|1||Fruit, nuts, prepared or preserved||$23.01 M|
|2||Bombs, grenades, cartridges, parts||$20.97 M|
|3||Misc. coated paper, paperboard||$17.5 M|
|4||Civilian aircraft, parts||$10.96 M|
|5||Medical equipment for physicals||$10.01 M|
|6||Photo-sensitive semi-conductors, parts||$9.63 M|
|7||Plasma, vaccines, blood||$8.84 M|
|8||Mussels, scallops, other mollusks||$8.13 M|
|9||Misc. iron or steel structures and parts||$7.5 M|
|10||Taps, cocks and valves for pipes, tanks||$6.98 M|
|1||Gasoline, other fuels||$939.16 M|
|2||Fish fillets, chilled or frozen||$86.23 M|
|3||Shrimp, other crustaceans||$20.74 M|
|4||Nickle, Unwrought 7502||$16.62 M|
|5||Petroleum products||$15.19 M|
|6||Frozen fish||$14.86 M|
|7||Misc. duty free imports||$14.85 M|
|8||Natural waters||$13.56 M|
|10||Kaolin clays||$12.08 M|
Port of Portland, Maine’s trade decreases 2.34 percent through August
Port of Portland, Maine’s trade with the world fell 2.34 percent, from $1.64 billion to $1.6 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 Portland, Maine ranked No. 122 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 Portland, Maine’s top trade partners were No. 1 Canada, No. 2 Iceland, No. 3 The Netherlands, No. 4 Norway and No. 5 Germany. Through the same period of the previous year, the top trade partners were held by Canada, Iceland, Germany, The Netherlands and Norway, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Canada fell 10.69 percent to $964.7 million.
Exports fell 14.17 percent to $27.08 million. Imports fell 10.58 percent to $937.62 million.
- Trade with No. 2 Iceland fell 1.85 percent to $130.82 million.
Exports fell 28.36 percent to $25.06 million. Imports rose 7.58 percent to $105.75 million.
- Trade with No. 3 The Netherlands rose 9.81 percent to $95.22 million.
Exports rose 14.52 percent to $59.43 million. Imports rose 2.8 percent to $35.79 million.
- Trade with No. 4 Norway rose 51.02 percent to $89.31 million.
Exports rose 67.99 percent to $15.21 million. Imports rose 47.95 percent to $74.11 million.
- Trade with No. 5 Germany fell 22.43 percent to $84.27 million.
Exports fell 48.23 percent to $29.63 million. Imports rose 6.3 percent to $54.64 million.
Port of Portland, Maine’s top five trading partners through August accounted for 85.4 percent of its trade with the world.
Port of Portland, Maine had trade surpluses with 28 countries and deficits with 34 through August. That compares with 25 surpluses and 33 deficits for the same period one year earlier. The top three surpluses through August of this year were with The Netherlands, $23.63 million; Belgium, $17.28 million; and Ukraine, $8.39 million. The top three deficits through August of this year were with Canada, $910.54 million; Iceland, $80.69 million; and Norway, $58.9 million.
Through August its top exports were Fruit, nuts, prepared or preserved; Bombs, grenades, cartridges, parts; Misc. coated paper, paperboard; Civilian aircraft, parts; and Medical equipment for physicals, in that order. Those accounted for 36.07 percent of its total outbound trade. The Port’s top imports were Gasoline, other fuels; Fish fillets, chilled or frozen; Shrimp, other crustaceans; Nickle, Unwrought 7502; and Petroleum products, accounting for 78.74 percent of all inbound shipments.
Looking more closely at Port of Portland, Maine’s exports:
- Fruit, nuts, prepared or preserved rose 55.19 percent compared to last year to $23.01 million.
- Bombs, grenades, cartridges, parts rose 51.04 percent compared to last year to $20.97 million.
- Misc. coated paper, paperboard rose 65.76 percent compared to last year to $17.5 million.
- Civilian aircraft, parts rose 2174.67 percent compared to last year to $10.96 million.
- Medical equipment for physicals rose 143.18 percent compared to last year to $10.01 million.
On the import side:
- Gasoline, other fuels fell 10.59 percent compared to last year to $939.16 million.
- Fish fillets, chilled or frozen rose 4.21 percent compared to last year to $86.23 million.
- Shrimp, other crustaceans rose 66.22 percent compared to last year to $20.74 million.
- Nickle, Unwrought 7502 rose 47.78 percent compared to last year to $16.62 million.
- Petroleum products fell 40.31 percent compared to last year to $15.19 million.
Last year Port of Portland, Maine posted total trade with the world of $2.46 billion. The Port’s deficit was $1.74 billion. At the end of the year, the port’s top five trade partners were Canada, The Netherlands, Iceland, Germany and Norway. Exports totaled $357.17 million and imports came to $2.1 billion.