|1||Almonds, walnuts, pistachios, hazelnuts, etc.||$3.52 B|
|2||Beef, fresh or chilled||$1.45 B|
|3||Pork meat, fresh, frozen or chilled||$1.08 B|
|5||Scrap iron, steel||$389.8 M|
|6||X-ray apparatus||$309.33 M|
|7||Paper, paperboard scrap||$282.44 M|
|8||Oranges, grapefruit, other citrus||$282.05 M|
|9||Motor vehicles for transporting people||$276.9 M|
|10||Grapes, fresh or dried||$271.17 M|
|1||Motor vehicles for transporting people||$919.11 M|
|4||Furniture, parts||$812.24 M|
|5||Computer parts||$587.13 M|
|6||Seats, excluding barber, dental||$499.4 M|
|7||Power supplies, transformers||$489.22 M|
|8||Cell phones, related equipment||$470.25 M|
|10||Motor vehicle parts||$447.62 M|
Port of Oakland, Calif.’s trade increases 3.27 percent through October
Port of Oakland, Calif.’s trade with the world rose 3.27 percent, from $39.63 billion to $40.93 billion through the first 10 months of 2018 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 $3.51 trillion, with exports at $1.39 trillion and imports at $2.12 trillion. The nation’s total trade increased 9.25 percent compared to the same period last year. Exports rose 8.95 percent and imports rose 9.44 percent.
Port of Oakland, Calif. ranked No. 25 for total trade among the nation’s roughly 450 airports, seaports and border crossings through October of 2018. During the same period of 2017 it ranked No. 25. It finished No. 25 in the last full year.
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 October Port of Oakland, Calif.’s top trade parters were No. 1 China, No. 2 Japan, No. 3 South Korea, No. 4 Taiwan and No. 5 Vietnam . Through the same period of the previous year, the top trade partners were held by China, Japan, South Korea, Taiwan and Vietnam, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 China rose 3.25 percent to $12.84 billion.
Exports fell 0.24 percent to $1.99 billion. Imports rose 3.91 percent to $10.85 billion.
- Trade with No. 2 Japan fell 3.98 percent to $5.16 billion.
Exports rose 5.29 percent to $3.61 billion. Imports fell 20.3 percent to $1.55 billion.
- Trade with No. 3 South Korea rose 16.8 percent to $2.87 billion.
Exports rose 8.78 percent to $1.46 billion. Imports rose 26.54 percent to $1.4 billion.
- Trade with No. 4 Taiwan rose 10.5 percent to $2.48 billion.
Exports rose 21.21 percent to $1.06 billion. Imports rose 3.69 percent to $1.42 billion.
- Trade with No. 5 Vietnam rose 16.98 percent to $1.37 billion.
Exports rose 53.44 percent to $424.62 million. Imports rose 5.69 percent to $944.77 million.
Port of Oakland, Calif.’s top five trading partners through October accounted for 60.38 percent of its trade with the world.
Port of Oakland, Calif. had trade surpluses with 113 countries and deficits with 87 through October. That compares with 112 surpluses and 87 deficits for the same period one year earlier. The top three surpluses through October of this year were with Japan, $2.06 billion; Hong Kong, $547.54 million; and The Netherlands, $274.42 million. The top three deficits through October of this year were with China, $8.86 billion; France, $558.38 million; and Thailand, $530.75 million.
Through October it’s top exports were Almonds, walnuts, pistachios, hazelnuts, etc.; Beef, fresh or chilled; Pork meat, fresh, frozen or chilled; Wine; and Scrap iron, steel, in that order. Those accounted for 43.76 percent of its total outbound trade. The Port’s top imports were Motor vehicles for transporting people; Computers; Wine; Furniture, parts; and Computer parts, accounting for 16.36 percent of all inbound shipments.
Looking more closely at Port of Oakland, Calif.’s exports:
- Almonds, walnuts, pistachios, hazelnuts, etc. rose 2.07 percent compared to last year to $3.52 billion.
- Beef, fresh or chilled rose 12.8 percent compared to last year to $1.45 billion.
- Pork meat, fresh, frozen or chilled rose 5.72 percent compared to last year to $1.08 billion.
- Wine fell 9.62 percent compared to last year to $626.46 million.
- Scrap iron, steel rose 43.61 percent compared to last year to $389.8 million.
On the import side:
- Motor vehicles for transporting people fell 7.92 percent compared to last year to $919.11 million.
- Computers fell 10.99 percent compared to last year to $883.18 million.
- Wine rose 4.32 percent compared to last year to $848.68 million.
- Furniture, parts rose 1.13 percent compared to last year to $812.24 million.
- Computer parts fell 18.5 percent compared to last year to $587.13 million.
Last year Port of Oakland, Calif. posted total trade with the world of $48.98 billion. The Port’s deficit was $11.45 billion . At the end of the year, the port’s top five trade partners were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $18.76 billion and imports came to $30.22 billion.