|4||Petroleum products||$212.85 M|
|5||Wood in the rough, stripped or not of sapwood, etc||$195.79 M|
|7||Scrap iron, steel||$41.8 M|
|8||Soybean oilcake, other solid residue, not ground||$35.17 M|
|9||Flour, meal of oil seed, olea fruit||$6.9 M|
|10||Grain sorghum||$5.87 M|
|1||Petroleum products||$12.68 M|
|2||Misc. iron or steel structures and parts||$10.1 M|
|3||Angles, shapes, sections, iron and nonalloy steel||$6.92 M|
|4||Misc. engines and motors, parts||$6.17 M|
|6||Power supplies, transformers||$2.93 M|
|7||Various forms of salt||$2.91 M|
|8||Misc. iron and steel articles||$2.12 M|
|10||Iron ores and concentrates||$1.18 M|
Port of Longview, Wash.’s trade decreases 33.4 percent through August
Port of Longview, Wash.’s trade with the world fell 33.4 percent, from $2.17 billion to $1.45 billion through the first eight 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 $2.77 trillion, with exports at $1.1 trillion and imports at $1.67 trillion. The nation’s total trade decreased 0.32 percent compared to the same period last year. Exports fell 0.71 percent and imports fell 0.07 percent.
Port of Longview, Wash. ranked No. 126 for total trade among the nation’s roughly 450 airports, seaports and border crossings through August 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; Chicago O’Hare International Airport; Port of Newark and John F. Kennedy International Airport.
Through August Port of Longview, Wash.’s top trade partners were No. 1 China, No. 2 South Korea, No. 3 Japan, No. 4 Philippines and No. 5 Indonesia. Through the same period of the previous year, the top trade partners were held by China, Japan, South Korea, Taiwan and Philippines, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 China fell 43.03 percent to $288.05 million.
Exports fell 42.79 percent to $279.62 million. Imports fell 49.85 percent to $8.43 million.
- Trade with No. 2 South Korea fell 26.12 percent to $275.94 million.
Exports fell 27.51 percent to $255.54 million. Imports fell 2.74 percent to $20.4 million.
- Trade with No. 3 Japan fell 36 percent to $256.04 million.
Exports fell 36.03 percent to $255.91 million. Imports rose 416.01 percent to $123,857.
- Trade with No. 4 Philippines fell 21.3 percent to $129.96 million.
Exports fell 21.31 percent to $129.94 million. Imports totaled $23,169.
- Trade with No. 5 Indonesia rose 110.21 percent to $59.74 million.
Exports rose 110.15 percent to $59.72 million. Imports totaled $15,091.
Port of Longview, Wash.’s top five trading partners through August accounted for 69.82 percent of its trade with the world.
Port of Longview, Wash. had trade surpluses with 29 countries and deficits with 14 through August. That compares with 28 surpluses and 18 deficits for the same period one year earlier. The top three surpluses through August of this year were with China, $271.2 million; Japan, $255.79 million; and South Korea, $235.13 million. The top three deficits through August of this year were with United Kingdom, $6.22 million; Mexico, $6.13 million; and Denmark, $3.27 million.
Through August its top exports were Wheat; Soybeans; Corn; Petroleum products; and Wood in the rough, stripped or not of sapwood, etc, in that order. Those accounted for 86.7 percent of its total outbound trade. The Port’s top imports were Petroleum products; Misc. iron or steel structures and parts; Angles, shapes, sections, iron and nonalloy steel; Misc. engines and motors, parts; and Gypsum, accounting for 71.97 percent of all inbound shipments.
Looking more closely at Port of Longview, Wash.’s exports:
- Wheat rose 3.61 percent compared to last year to $310.99 million.
- Soybeans fell 44.31 percent compared to last year to $256.05 million.
- Corn fell 65.98 percent compared to last year to $231.17 million.
- Petroleum products rose 10.99 percent compared to last year to $212.85 million.
- Wood in the rough, stripped or not of sapwood, etc fell 34.41 percent compared to last year to $195.79 million.
On the import side:
- Petroleum products rose 3.51 percent compared to last year to $12.68 million.
- Misc. iron or steel structures and parts fell 8.38 percent compared to last year to $10.1 million.
- Angles, shapes, sections, iron and nonalloy steel rose 59.56 percent compared to last year to $6.92 million.
- Misc. engines and motors, parts rose 6.14 percent compared to last year to $6.17 million.
- Gypsum rose 14.93 percent compared to last year to $3.13 million.
Last year Port of Longview, Wash. posted total trade with the world of $2.99 billion. The Port’s surplus was $2.82 billion. At the end of the year, the port’s top five trade partners were China, Japan, South Korea, Taiwan and Philippines. Exports totaled $2.9 billion and imports came to $83.57 million.