Port of Fairbanks, Alaska

Port of Fairbanks, Alaska’s trade totaled $5.07 million for the month of May, $5.29 million through May of 2020, and $35.45 million for all of 2019, the latest annual data available, according to U.S. Census Bureau data analyzed by WorldCity. Need more details? Read more

Click on any of the countries in the chart below to gain access to the specific exports and imports between that country and (port), how it compares to other ports for trade with that country, how that trade has changed over time, and much more. Data available both by value and tonnage. Download data. If you are not a subscriber, you can learn more by clicking on the subscribe link.

Top Trading Countries

RankPortYTD
1Canada$4.38 M
2India$734,225
3Singapore$128,579
4Taiwan$35,000
5China$10,466

Overall Rank

Port of Fairbanks, Alaska’s trade decreases 81.98 percent through May

Port of Fairbanks, Alaska’s trade with the world fell 81.98 percent, from $29.36 million to $5.29 million 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 Fairbanks, Alaska ranked No. 263 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 Fairbanks, Alaska’s top trade partners were No. 1 Canada, No. 2 India, No. 3 Singapore, No. 4 Taiwan and No. 5 China. Through the same period of the previous year, the top trade partners were held by China, Canada, Singapore, Japan and Australia, respectively.

Taking a closer look at its leading trade partners:

  • Trade with No. 1 Canada rose 1052.25 percent to $4.38 million.
    Exports rose 1053.56 percent to $4.31 million. Imports rose 982.55 percent to $76,244.
  • Trade with No. 2 India totaled $734,225.
    Exports totaled $734,225. There were no imports.
  • Trade with No. 3 Singapore rose 43.08 percent to $128,579.
    Exports totaled $128,579. There were no imports.
  • Trade with No. 4 Taiwan rose 738.73 percent to $35,000.
    Exports totaled $35,000. There were no imports.
  • Trade with No. 5 China fell 99.96 percent to $10,466.
    Exports fell 99.96 percent to $10,466. There were no imports.

Port of Fairbanks, Alaska’s top five trading partners through May accounted for 100 percent of its trade with the world.

Port of Fairbanks, Alaska had trade surpluses with five countries and deficits with zero through May. That compares with two surpluses and five deficits for the same period one year earlier. The top three surpluses through May of this year were with Canada, $4.23 million; India, $734,225; and Singapore, $128,579. The top three deficits through May of this year were with Australia, $0; Hong Kong, $0; and Japan, $0.

Through May its top exports were Coal, briquettes; Laser-based medical equipment, parts; Taps, cocks and valves for pipes, tanks; Flexible Tubing of Base Metal 8307; and Non-woven fabric, in that order. Those accounted for 99.09 percent of its total outbound trade. The Port’s top imports were Returned exports, without change; Miscellaneous machines, parts; Iron and steel containers, more than 300l capacity; Coal, briquettes; and Laser-based medical equipment, parts, accounting for 100 percent of all inbound shipments.

Looking more closely at Port of Fairbanks, Alaska’s exports:

  • Coal, briquettes totaled $4.3 million. The previous year, there were no exports in this category.
  • Laser-based medical equipment, parts totaled $734,225. The previous year, there were no exports in this category.
  • Taps, cocks and valves for pipes, tanks rose 38.92 percent compared to last year to $59,960.
  • Flexible Tubing of Base Metal 8307 totaled $41,080. The previous year, there were no exports in this category.
  • Non-woven fabric totaled $35,000. The previous year, there were no exports in this category.

On the import side:

  • Returned exports, without change fell 99.77 percent compared to last year to $66,858.
  • Miscellaneous machines, parts fell 80.88 percent compared to last year to $5,325.
  • Iron and steel containers, more than 300l capacity totaled $4,061. The previous year, there were no imports in this category.
  • Coal, briquettes totaled $0. The previous year, there were no imports in this category.
  • Laser-based medical equipment, parts totaled $0. The previous year, there were no imports in this category.

Last year Port of Fairbanks, Alaska posted total trade with the world of $35.45 million. The Port’s deficit was $35.01 million. Exports totaled $222,534 and imports came to $35.23 million.