|1||Wood in the rough, stripped or not of sapwood, etc||$45.76 M|
|3||Cell phones, related equipment||$456,117|
|6||Medical equipment for physicals||$298,481|
|7||Printers, all types, parts||$279,170|
|8||Glass fibers, glass yarn||$220,463|
|9||Vessels for transporting more than 10 people||$172,000|
|1||Gasoline, other fuels||$49.91 M|
|2||Motorboats and yachts||$433,513|
|3||Value added to a returned import||$399,511|
|4||Cranes, derricks, industrial-use vehicles||$348,351|
|5||Returned exports, with change||$182,444|
|6||Aluminum foil, less than 0.2 mm thick||$113,939|
|7||Aluminum plates, sheets, strip more than 0.2mm thi||$102,967|
|8||Poultry incubators, equipment||$65,000|
|9||Defense-related aircraft, parts||$50,000|
|10||Fish, fresh or chilled||$45,793|
Port of Ketchikan, Alaska’s trade increases 26.21 percent through October
Port of Ketchikan, Alaska’s trade with the world rose 26.21 percent, from $80.73 million to $101.89 million 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 Ketchikan, Alaska ranked No. 219 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. 231. It finished No. 228 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 Ketchikan, Alaska’s top trade parters were No. 1 Canada, No. 2 China, No. 3 Japan, No. 4 South Korea and No. 5 Saint Maarten . Through the same period of the previous year, the top trade partners were held by Canada, China, Japan, South Korea and Germany, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Canada rose 20.5 percent to $58.31 million.
Exports rose 3.02 percent to $6.97 million. Imports rose 23.34 percent to $51.34 million.
- Trade with No. 2 China rose 89.19 percent to $29.26 million.
Exports rose 90.19 percent to $29.18 million. Imports fell 32.75 percent to $84,229.
- Trade with No. 3 Japan rose 33.67 percent to $10.99 million.
Exports rose 32.83 percent to $10.92 million. Imports totaled $69,300.
- Trade with No. 4 South Korea fell 65.45 percent to $1.82 million.
Exports fell 65.45 percent to $1.82 million. There were no imports.
- Trade with No. 5 Saint Maarten rose 230.67 percent to $818,134.
Exports rose 230.67 percent to $818,134. There were no imports.
Port of Ketchikan, Alaska’s top five trading partners through October accounted for 99.33 percent of its trade with the world.
Port of Ketchikan, Alaska had trade surpluses with six countries and deficits with three through October. That compares with nine surpluses and six deficits for the same period one year earlier. The top three surpluses through October of this year were with China, $29.09 million; Japan, $10.85 million; and South Korea, $1.82 million. The top three deficits through October of this year were with Canada, $44.37 million; Thailand, $216,906; and France, $61,420.
Through October it’s top exports were Wood in the rough, stripped or not of sapwood, etc; Jewelry, parts; Cell phones, related equipment; Frozen fish; and Miscellaneous machinery, in that order. Those accounted for 95.52 percent of its total outbound trade. The Port’s top imports were Gasoline, other fuels; Motorboats and yachts; Value added to a returned import; Cranes, derricks, industrial-use vehicles; and Returned exports, with change, accounting for 99.03 percent of all inbound shipments.
Looking more closely at Port of Ketchikan, Alaska’s exports:
- Wood in the rough, stripped or not of sapwood, etc rose 50.03 percent compared to last year to $45.76 million.
- Jewelry, parts rose 249.01 percent compared to last year to $818,134.
- Cell phones, related equipment rose 105.48 percent compared to last year to $456,117.
- Frozen fish fell 53.18 percent compared to last year to $425,341.
- Miscellaneous machinery totaled $417,142. The previous year, there were no exports in this category.
On the import side:
- Gasoline, other fuels rose 21.22 percent compared to last year to $49.91 million.
- Motorboats and yachts rose 66.91 percent compared to last year to $433,513.
- Value added to a returned import rose 113.25 percent compared to last year to $399,511.
- Cranes, derricks, industrial-use vehicles totaled $348,351. The previous year, there were no imports in this category.
- Returned exports, with change totaled $182,444. The previous year, there were no imports in this category.
Last year Port of Ketchikan, Alaska posted total trade with the world of $114.02 million. The Port’s surplus was $34.81 million . At the end of the year, the port’s top five trade partners were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $74.42 million and imports came to $39.6 million.