|1||Gasoline, other fuels||$2.3 B|
|2||Cyclic hydrocarbons||$120.45 M|
|3||Petroleum products||$96.6 M|
|4||Floating or submersible docks, platforms||$75 M|
|5||Wood, sawed or chipped, greater than 6 meters thic||$25.84 M|
|6||Misc. uncoated kraft paper, paperboard||$18.38 M|
|7||Stainless steel, not less than 600mm wide||$3.14 M|
|8||Petroleum gases, other gaseous hydrocarbons||$2.3 M|
|9||Plywood, veneered and laminated wood||$1.75 M|
|10||Stainless Steel in Ingots Etc & Semifin Produ 7218||$1.16 M|
|2||Gasoline, other fuels||$1.02 B|
|3||Aluminum, unwrought||$12.06 M|
|4||Rafts, buoys, other misc. floating structures||$36,576|
|5||Value added to a returned import||$16,802|
|9||Sand-blasting, other liquid-dispersing equipment||$3,650|
|10||Centrifuges, filters, machines and parts||$3,393|
Port of Pascagoula, Miss.’s trade increases 12.47 percent through October
Port of Pascagoula, Miss.’s trade with the world rose 12.47 percent, from $4.66 billion to $5.24 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 Pascagoula, Miss. ranked No. 84 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. 85. It finished No. 85 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 Pascagoula, Miss.’s top trade parters were No. 1 Venezuela, No. 2 Panama, No. 3 Belgium, No. 4 Brazil and No. 5 Honduras . Through the same period of the previous year, the top trade partners were held by Venezuela, Panama, Brazil, Gibraltar and Guatemala, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Venezuela fell 16.35 percent to $1.03 billion.
Exports totaled $1.22 million. Imports fell 16.45 percent to $1.03 billion.
- Trade with No. 2 Panama rose 16.52 percent to $909.9 million.
Exports rose 16.52 percent to $909.9 million. There were no imports.
- Trade with No. 3 Belgium rose 246.29 percent to $630.4 million.
Exports fell 6.54 percent to $124.13 million. Imports rose 928.27 percent to $506.28 million.
- Trade with No. 4 Brazil fell 12.15 percent to $371.75 million.
Exports rose 92.58 percent to $180.2 million. Imports fell 41.88 percent to $191.55 million.
- Trade with No. 5 Honduras rose 34.43 percent to $291.81 million.
Exports rose 34.43 percent to $291.81 million. There were no imports.
Port of Pascagoula, Miss.’s top five trading partners through October accounted for 61.71 percent of its trade with the world.
Port of Pascagoula, Miss. had trade surpluses with 33 countries and deficits with 17 through October. That compares with 31 surpluses and 19 deficits for the same period one year earlier. The top three surpluses through October of this year were with Panama, $909.9 million; Honduras, $291.81 million; and Guatemala, $197.06 million. The top three deficits through October of this year were with Venezuela, $1.03 billion; Belgium, $382.15 million; and Nigeria, $242.01 million.
Through October it’s top exports were Gasoline, other fuels; Cyclic hydrocarbons; Petroleum products; Floating or submersible docks, platforms; and Wood, sawed or chipped, greater than 6 meters thic, in that order. Those accounted for 98.84 percent of its total outbound trade. The Port’s top imports were Oil; Gasoline, other fuels; Aluminum, unwrought; Rafts, buoys, other misc. floating structures; and Value added to a returned import, accounting for 100 percent of all inbound shipments.
Looking more closely at Port of Pascagoula, Miss.’s exports:
- Gasoline, other fuels rose 3.1 percent compared to last year to $2.3 billion.
- Cyclic hydrocarbons rose 42.68 percent compared to last year to $120.45 million.
- Petroleum products rose 13.79 percent compared to last year to $96.6 million.
- Floating or submersible docks, platforms totaled $75 million. The previous year, there were no exports in this category.
- Wood, sawed or chipped, greater than 6 meters thic rose 33.88 percent compared to last year to $25.84 million.
On the import side:
- Oil fell 16.91 percent compared to last year to $1.57 billion.
- Gasoline, other fuels rose 264.39 percent compared to last year to $1.02 billion.
- Aluminum, unwrought totaled $12.06 million. The previous year, there were no imports in this category.
- Rafts, buoys, other misc. floating structures fell 39.88 percent compared to last year to $36,576.
- Value added to a returned import fell 99.8 percent compared to last year to $16,802.
Last year Port of Pascagoula, Miss. posted total trade with the world of $5.08 billion. The Port’s surplus was $1.05 billion . At the end of the year, the port’s top five trade partners were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $3.06 billion and imports came to $2.01 billion.