Low Value Shipments’s trade decreases 100 percent through February
Low Value Shipments’s trade with the world fell 100 percent, from $843.82 million to $0 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.
Low Value Shipments ranked No. 386 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 Low Value Shipments’s top trade parters only trade partners was . Through the same period of the previous year, the top trade partners only spots was held by , respectively.
Taking a closer look at its leading trade partners:
Low Value Shipments’s top five trading partners through February accounted for 0 percent of its trade with the world.
Low Value Shipments had trade surpluses with zero countries and deficits with zero through February. That compares with zero surpluses and zero deficits for the same period one year earlier. The top surplus through February of this year was Canada, $0. The top deficit through February of this year was Canada, $0.
Through February it’s top exports only exports by value February was , in that order. Those accounted for 0 percent of its total outbound trade. The Port’s top imports only imports February was , accounting for 0 percent of all inbound shipments.
Looking more closely at Low Value Shipments’s exports:
- Low value shipments fell 100 percent compared to last year to $0.
On the import side:
- Low value shipments totaled $0. The previous year, there were no imports in this category.
Last year Low Value Shipments posted total trade with the world of $4.55 billion. The Port’s surplus was $4.55 billion . At the end of the year, the port’s top five trade partners were Canada, The Netherlands, Iceland, Germany and Norway. Exports totaled $4.55 billion and imports came to $0.