|1||Civilian aircraft, parts||$1.91 M|
|2||Misc. medical chemical re-agents||$1.5 M|
|3||Seats, excluding barber, dental||$1.23 M|
|4||Medical technology||$1.11 M|
|5||Miscellaneous machine parts||$576,264|
|6||Electromagnets, permanent magnets and parts||$380,500|
|7||Medical instruments for surgeons, dentists, vets||$309,149|
|9||Value added to a returned import||$182,709|
|1||Motor vehicle parts||$2.04 M|
|2||Ball bearings, roller bearings, parts||$1.13 M|
|3||Power supplies, transformers||$745,541|
|4||Value added to a returned import||$390,927|
|5||Transmission shafts, bearings, gears||$180,955|
|6||Preparations for use on hair||$140,302|
|7||Hardware for fixtures||$109,683|
|8||Equipment, models for demonstrational uses||$107,976|
|9||Paper-making machines, including cutters||$106,600|
|10||Laser-based medical equipment, parts||$90,558|
Knoxville River Port, Tenn.’s trade decreases 61.5 percent through August
Knoxville River Port, Tenn.’s trade with the world fell 61.5 percent, from $35.02 million to $13.48 million through the first eight 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 $2.77 trillion, with exports at $1.1 trillion and imports at $1.67 trillion. The nation’s total trade decreased 0.32 percent compared to the same period last year. Exports fell 0.71 percent and imports fell 0.07 percent.
Knoxville River Port, Tenn. ranked No. 279 for total trade among the nation’s roughly 450 airports, seaports and border crossings through August 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; Chicago O’Hare International Airport; Port of Newark and John F. Kennedy International Airport.
Through August Knoxville River Port, Tenn.’s top trade partners were No. 1 Germany, No. 2 Mexico, No. 3 Canada, No. 4 The Netherlands 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 China, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Germany fell 26.65 percent to $2.45 million.
Exports fell 49.18 percent to $1.61 million. Imports rose 388.97 percent to $839,478.
- Trade with No. 2 Mexico fell 90.33 percent to $2.43 million.
Exports fell 14.05 percent to $16,579. Imports fell 90.39 percent to $2.41 million.
- Trade with No. 3 Canada fell 43.31 percent to $1.75 million.
Exports fell 38.71 percent to $983,652. Imports fell 48.29 percent to $763,914.
- Trade with No. 4 The Netherlands totaled $1.01 million.
Exports totaled $1.01 million. There were no imports.
- Trade with No. 5 United Kingdom rose 204.43 percent to $811,674.
Exports rose 254.1 percent to $779,111. Imports fell 30.11 percent to $32,563.
Knoxville River Port, Tenn.’s top five trading partners through August accounted for 62.69 percent of its trade with the world.
Knoxville River Port, Tenn. had trade surpluses with 37 countries and deficits with 12 through August. That compares with 38 surpluses and 10 deficits for the same period one year earlier. The top three surpluses through August of this year were with The Netherlands, $1.01 million; Germany, $770,019; and United Kingdom, $746,548. The top three deficits through August of this year were with Mexico, $2.4 million; Thailand, $268,892; and Austria, $267,354.
Through August its top exports were Civilian aircraft, parts; Misc. medical chemical re-agents; Seats, excluding barber, dental; Medical technology; and Miscellaneous machine parts, in that order. Those accounted for 79.3 percent of its total outbound trade. The Port’s top imports were Motor vehicle parts; Ball bearings, roller bearings, parts; Power supplies, transformers; Value added to a returned import; and Transmission shafts, bearings, gears, accounting for 81.59 percent of all inbound shipments.
Looking more closely at Knoxville River Port, Tenn.’s exports:
- Civilian aircraft, parts fell 35.34 percent compared to last year to $1.91 million.
- Misc. medical chemical re-agents rose 2.66 percent compared to last year to $1.5 million.
- Seats, excluding barber, dental rose 522.91 percent compared to last year to $1.23 million.
- Medical technology rose 109.22 percent compared to last year to $1.11 million.
- Miscellaneous machine parts rose 6.46 percent compared to last year to $576,264.
On the import side:
- Motor vehicle parts fell 90.85 percent compared to last year to $2.04 million.
- Ball bearings, roller bearings, parts fell 47.35 percent compared to last year to $1.13 million.
- Power supplies, transformers rose 159.14 percent compared to last year to $745,541.
- Value added to a returned import fell 20.92 percent compared to last year to $390,927.
- Transmission shafts, bearings, gears fell 78.41 percent compared to last year to $180,955.
Last year Knoxville River Port, Tenn. posted total trade with the world of $46.9 million. The Port’s deficit was $25.6 million. At the end of the year, the port’s top five trade partners were Mexico, Germany, France, Canada and China. Exports totaled $10.65 million and imports came to $36.25 million.