|1||Fuel wood in logs, chips||$93.33 M|
|2||Misc. uncoated kraft paper, paperboard||$50.27 M|
|3||Civilian aircraft, parts||$26.05 M|
|4||Chemical wood pulp, not dissolving grade||$22.01 M|
|5||Uncoated paper, paperboard||$12.11 M|
|6||Motorboats and yachts||$6.81 M|
|7||Misc. knitted or crocheted fabrics||$6.7 M|
|8||Woven cotton fabrics, more than 200 gms||$5.94 M|
|9||Pumps for dispensing liquids||$3.71 M|
|10||Woven Cotton Fabrics, Un85%Cot, Mmfmix, Nov20 5210||$3.56 M|
|1||Refined copper, alloys, unwrought||$976.23 M|
|2||Men's or boys' slacks, suits, not knit||$126.9 M|
|3||T-shirts, tank tops, knit or crocheted||$26.68 M|
|4||Women's or girls' suits, not knit||$13.99 M|
|5||Track suits, ski-suits & swimwear||$12.76 M|
|6||Sweaters, pullovers, vests, knit or crocheted||$11.33 M|
|7||Meters, parts for gas, electric supply||$9.03 M|
|8||Peppers, asparagus, squash, etc.||$8.56 M|
|9||Aluminum casks, cans, less than 300 liters||$8.15 M|
|10||Parts & Access For Cycles & Invalid Carriages 8714||$7.63 M|
Port of Panama City, Fla.’s trade decreases 18.13 percent through August
Port of Panama City, Fla.’s trade with the world fell 18.13 percent, from $2.01 billion to $1.64 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 Panama City, Fla. ranked No. 121 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 Panama City, Fla.’s top trade partners were No. 1 Chile, No. 2 Mexico, No. 3 United Kingdom, No. 4 Costa Rica and No. 5 Denmark. Through the same period of the previous year, the top trade partners were held by Chile, Mexico, Costa Rica, United Kingdom and Peru, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Chile fell 27.07 percent to $970.82 million.
Exports rose 3632.76 percent to $3.56 million. Imports fell 27.34 percent to $967.26 million.
- Trade with No. 2 Mexico fell 3.92 percent to $443.65 million.
Exports fell 17.91 percent to $123.17 million. Imports rose 2.81 percent to $320.48 million.
- Trade with No. 3 United Kingdom rose 9.41 percent to $56.39 million.
Exports rose 9.17 percent to $56.25 million. Imports rose 761.96 percent to $137,500.
- Trade with No. 4 Costa Rica fell 2.62 percent to $52.63 million.
Exports fell 2.78 percent to $52.55 million. Imports totaled $83,697.
- Trade with No. 5 Denmark rose 39.32 percent to $32.37 million.
Exports rose 39.32 percent to $32.37 million. There were no imports.
Port of Panama City, Fla.’s top five trading partners through August accounted for 94.59 percent of its trade with the world.
Port of Panama City, Fla. had trade surpluses with 15 countries and deficits with 20 through August. That compares with 12 surpluses and 23 deficits for the same period one year earlier. The top three surpluses through August of this year were with United Kingdom, $56.11 million; Costa Rica, $52.46 million; and Denmark, $32.37 million. The top three deficits through August of this year were with Chile, $963.71 million; Mexico, $197.31 million; and Peru, $14.99 million.
Through August its top exports were Fuel wood in logs, chips; Misc. uncoated kraft paper, paperboard; Civilian aircraft, parts; Chemical wood pulp, not dissolving grade; and Uncoated paper, paperboard, in that order. Those accounted for 60.89 percent of its total outbound trade. The Port’s top imports were Refined copper, alloys, unwrought; Men’s or boys’ slacks, suits, not knit; T-shirts, tank tops, knit or crocheted; Women’s or girls’ suits, not knit; and Track suits, ski-suits & swimwear, accounting for 88.28 percent of all inbound shipments.
Looking more closely at Port of Panama City, Fla.’s exports:
- Fuel wood in logs, chips rose 24.85 percent compared to last year to $93.33 million.
- Misc. uncoated kraft paper, paperboard fell 6.18 percent compared to last year to $50.27 million.
- Civilian aircraft, parts rose 1554.57 percent compared to last year to $26.05 million.
- Chemical wood pulp, not dissolving grade fell 30.86 percent compared to last year to $22.01 million.
- Uncoated paper, paperboard rose 1.09 percent compared to last year to $12.11 million.
On the import side:
- Refined copper, alloys, unwrought fell 28.54 percent compared to last year to $976.23 million.
- Men’s or boys’ slacks, suits, not knit rose 12.93 percent compared to last year to $126.9 million.
- T-shirts, tank tops, knit or crocheted rose 4.37 percent compared to last year to $26.68 million.
- Women’s or girls’ suits, not knit fell 14.46 percent compared to last year to $13.99 million.
- Track suits, ski-suits & swimwear rose 16.73 percent compared to last year to $12.76 million.
Last year Port of Panama City, Fla. posted total trade with the world of $2.84 billion. The Port’s deficit was $1.9 billion. At the end of the year, the port’s top five trade partners were Chile, Mexico, Peru, Costa Rica and United Kingdom. Exports totaled $471.99 million and imports came to $2.37 billion.