|3||Wood in the rough, stripped or not of sapwood, etc||$45.87 M|
|5||Petroleum products||$39.93 M|
|7||Soybean oilcake, other solid residue, not ground||$14.38 M|
|8||Flour, meal of oil seed, olea fruit||$6.9 M|
|9||Scrap iron, steel||$4.16 M|
|10||Grain sorghum||$1.93 M|
|1||Petroleum products||$5.81 M|
|2||Angles, shapes, sections, iron and nonalloy steel||$2.58 M|
|3||Various forms of salt||$1.02 M|
|4||Misc. iron or steel structures and parts||$871,916|
|6||Cell phones, related equipment||$74,820|
|8||Misc. iron and steel articles||$53,110|
|9||Value added to a returned import||$35,117|
|10||Electrical boards, panels and switches||$17,200|
Port of Longview, Wash.’s trade decreases 30.39 percent through February
Port of Longview, Wash.’s trade with the world fell 30.39 percent, from $527.21 million to $366.98 million 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 Longview, Wash. ranked No. 119 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 Longview, Wash.’s top trade parters were No. 1 China, No. 2 South Korea, No. 3 Japan, No. 4 Taiwan and No. 5 Philippines . Through the same period of the previous year, the top trade partners were held by China, Japan, South Korea, Philippines and Brazil, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 China fell 60.42 percent to $108.5 million.
Exports fell 60.19 percent to $108.48 million. Imports fell 98.65 percent to $22,270.
- Trade with No. 2 South Korea rose 34.94 percent to $67.33 million.
Exports rose 27.91 percent to $63.82 million. Imports totaled $3.51 million.
- Trade with No. 3 Japan fell 49.86 percent to $44.42 million.
Exports fell 49.85 percent to $44.42 million. There were no imports.
- Trade with No. 4 Taiwan rose 56.73 percent to $23.52 million.
Exports rose 56.73 percent to $23.52 million. There were no imports.
- Trade with No. 5 Philippines fell 25.55 percent to $22.73 million.
Exports fell 25.55 percent to $22.73 million. There were no imports.
Port of Longview, Wash.’s top five trading partners through February accounted for 72.62 percent of its trade with the world.
Port of Longview, Wash. had trade surpluses with 21 countries and deficits with seven through February. That compares with 15 surpluses and 12 deficits for the same period one year earlier. The top three surpluses through February of this year were with China, $108.46 million; South Korea, $60.31 million; and Japan, $44.42 million. The top three deficits through February of this year were with United Kingdom, $5.82 million; Mexico, $1.26 million; and Kuwait, $21,037.
Through February it’s top exports were Soybeans; Wheat; Wood in the rough, stripped or not of sapwood, etc; Corn; and Petroleum products, in that order. Those accounted for 85.99 percent of its total outbound trade. The Port’s top imports were Petroleum products; Angles, shapes, sections, iron and nonalloy steel; Various forms of salt; Misc. iron or steel structures and parts; and Gypsum, accounting for 97.27 percent of all inbound shipments.
Looking more closely at Port of Longview, Wash.’s exports:
- Soybeans fell 56.03 percent compared to last year to $113.39 million.
- Wheat rose 73.44 percent compared to last year to $64.74 million.
- Wood in the rough, stripped or not of sapwood, etc fell 40.59 percent compared to last year to $45.87 million.
- Corn fell 33.84 percent compared to last year to $42.41 million.
- Petroleum products rose 13.68 percent compared to last year to $39.93 million.
On the import side:
- Petroleum products fell 24.94 percent compared to last year to $5.81 million.
- Angles, shapes, sections, iron and nonalloy steel totaled $2.58 million. The previous year, there were no imports in this category.
- Various forms of salt rose 1.49 percent compared to last year to $1.02 million.
- Misc. iron or steel structures and parts totaled $871,916. The previous year, there were no imports in this category.
- Gypsum fell 72.3 percent compared to last year to $163,366.
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, The Netherlands, Iceland, Germany and Norway. Exports totaled $2.59 billion and imports came to $130.95 million.