|1||Motor vehicles for transporting people||$153.43 M|
|2||Motor vehicle parts||$140.2 M|
|3||Make-up and skin-care products||$110.56 M|
|4||Paper, paperboard scrap||$92.53 M|
|5||Medicines in individual dosages||$87.67 M|
|6||Plastic plates, sheet, film||$72.29 M|
|7||Anti-knock additives||$71.81 M|
|8||Gasoline, other fuels||$67.01 M|
|9||Binders for found molds; chemical products||$60.5 M|
|10||Polyethers, epoxides and polyesters, primary forms||$58.94 M|
|1||Gasoline, other fuels||$250.94 M|
|3||Refined copper, alloys, unwrought||$44.72 M|
|4||Motor vehicles for transporting people||$40.98 M|
|5||Rubber tires||$38.61 M|
|6||Furniture, parts||$36.21 M|
|7||Seats, excluding barber, dental||$28.62 M|
|8||Rum, gin, vodka, other liquors||$27.34 M|
|9||Medicines in individual dosages||$24.38 M|
|10||Lamp and lighting parts||$23.83 M|
Port of New York’s trade increases 1.79 percent through February
Port of New York’s trade with the world rose 1.79 percent, from $6.64 billion to $6.76 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 New York ranked No. 28 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 New York’s top trade parters were No. 1 China, No. 2 India, No. 3 Germany, No. 4 United Kingdom and No. 5 Brazil . Through the same period of the previous year, the top trade partners were held by China, Germany, Belgium, United Kingdom and India, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 China fell 7.39 percent to $722.65 million.
Exports fell 11.61 percent to $442.61 million. Imports rose 0.17 percent to $280.04 million.
- Trade with No. 2 India rose 34.98 percent to $468.85 million.
Exports rose 35.09 percent to $295.7 million. Imports rose 34.79 percent to $173.15 million.
- Trade with No. 3 Germany fell 3.31 percent to $430.86 million.
Exports fell 3.03 percent to $320.08 million. Imports fell 4.12 percent to $110.79 million.
- Trade with No. 4 United Kingdom rose 14.34 percent to $398.12 million.
Exports rose 3.24 percent to $312.9 million. Imports rose 88.95 percent to $85.22 million.
- Trade with No. 5 Brazil rose 11.13 percent to $385.33 million.
Exports rose 10 percent to $226.27 million. Imports rose 12.76 percent to $159.07 million.
Port of New York’s top five trading partners through February accounted for 35.58 percent of its trade with the world.
Port of New York had trade surpluses with 171 countries and deficits with 19 through February. That compares with 179 surpluses and 20 deficits for the same period one year earlier. The top three surpluses through February of this year were with Belgium, $253.68 million; United Kingdom, $227.68 million; and Germany, $209.29 million. The top three deficits through February of this year were with Peru, $38.35 million; Ecuador, $33.07 million; and Colombia, $18.42 million.
Through February it’s top exports were Motor vehicles for transporting people; Motor vehicle parts; Make-up and skin-care products; Paper, paperboard scrap; and Medicines in individual dosages, in that order. Those accounted for 11.78 percent of its total outbound trade. The Port’s top imports were Gasoline, other fuels; Coffee; Refined copper, alloys, unwrought; Motor vehicles for transporting people; and Rubber tires, accounting for 24.46 percent of all inbound shipments.
Looking more closely at Port of New York’s exports:
- Motor vehicles for transporting people fell 9.18 percent compared to last year to $153.43 million.
- Motor vehicle parts rose 7.47 percent compared to last year to $140.2 million.
- Make-up and skin-care products rose 14.09 percent compared to last year to $110.56 million.
- Paper, paperboard scrap rose 8.68 percent compared to last year to $92.53 million.
- Medicines in individual dosages fell 17.2 percent compared to last year to $87.67 million.
On the import side:
- Gasoline, other fuels rose 62.69 percent compared to last year to $250.94 million.
- Coffee fell 1.32 percent compared to last year to $65.84 million.
- Refined copper, alloys, unwrought rose 89.95 percent compared to last year to $44.72 million.
- Motor vehicles for transporting people fell 47.81 percent compared to last year to $40.98 million.
- Rubber tires rose 262.98 percent compared to last year to $38.61 million.
Last year Port of New York posted total trade with the world of $41 billion. The Port’s surplus was $23.38 billion . At the end of the year, the port’s top five trade partners were Canada, The Netherlands, Iceland, Germany and Norway. Exports totaled $32.19 billion and imports came to $8.81 billion.