fell 70.72 percent compared to last year to $91,050.
- Transmission shafts, bearings, gears fell 51.14 percent compared to last year to $67,475.
- Hardware for fixtures rose 10.66 percent compared to last year to $31,338.
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, The Netherlands, Iceland, Germany and Norway. Exports totaled $9.33 million and imports came to $58.05 million.