|1||Parts for heavy machinery||$571,974|
|2||Medical equipment for physicals||$231,606|
|3||Transmission shafts, bearings, gears||$198,484|
|5||Internal combustion engines||$143,360|
|6||Electric motors, generators, not sets||$139,062|
|7||Medical instruments for surgeons, dentists, vets||$135,805|
|8||Miscellaneous machines, parts||$120,043|
|9||Gasoline, other fuels||$116,904|
|10||Pumps for dispensing liquids||$114,640|
|1||Motorboats and yachts||$2.93 M|
|3||Miscellaneous machines, parts||$228,905|
|4||Poultry incubators, equipment||$197,980|
|5||Copper Tubes and Pipes 7411||$143,600|
|6||Plywood, veneered and laminated wood||$143,496|
|7||Misc. aluminum oxides and hydroxides||$109,113|
|9||Soybean oilcake, other solid residue, not ground||$101,176|
|10||Electric Filament or Discharge Lamps, Parts 8539||$84,421|
Port of Annapolis, Md.’s trade decreases 56.22 percent through August
Port of Annapolis, Md.’s trade with the world fell 56.22 percent, from $18.83 million to $8.24 million through the first eight months of 2019 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 $2.77 trillion, with exports at $1.1 trillion and imports at $1.67 trillion. The nation’s total trade decreased 0.32 percent compared to the same period last year. Exports fell 0.71 percent and imports fell 0.07 percent.
Port of Annapolis, Md. ranked No. 295 for total trade among the nation’s roughly 450 airports, seaports and border crossings through August of 2019.
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 August Port of Annapolis, Md.’s top trade partners were No. 1 France, No. 2 Canada, No. 3 China, No. 4 Ireland and No. 5 Poland. Through the same period of the previous year, the top trade partners were held by Canada, France, United Kingdom, Italy and China, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 France fell 24.44 percent to $2.89 million.
There were no exports. Imports fell 24.44 percent to $2.89 million.
- Trade with No. 2 Canada fell 59.02 percent to $2.36 million.
Exports fell 59.21 percent to $2.35 million. Imports totaled $11,297.
- Trade with No. 3 China fell 33.19 percent to $602,519.
There were no exports. Imports rose 10.23 percent to $602,519.
- Trade with No. 4 Ireland rose 100.59 percent to $524,020.
There were no exports. Imports totaled $524,020.
- Trade with No. 5 Poland fell 69.1 percent to $258,769.
There were no exports. Imports fell 69.1 percent to $258,769.
Port of Annapolis, Md.’s top five trading partners through August accounted for 80.5 percent of its trade with the world.
Port of Annapolis, Md. had trade surpluses with four countries and deficits with 18 through August. That compares with nine surpluses and 13 deficits for the same period one year earlier. The top three surpluses through August of this year were with Canada, $2.34 million; United Kingdom, $143,360; and Peru, $43,220. The top three deficits through August of this year were with France, $2.89 million; China, $602,519; and Ireland, $524,020.
Through August its top exports were Parts for heavy machinery; Medical equipment for physicals; Transmission shafts, bearings, gears; Engine parts; and Internal combustion engines, in that order. Those accounted for 49.41 percent of its total outbound trade. The Port’s top imports were Motorboats and yachts; Computer parts; Miscellaneous machines, parts; Poultry incubators, equipment; and Copper Tubes and Pipes 7411, accounting for 70.07 percent of all inbound shipments.
Looking more closely at Port of Annapolis, Md.’s exports:
- Parts for heavy machinery fell 62.31 percent compared to last year to $571,974.
- Medical equipment for physicals totaled $231,606. The previous year, there were no exports in this category.
- Transmission shafts, bearings, gears fell 42.34 percent compared to last year to $198,484.
- Engine parts fell 82.94 percent compared to last year to $146,528.
- Internal combustion engines rose 319.76 percent compared to last year to $143,360.
On the import side:
- Motorboats and yachts fell 25.58 percent compared to last year to $2.93 million.
- Computer parts totaled $443,621. The previous year, there were no imports in this category.
- Miscellaneous machines, parts totaled $228,905. The previous year, there were no imports in this category.
- Poultry incubators, equipment totaled $197,980. The previous year, there were no imports in this category.
- Copper Tubes and Pipes 7411 totaled $143,600. The previous year, there were no imports in this category.
Last year Port of Annapolis, Md. posted total trade with the world of $23.86 million. The Port’s surplus was $3.87 million. At the end of the year, the port’s top five trade partners were Canada, France, United Kingdom, Italy and Sweden. Exports totaled $13.86 million and imports came to $9.99 million.