|3||Wood in the rough, stripped or not of sapwood, etc||$360.1 M|
|5||Petroleum products||$247.37 M|
|7||Scrap iron, steel||$69.61 M|
|8||Soybean oilcake, other solid residue, not ground||$43.35 M|
|9||Misc. clays||$5.7 M|
|10||Paper, uncoated, for writing||$4.71 M|
|1||Petroleum products||$21.11 M|
|2||Misc. iron or steel structures and parts||$11.02 M|
|3||Computer chips||$8.76 M|
|4||Iron ores and concentrates||$7.23 M|
|5||Misc. engines and motors, parts||$5.82 M|
|6||Power supplies, transformers||$4.76 M|
|7||Angles, shapes, sections, iron and nonalloy steel||$4.34 M|
|8||Sodium or potassium hydroxide or peroxide||$3.45 M|
|10||Various forms of salt||$3.19 M|
Port of Longview, Wash.’s trade increases 24.99 percent through October
Port of Longview, Wash.’s trade with the world rose 24.99 percent, from $2.06 billion to $2.58 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 Longview, Wash. ranked No. 114 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. 120. It finished No. 117 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 Longview, Wash.’s top trade parters were No. 1 China, No. 2 Japan, No. 3 South Korea, No. 4 Vietnam and No. 5 Taiwan . Through the same period of the previous year, the top trade partners were held by China, Japan, South Korea, Philippines and Taiwan, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 China fell 27.06 percent to $514.89 million.
Exports fell 25.83 percent to $498 million. Imports fell 51.07 percent to $16.88 million.
- Trade with No. 2 Japan rose 21.16 percent to $462.97 million.
Exports rose 21.15 percent to $462.9 million. Imports rose 464.2 percent to $65,447.
- Trade with No. 3 South Korea rose 56.81 percent to $443.55 million.
Exports rose 60.02 percent to $422.58 million. Imports rose 11.65 percent to $20.98 million.
- Trade with No. 4 Vietnam rose 3459.37 percent to $218.87 million.
Exports rose 3460.47 percent to $218.85 million. Imports rose 376.12 percent to $10,427.
- Trade with No. 5 Taiwan rose 154.85 percent to $209.09 million.
Exports rose 153.85 percent to $207.28 million. Imports rose 365.21 percent to $1.81 million.
Port of Longview, Wash.’s top five trading partners through October accounted for 71.69 percent of its trade with the world.
Port of Longview, Wash. had trade surpluses with 30 countries and deficits with 19 through October. That compares with 32 surpluses and 11 deficits for the same period one year earlier. The top three surpluses through October of this year were with China, $481.12 million; Japan, $462.84 million; and South Korea, $401.6 million. The top three deficits through October of this year were with Germany, $7.18 million; Mexico, $6.45 million; and Norway, $1.36 million.
Through October it’s top exports were Corn; Soybeans; Wood in the rough, stripped or not of sapwood, etc; Wheat; and Petroleum products, in that order. Those accounted for 91.01 percent of its total outbound trade. The Port’s top imports were Petroleum products; Misc. iron or steel structures and parts; Computer chips; Iron ores and concentrates; and Misc. engines and motors, parts, accounting for 66.6 percent of all inbound shipments.
Looking more closely at Port of Longview, Wash.’s exports:
- Corn rose 112.24 percent compared to last year to $775.55 million.
- Soybeans rose 18.13 percent compared to last year to $558.35 million.
- Wood in the rough, stripped or not of sapwood, etc rose 0.74 percent compared to last year to $360.1 million.
- Wheat fell 26.33 percent compared to last year to $332.87 million.
- Petroleum products rose 37.9 percent compared to last year to $247.37 million.
On the import side:
- Petroleum products rose 137.39 percent compared to last year to $21.11 million.
- Misc. iron or steel structures and parts totaled $11.02 million. The previous year, there were no imports in this category.
- Computer chips rose 36216 percent compared to last year to $8.76 million.
- Iron ores and concentrates fell 0.86 percent compared to last year to $7.23 million.
- Misc. engines and motors, parts fell 79.04 percent compared to last year to $5.82 million.
Last year Port of Longview, Wash. posted total trade with the world of $2.72 billion. The Port’s surplus was $2.46 billion . At the end of the year, the port’s top five trade partners were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $2.59 billion and imports came to $130.95 million.