Low-Valued Imports and Exports
Low-Valued Imports and Exports’s trade totaled $4.01 billion for the month of July, $27.25 billion through July of 2020, and $55.73 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
Click on any of the countries in the chart below to gain access to the specific exports and imports between that country and (port), how it compares to other ports for trade with that country, how that trade has changed over time, and much more. Data available both by value and tonnage. Download data. If you are not a subscriber, you can learn more by clicking on the subscribe link.
Top Trading Countries
| Rank | Port | YTD |
|---|---|---|
| 1 | Canada | $13.38 B |
| 2 | Mexico | $3.2 B |
| 3 | United Kingdom | $909.4 M |
| 4 | Germany | $722.37 M |
| 5 | Australia | $537.25 M |
| 6 | France | $398.31 M |
| 7 | Japan | $397.33 M |
| 8 | Singapore | $375.88 M |
| 9 | China | $363.59 M |
| 10 | The Netherlands | $336.6 M |
Overall Rank
Top Exports
| Rank | Commodity | YTD |
|---|---|---|
| 1 | Low value shipments | $16.04 B |
| 2 | Motor vehicle parts | $1.02 B |
| 3 | Furniture, parts | $348.86 M |
| 4 | Computers | $301.16 M |
| 5 | Catalytic converters, air filters, oil filters, et | $248.98 M |
| 6 | Electrical supplies, apparatus, less than 1000V | $208.75 M |
| 7 | Taps, cocks and valves for pipes, tanks | $195.78 M |
| 8 | Screws, nuts, bolts, washers | $195 M |
| 9 | Cell phones, related equipment | $192.89 M |
| 10 | Seats, excluding barber, dental | $184.6 M |
Top Imports
Low-Valued Imports and Exports’s trade decreases 15.99 percent through July
Low-Valued Imports and Exports’s trade with the world fell 15.99 percent, from $32.44 billion to $27.25 billion through the first seven 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 $2.08 trillion, with exports at $799.82 billion and imports at $1.28 trillion. The nation’s total trade decreased 13.79 percent compared to the same period last year. Exports fell 16.38 percent and imports fell 12.08 percent.
Low-Valued Imports and Exports ranked No. 23 for total trade among the nation’s roughly 450 airports, seaports and border crossings through July of 2020. During the same period of 2019 it ranked No. 23. It finished No. 24 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; Chicago O’Hare International Airport; John F. Kennedy International Airport; Port Laredo and Port of Newark.
Through July Low-Valued Imports and Exports’s top trade partners were No. 1 Canada, No. 2 Mexico, No. 3 United Kingdom, No. 4 Germany and No. 5 Australia. Through the same period of the previous year, the top trade partners were held by Canada, Mexico, United Kingdom, Germany and Australia, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Canada fell 28.33 percent to $11.25 billion.
Exports fell 28.33 percent to $11.25 billion. There were no imports. - Trade with No. 2 Mexico fell 35.2 percent to $2.73 billion.
Exports fell 35.2 percent to $2.73 billion. There were no imports. - Trade with No. 3 United Kingdom fell 23.82 percent to $799.64 million.
Exports fell 23.82 percent to $799.64 million. There were no imports. - Trade with No. 4 Germany fell 19.57 percent to $616.53 million.
Exports fell 19.57 percent to $616.53 million. There were no imports. - Trade with No. 5 Australia fell 22 percent to $450.95 million.
Exports fell 22 percent to $450.95 million. There were no imports.
Low-Valued Imports and Exports’s top five trading partners through July accounted for 68.2 percent of its trade with the world.
Low-Valued Imports and Exports had trade surpluses with 223 countries and deficits with zero through July. That compares with 223 surpluses and zero deficits for the same period one year earlier. The top three surpluses through July of this year were with Canada, $11.25 billion; Mexico, $2.73 billion; and United Kingdom, $799.64 million. The top three deficits through July of this year were with PITCAIRN ISLANDS, $0; Armenia, $826; and St Pierre and Miquelon, $1,256.
Through July its top exports were Low value shipments; Motor vehicle parts; Furniture, parts; Computers; and Catalytic converters, air filters, oil filters, etc., in that order. Those accounted for 65.91 percent of its total outbound trade. The Port’s top imports were Low value shipments; Motor vehicle parts; Furniture, parts; Computers; and Catalytic converters, air filters, oil filters, etc., accounting for 0 percent of all inbound shipments.
Looking more closely at Low-Valued Imports and Exports’s exports:
- Low value shipments fell 17.59 percent compared to last year to $16.04 billion.
- Motor vehicle parts fell 27.16 percent compared to last year to $1.02 billion.
- Furniture, parts fell 7.6 percent compared to last year to $348.86 million.
- Computers rose 24.22 percent compared to last year to $301.16 million.
- Catalytic converters, air filters, oil filters, etc. fell 4.8 percent compared to last year to $248.98 million.
On the import side:
- Low value shipments totaled $0. The previous year, there were no imports in this category.
- Motor vehicle parts totaled $0. The previous year, there were no imports in this category.
- Furniture, parts totaled $0. The previous year, there were no imports in this category.
- Computers totaled $0. The previous year, there were no imports in this category.
- Catalytic converters, air filters, oil filters, etc. totaled $0. The previous year, there were no imports in this category.
Last year Low-Valued Imports and Exports posted total trade with the world of $55.73 billion. The Port’s surplus was $55.73 billion. Exports totaled $55.73 billion and imports came to $0.