|1||Civilian aircraft, parts||$4.66 M|
|2||Catalytic converters, air filters, oil filers, etc||$1.34 M|
|3||Medical instruments||$1.22 M|
|5||Transmission shafts, bearings, gears||$696,871|
|6||Insulated wire, cable||$557,838|
|7||Parts for heavy machinery||$544,926|
|8||Electrical boards, panels and switches||$381,385|
|9||Misc. plastic plates, sheets and film||$357,370|
|10||Electrical supplies, apparatus, less than 1000V||$233,834|
|1||Various forms of salt||$11.12 M|
|2||Transmission shafts, bearings, gears||$10.67 M|
|3||Flat-rolled iron, steel not under 600 mm||$9.56 M|
|4||Motor vehicle parts||$7.54 M|
|5||Internal combustion engines||$4.34 M|
|6||Pumps for dispensing liquids||$1.39 M|
|7||Electric motors, generators, not sets||$954,574|
|8||Electrical boards, panels and switches||$841,454|
|9||Taps, cocks and valves for pipes, tanks||$831,366|
Port of Milwaukee, Wisc.’s trade increases 0.58 percent through March
Port of Milwaukee, Wisc.’s trade with the world rose 0.58 percent, from $51.34 million to $51.64 million through the first three 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 $964.77 billion, with exports at $395.69 billion and imports at $569.09 billion. The nation’s total trade decreased 4.16 percent compared to the same period last year. Exports fell 3.07 percent and imports fell 4.91 percent.
Port of Milwaukee, Wisc. ranked No. 198 for total trade among the nation’s roughly 450 airports, seaports and border crossings through March 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; John F. Kennedy International Airport and Port of Newark.
Through March Port of Milwaukee, Wisc.’s top trade partners were No. 1 Canada, No. 2 Italy, No. 3 China, No. 4 Kenya and No. 5 Mexico. Through the same period of the previous year, the top trade partners were held by Italy, Canada, China, Mexico and Germany, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Canada rose 38.22 percent to $15.16 million.
Exports rose 185.92 percent to $2.84 million. Imports rose 23.51 percent to $12.32 million.
- Trade with No. 2 Italy fell 22.2 percent to $12.31 million.
Exports rose 135.23 percent to $201,683. Imports fell 23.06 percent to $12.11 million.
- Trade with No. 3 China fell 1.74 percent to $7.99 million.
Exports fell 99.55 percent to $2,807. Imports rose 6.47 percent to $7.99 million.
- Trade with No. 4 Kenya totaled $4.6 million.
Exports totaled $4.6 million. There were no imports.
- Trade with No. 5 Mexico fell 14.44 percent to $4.51 million.
Exports rose 5093.28 percent to $1.83 million. Imports fell 48.86 percent to $2.68 million.
Port of Milwaukee, Wisc.’s top five trading partners through March accounted for 86.3 percent of its trade with the world.
Port of Milwaukee, Wisc. had trade surpluses with 21 countries and deficits with 29 through March. That compares with 17 surpluses and 27 deficits for the same period one year earlier. The top three surpluses through March of this year were with Kenya, $4.6 million; Iceland, $185,280; and Vietnam, $121,121. The top three deficits through March of this year were with Italy, $11.9 million; Canada, $9.48 million; and China, $7.99 million.
Through March its top exports were Civilian aircraft, parts; Catalytic converters, air filters, oil filers, etc.; Medical instruments; Gold; and Insulated wire, cable, in that order. Those accounted for 75.63 percent of its total outbound trade. The Port’s top imports were Various forms of salt; Transmission shafts, bearings, gears; Motor vehicle parts; Internal combustion engines; and Pumps for dispensing liquids, accounting for 77.72 percent of all inbound shipments.
Looking more closely at Port of Milwaukee, Wisc.’s exports:
- Civilian aircraft, parts rose 8892.81 percent compared to last year to $4.64 million.
- Catalytic converters, air filters, oil filers, etc. totaled $1.32 million. The previous year, there were no exports in this category.
- Medical instruments fell 57.48 percent compared to last year to $1.11 million.
- Gold totaled $799,563. The previous year, there were no exports in this category.
- Insulated wire, cable rose 5947.7 percent compared to last year to $551,248.
On the import side:
- Various forms of salt rose 15.49 percent compared to last year to $10.28 million.
- Transmission shafts, bearings, gears fell 30.89 percent compared to last year to $8.85 million.
- Motor vehicle parts fell 8.7 percent compared to last year to $7.07 million.
- Internal combustion engines fell 24.04 percent compared to last year to $3.9 million.
- Pumps for dispensing liquids rose 80.4 percent compared to last year to $1.38 million.
Last year Port of Milwaukee, Wisc. posted total trade with the world of $423.66 million. The Port’s deficit was $289.82 million. Exports totaled $66.92 million and imports came to $356.74 million.