|1||Gasoline, other fuels||$365.58 M|
|2||LNG, other petroleum gases||$223.82 M|
|3||Fish fillets, chilled or frozen||$18.12 M|
|4||Frozen fish||$3.33 M|
|5||Cranes, derricks, industrial-use vehicles||$1.97 M|
|6||Flour, meal, etc.||$1.55 M|
|7||Musical instrument parts||$670,668|
|8||Civilian aircraft, parts||$549,460|
|9||Defense-related aircraft, parts||$449,219|
|10||Special Canadian classifications||$124,304|
|2||Gasoline, other fuels||$35.38 M|
|3||Misc. aluminum oxides and hydroxides||$27.89 M|
|4||Regional aircraft, satellites, etc.||$10.61 M|
|5||Returned exports, with change||$4.57 M|
|6||Motorboats and yachts||$3.97 M|
|7||Returned exports, without change||$3.32 M|
|8||Misc. articles of unhardened vulcanized rubber||$2.54 M|
|9||Fishing Vessels;Factory Ships & Shps,Ves, Nes 8902||$200,000|
Port of Bellingham, Wash.’s trade decreases 15.63 percent through June
Port of Bellingham, Wash.’s trade with the world fell 15.63 percent, from $1.76 billion to $1.48 billion through the first six 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 $1.77 trillion, with exports at $687.16 billion and imports at $1.08 trillion. The nation’s total trade decreased 14.28 percent compared to the same period last year. Exports fell 16.57 percent and imports fell 12.75 percent.
Port of Bellingham, Wash. ranked No. 98 for total trade among the nation’s roughly 450 airports, seaports and border crossings through June of 2020.
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 June Port of Bellingham, Wash.’s top trade partners were No. 1 Canada, No. 2 Mexico, No. 3 South Korea, No. 4 Australia and No. 5 Japan. Through the same period of the previous year, the top trade partners were held by Canada, South Korea, Argentina, Mexico and Australia, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Canada fell 25.41 percent to $582.03 million.
Exports fell 43.52 percent to $1.53 million. Imports fell 25.35 percent to $580.49 million.
- Trade with No. 2 Mexico rose 211.68 percent to $265.34 million.
Exports rose 211.63 percent to $265.3 million. Imports totaled $43,575.
- Trade with No. 3 South Korea fell 8.98 percent to $200.35 million.
Exports fell 8.67 percent to $200.35 million. Imports fell 99.93 percent to $500.
- Trade with No. 4 Australia fell 11.24 percent to $73.31 million.
Exports rose 6729.47 percent to $45.04 million. Imports fell 65.5 percent to $28.27 million.
- Trade with No. 5 Japan rose 824.94 percent to $56.33 million.
Exports rose 33234 percent to $56.33 million. Imports fell 99.95 percent to $3,000.
Port of Bellingham, Wash.’s top five trading partners through June accounted for 79.43 percent of its trade with the world.
Port of Bellingham, Wash. had trade surpluses with 18 countries and deficits with 11 through June. That compares with 16 surpluses and 15 deficits for the same period one year earlier. The top three surpluses through June of this year were with Mexico, $265.25 million; South Korea, $200.35 million; and Japan, $56.32 million. The top three deficits through June of this year were with Canada, $578.96 million; Trinidad and Tobago, $51.64 million; and Brazil, $40.65 million.
Through June its top exports were Gasoline, other fuels; LNG, other petroleum gases; Fish fillets, chilled or frozen; Frozen fish; and Cranes, derricks, industrial-use vehicles, in that order. Those accounted for 99.37 percent of its total outbound trade. The Port’s top imports were Oil; Gasoline, other fuels; Misc. aluminum oxides and hydroxides; Satellites, related equipment; and Returned exports, with change, accounting for 98.81 percent of all inbound shipments.
Looking more closely at Port of Bellingham, Wash.’s exports:
- Gasoline, other fuels rose 255.89 percent compared to last year to $365.58 million.
- LNG, other petroleum gases fell 5.57 percent compared to last year to $223.82 million.
- Fish fillets, chilled or frozen rose 10.11 percent compared to last year to $18.12 million.
- Frozen fish rose 132.42 percent compared to last year to $3.33 million.
- Cranes, derricks, industrial-use vehicles totaled $1.97 million. The previous year, there were no exports in this category.
On the import side:
- Oil fell 31.34 percent compared to last year to $776.85 million.
- Gasoline, other fuels fell 78.15 percent compared to last year to $35.38 million.
- Misc. aluminum oxides and hydroxides fell 65.96 percent compared to last year to $27.89 million.
- Satellites, related equipment rose 22.37 percent compared to last year to $10.61 million.
- Returned exports, with change rose 57.98 percent compared to last year to $4.57 million.
Last year Port of Bellingham, Wash. posted total trade with the world of $4.18 billion. The Port’s deficit was $2.16 billion. Exports totaled $1.01 billion and imports came to $3.17 billion.