|1||Civilian aircraft, parts||$2.69 B|
|2||Miscellaneous machines, parts||$74.18 M|
|3||Chemical wood pulp, not dissolving grade||$3.46 M|
|4||Misc. vessels, including warships, lifeboats||$3.37 M|
|5||Containers for transportation||$3.06 M|
|6||Returned exports, without change||$1.96 M|
|7||Lifting, handling, loading, unloading machines||$1.12 M|
|9||Miscellaneous electrical machinery||$453,762|
|10||Insulated wire, cable||$358,441|
|1||Defense-related aircraft, parts||$434.61 M|
|2||Misc. iron or steel structures and parts||$7.12 M|
|3||Uranium, thorium ores, concentrates||$6.31 M|
|4||Pumps for dispensing liquids||$4.45 M|
|5||Portland, aluminous and slag cement||$3.63 M|
|6||Radioactive chemical elements and isotopes||$2.38 M|
|7||Laser-based machine tools||$1.25 M|
|8||Electric motors, generators, not sets||$1.09 M|
|9||Nickle Tubes, Pipes and Tube or Pipe Fittings 7507||$998,935|
|10||Wood in the rough, stripped or not of sapwood, etc||$768,488|
Port of Everett, Wash.’s trade decreases 51.23 percent through May
Port of Everett, Wash.’s trade with the world fell 51.23 percent, from $6.65 billion to $3.24 billion through the first five 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 $1.48 trillion, with exports at $582.11 billion and imports at $898.44 billion. The nation’s total trade decreased 13.61 percent compared to the same period last year. Exports fell 15.09 percent and imports fell 12.63 percent.
Port of Everett, Wash. ranked No. 50 for total trade among the nation’s roughly 450 airports, seaports and border crossings through May 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 May Port of Everett, Wash.’s top trade partners were No. 1 Japan, No. 2 Turkey, No. 3 China, No. 4 Germany and No. 5 Ethiopia. Through the same period of the previous year, the top trade partners were held by Japan, China, Taiwan, United Kingdom and Germany, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Japan fell 6.96 percent to $1.13 billion.
Exports fell 13.21 percent to $700.29 million. Imports rose 5.32 percent to $431.65 million.
- Trade with No. 2 Turkey rose 1283276 percent to $1.1 billion.
Exports totaled $1.1 billion. There were no imports.
- Trade with No. 3 China fell 42.8 percent to $361.09 million.
Exports rose 2500.48 percent to $343.84 million. Imports fell 97.21 percent to $17.26 million.
- Trade with No. 4 Germany fell 64.59 percent to $163.66 million.
Exports rose 1859689 percent to $163.66 million. There were no imports.
- Trade with No. 5 Ethiopia totaled $157.04 million.
Exports totaled $157.04 million. There were no imports.
Port of Everett, Wash.’s top five trading partners through May accounted for 89.91 percent of its trade with the world.
Port of Everett, Wash. had trade surpluses with 19 countries and deficits with nine through May. That compares with five surpluses and 28 deficits for the same period one year earlier. The top three surpluses through May of this year were with Turkey, $1.1 billion; China, $326.58 million; and Japan, $268.65 million. The top three deficits through May of this year were with South Korea, $12.07 million; Canada, $2.54 million; and Vietnam, $2.14 million.
Through May its top exports were Civilian aircraft, parts; Miscellaneous machines, parts; Chemical wood pulp, not dissolving grade; Misc. vessels, including warships, lifeboats; and Containers for transportation, in that order. Those accounted for 99.8 percent of its total outbound trade. The Port’s top imports were Defense-related aircraft, parts; Misc. iron or steel structures and parts; Uranium, thorium ores, concentrates; Pumps for dispensing liquids; and Portland, aluminous and slag cement, accounting for 97.36 percent of all inbound shipments.
Looking more closely at Port of Everett, Wash.’s exports:
- Civilian aircraft, parts fell 53.04 percent compared to last year to $2.69 billion.
- Miscellaneous machines, parts fell 11.44 percent compared to last year to $74.18 million.
- Chemical wood pulp, not dissolving grade totaled $3.46 million. The previous year, there were no exports in this category.
- Misc. vessels, including warships, lifeboats totaled $3.37 million. The previous year, there were no exports in this category.
- Containers for transportation fell 39.56 percent compared to last year to $3.06 million.
On the import side:
- Defense-related aircraft, parts fell 46.95 percent compared to last year to $434.61 million.
- Misc. iron or steel structures and parts rose 182.64 percent compared to last year to $7.12 million.
- Uranium, thorium ores, concentrates totaled $6.31 million. The previous year, there were no imports in this category.
- Pumps for dispensing liquids rose 5.44 percent compared to last year to $4.45 million.
- Portland, aluminous and slag cement rose 30.14 percent compared to last year to $3.63 million.
Last year Port of Everett, Wash. posted total trade with the world of $18.17 billion. The Port’s surplus was $14.55 billion. Exports totaled $16.36 billion and imports came to $1.81 billion.