|1||Motor vehicles for transporting people||$3.78 B|
|2||Coal, briquettes||$1.92 B|
|4||Petroleum gases, other gaseous hydrocarbons||$823.52 M|
|5||Commercial vehicles||$395.59 M|
|6||Harvesting machinery for poultry||$303.38 M|
|7||Navigational equipment||$254.83 M|
|8||Civilian aircraft, parts||$203.09 M|
|9||Fork-lifts, other trucks with lifts||$187.78 M|
|10||Cranes, derricks, industrial-use vehicles||$184.41 M|
|1||Motor vehicles for transporting people||$11.77 B|
|2||Aluminum, unwrought||$1.3 B|
|3||Self-propelled heavy construction machinery||$1.22 B|
|4||Commercial vehicles||$1.11 B|
|5||Nickle, Unwrought 7502||$751.08 M|
|6||Plasma, vaccines, blood||$721.25 M|
|8||Ferroalloys 7202||$594.82 M|
|9||Tin, unwrought||$512.46 M|
|10||Furniture, parts||$468.86 M|
Port of Baltimore, Md.’s trade increases 10.08 percent through October
Port of Baltimore, Md.’s trade with the world rose 10.08 percent, from $44.7 billion to $49.2 billion 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 Baltimore, Md. ranked No. 21 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. 22. It finished No. 22 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 Baltimore, Md.’s top trade parters were No. 1 Germany, No. 2 Japan, No. 3 United Kingdom, No. 4 China and No. 5 Italy . Through the same period of the previous year, the top trade partners were held by Germany, China, United Kingdom, Japan and Italy, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Germany rose 7.69 percent to $5.55 billion.
Exports rose 18.53 percent to $1.04 billion. Imports rose 5.45 percent to $4.51 billion.
- Trade with No. 2 Japan rose 25.64 percent to $4.47 billion.
Exports rose 235.94 percent to $825.98 million. Imports rose 10.04 percent to $3.65 billion.
- Trade with No. 3 United Kingdom rose 12.75 percent to $4.33 billion.
Exports fell 5.77 percent to $550.46 million. Imports rose 16.07 percent to $3.78 billion.
- Trade with No. 4 China fell 5.94 percent to $4.11 billion.
Exports fell 47.72 percent to $493.79 million. Imports rose 5.6 percent to $3.61 billion.
- Trade with No. 5 Italy fell 0.66 percent to $2.06 billion.
Exports rose 9.33 percent to $244.81 million. Imports fell 1.88 percent to $1.81 billion.
Port of Baltimore, Md.’s top five trading partners through October accounted for 41.69 percent of its trade with the world.
Port of Baltimore, Md. had trade surpluses with 96 countries and deficits with 93 through October. That compares with 103 surpluses and 94 deficits for the same period one year earlier. The top three surpluses through October of this year were with Saudi Arabia, $661.48 million; Norway, $398.93 million; and Australia, $398.52 million. The top three deficits through October of this year were with Germany, $3.46 billion; United Kingdom, $3.23 billion; and China, $3.12 billion.
Through October it’s top exports were Motor vehicles for transporting people; Coal, briquettes; Tractors; Petroleum gases, other gaseous hydrocarbons; and Commercial vehicles, in that order. Those accounted for 57.2 percent of its total outbound trade. The Port’s top imports were Motor vehicles for transporting people; Aluminum, unwrought; Self-propelled heavy construction machinery; Commercial vehicles; and Nickle, Unwrought 7502, accounting for 45.47 percent of all inbound shipments.
Looking more closely at Port of Baltimore, Md.’s exports:
- Motor vehicles for transporting people rose 15.1 percent compared to last year to $3.78 billion.
- Coal, briquettes rose 21.07 percent compared to last year to $1.92 billion.
- Tractors fell 4.73 percent compared to last year to $916.19 million.
- Petroleum gases, other gaseous hydrocarbons totaled $823.52 million. The previous year, there were no exports in this category.
- Commercial vehicles fell 18.36 percent compared to last year to $395.59 million.
On the import side:
- Motor vehicles for transporting people rose 1.42 percent compared to last year to $11.77 billion.
- Aluminum, unwrought rose 24.56 percent compared to last year to $1.3 billion.
- Self-propelled heavy construction machinery rose 35.21 percent compared to last year to $1.22 billion.
- Commercial vehicles rose 3.95 percent compared to last year to $1.11 billion.
- Nickle, Unwrought 7502 rose 43.13 percent compared to last year to $751.08 million.
Last year Port of Baltimore, Md. posted total trade with the world of $49.98 billion. The Port’s deficit was $21.86 billion . At the end of the year, the port’s top five trade partners were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $14.06 billion and imports came to $35.92 billion.