|1||Scrap iron, steel||$99.54 M|
|2||Paper, paperboard scrap||$22.63 M|
|3||Aluminum waste and scrap||$19.82 M|
|4||Plastic plates, sheet, film||$16.08 M|
|5||Mussels, scallops, other mollusks||$15.64 M|
|6||Wood in the rough, stripped or not of sapwood, etc||$13.94 M|
|7||Wood, sawed or chipped, greater than 6 meters thic||$12.96 M|
|8||Copper waste and scrap||$12.72 M|
|9||Medical equipment for physicals||$12.01 M|
|10||Misc. coated paper, paperboard||$11.99 M|
|1||Gasoline, other fuels||$946.69 M|
|2||Passenger vehicles||$352.01 M|
|4||LNG, other petroleum gases||$100.62 M|
|5||Fish fillets, chilled or frozen||$98.36 M|
|6||Photo-sensitive semi-conductors, parts||$82 M|
|7||Rum, gin, vodka, other liquors||$72.74 M|
|8||Furniture, parts||$64.29 M|
|9||Shrimp, other crustaceans||$54.84 M|
|10||Seats, excluding barber, dental||$43.43 M|
Port of Boston’s trade decreases 16.38 percent through June
Port of Boston’s trade with the world fell 16.38 percent, from $5.04 billion to $4.22 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 Boston ranked No. 72 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 Boston’s top trade partners were No. 1 China, No. 2 Canada, No. 3 Japan, No. 4 Germany and No. 5 United Kingdom. Through the same period of the previous year, the top trade partners were held by China, Canada, Japan, United Kingdom and Germany, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 China fell 20.02 percent to $977.39 million.
Exports fell 10.9 percent to $156.08 million. Imports fell 21.55 percent to $821.31 million.
- Trade with No. 2 Canada fell 30.08 percent to $724.77 million.
Exports fell 88.17 percent to $4,181. Imports fell 30.07 percent to $724.77 million.
- Trade with No. 3 Japan rose 1.18 percent to $456.37 million.
Exports fell 23.41 percent to $25.56 million. Imports rose 3.15 percent to $430.81 million.
- Trade with No. 4 Germany rose 8.49 percent to $241.86 million.
Exports fell 64.49 percent to $4.47 million. Imports rose 12.85 percent to $237.39 million.
- Trade with No. 5 United Kingdom fell 51.52 percent to $209.6 million.
Exports rose 40.82 percent to $4.6 million. Imports fell 52.22 percent to $205 million.
Port of Boston’s top five trading partners through June accounted for 61.92 percent of its trade with the world.
Port of Boston had trade surpluses with 43 countries and deficits with 80 through June. That compares with 54 surpluses and 80 deficits for the same period one year earlier. The top three surpluses through June of this year were with Turkey, $44.11 million; Hong Kong, $10.35 million; and Pakistan, $5.62 million. The top three deficits through June of this year were with Canada, $724.76 million; China, $665.23 million; and Japan, $405.25 million.
Through June its top exports were Scrap iron, steel; Paper, paperboard scrap; Aluminum waste and scrap; Plastic plates, sheet, film; and Mussels, scallops, other mollusks, in that order. Those accounted for 34.46 percent of its total outbound trade. The Port’s top imports were Gasoline, other fuels; Passenger vehicles; Wine; LNG, other petroleum gases; and Fish fillets, chilled or frozen, accounting for 43.12 percent of all inbound shipments.
Looking more closely at Port of Boston’s exports:
- Scrap iron, steel fell 0.54 percent compared to last year to $99.54 million.
- Paper, paperboard scrap fell 30.4 percent compared to last year to $22.63 million.
- Aluminum waste and scrap fell 32.4 percent compared to last year to $19.82 million.
- Plastic plates, sheet, film fell 4.17 percent compared to last year to $16.08 million.
- Mussels, scallops, other mollusks fell 40.02 percent compared to last year to $15.64 million.
On the import side:
- Gasoline, other fuels fell 33.18 percent compared to last year to $946.69 million.
- Passenger vehicles rose 4.78 percent compared to last year to $352.01 million.
- Wine fell 22.46 percent compared to last year to $102.59 million.
- LNG, other petroleum gases fell 51.2 percent compared to last year to $100.62 million.
- Fish fillets, chilled or frozen rose 0.19 percent compared to last year to $98.36 million.
Last year Port of Boston posted total trade with the world of $10.48 billion. The Port’s deficit was $8.09 billion. Exports totaled $1.19 billion and imports came to $9.28 billion.