|1||Nylon, polyester, other polyamides||$127.4 M|
|2||Chemical wood pulp, not dissolving grade||$106.3 M|
|3||Gasoline, other fuels||$56.85 M|
|4||Misc. flat rolled steel alloy more than 600mm||$37.7 M|
|5||Wood, sawed or chipped, greater than 6 meters thic||$34.31 M|
|6||Stainless steel, not less than 600mm wide||$29.54 M|
|7||Insulated wire, cable||$24.23 M|
|8||Misc. coloring preparations and materials||$20.82 M|
|9||Poultry, fresh, chilled or frozen||$18.26 M|
|2||Defense-related aircraft, parts||$263.53 M|
|3||Semifinished products of Iron, nonalloy steel||$165.37 M|
|4||Steel ingots||$148.93 M|
|5||Motor vehicle parts||$106.73 M|
|6||Pig iron||$101.05 M|
|7||Chemical wood pulp, not dissolving grade||$100.02 M|
|8||Transmission shafts, bearings, gears||$49.38 M|
|9||Ash and residues, with metal content||$46.38 M|
|10||Machining centers for metal work||$43.07 M|
Port of Mobile, Ala.’s trade increases 20.33 percent through February
Port of Mobile, Ala.’s trade with the world rose 20.33 percent, from $2.54 billion to $3.05 billion 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 Mobile, Ala. ranked No. 47 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 Mobile, Ala.’s top trade parters were No. 1 Mexico, No. 2 South Korea, No. 3 China, No. 4 Brazil and No. 5 Germany . Through the same period of the previous year, the top trade partners were held by Mexico, China, South Korea, Brazil and Iraq, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Mexico rose 15.24 percent to $541.79 million.
Exports fell 10.18 percent to $137.2 million. Imports rose 27.48 percent to $404.59 million.
- Trade with No. 2 South Korea rose 54.85 percent to $458.18 million.
Exports fell 31.85 percent to $34.38 million. Imports rose 72.67 percent to $423.81 million.
- Trade with No. 3 China rose 30.51 percent to $449.34 million.
Exports fell 38.6 percent to $81.77 million. Imports rose 74.11 percent to $367.57 million.
- Trade with No. 4 Brazil rose 62.65 percent to $413.98 million.
Exports fell 1.7 percent to $13.03 million. Imports rose 66.18 percent to $400.95 million.
- Trade with No. 5 Germany rose 22.29 percent to $121.73 million.
Exports rose 21.78 percent to $9.73 million. Imports rose 22.34 percent to $112 million.
Port of Mobile, Ala.’s top five trading partners through February accounted for 65.06 percent of its trade with the world.
Port of Mobile, Ala. had trade surpluses with 66 countries and deficits with 53 through February. That compares with 63 surpluses and 47 deficits for the same period one year earlier. The top three surpluses through February of this year were with Cyprus, $59.34 million; Belgium, $38.72 million; and Jamaica, $29.95 million. The top three deficits through February of this year were with South Korea, $389.43 million; Brazil, $387.91 million; and China, $285.8 million.
Through February it’s top exports were Nylon, polyester, other polyamides; Chemical wood pulp, not dissolving grade; Gasoline, other fuels; Misc. flat rolled steel alloy more than 600mm; and Wood, sawed or chipped, greater than 6 meters thic, in that order. Those accounted for 49.93 percent of its total outbound trade. The Port’s top imports were Oil; Defense-related aircraft, parts; Semifinished products of Iron, nonalloy steel; Steel ingots; and Motor vehicle parts, accounting for 44.39 percent of all inbound shipments.
Looking more closely at Port of Mobile, Ala.’s exports:
- Nylon, polyester, other polyamides rose 22.1 percent compared to last year to $127.4 million.
- Chemical wood pulp, not dissolving grade fell 5.25 percent compared to last year to $106.3 million.
- Gasoline, other fuels rose 149.17 percent compared to last year to $56.85 million.
- Misc. flat rolled steel alloy more than 600mm rose 64.62 percent compared to last year to $37.7 million.
- Wood, sawed or chipped, greater than 6 meters thic fell 14.89 percent compared to last year to $34.31 million.
On the import side:
- Oil fell 28.27 percent compared to last year to $347.64 million.
- Defense-related aircraft, parts rose 83.71 percent compared to last year to $263.53 million.
- Semifinished products of Iron, nonalloy steel rose 32.25 percent compared to last year to $165.37 million.
- Steel ingots rose 115.73 percent compared to last year to $148.93 million.
- Motor vehicle parts rose 63.64 percent compared to last year to $106.73 million.
Last year Port of Mobile, Ala. posted total trade with the world of $13.69 billion. The Port’s deficit was $4.78 billion . At the end of the year, the port’s top five trade partners were Canada, The Netherlands, Iceland, Germany and Norway. Exports totaled $4.46 billion and imports came to $9.24 billion.