|1||Navigational equipment||$356.45 M|
|2||Military weapons, excluding pistols||$64.97 M|
|3||Insulated wire, cable||$58.58 M|
|4||Cell phones, related equipment||$54.23 M|
|5||Firearm parts and accessories||$46.54 M|
|6||Civilian aircraft, parts||$41.2 M|
|7||Gasoline, other fuels||$19.77 M|
|8||Lard; Other Pig Fat and Poultry Fat, Rendered 1501||$12.45 M|
|9||Medicines in individual dosages||$10.42 M|
|10||Cranes, derricks, industrial-use vehicles||$7.78 M|
|1||Gasoline, other fuels||$108 M|
|2||Petroleum products||$62.66 M|
|3||Value added to a returned import||$46.11 M|
|4||Petroleum gases, other gaseous hydrocarbons||$31.46 M|
|5||Aircraft, Spacecraft, Satellites||$23.51 M|
|6||Various forms of salt||$9.37 M|
|8||Shrimp, other crustaceans||$6.68 M|
|9||Electric motors, generators, not sets||$4.94 M|
|10||Defense-related aircraft, parts||$4.77 M|
Port of Portsmouth, N.H.’s trade increases 66.76 percent through August
Port of Portsmouth, N.H.’s trade with the world rose 66.76 percent, from $619.03 million to $1.03 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 Portsmouth, N.H. ranked No. 137 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 Portsmouth, N.H.’s top trade partners were No. 1 United Arab Emirates, No. 2 Canada, No. 3 Switzerland, No. 4 Ireland and No. 5 Spain. Through the same period of the previous year, the top trade partners were held by Canada, United Arab Emirates, Israel, United Kingdom and Norway, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 United Arab Emirates rose 247.15 percent to $358.9 million.
Exports rose 247.15 percent to $358.9 million. There were no imports.
- Trade with No. 2 Canada fell 9.93 percent to $194.77 million.
Exports rose 152792 percent to $23.37 million. Imports fell 20.73 percent to $171.4 million.
- Trade with No. 3 Switzerland rose 898.8 percent to $148.54 million.
Exports rose 85244 percent to $120.69 million. Imports rose 89.06 percent to $27.85 million.
- Trade with No. 4 Ireland rose 2127.53 percent to $113.84 million.
Exports rose 1582.81 percent to $78.94 million. Imports rose 8219.64 percent to $34.9 million.
- Trade with No. 5 Spain rose 110.04 percent to $35.19 million.
Exports rose 123314 percent to $25 million. Imports fell 39.09 percent to $10.19 million.
Port of Portsmouth, N.H.’s top five trading partners through August accounted for 82.46 percent of its trade with the world.
Port of Portsmouth, N.H. had trade surpluses with 36 countries and deficits with 20 through August. That compares with 48 surpluses and 21 deficits for the same period one year earlier. The top three surpluses through August of this year were with United Arab Emirates, $358.9 million; Switzerland, $92.84 million; and Ireland, $44.05 million. The top three deficits through August of this year were with Canada, $148.03 million; Norway, $10.16 million; and Congo (Brazzaville), $7.81 million.
Through August its top exports were Navigational equipment; Military weapons, excluding pistols; Insulated wire, cable; Cell phones, related equipment; and Firearm parts and accessories, in that order. Those accounted for 82.21 percent of its total outbound trade. The Port’s top imports were Gasoline, other fuels; Petroleum products; Value added to a returned import; Petroleum gases, other gaseous hydrocarbons; and Aircraft, Spacecraft, Satellites, accounting for 83.4 percent of all inbound shipments.
Looking more closely at Port of Portsmouth, N.H.’s exports:
- Navigational equipment totaled $356.45 million. The previous year, there were no exports in this category.
- Military weapons, excluding pistols totaled $64.97 million. The previous year, there were no exports in this category.
- Insulated wire, cable rose 3002.28 percent compared to last year to $58.58 million.
- Cell phones, related equipment rose 12789 percent compared to last year to $54.23 million.
- Firearm parts and accessories totaled $46.54 million. The previous year, there were no exports in this category.
On the import side:
- Gasoline, other fuels fell 31.8 percent compared to last year to $108 million.
- Petroleum products fell 13.57 percent compared to last year to $62.66 million.
- Value added to a returned import fell 33.39 percent compared to last year to $46.11 million.
- Petroleum gases, other gaseous hydrocarbons fell 37.5 percent compared to last year to $31.46 million.
- Aircraft, Spacecraft, Satellites rose 59.57 percent compared to last year to $23.51 million.
Last year Port of Portsmouth, N.H. posted total trade with the world of $1.56 billion. The Port’s surplus was $1.64 million. At the end of the year, the port’s top five trade partners were United Arab Emirates, Canada, Germany, Israel and United Kingdom. Exports totaled $782.3 million and imports came to $780.65 million.