|1||Gasoline, other fuels||$494.58 M|
|2||Petroleum products||$20.43 M|
|3||Chemical wood pulp, not dissolving grade||$4.33 M|
|4||Wood, sawed or chipped, greater than 6 meters thic||$2.74 M|
|5||Misc. uncoated kraft paper, paperboard||$805,586|
|6||Angles, shapes, sections, iron and nonalloy steel||$138,130|
|7||Plywood, veneered and laminated wood||$76,038|
|8||Wood in the rough, stripped or not of sapwood, etc||$51,900|
|10||Stainless Steel in Ingots Etc & Semifin Produ 7218||$44,058|
|2||Gasoline, other fuels||$53.03 M|
|3||Insulated wire, cable||$103,404|
|4||Windshield wipers, electric light parts||$90,794|
|6||Motor vehicle parts||$31,464|
|7||Rafts, buoys, other misc. floating structures||$10,400|
|8||Electrical supplies, apparatus, less than 1000V||$7,204|
|9||Value added to a returned import||$5,000|
Port of Pascagoula, Miss.’s trade decreases 7.85 percent through February
Port of Pascagoula, Miss.’s trade with the world fell 7.85 percent, from $982.8 million to $905.65 million 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 Pascagoula, Miss. ranked No. 88 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 Pascagoula, Miss.’s top trade parters were No. 1 Venezuela, No. 2 Panama, No. 3 Honduras, No. 4 Guatemala and No. 5 Brazil . Through the same period of the previous year, the top trade partners were held by Venezuela, Panama, Belgium, Guatemala and Russia, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Venezuela rose 59.7 percent to $303.17 million.
Exports fell 57.76 percent to $517,193. Imports rose 60.46 percent to $302.65 million.
- Trade with No. 2 Panama rose 25.95 percent to $193.48 million.
Exports rose 25.95 percent to $193.48 million. There were no imports.
- Trade with No. 3 Honduras rose 35.98 percent to $90.37 million.
Exports rose 35.58 percent to $90.1 million. Imports totaled $269,991.
- Trade with No. 4 Guatemala fell 11.69 percent to $64.03 million.
Exports rose 7.78 percent to $64.03 million. There were no imports.
- Trade with No. 5 Brazil rose 47.01 percent to $56.02 million.
Exports fell 22.23 percent to $29.63 million. Imports totaled $26.38 million.
Port of Pascagoula, Miss.’s top five trading partners through February accounted for 78.07 percent of its trade with the world.
Port of Pascagoula, Miss. had trade surpluses with 22 countries and deficits with six through February. That compares with 22 surpluses and seven deficits for the same period one year earlier. The top three surpluses through February of this year were with Panama, $193.48 million; Honduras, $89.83 million; and Guatemala, $64.03 million. The top three deficits through February of this year were with Venezuela, $302.14 million; Italy, $27.92 million; and Belgium, $384,781.
Through February it’s top exports were Gasoline, other fuels; Petroleum products; Chemical wood pulp, not dissolving grade; Wood, sawed or chipped, greater than 6 meters thic; and Misc. uncoated kraft paper, paperboard, in that order. Those accounted for 99.92 percent of its total outbound trade. The Port’s top imports were Oil; Gasoline, other fuels; Insulated wire, cable; Windshield wipers, electric light parts; and Coffee, accounting for 99.98 percent of all inbound shipments.
Looking more closely at Port of Pascagoula, Miss.’s exports:
- Gasoline, other fuels rose 4.73 percent compared to last year to $494.58 million.
- Petroleum products fell 0.29 percent compared to last year to $20.43 million.
- Chemical wood pulp, not dissolving grade totaled $4.33 million. The previous year, there were no exports in this category.
- Wood, sawed or chipped, greater than 6 meters thic fell 16.49 percent compared to last year to $2.74 million.
- Misc. uncoated kraft paper, paperboard rose 349.9 percent compared to last year to $805,586.
On the import side:
- Oil rose 42.19 percent compared to last year to $329.04 million.
- Gasoline, other fuels fell 76.35 percent compared to last year to $53.03 million.
- Insulated wire, cable totaled $103,404. The previous year, there were no imports in this category.
- Windshield wipers, electric light parts totaled $90,794. The previous year, there were no imports in this category.
- Coffee totaled $35,269. The previous year, there were no imports in this category.
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, The Netherlands, Iceland, Germany and Norway. Exports totaled $3.06 billion and imports came to $2.01 billion.