|1||Almonds, walnuts, pistachios, hazelnuts, etc.||$912.58 M|
|2||Beef, fresh or chilled||$252.21 M|
|3||Pork meat, fresh, frozen or chilled||$206.46 M|
|5||Oranges, grapefruit, other citrus||$78.72 M|
|6||Scrap iron, steel||$77.5 M|
|7||Motor vehicles for transporting people||$63.42 M|
|8||Paper, paperboard scrap||$57.11 M|
|10||Cheese and curd||$48.61 M|
|2||Furniture, parts||$149.78 M|
|4||Misc. inorganic compounds||$147.41 M|
|5||Motor vehicles for transporting people||$143.52 M|
|6||Motor vehicle parts||$97.23 M|
|7||Seats, excluding barber, dental||$96.34 M|
|8||Cell phones, related equipment||$95.87 M|
|9||Power supplies, transformers||$95.67 M|
|10||TVs, computer monitors||$84.03 M|
Port of Oakland, Calif.’s trade increases 2.54 percent through February
Port of Oakland, Calif.’s trade with the world rose 2.54 percent, from $7.87 billion to $8.07 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 Oakland, Calif. ranked No. 24 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 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 fell 7.61 percent to $2.32 billion.
Exports fell 19.24 percent to $297.83 million. Imports fell 5.61 percent to $2.02 billion.
- Trade with No. 2 Japan rose 16 percent to $1.11 billion.
Exports rose 0.72 percent to $732.85 million. Imports rose 65.3 percent to $372.7 million.
- Trade with No. 3 South Korea rose 7.41 percent to $603.47 million.
Exports rose 8.36 percent to $330.51 million. Imports rose 6.27 percent to $272.95 million.
- Trade with No. 4 Taiwan rose 32.32 percent to $595.19 million.
Exports fell 17.51 percent to $150.45 million. Imports rose 66.31 percent to $444.74 million.
- Trade with No. 5 Vietnam rose 0.78 percent to $265.14 million.
Exports fell 19.04 percent to $46.58 million. Imports rose 6.33 percent to $218.56 million.
Port of Oakland, Calif.’s top five trading partners through February accounted for 60.58 percent of its trade with the world.
Port of Oakland, Calif. had trade surpluses with 99 countries and deficits with 71 through February. That compares with 101 surpluses and 76 deficits for the same period one year earlier. The top three surpluses through February of this year were with Japan, $360.15 million; United Arab Emirates, $114.28 million; and Hong Kong, $78.29 million. The top three deficits through February of this year were with China, $1.72 billion; Taiwan, $294.29 million; and Vietnam, $171.98 million.
Through February it’s top exports were Almonds, walnuts, pistachios, hazelnuts, etc.; Beef, fresh or chilled; Pork meat, fresh, frozen or chilled; Wine; and Oranges, grapefruit, other citrus, in that order. Those accounted for 47.28 percent of its total outbound trade. The Port’s top imports were Computers; Furniture, parts; Wine; Misc. inorganic compounds; and Motor vehicles for transporting people, accounting for 17.68 percent of all inbound shipments.
Looking more closely at Port of Oakland, Calif.’s exports:
- Almonds, walnuts, pistachios, hazelnuts, etc. rose 7.21 percent compared to last year to $912.58 million.
- Beef, fresh or chilled rose 2.68 percent compared to last year to $252.21 million.
- Pork meat, fresh, frozen or chilled fell 7.84 percent compared to last year to $206.46 million.
- Wine fell 5.36 percent compared to last year to $102.06 million.
- Oranges, grapefruit, other citrus fell 31.58 percent compared to last year to $78.72 million.
On the import side:
- Computers rose 45.87 percent compared to last year to $257.64 million.
- Furniture, parts fell 10.06 percent compared to last year to $149.78 million.
- Wine fell 11.33 percent compared to last year to $148.01 million.
- Misc. inorganic compounds rose 1221.92 percent compared to last year to $147.41 million.
- Motor vehicles for transporting people fell 26.81 percent compared to last year to $143.52 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, The Netherlands, Iceland, Germany and Norway. Exports totaled $18.76 billion and imports came to $30.22 billion.