|1||Misc. uncoated kraft paper, paperboard||$173 M|
|2||Cotton yarn||$83.58 M|
|3||Synthetic yarn, not retail||$80.36 M|
|4||Pork meat, fresh, frozen or chilled||$57.81 M|
|6||Uncoated paper, paperboard||$48.92 M|
|7||Poultry, fresh, chilled or frozen||$42.4 M|
|8||Electrical supplies, apparatus, less than 1000V||$37.21 M|
|9||Men's or boys' slacks, suits, not knit||$29.13 M|
|10||Woven synthetic-blend fiber||$22.95 M|
|1||T-shirts, tank tops, knit or crocheted||$254.64 M|
|2||Bananas and plantains, fresh or dried||$189.18 M|
|3||Sweaters, pullovers, vests, knit or crocheted||$146.29 M|
|4||Men's or boys' underwear||$85.94 M|
|5||Insulated wire, cable||$82.61 M|
|6||Titanium Ores and Concentrates 2614||$80.08 M|
|7||Men's or boys' slacks, suits, not knit||$77.41 M|
|8||Men's or boys' suits, knit or crocheted||$43.9 M|
|9||Men's or boys' shirts, not knitted or crocheted||$40.61 M|
|10||Women's or girls' slips||$37.35 M|
Port of Gulfport, Miss.’s trade decreases 7.17 percent through October
Port of Gulfport, Miss.’s trade with the world fell 7.17 percent, from $2.36 billion to $2.19 billion through the first 10 months of 2018 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 $3.51 trillion, with exports at $1.39 trillion and imports at $2.12 trillion. The nation’s total trade increased 9.25 percent compared to the same period last year. Exports rose 8.95 percent and imports rose 9.44 percent.
Port of Gulfport, Miss. ranked No. 118 for total trade among the nation’s roughly 450 airports, seaports and border crossings through October of 2018. During the same period of 2017 it ranked No. 112. It finished No. 113 in the last full year.
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; John F. Kennedy International Airport and Port of Newark.
Through October Port of Gulfport, Miss.’s top trade parters were No. 1 Honduras, No. 2 El Salvador, No. 3 Guatemala, No. 4 Nicaragua and No. 5 Costa Rica . Through the same period of the previous year, the top trade partners were held by Honduras, El Salvador, Guatemala, Nicaragua and Costa Rica, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Honduras fell 1.35 percent to $1.02 billion.
Exports rose 5.13 percent to $495.89 million. Imports fell 6.82 percent to $521.24 million.
- Trade with No. 2 El Salvador fell 13.76 percent to $503.37 million.
Exports fell 2.33 percent to $83.23 million. Imports fell 15.71 percent to $420.15 million.
- Trade with No. 3 Guatemala fell 9.78 percent to $387.94 million.
Exports fell 2.72 percent to $227.45 million. Imports fell 18.19 percent to $160.49 million.
- Trade with No. 4 Nicaragua fell 15.02 percent to $111.73 million.
Exports fell 26.45 percent to $18.66 million. Imports fell 12.29 percent to $93.07 million.
- Trade with No. 5 Costa Rica fell 19.8 percent to $46.28 million.
Exports rose 2.08 percent to $37.88 million. Imports fell 59.23 percent to $8.39 million.
Port of Gulfport, Miss.’s top five trading partners through October accounted for 94.51 percent of its trade with the world.
Port of Gulfport, Miss. had trade surpluses with eight countries and deficits with 28 through October. That compares with seven surpluses and 30 deficits for the same period one year earlier. The top three surpluses through October of this year were with Guatemala, $66.96 million; Costa Rica, $29.49 million; and Panama, $2.53 million. The top three deficits through October of this year were with El Salvador, $336.92 million; Nicaragua, $74.41 million; and Madagascar, $27.83 million.
Through October it’s top exports were Misc. uncoated kraft paper, paperboard; Cotton yarn; Synthetic yarn, not retail; Pork meat, fresh, frozen or chilled; and Cotton, in that order. Those accounted for 51.7 percent of its total outbound trade. The Port’s top imports were T-shirts, tank tops, knit or crocheted; Bananas and plantains, fresh or dried; Sweaters, pullovers, vests, knit or crocheted; Men’s or boys’ underwear; and Insulated wire, cable, accounting for 57.49 percent of all inbound shipments.
Looking more closely at Port of Gulfport, Miss.’s exports:
- Misc. uncoated kraft paper, paperboard rose 32.27 percent compared to last year to $173 million.
- Cotton yarn fell 27.38 percent compared to last year to $83.58 million.
- Synthetic yarn, not retail rose 33.17 percent compared to last year to $80.36 million.
- Pork meat, fresh, frozen or chilled fell 0.21 percent compared to last year to $57.81 million.
- Cotton rose 18.05 percent compared to last year to $53.3 million.
On the import side:
- T-shirts, tank tops, knit or crocheted fell 18.95 percent compared to last year to $254.64 million.
- Bananas and plantains, fresh or dried fell 5.99 percent compared to last year to $189.18 million.
- Sweaters, pullovers, vests, knit or crocheted fell 17.37 percent compared to last year to $146.29 million.
- Men’s or boys’ underwear fell 23.34 percent compared to last year to $85.94 million.
- Insulated wire, cable rose 7.48 percent compared to last year to $82.61 million.
Last year Port of Gulfport, Miss. posted total trade with the world of $2.39 billion. The Port’s deficit was $913.94 million . At the end of the year, the port’s top five trade partners were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $736.98 million and imports came to $1.65 billion.