|1||Aluminum foil, less than 0.2 mm thick||$3.98 M|
|2||Parts for heavy machinery||$2.14 M|
|4||Pumps for dispensing liquids||$940,609|
|5||Fork-lifts, other trucks with lifts||$778,482|
|6||Misc. engines and motors, parts||$482,814|
|7||Taps, cocks and valves for pipes, tanks||$435,929|
|8||Transmission shafts, bearings, gears||$387,736|
|10||Motor vehicle parts||$209,910|
|1||Motorboats and yachts||$3.94 M|
|2||Motor vehicles for transporting people||$1.35 M|
|3||Photo-sensitive semi-conductors, parts||$1.24 M|
|6||Lifting, handling, loading, unloading machines||$222,832|
|8||Bombs, grenades, cartridges, parts||$148,367|
Port of Annapolis, Md.’s trade decreases 32.7 percent through October
Port of Annapolis, Md.’s trade with the world fell 32.7 percent, from $32.66 million to $21.98 million through the first 10 months of 2018 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 $3.51 trillion, with exports at $1.39 trillion and imports at $2.12 trillion. The nation’s total trade increased 9.25 percent compared to the same period last year. Exports rose 8.95 percent and imports rose 9.44 percent.
Port of Annapolis, Md. ranked No. 277 for total trade among the nation’s roughly 450 airports, seaports and border crossings through October of 2018. During the same period of 2017 it ranked No. 259. It finished No. 260 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; Port Laredo; Chicago O’Hare International Airport; John F. Kennedy International Airport and Port of Newark.
Through October Port of Annapolis, Md.’s top trade parters were No. 1 Canada, No. 2 France, No. 3 United Kingdom, No. 4 Italy and No. 5 Sweden . Through the same period of the previous year, the top trade partners were held by Canada, United Kingdom, Italy, France and Honduras, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Canada fell 27.3 percent to $7.08 million.
Exports fell 27.3 percent to $7.08 million. There were no imports.
- Trade with No. 2 France rose 194.87 percent to $3.82 million.
There were no exports. Imports rose 194.87 percent to $3.82 million.
- Trade with No. 3 United Kingdom fell 57.07 percent to $3.73 million.
Exports fell 57.25 percent to $3.72 million. Imports totaled $15,143.
- Trade with No. 4 Italy fell 77.07 percent to $1.49 million.
Exports fell 99.2 percent to $50,000. Imports rose 506.22 percent to $1.44 million.
- Trade with No. 5 Sweden totaled $1.24 million.
There were no exports. Imports totaled $1.24 million.
Port of Annapolis, Md.’s top five trading partners through October accounted for 79.01 percent of its trade with the world.
Port of Annapolis, Md. had trade surpluses with 10 countries and deficits with 19 through October. That compares with nine surpluses and 16 deficits for the same period one year earlier. The top three surpluses through October of this year were with Canada, $7.08 million; United Kingdom, $3.7 million; and Kuwait, $670,482. The top three deficits through October of this year were with France, $3.82 million; Italy, $1.39 million; and Sweden, $1.24 million.
Through October it’s top exports were Aluminum foil, less than 0.2 mm thick; Parts for heavy machinery; Engine parts; Pumps for dispensing liquids; and Fork-lifts, other trucks with lifts, in that order. Those accounted for 71.29 percent of its total outbound trade. The Port’s top imports were Motorboats and yachts; Motor vehicles for transporting people; Photo-sensitive semi-conductors, parts; Tin, unwrought; and Polyurethanes, accounting for 79.81 percent of all inbound shipments.
Looking more closely at Port of Annapolis, Md.’s exports:
- Aluminum foil, less than 0.2 mm thick fell 59.18 percent compared to last year to $3.98 million.
- Parts for heavy machinery rose 44.01 percent compared to last year to $2.14 million.
- Engine parts fell 21.23 percent compared to last year to $986,430.
- Pumps for dispensing liquids fell 19.4 percent compared to last year to $940,609.
- Fork-lifts, other trucks with lifts rose 8788.81 percent compared to last year to $778,482.
On the import side:
- Motorboats and yachts rose 203.59 percent compared to last year to $3.94 million.
- Motor vehicles for transporting people totaled $1.35 million. The previous year, there were no imports in this category.
- Photo-sensitive semi-conductors, parts rose 165.03 percent compared to last year to $1.24 million.
- Tin, unwrought totaled $837,394. The previous year, there were no imports in this category.
- Polyurethanes totaled $302,417. The previous year, there were no imports in this category.
Last year Port of Annapolis, Md. posted total trade with the world of $29.39 million. The Port’s deficit was $20.13 million . At the end of the year, the port’s top five trade partners were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $4.63 million and imports came to $24.76 million.