|1||Scrap iron, steel||$223.32 M|
|2||Paper, paperboard scrap||$56.7 M|
|3||Aluminum waste and scrap||$52.93 M|
|4||Medical equipment for physicals||$51.08 M|
|5||Copper waste and scrap||$40.39 M|
|6||Wood, sawed or chipped, greater than 6 meters thic||$35.57 M|
|7||Misc. plastic plates, sheets and film||$34.53 M|
|8||Motor vehicles for transporting people||$33.47 M|
|9||Mussels, scallops, other mollusks||$30.97 M|
|10||Misc. coated paper, paperboard||$29.31 M|
|1||Gasoline, other fuels||$2.85 B|
|2||Motor vehicles for transporting people||$584.16 M|
|4||Fish fillets, chilled or frozen||$194.9 M|
|5||Petroleum gases, other gaseous hydrocarbons||$175.4 M|
|6||Furniture, parts||$145.84 M|
|7||Rum, gin, vodka, other liquors||$142.5 M|
|8||Seats, excluding barber, dental||$93.73 M|
|9||Coconut, Palm Kernel or Babassu Oil Etc, No C 1513||$89.72 M|
|10||Toys, children's bicycles, games||$83.45 M|
Port of Boston’s trade increases 10.91 percent through October
Port of Boston’s trade with the world rose 10.91 percent, from $8.03 billion to $8.91 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 Boston ranked No. 70 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. 69. It finished No. 70 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 Boston’s top trade parters were No. 1 China, No. 2 Canada, No. 3 Japan, No. 4 United Kingdom and No. 5 Germany . Through the same period of the previous year, the top trade partners were held by China, Canada, Japan, United Kingdom and Italy, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 China rose 17.93 percent to $2.22 billion.
Exports fell 10.38 percent to $323.77 million. Imports rose 24.65 percent to $1.9 billion.
- Trade with No. 2 Canada rose 19.26 percent to $2.15 billion.
Exports rose 106.89 percent to $240,925. Imports rose 19.26 percent to $2.15 billion.
- Trade with No. 3 Japan rose 13.74 percent to $751.79 million.
Exports rose 157.11 percent to $44.8 million. Imports rose 9.86 percent to $706.99 million.
- Trade with No. 4 United Kingdom rose 13.75 percent to $719.75 million.
Exports fell 3.83 percent to $9.18 million. Imports rose 14.02 percent to $710.57 million.
- Trade with No. 5 Germany rose 27.27 percent to $361.44 million.
Exports rose 76.3 percent to $18.41 million. Imports rose 25.39 percent to $343.03 million.
Port of Boston’s top five trading partners through October accounted for 69.65 percent of its trade with the world.
Port of Boston had trade surpluses with 61 countries and deficits with 84 through October. That compares with 65 surpluses and 75 deficits for the same period one year earlier. The top three surpluses through October of this year were with Turkey, $99.66 million; Hong Kong, $70.79 million; and Ecuador, $20.37 million. The top three deficits through October of this year were with Canada, $2.15 billion; China, $1.58 billion; and United Kingdom, $701.38 million.
Through October it’s top exports were Scrap iron, steel; Paper, paperboard scrap; Aluminum waste and scrap; Medical equipment for physicals; and Copper waste and scrap, in that order. Those accounted for 38.86 percent of its total outbound trade. The Port’s top imports were Gasoline, other fuels; Motor vehicles for transporting people; Wine; Fish fillets, chilled or frozen; and Petroleum gases, other gaseous hydrocarbons, accounting for 51.35 percent of all inbound shipments.
Looking more closely at Port of Boston’s exports:
- Scrap iron, steel rose 22.78 percent compared to last year to $223.32 million.
- Paper, paperboard scrap fell 14.78 percent compared to last year to $56.7 million.
- Aluminum waste and scrap rose 10.83 percent compared to last year to $52.93 million.
- Medical equipment for physicals fell 22.15 percent compared to last year to $51.08 million.
- Copper waste and scrap rose 15.95 percent compared to last year to $40.39 million.
On the import side:
- Gasoline, other fuels rose 18.12 percent compared to last year to $2.85 billion.
- Motor vehicles for transporting people rose 6.12 percent compared to last year to $584.16 million.
- Wine rose 8.04 percent compared to last year to $215.4 million.
- Fish fillets, chilled or frozen rose 6.1 percent compared to last year to $194.9 million.
- Petroleum gases, other gaseous hydrocarbons fell 6.99 percent compared to last year to $175.4 million.
Last year Port of Boston posted total trade with the world of $0. The Port’s deficit was $0 . At the end of the year, the port’s top five trade partners were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $0 and imports came to $0.