Port Miami
Dashboard
Total Trade Compared to the same month a year ago
Compared to last month
Total Exports Compared to the same month a year ago
Compared to last month
Total Imports Compared to the same month a year ago
Compared to last month
Current RankAmong U.S. airports, seaports, border crossings
Rank 2023
Port Miami’s trade down 9.48 percent in March from last March
Trade at Port Miami for the month of March decreased 9.48 percent from the same month one year ago and was up 0.57 percent compared to the previous month, according to ustradenumbers.com analysis of the most recent U.S. government data.
Breaking it down, exports decreased 10.81 percent compared to the same month in the previous year and were up 5.43 percent from the previous month. Imports decreased -8.66 percent compared to the same month in the previous year and declined 2.17 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 -4.37 percent
On a year-to-date basis, trade at Port Miami was valued at $7.33 billion, a decrease of -4.37 percent through March.
Exports totaled $2.71 billion, down 3.88 percent while imports were valued at $4.62 billion, down 4.65 percent.
The deficit at Port Miami was $1.91 billion.
As the chart at top in the middle shows, through March, 36.95 percent of that trade at Port Miami was an export and 63.05 percent was an import. The national average is 40.17 percent for exports and 59.83 percent for imports for the same 3 months of the year. Port Miami ranked No. 39 by value and No. 36 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. 36 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
Port Miami’s trade with top trade partner Dominican Republic has decreased -19.21 percent YTD
Port Miami’s top five trade partners accounted for 43.91 percent of its total trade through March. By way of comparison, the United States' top five trade partners accounted for 50.23 percent.
Top Trading Countries
Rank | Country | YTD |
---|---|---|
1 | Dominican Republic | $908.17 M |
2 | China | $843.89 M |
3 | Honduras | $609.3 M |
4 | Italy | $433.43 M |
5 | Peru | $425.47 M |
6 | Colombia | $379.81 M |
7 | Guatemala | $327.51 M |
8 | El Salvador | $240.22 M |
9 | France | $227.6 M |
10 | Ecuador | $218.58 M |
Taking a closer look at its leading trade partners:
Exports fell 20.3 percent to $440.72 million. Imports fell 18.16 percent to $467.44 million.
Exports fell 10.42 percent to $33.89 million. Imports fell 0.76 percent to $810 million.
Exports fell 3.28 percent to $238.3 million. Imports fell 7.22 percent to $371 million.
Exports fell 20.44 percent to $22.11 million. Imports rose 6.44 percent to $411.32 million.
Exports rose 3.37 percent to $275.5 million. Imports rose 0.66 percent to $149.98 million.
Port Miami had trade surpluses with 84 countries and deficits with 88 through March. That compares with 87 surpluses and 90 deficits for the same period one year earlier. The top three surpluses through March of this year were with Colombia, $136.94 million; Jamaica, $125.96 million; and Peru, $125.52 million.The top three deficits through March of this year were with China, $776.11 million; Italy, $389.21 million; and Spain, $164.58 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, Mexico and Honduras.
At this time a year ago, the top five by tonnage were China, Dominican Republic, Italy, Honduras and Peru.
Exports
Market Share
The most valuable Port Miami export, Passenger vehicles, has decreased 17.91 percent YTD
Port Miami’s top five exports accounted for 17.38 percent of all its exports through March. By way of comparison, the United States’ top five exports accounted for 23.28 percent.
Top Exports
Rank | Commodity | YTD |
---|---|---|
1 | Passenger vehicles | $134.86 M |
2 | Computers | $108.14 M |
3 | Cotton yarn | $104.29 M |
4 | Motor vehicle parts | $65.13 M |
5 | Parts for heavy machinery | $58.51 M |
6 | Electrical supplies <1000V | $58.28 M |
7 | Returned exports, with change | $44.87 M |
8 | Printers, all types, parts | $43.38 M |
9 | Pumps for dispensing liquids | $40.13 M |
10 | Cell phones, related equipment | $39.34 M |
Here’s a closer look at the top five, by value:
- Passenger vehicles fell 17.91 percent compared to last year to $134.86 million.
- Computers rose 38.3 percent compared to last year to $108.14 million.
- Cotton yarn rose 12.27 percent compared to last year to $104.29 million.
- Motor vehicle parts fell 11.02 percent compared to last year to $65.13 million.
- Parts for heavy machinery fell 8.13 percent compared to last year to $58.51 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; Passenger vehicles; and Aluminum waste and scrap.
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
The most valuable Port Miami import, Insulated wire, cable, has increased 4.76 percent YTD
Port Miami’s top five imports accounted for 19.16 percent of all its imports through March. By way of comparison, the United States’ top five imports accounted for 21.84 percent.
Top Imports
Rank | Commodity | YTD |
---|---|---|
1 | Insulated wire, cable | $211.41 M |
2 | Cigars, cigarettes | $203.62 M |
3 | T-shirts, tank tops, knit or crocheted | $195.93 M |
4 | Electrical supplies <1000V | $137.47 M |
5 | Sweaters, pullovers, vests, knit or crocheted | $137.45 M |
6 | Furniture, parts | $124.46 M |
7 | Rum, gin, vodka, other liquors | $116.89 M |
8 | Perfumes | $111.95 M |
9 | Wine | $98.59 M |
10 | Shrimp, other crustaceans | $86.98 M |
Here’s a closer look at the top five, by value:
- Insulated wire, cable rose 4.76 percent compared to last year to $211.41 million.
- Cigars, cigarettes fell 14.4 percent compared to last year to $203.62 million.
- T-shirts, tank tops, knit or crocheted fell 25.65 percent compared to last year to $195.93 million.
- Electrical supplies <1000V fell 6.59 percent compared to last year to $137.47 million.
- Sweaters, pullovers, vests, knit or crocheted fell 44.81 percent compared to last year to $137.45 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; Unglazed ceramic flags, paving, hearth tiles; Melons and papayas; Granite, marble, other stones; and Beer.
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 0.58 percent of U.S. trade through March, ranking No. 39 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.