|1||Civilian aircraft, parts||$3.99 M|
|2||Iron ores and concentrates||$1.69 M|
|3||Misc. vegetables, not frozen||$220,553|
|4||Misc. coated paper, paperboard||$199,994|
|5||Ceramic lab supplies||$86,112|
|7||Amplifiers, speakers, microphones||$19,919|
|8||Lathes for removing metal||$18,880|
|9||Cell phones, related equipment||$9,050|
|10||Motorboats and yachts||$7,512|
|1||Petroleum gases, other gaseous hydrocarbons||$14.81 M|
|2||Bicycles, etc.||$3.46 M|
|3||Value added to a returned import||$2.12 M|
|4||Aircraft, Spacecraft, Satellites||$1.98 M|
|6||Motorcycles, mopeds, other cycles with motors||$750,640|
|8||Misc. cast articles of iron, steel||$273,617|
|9||Power supplies, transformers||$169,344|
|10||Padlocks, locks and keys, parts||$119,158|
Port of Duluth, Minn.’s trade increases 14.1 percent through February
Port of Duluth, Minn.’s trade with the world rose 14.1 percent, from $27.69 million to $31.6 million through the first two months of 2019 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 $650.55 billion, with exports at $260.05 billion and imports at $390.5 billion. The nation’s total trade increased 1.11 percent compared to the same period last year. Exports rose 2.61 percent and imports rose 0.14 percent.
Port of Duluth, Minn. ranked No. 193 for total trade among the nation’s roughly 450 airports, seaports and border crossings through February of 2019.
The nation’s top five “ports” — airports, seaports and border crossings — so far this year, by value, are Port of Los Angeles; Port Laredo; Port of Newark; John F. Kennedy International Airport and Chicago O’Hare International Airport.
Through February Port of Duluth, Minn.’s top trade parters were No. 1 Canada, No. 2 Taiwan, No. 3 The Netherlands, No. 4 Czech Republic and No. 5 Switzerland . Through the same period of the previous year, the top trade partners were held by Canada, Switzerland, China, Germany and Czech Republic, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Canada fell 12.13 percent to $16.5 million.
Exports fell 72.82 percent to $1.69 million. Imports rose 18.03 percent to $14.81 million.
- Trade with No. 2 Taiwan totaled $4.21 million.
There were no exports. Imports totaled $4.21 million.
- Trade with No. 3 The Netherlands rose 886.9 percent to $2.22 million.
Exports rose 1194.93 percent to $1.95 million. Imports rose 264.9 percent to $272,340.
- Trade with No. 4 Czech Republic rose 149.15 percent to $2.12 million.
There were no exports. Imports totaled $2.12 million.
- Trade with No. 5 Switzerland fell 42.99 percent to $1.98 million.
There were no exports. Imports fell 42.91 percent to $1.98 million.
Port of Duluth, Minn.’s top five trading partners through February accounted for 85.55 percent of its trade with the world.
Port of Duluth, Minn. had trade surpluses with 17 countries and deficits with eight through February. That compares with 11 surpluses and nine deficits for the same period one year earlier. The top three surpluses through February of this year were with The Netherlands, $1.68 million; Germany, $982,988; and Luxembourg, $940,600. The top three deficits through February of this year were with Canada, $13.11 million; Taiwan, $4.21 million; and Czech Republic, $2.12 million.
Through February it’s top exports were Civilian aircraft, parts; Iron ores and concentrates; Misc. vegetables, not frozen; Misc. coated paper, paperboard; and Ceramic lab supplies, in that order. Those accounted for 97.78 percent of its total outbound trade. The Port’s top imports were Petroleum gases, other gaseous hydrocarbons; Bicycles, etc.; Value added to a returned import; Aircraft, Spacecraft, Satellites; and Quartz, quartzite, accounting for 91.75 percent of all inbound shipments.
Looking more closely at Port of Duluth, Minn.’s exports:
- Civilian aircraft, parts rose 42.56 percent compared to last year to $3.99 million.
- Iron ores and concentrates fell 72.92 percent compared to last year to $1.69 million.
- Misc. vegetables, not frozen totaled $220,553. The previous year, there were no exports in this category.
- Misc. coated paper, paperboard totaled $199,994. The previous year, there were no exports in this category.
- Ceramic lab supplies totaled $86,112. The previous year, there were no exports in this category.
On the import side:
- Petroleum gases, other gaseous hydrocarbons rose 24.9 percent compared to last year to $14.81 million.
- Bicycles, etc. totaled $3.46 million. The previous year, there were no imports in this category.
- Value added to a returned import totaled $2.12 million. The previous year, there were no imports in this category.
- Aircraft, Spacecraft, Satellites fell 42.75 percent compared to last year to $1.98 million.
- Quartz, quartzite rose 157.96 percent compared to last year to $829,455.
Last year Port of Duluth, Minn. posted total trade with the world of $531.76 million. The Port’s surplus was $194.39 million . At the end of the year, the port’s top five trade partners were Canada, The Netherlands, Iceland, Germany and Norway. Exports totaled $363.07 million and imports came to $168.68 million.