|1||Misc. uncoated kraft paper, paperboard||$85.94 M|
|2||Pork meat, fresh, frozen or chilled||$42.42 M|
|3||Cotton yarn||$29.27 M|
|4||Uncoated paper, paperboard||$28.83 M|
|5||Chicken and other poultry||$22.12 M|
|7||Synthetic yarn, not retail||$18.76 M|
|8||Gasoline, other fuels||$13.78 M|
|9||Electrical supplies, apparatus, less than 1000V||$12.71 M|
|10||Prepared or preserved meat||$11.91 M|
|1||Bananas and plantains, fresh or dried||$133.42 M|
|2||T-shirts, tank tops, knit or crocheted||$96.54 M|
|3||Men's or boys' underwear||$48.57 M|
|4||Sweaters, pullovers, vests, knit or crocheted||$43.65 M|
|5||Titanium ores, concentrates||$38.94 M|
|6||Men's or boys' slacks, suits, not knit||$36.21 M|
|7||Insulated wire, cable||$19.69 M|
|8||Avocados, dates, figs, pineapples, etc.||$11.76 M|
|9||Women's or girls' slips||$11.58 M|
|10||Men's or boys' suits, knit or crocheted||$9.49 M|
Port of Gulfport, Miss.’s trade decreases 39.93 percent through July
Port of Gulfport, Miss.’s trade with the world fell 39.93 percent, from $1.51 billion to $904.41 million 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.
Port of Gulfport, Miss. ranked No. 127 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. 118. It finished No. 120 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 Port of Gulfport, Miss.’s top trade partners were No. 1 Honduras, No. 2 Guatemala, No. 3 El Salvador, No. 4 Nicaragua and No. 5 Costa Rica. Through the same period of the previous year, the top trade partners were held by Honduras, El Salvador, Guatemala, Nicaragua and Costa Rica, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Honduras fell 55.08 percent to $283.29 million.
Exports fell 54.33 percent to $142.57 million. Imports fell 55.81 percent to $140.72 million.
- Trade with No. 2 Guatemala fell 39.36 percent to $164.39 million.
Exports fell 37.27 percent to $103.45 million. Imports fell 42.6 percent to $60.93 million.
- Trade with No. 3 El Salvador fell 58.34 percent to $151.24 million.
Exports fell 22.63 percent to $34.36 million. Imports fell 63.32 percent to $116.88 million.
- Trade with No. 4 Nicaragua fell 42.72 percent to $54.11 million.
Exports fell 68.29 percent to $2.93 million. Imports fell 39.94 percent to $51.17 million.
- Trade with No. 5 Costa Rica fell 7.57 percent to $37.69 million.
Exports fell 31.27 percent to $22.48 million. Imports rose 88.6 percent to $15.21 million.
Port of Gulfport, Miss.’s top five trading partners through July accounted for 91.6 percent of its trade with the world.
Port of Gulfport, Miss. had trade surpluses with 13 countries and deficits with 22 through July. That compares with 11 surpluses and 28 deficits for the same period one year earlier. The top three surpluses through July of this year were with Guatemala, $42.52 million; Costa Rica, $7.28 million; and Indonesia, $2.19 million. The top three deficits through July of this year were with El Salvador, $82.52 million; Nicaragua, $48.24 million; and Colombia, $9.97 million.
Through July its top exports were Misc. uncoated kraft paper, paperboard; Pork meat, fresh, frozen or chilled; Cotton yarn; Uncoated paper, paperboard; and Chicken and other poultry, in that order. Those accounted for 58.04 percent of its total outbound trade. The Port’s top imports were Bananas and plantains, fresh or dried; T-shirts, tank tops, knit or crocheted; Men’s or boys’ underwear; Sweaters, pullovers, vests, knit or crocheted; and Titanium ores, concentrates, accounting for 66.26 percent of all inbound shipments.
Looking more closely at Port of Gulfport, Miss.’s exports:
- Misc. uncoated kraft paper, paperboard fell 20.98 percent compared to last year to $85.94 million.
- Pork meat, fresh, frozen or chilled rose 4.33 percent compared to last year to $42.42 million.
- Cotton yarn fell 52.48 percent compared to last year to $29.27 million.
- Uncoated paper, paperboard fell 12.41 percent compared to last year to $28.83 million.
- Chicken and other poultry fell 20.38 percent compared to last year to $22.12 million.
On the import side:
- Bananas and plantains, fresh or dried fell 2.22 percent compared to last year to $133.42 million.
- T-shirts, tank tops, knit or crocheted fell 49.29 percent compared to last year to $96.54 million.
- Men’s or boys’ underwear fell 43.42 percent compared to last year to $48.57 million.
- Sweaters, pullovers, vests, knit or crocheted fell 61.93 percent compared to last year to $43.65 million.
- Titanium ores, concentrates fell 41.64 percent compared to last year to $38.94 million.
Last year Port of Gulfport, Miss. posted total trade with the world of $2.48 billion. The Port’s deficit was $627.49 million. Exports totaled $926.45 million and imports came to $1.55 billion.