|1||Motor vehicles for transporting people||$753.4 M|
|2||Make-up and skin-care products||$583.58 M|
|3||Motor vehicle parts||$562.45 M|
|4||Medicines in individual dosages||$431.61 M|
|5||Paper, paperboard scrap||$353.79 M|
|6||Plastic plates, sheet, film||$304.37 M|
|7||Medical instruments for surgeons, dentists, vets||$274.73 M|
|8||Miscellaneous electrical machinery||$266.51 M|
|9||Prepared foods, beverages||$255.49 M|
|10||Gasoline, other fuels||$249.37 M|
|1||Gasoline, other fuels||$552.48 M|
|3||Medicines in individual dosages||$237.28 M|
|4||Rubber tires||$233.02 M|
|5||Refined copper, alloys, unwrought||$180.89 M|
|6||Medical instruments for surgeons, dentists, vets||$136.43 M|
|7||Furniture, parts||$135.69 M|
|8||Seats, excluding barber, dental||$114.12 M|
|9||Motor vehicle parts||$109.15 M|
|10||Shrimp, other crustaceans||$107.04 M|
Port of New York’s trade decreases 1.92 percent through August
Port of New York’s trade with the world fell 1.92 percent, from $29.26 billion to $28.7 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 New York ranked No. 28 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 New York’s top trade partners were No. 1 China, No. 2 Germany, No. 3 Brazil, No. 4 United Kingdom and No. 5 India. Through the same period of the previous year, the top trade partners were held by China, Germany, United Kingdom, Belgium and Brazil, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 China fell 10.92 percent to $3.11 billion.
Exports fell 14.47 percent to $2.08 billion. Imports fell 2.73 percent to $1.03 billion.
- Trade with No. 2 Germany rose 0.76 percent to $1.91 billion.
Exports fell 3.79 percent to $1.41 billion. Imports rose 16.07 percent to $505.13 million.
- Trade with No. 3 Brazil rose 5.72 percent to $1.64 billion.
Exports fell 4.29 percent to $944.94 million. Imports rose 23.29 percent to $693.5 million.
- Trade with No. 4 United Kingdom fell 2.69 percent to $1.63 billion.
Exports fell 8.9 percent to $1.34 billion. Imports rose 41.54 percent to $292.53 million.
- Trade with No. 5 India rose 10.45 percent to $1.61 billion.
Exports rose 3.89 percent to $1.17 billion. Imports rose 32.76 percent to $439.58 million.
Port of New York’s top five trading partners through August accounted for 34.52 percent of its trade with the world.
Port of New York had trade surpluses with 190 countries and deficits with 21 through August. That compares with 193 surpluses and 20 deficits for the same period one year earlier. The top three surpluses through August of this year were with China, $1.05 billion; United Kingdom, $1.05 billion; and Belgium, $1.02 billion. The top three deficits through August of this year were with Ecuador, $145.03 million; Peru, $87.22 million; and Costa Rica, $80.08 million.
Through August its top exports were Motor vehicles for transporting people; Make-up and skin-care products; Motor vehicle parts; Medicines in individual dosages; and Paper, paperboard scrap, in that order. Those accounted for 12.47 percent of its total outbound trade. The Port’s top imports were Gasoline, other fuels; Coffee; Medicines in individual dosages; Rubber tires; and Refined copper, alloys, unwrought, accounting for 20.35 percent of all inbound shipments.
Looking more closely at Port of New York’s exports:
- Motor vehicles for transporting people fell 1.06 percent compared to last year to $753.4 million.
- Make-up and skin-care products rose 21.2 percent compared to last year to $583.58 million.
- Motor vehicle parts fell 27.04 percent compared to last year to $562.45 million.
- Medicines in individual dosages fell 16.26 percent compared to last year to $431.61 million.
- Paper, paperboard scrap fell 5.24 percent compared to last year to $353.79 million.
On the import side:
- Gasoline, other fuels rose 47.66 percent compared to last year to $552.48 million.
- Coffee rose 3.49 percent compared to last year to $253.88 million.
- Medicines in individual dosages rose 52.17 percent compared to last year to $237.28 million.
- Rubber tires rose 244.69 percent compared to last year to $233.02 million.
- Refined copper, alloys, unwrought rose 9.45 percent compared to last year to $180.89 million.
Last year Port of New York posted total trade with the world of $43.75 billion. The Port’s surplus was $24.44 billion. At the end of the year, the port’s top five trade partners were China, Germany, United Kingdom, India and Belgium. Exports totaled $34.1 billion and imports came to $9.66 billion.