|1||Photo-sensitive semi-conductors, parts||$63.25 M|
|2||Fruit, nuts, prepared or preserved||$19.68 M|
|3||Bombs, grenades, cartridges, parts||$18.68 M|
|4||Mussels, scallops, other mollusks||$15.37 M|
|5||Misc. coated paper, paperboard||$13.87 M|
|6||Articles of cement, concrete, artificial stone||$11.82 M|
|7||Meteorological, hydraulic and survey equipment||$9.37 M|
|8||Motor vehicles for transporting people||$7.39 M|
|9||Taps, cocks and valves for pipes, tanks||$6.6 M|
|10||Misc. medical chemical re-agents||$5.92 M|
|1||Gasoline, other fuels||$1.28 B|
|2||Fish fillets, chilled or frozen||$104.55 M|
|3||Petroleum products||$29.1 M|
|4||Frozen fish||$25.8 M|
|5||Shrimp, other crustaceans||$14.83 M|
|6||Kaolin clays||$13.73 M|
|7||Prepared explosives||$13.3 M|
|8||X-ray apparatus||$13.11 M|
|9||Lifting, handling, loading, unloading machines||$12.88 M|
|10||Natural waters||$12.03 M|
Port of Portland, Maine’s trade increases 18.14 percent through October
Port of Portland, Maine’s trade with the world rose 18.14 percent, from $1.71 billion to $2.03 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 Portland, Maine ranked No. 122 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. 127. It finished No. 126 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 Portland, Maine’s top trade parters were No. 1 Canada, No. 2 Iceland, No. 3 The Netherlands, No. 4 Germany and No. 5 Norway . Through the same period of the previous year, the top trade partners were held by Canada, Iceland, Germany, Norway and The Netherlands, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Canada rose 10.3 percent to $1.25 billion.
Exports rose 61.91 percent to $36.91 million. Imports rose 9.24 percent to $1.22 billion.
- Trade with No. 2 Iceland rose 0.87 percent to $170.77 million.
Exports fell 1.99 percent to $46.99 million. Imports rose 2 percent to $123.77 million.
- Trade with No. 3 The Netherlands rose 256.05 percent to $154.31 million.
Exports rose 53.94 percent to $64.71 million. Imports rose 6770.17 percent to $89.6 million.
- Trade with No. 4 Germany rose 0.79 percent to $136.58 million.
Exports rose 183.9 percent to $71.77 million. Imports fell 41.21 percent to $64.81 million.
- Trade with No. 5 Norway rose 89.15 percent to $83.09 million.
Exports rose 430.26 percent to $17.39 million. Imports rose 61.63 percent to $65.7 million.
Port of Portland, Maine’s top five trading partners through October accounted for 88.78 percent of its trade with the world.
Port of Portland, Maine had trade surpluses with 26 countries and deficits with 39 through October. That compares with 39 surpluses and 31 deficits for the same period one year earlier. The top three surpluses through October of this year were with United Kingdom, $11.51 million; Belgium, $10.35 million; and Germany, $6.97 million. The top three deficits through October of this year were with Canada, $1.18 billion; Iceland, $76.78 million; and Norway, $48.31 million.
Through October it’s top exports were Photo-sensitive semi-conductors, parts; Fruit, nuts, prepared or preserved; Bombs, grenades, cartridges, parts; Mussels, scallops, other mollusks; and Misc. coated paper, paperboard, in that order. Those accounted for 44.14 percent of its total outbound trade. The Port’s top imports were Gasoline, other fuels; Fish fillets, chilled or frozen; Petroleum products; Frozen fish; and Shrimp, other crustaceans, accounting for 84.05 percent of all inbound shipments.
Looking more closely at Port of Portland, Maine’s exports:
- Photo-sensitive semi-conductors, parts rose 215.49 percent compared to last year to $63.25 million.
- Fruit, nuts, prepared or preserved rose 124.31 percent compared to last year to $19.68 million.
- Bombs, grenades, cartridges, parts rose 52.22 percent compared to last year to $18.68 million.
- Mussels, scallops, other mollusks rose 125.15 percent compared to last year to $15.37 million.
- Misc. coated paper, paperboard rose 25.29 percent compared to last year to $13.87 million.
On the import side:
- Gasoline, other fuels rose 18.02 percent compared to last year to $1.28 billion.
- Fish fillets, chilled or frozen rose 10.87 percent compared to last year to $104.55 million.
- Petroleum products rose 28.36 percent compared to last year to $29.1 million.
- Frozen fish rose 19.33 percent compared to last year to $25.8 million.
- Shrimp, other crustaceans rose 157.84 percent compared to last year to $14.83 million.
Last year Port of Portland, Maine posted total trade with the world of $0. The Port’s deficit was $0 . At the end of the year, the port’s top five trade partners were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $0 and imports came to $0.