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Port of Fairbanks, Alaska

Port of Fairbanks, Alaska’s trade totaled $16,067 for the month of August, $35.39 million through August of 2019, and $51.66 million for all of 2018, 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
1China$28.84 M
2Canada$6.33 M
3Singapore$109,642
4Norway$34,226
5United Kingdom$25,364
6Japan$17,864
7Australia$16,478
8Taiwan$4,173
9Hong Kong$3,206

Overall Rank

Port of Fairbanks, Alaska’s trade increases 352.52 percent through August

Port of Fairbanks, Alaska’s trade with the world rose 352.52 percent, from $7.82 million to $35.39 million through the first eight 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 $2.77 trillion, with exports at $1.1 trillion and imports at $1.67 trillion. The nation’s total trade decreased 0.32 percent compared to the same period last year. Exports fell 0.71 percent and imports fell 0.07 percent.

Port of Fairbanks, Alaska ranked No. 247 for total trade among the nation’s roughly 450 airports, seaports and border crossings through August 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; Chicago O’Hare International Airport; Port of Newark and John F. Kennedy International Airport.

Through August Port of Fairbanks, Alaska’s top trade partners were No. 1 China, No. 2 Canada, No. 3 Singapore, No. 4 Norway and No. 5 United Kingdom. Through the same period of the previous year, the top trade partners were held by Canada, Singapore, China, Norway and South Korea, respectively.

Taking a closer look at its leading trade partners:

  • Trade with No. 1 China rose 3568 percent to $28.84 million.
    There were no exports. Imports rose 186397 percent to $28.84 million.
  • Trade with No. 2 Canada rose 73.29 percent to $6.33 million.
    Exports totaled $7,043. Imports rose 73.1 percent to $6.33 million.
  • Trade with No. 3 Singapore fell 96.66 percent to $109,642.
    Exports fell 96.66 percent to $109,642. There were no imports.
  • Trade with No. 4 Norway fell 22.04 percent to $34,226.
    There were no exports. Imports totaled $34,226.
  • Trade with No. 5 United Kingdom totaled $25,364.
    There were no exports. Imports totaled $25,364.

Port of Fairbanks, Alaska’s top five trading partners through August accounted for 99.88 percent of its trade with the world.

Port of Fairbanks, Alaska had trade surpluses with five countries and deficits with four through August. That compares with 10 surpluses and one deficits for the same period one year earlier. The top three surpluses through August of this year were with Singapore, $109,642; Japan, $17,864; and Australia, $16,478. The top three deficits through August of this year were with China, $28.84 million; Canada, $6.32 million; and Norway, $34,226.

Through August its top exports were Taps, cocks and valves for pipes, tanks; Iron or steel tube or pipe fittings; Plastic tubes, hoses and fittings; Computer chips; and Electrical supplies, apparatus, less than 1000V, in that order. Those accounted for 82.24 percent of its total outbound trade. The Port’s top imports were Value added to a returned import; Taps, cocks and valves for pipes, tanks; Parts for heavy machinery; Miscellaneous machines, parts; and Meteorological, hydraulic and survey equipment, accounting for 99.92 percent of all inbound shipments.

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

  • Taps, cocks and valves for pipes, tanks fell 97.99 percent compared to last year to $56,362.
  • Iron or steel tube or pipe fittings fell 90.75 percent compared to last year to $20,908.
  • Plastic tubes, hoses and fittings fell 87.17 percent compared to last year to $18,655.
  • Computer chips totaled $17,864. The previous year, there were no exports in this category.
  • Electrical supplies, apparatus, less than 1000V rose 62.5 percent compared to last year to $16,478.

On the import side:

  • Value added to a returned import rose 851.4 percent compared to last year to $34.74 million.
  • Taps, cocks and valves for pipes, tanks totaled $334,981. The previous year, there were no imports in this category.
  • Parts for heavy machinery totaled $81,404. The previous year, there were no imports in this category.
  • Miscellaneous machines, parts totaled $27,849. The previous year, there were no imports in this category.
  • Meteorological, hydraulic and survey equipment totaled $20,974. The previous year, there were no imports in this category.

Last year Port of Fairbanks, Alaska posted total trade with the world of $51.66 million. The Port’s surplus was $12.99 million. At the end of the year, the port’s top five trade partners were South Korea, China, Canada, Singapore and Norway. Exports totaled $32.32 million and imports came to $19.33 million.