Port of Huron, Ohio’s trade decreases 28.44 percent through February

Port of Huron, Ohio’s trade with the world fell 28.44 percent, from $844,937 to $604,639 through the first two 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 $650.55 billion, with exports at $260.05 billion and imports at $390.5 billion. The nation’s total trade increased 1.11 percent compared to the same period last year. Exports rose 2.61 percent and imports rose 0.14 percent.

Port of Huron, Ohio ranked No. 307 for total trade among the nation’s roughly 450 airports, seaports and border crossings through February 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; Port of Newark; John F. Kennedy International Airport and Chicago O’Hare International Airport.

Through February Port of Huron, Ohio’s top trade parters only trade partners were No. 1 Canada and No. 2 China . Through the same period of the previous year, the top trade partners only spots were held by Canada and China, respectively.

Taking a closer look at its leading trade partners:

• Trade with No. 1 Canada fell 28.68 percent to $602,592.
  Exports fell 28.68 percent to $602,592. There were no imports.
• Trade with No. 2 China totaled $2,047.
  There were no exports. Imports totaled $2,047.

Port of Huron, Ohio’s top five trading partners through February accounted for 100 percent of its trade with the world.

Port of Huron, Ohio had trade surpluses with one countries and deficits with one through February. That compares with one surpluses and zero deficits for the same period one year earlier. The top two surpluses through February of this year were with Canada, $602,592; China, $2,047; and . The top two deficits through February of this year were with China $2,047; Canada $602,592; and .

Through February it’s top exports were Plastics; Printers, all types, parts; Vegetable alkaloids, salts, ethers; Padlocks, locks and keys, parts; and Electrical supplies, apparatus, more than 1000V, in that order. Those accounted for 91.62 percent of its total outbound trade. The Port’s top imports were Woven pile, chenille fabrics; Misc. uncoated kraft paper, paperboard; Engine parts; Air conditioning machines; and Machinery for heating and sterilizing, accounting for 100 percent of all inbound shipments.

Looking more closely at Port of Huron, Ohio’s exports:

• Plastics totaled $392,261. The previous year, there were no exports in this category.
• Printers, all types, parts totaled $61,450. The previous year, there were no exports in this category.
• Vegetable alkaloids, salts, ethers totaled $37,507. The previous year, there were no exports in this category.
• Padlocks, locks and keys, parts totaled $35,400. The previous year, there were no exports in this category.
• Electrical supplies, apparatus, more than 1000V totaled $25,463. The previous year, there were no exports in this category.

On the import side:

• Woven pile, chenille fabrics totaled $2,047. The previous year, there were no imports in this category.
• Misc. uncoated kraft paper, paperboard totaled $0. The previous year, there were no imports in this category.
• Engine parts totaled $0. The previous year, there were no imports in this category.
• Air conditioning machines totaled $0. The previous year, there were no imports in this category.
• Machinery for heating and sterilizing totaled $0. The previous year, there were no imports in this category.

Last year Port of Huron, Ohio posted total trade with the world of $5.67 million. The Port’s surplus was $4.65 million . At the end of the year, the port’s top five trade partners were Canada, The Netherlands, Iceland, Germany and Norway. Exports totaled $5.16 million and imports came to $511,333.