|1||Passenger vehicles||$530.41 M|
|2||Regional aircraft, satellites, etc.||$342.15 M|
|3||Motor vehicle parts||$107.27 M|
|4||Insecticides, fungicides||$75.11 M|
|5||Commercial vehicles||$61.54 M|
|6||Chemical wood pulp, dissolving grades||$45.9 M|
|7||Catalytic converters, air filters, oil filters, et||$36.89 M|
|8||Transmission shafts, bearings, gears||$32.66 M|
|9||Heterocyclic chemical compounds||$31.95 M|
|10||Parts for heavy machinery||$30.46 M|
|1||Passenger vehicles||$3.43 B|
|2||Gasoline, other fuels||$184.29 M|
|3||Travel goods, including handbags, wallets, jewelry||$164.7 M|
|4||Commercial vehicles||$160.45 M|
|5||Medical instruments||$137.53 M|
|6||Rubber tires||$104.85 M|
|7||Paper and paperboard, coated with kaolin||$94.12 M|
|8||Furniture, parts||$81.19 M|
|9||Photo-sensitive semi-conductors, parts||$79.13 M|
Port of Jacksonville, Fla.’s trade decreases 26.26 percent through May
Port of Jacksonville, Fla.’s trade with the world fell 26.26 percent, from $11.79 billion to $8.69 billion 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 Jacksonville, Fla. ranked No. 35 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 Jacksonville, Fla.’s top trade partners were No. 1 Japan, No. 2 Brazil, No. 3 China, No. 4 Mexico and No. 5 Germany. Through the same period of the previous year, the top trade partners were held by Japan, Mexico, Brazil, China and Germany, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Japan fell 19.94 percent to $2.41 billion.
Exports fell 86.07 percent to $387.75 million. Imports rose 810.45 percent to $2.02 billion.
- Trade with No. 2 Brazil fell 14.3 percent to $967.05 million.
Exports rose 92.19 percent to $726.74 million. Imports fell 67.97 percent to $240.32 million.
- Trade with No. 3 China fell 31.68 percent to $692.34 million.
Exports fell 92.6 percent to $67.69 million. Imports rose 532.65 percent to $624.66 million.
- Trade with No. 4 Mexico fell 46.13 percent to $651.57 million.
Exports fell 99.93 percent to $847,731. Imports rose 5307.71 percent to $650.72 million.
- Trade with No. 5 Germany fell 30.43 percent to $491.6 million.
Exports fell 99.12 percent to $6.13 million. Imports rose 4647.53 percent to $485.47 million.
Port of Jacksonville, Fla.’s top five trading partners through May accounted for 59.91 percent of its trade with the world.
Port of Jacksonville, Fla. had trade surpluses with 96 countries and deficits with 57 through May. That compares with 59 surpluses and 109 deficits for the same period one year earlier. The top three surpluses through May of this year were with Brazil, $486.42 million; United Arab Emirates, $161.27 million; and Argentina, $118.66 million. The top three deficits through May of this year were with Japan, $1.63 billion; Mexico, $649.87 million; and China, $556.97 million.
Through May its top exports were Passenger vehicles; Satellites, related equipment; Motor vehicle parts; Insecticides, fungicides; and Commercial vehicles, in that order. Those accounted for 46.49 percent of its total outbound trade. The Port’s top imports were Passenger vehicles; Gasoline, other fuels; Travel goods, including handbags, wallets, jewelry; Commercial vehicles; and Medical instruments, accounting for 64.87 percent of all inbound shipments.
Looking more closely at Port of Jacksonville, Fla.’s exports:
- Passenger vehicles fell 42.8 percent compared to last year to $530.41 million.
- Satellites, related equipment rose 85.65 percent compared to last year to $342.15 million.
- Motor vehicle parts fell 15.84 percent compared to last year to $107.27 million.
- Insecticides, fungicides rose 2.96 percent compared to last year to $75.11 million.
- Commercial vehicles fell 12.24 percent compared to last year to $61.54 million.
On the import side:
- Passenger vehicles fell 31.67 percent compared to last year to $3.43 billion.
- Gasoline, other fuels fell 46.74 percent compared to last year to $184.29 million.
- Travel goods, including handbags, wallets, jewelry fell 2.78 percent compared to last year to $164.7 million.
- Commercial vehicles fell 38.78 percent compared to last year to $160.45 million.
- Medical instruments rose 32.53 percent compared to last year to $137.53 million.
Last year Port of Jacksonville, Fla. posted total trade with the world of $27.15 billion. The Port’s deficit was $13.98 billion. Exports totaled $6.59 billion and imports came to $20.56 billion.