Port Miami

Dashboard

Total Trade Compared to the same month a year ago

-10.07%

Compared to last month

-8.35%

Total Exports Compared to the same month a year ago

-3.99%

Compared to last month

-4.51%

Total Imports Compared to the same month a year ago

-13.29%

Compared to last month

-10.47%

Current RankAmong U.S. airports, seaports, border crossings

41

Rank 2023

39

Port Miami’s trade down 10.07 percent in January from last January

Trade at Port Miami for the month of January decreased 10.07 percent from the same month one year ago and was down 8.35 percent compared to the previous month, according to ustradenumbers.com analysis of the most recent U.S. government data.

Breaking it down, exports decreased 3.99 percent compared to the same month in the previous year and were down 4.51 percent from the previous month. Imports decreased -13.29 percent compared to the same month in the previous year and declined 10.47 percent when compared to the previous month.

Port Miami Trade Same Month, Year over Year

Trade Snapshot

Year-to-date, Port Miami’s trade down -10.07 percent

On a year-to-date basis, trade at Port Miami was valued at $2.3 billion, a decrease of -10.07 percent through January.

Exports totaled $850.17 million, down 3.99 percent while imports were valued at $1.45 billion, down 13.29 percent.

The deficit at Port Miami was $597.93 million.

As the chart at top in the middle shows, through January, 36.99 percent of that trade at Port Miami was an export and 63.01 percent was an import. The national average is 38.75 percent for exports and 61.25 percent for imports for the same 1 month of the year. Port Miami ranked No. 41 by value and No. 37 by tonnage among all of the nation’s 450-plus airports, seaports and border crossings. Ranking it just against other seaports, it ranked No. 16 by value and No. 37 by tonnage.

Port Miami Month-by-Month View

Here you can see the totals for exports and imports for each of the last 12 months. You can scroll over any month’s exports or imports to see the total. You can also expand or shrink the timeline to see more or fewer months.

Trade Partners
Market Share

Port Miami World Map

EXPORT to Excel:
By value: YTD | Month | Annual   By tonnage: YTD | Month | Annual

Port Miami’s trade with top trade partner China has decreased -23.90 percent YTD

Port Miami’s top five trade partners accounted for 44.34 percent of its total trade through January. By way of comparison, the United States' top five trade partners accounted for 50.5 percent.

Top Trading Countries

RankCountryYTD
1China$278.63 M
2Dominican Republic$251.23 M
3Honduras$197.08 M
4Italy$146.63 M
5Colombia$145.46 M
6Peru$134.48 M
7Guatemala$116.41 M
8France$73.41 M
9Ecuador$66.86 M
10El Salvador$66.39 M

Taking a closer look at its leading trade partners:

  • Trade with No. 1 China fell 23.9 percent to $278.63 million.
    Exports rose 30.14 percent to $14.13 million. Imports fell 25.55 percent to $264.5 million.
  • Trade with No. 2 Dominican Republic fell 22.55 percent to $251.23 million.
    Exports fell 20.87 percent to $134.11 million. Imports fell 24.38 percent to $117.12 million.
  • Trade with No. 3 Honduras rose 6.24 percent to $197.08 million.
    Exports rose 18.02 percent to $94.98 million. Imports fell 2.78 percent to $102.1 million.
  • Trade with No. 4 Italy rose 2.49 percent to $146.63 million.
    Exports fell 4.34 percent to $5.05 million. Imports rose 2.75 percent to $141.58 million.
  • Trade with No. 5 Colombia rose 27.5 percent to $145.46 million.
    Exports rose 23.33 percent to $96.5 million. Imports rose 36.61 percent to $48.97 million.
  • Port Miami had trade surpluses with 66 countries and deficits with 79 through January. That compares with 67 surpluses and 86 deficits for the same period one year earlier. The top three surpluses through January of this year were with Colombia, $47.53 million; Jamaica, $37.31 million; and Panama, $26.87 million.The top three deficits through January of this year were with China, $250.36 million; Italy, $136.53 million; and Spain, $54.9 million.

    At this time a year ago, the top five trade partners were Dominican Republic, China, Honduras, Italy and Peru.

    By tonnage, the top five trade partners year-to-date are China, Italy, Dominican Republic, Honduras and Colombia.

    At this time a year ago, the top five by tonnage were China, Dominican Republic, Italy, Honduras and Peru.

    Exports
    Market Share

    EXPORT to Excel:
    By value: YTD | Month | Annual   By tonnage: YTD | Month | Annual

    The most valuable Port Miami export, Computers, has increased 102.67 percent YTD

    Port Miami’s top five exports accounted for 20.44 percent of all its exports through January. By way of comparison, the United States’ top five exports accounted for 23.22 percent.

    Here’s a closer look at the top five, by value:

    • Computers rose 102.67 percent compared to last year to $54.48 million.
    • Passenger vehicles fell 33.84 percent compared to last year to $35.72 million.
    • Electrical supplies <1000V rose 193.97 percent compared to last year to $34.49 million.
    • Cotton yarn fell 2.42 percent compared to last year to $27.81 million.
    • Returned exports, with change rose 101.17 percent compared to last year to $21.23 million.

    At this time a year ago, the top five exports were Passenger vehicles; Cotton yarn; Computers; Motor vehicle parts; and Parts for heavy machinery.

    By tonnage the top five exports year-to-date are Scrap iron, steel; Paper, paperboard scrap; Cotton yarn; Aluminum waste and scrap; and Passenger vehicles.

    At this time a year ago, the top five by tonnage were Scrap iron, steel; Paper, paperboard scrap; Cotton yarn; Passenger vehicles; and Gasoline, other fuels.

    Imports
    Market Share

    EXPORT to Excel:
    By value: YTD | Month | Annual   By tonnage: YTD | Month | Annual

    The most valuable Port Miami import, Insulated wire, cable, has increased 0.61 percent YTD

    Port Miami’s top five imports accounted for 16.76 percent of all its imports through January. By way of comparison, the United States’ top five imports accounted for 22.07 percent.

    Here’s a closer look at the top five, by value:

    • Insulated wire, cable rose 0.61 percent compared to last year to $58.45 million.
    • T-shirts, tank tops, knit or crocheted fell 22.72 percent compared to last year to $55.41 million.
    • Cigars, cigarettes fell 15.9 percent compared to last year to $43.85 million.
    • Electrical supplies <1000V fell 16.56 percent compared to last year to $43.4 million.
    • Sweaters, pullovers, vests, knit or crocheted fell 46.56 percent compared to last year to $41.56 million.

    At this time a year ago, the top five imports were T-shirts, tank tops, knit or crocheted; Sweaters, pullovers, vests, knit or crocheted; Cigars, cigarettes; Insulated wire, cable; and Electrical supplies <1000V.

    By tonnage the top five imports year-to-date are Gasoline, other fuels; Melons and papayas; Unglazed ceramic flags, paving, hearth tiles; Granite, marble, other stones; and Plywood, veneered and laminated wood.

    At this time a year ago, the top five by tonnage were Gasoline, other fuels; Unglazed ceramic flags, paving, hearth tiles; Granite, marble, other stones; Various forms of salt; and Furniture, parts.

    Port
    Market Share

    By value, Port Miami was responsible for 0.55 percent of U.S. trade through January, ranking No. 41 among all ports and No. 16 among all seaports.

    Last year Port Miami, posted total trade with the world of $30.84 billion. The Port’s deficit was $9.22 billion. Exports totaled $10.81 billion and imports came to $20.03 billion.