|1||Cell phones, related equipment||$693,298|
|2||Misc. plastic articles||$545,512|
|3||Aluminum plates, sheets, strip more than 0.2mm thi||$501,689|
|4||Molding boxes for metal foundries||$477,160|
|5||Motor vehicle parts||$358,524|
|6||Medical equipment for physicals||$286,668|
|7||Antennas for radio, TV, parts||$212,134|
|8||Misc. medical chemical re-agents||$208,328|
|9||Equipment, parts for exercising||$140,328|
|10||Misc. iron and steel articles||$112,455|
|1||Seats, excluding barber, dental||$389,769|
|2||Motor vehicle parts||$148,776|
|4||Miscellaneous machines, parts||$67,165|
|6||Misc. iron or steel household articles and parts||$12,262|
|7||Machine tool parts||$9,427|
|8||Misc. plastic articles||$9,100|
|9||Parts for heavy machinery||$8,079|
|10||Electric motors, generators, not sets||$7,984|
Midway International Airport’s trade decreases 77.94 percent through May
Midway International Airport’s trade with the world fell 77.94 percent, from $23.61 million to $5.21 million through the first five 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 $1.48 trillion, with exports at $582.11 billion and imports at $898.44 billion. The nation’s total trade decreased 13.61 percent compared to the same period last year. Exports fell 15.09 percent and imports fell 12.63 percent.
Midway International Airport ranked No. 266 for total trade among the nation’s roughly 450 airports, seaports and border crossings through May of 2020.
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 May Midway International Airport’s top trade partners were No. 1 Iraq, No. 2 China, No. 3 Russia, No. 4 Kazakhstan and No. 5 Malaysia. Through the same period of the previous year, the top trade partners were held by Thailand, Germany, China, Kazakhstan and South Africa, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Iraq totaled $692,943.
Exports totaled $692,943. There were no imports.
- Trade with No. 2 China fell 63.79 percent to $605,258.
Exports rose 87.93 percent to $348,221. Imports fell 82.71 percent to $257,037.
- Trade with No. 3 Russia rose 218.59 percent to $517,261.
Exports totaled $517,261. There were no imports.
- Trade with No. 4 Kazakhstan fell 45.41 percent to $482,733.
Exports totaled $482,733. There were no imports.
- Trade with No. 5 Malaysia rose 136.04 percent to $422,005.
Exports fell 91.89 percent to $4,723. Imports rose 246.13 percent to $417,282.
Midway International Airport’s top five trading partners through May accounted for 52.23 percent of its trade with the world.
Midway International Airport had trade surpluses with 35 countries and deficits with four through May. That compares with five surpluses and 35 deficits for the same period one year earlier. The top three surpluses through May of this year were with Iraq, $692,943; Russia, $517,261; and Kazakhstan, $482,733. The top three deficits through May of this year were with Malaysia, $412,559; Germany, $44,068; and Spain, $6,427.
Through May its top exports were Cell phones, related equipment; Misc. plastic articles; Aluminum plates, sheets, strip more than 0.2mm thi; Molding boxes for metal foundries; and Motor vehicle parts, in that order. Those accounted for 58.49 percent of its total outbound trade. The Port’s top imports were Seats, excluding barber, dental; Motor vehicle parts; Furniture, parts; Miscellaneous machines, parts; and Engine parts, accounting for 91.22 percent of all inbound shipments.
Looking more closely at Midway International Airport’s exports:
- Cell phones, related equipment rose 1412.63 percent compared to last year to $693,298.
- Misc. plastic articles totaled $545,512. The previous year, there were no exports in this category.
- Aluminum plates, sheets, strip more than 0.2mm thi fell 51.96 percent compared to last year to $501,689.
- Molding boxes for metal foundries totaled $477,160. The previous year, there were no exports in this category.
- Motor vehicle parts rose 745.93 percent compared to last year to $358,524.
On the import side:
- Seats, excluding barber, dental totaled $389,769. The previous year, there were no imports in this category.
- Motor vehicle parts rose 4594.73 percent compared to last year to $148,776.
- Furniture, parts totaled $82,442. The previous year, there were no imports in this category.
- Miscellaneous machines, parts totaled $67,165. The previous year, there were no imports in this category.
- Engine parts totaled $45,051. The previous year, there were no imports in this category.
Last year Midway International Airport posted total trade with the world of $32.02 million. The Port’s surplus was $23.6 million. Exports totaled $27.81 million and imports came to $4.21 million.