|1||Gasoline, other fuels||$113.87 M|
|2||Scrap iron, steel||$27.67 M|
|3||Natural waters||$9.84 M|
|4||Petroleum products||$9.12 M|
|5||Aluminum waste and scrap||$7.25 M|
|6||Paper, paperboard scrap||$6.09 M|
|7||Fruit and vegetable juices, not fortified||$4.66 M|
|8||Chocolate and other food products containing cocoa||$3.65 M|
|9||Copper waste and scrap||$3.46 M|
|10||Chicken and other poultry||$2.84 M|
|2||Gasoline, other fuels||$561.51 M|
|3||Motor vehicles for transporting people||$188.03 M|
|4||Coal, briquettes||$28.13 M|
|5||Furniture, parts||$25.76 M|
|6||Ship's derricks, cranes, mobile lifting frames||$23.88 M|
|7||Fish fillets, chilled or frozen||$13.97 M|
|8||Petroleum gases, other gaseous hydrocarbons||$13.39 M|
|9||Bit Mix Fr Nat Asph, Nat Bit,Pet Bit,Min Tar 2715||$13.05 M|
|10||Electric storage batteries||$12.26 M|
Port of Honolulu, Hawaii’s trade decreases 14.51 percent through August
Port of Honolulu, Hawaii’s trade with the world fell 14.51 percent, from $2.94 billion to $2.51 billion 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 Honolulu, Hawaii ranked No. 103 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 Honolulu, Hawaii’s top trade partners were No. 1 Libya, No. 2 Japan, No. 3 South Korea, No. 4 Russia and No. 5 China. Through the same period of the previous year, the top trade partners were held by Indonesia, Japan, Libya, Russia and South Korea, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Libya rose 109.04 percent to $655.03 million.
There were no exports. Imports rose 109.04 percent to $655.03 million.
- Trade with No. 2 Japan rose 35.1 percent to $493.93 million.
Exports rose 112.66 percent to $38.41 million. Imports rose 31.07 percent to $455.51 million.
- Trade with No. 3 South Korea rose 95.17 percent to $460.35 million.
Exports fell 54.58 percent to $60.31 million. Imports rose 288.08 percent to $400.04 million.
- Trade with No. 4 Russia rose 21.38 percent to $320.38 million.
There were no exports. Imports rose 21.52 percent to $320.38 million.
- Trade with No. 5 China fell 40.74 percent to $120.81 million.
Exports fell 41.48 percent to $5.5 million. Imports fell 40.7 percent to $115.31 million.
Port of Honolulu, Hawaii’s top five trading partners through August accounted for 81.71 percent of its trade with the world.
Port of Honolulu, Hawaii had trade surpluses with 21 countries and deficits with 52 through August. That compares with 22 surpluses and 53 deficits for the same period one year earlier. The top three surpluses through August of this year were with Singapore, $38.12 million; India, $6.26 million; and Malaysia, $4.94 million. The top three deficits through August of this year were with Libya, $655.03 million; Japan, $417.1 million; and South Korea, $339.73 million.
Through August its top exports were Gasoline, other fuels; Scrap iron, steel; Natural waters; Petroleum products; and Aluminum waste and scrap, in that order. Those accounted for 78.5 percent of its total outbound trade. The Port’s top imports were Oil; Gasoline, other fuels; Motor vehicles for transporting people; Coal, briquettes; and Furniture, parts, accounting for 83.14 percent of all inbound shipments.
Looking more closely at Port of Honolulu, Hawaii’s exports:
- Gasoline, other fuels fell 47.65 percent compared to last year to $113.87 million.
- Scrap iron, steel fell 17.94 percent compared to last year to $27.67 million.
- Natural waters rose 1.07 percent compared to last year to $9.84 million.
- Petroleum products totaled $9.12 million. The previous year, there were no exports in this category.
- Aluminum waste and scrap fell 22.65 percent compared to last year to $7.25 million.
On the import side:
- Oil fell 34.74 percent compared to last year to $1.11 billion.
- Gasoline, other fuels rose 118.37 percent compared to last year to $561.51 million.
- Motor vehicles for transporting people rose 7.04 percent compared to last year to $188.03 million.
- Coal, briquettes fell 28.48 percent compared to last year to $28.13 million.
- Furniture, parts fell 11.85 percent compared to last year to $25.76 million.
Last year Port of Honolulu, Hawaii posted total trade with the world of $4.12 billion. The Port’s deficit was $3.24 billion. At the end of the year, the port’s top five trade partners were Indonesia, Japan, Libya, Russia and South Korea. Exports totaled $437.62 million and imports came to $3.68 billion.