|1||Scrap iron, steel||$21.65 M|
|4||Cash registers, calculators||$7,052|
|6||Granulated slag from iron or steel||$0|
|7||Photo-sensitive semi-conductors, parts||$0|
|9||Aluminum ores and concentrates||$0|
|1||Sands, except metal-bearing||$5.82 M|
|3||Pebbles, gravel||$2.72 M|
|4||Aluminum ores and concentrates||$1.27 M|
|5||Granulated slag from iron or steel||$903,450|
|7||Printers, all types, parts||$43,638|
|8||Photo-sensitive semi-conductors, parts||$14,768|
|9||Scrap iron, steel||$0|
Port of Redwood City, Calif.’s trade decreases 5.77 percent through October
Port of Redwood City, Calif.’s trade with the world fell 5.77 percent, from $37.47 million to $35.31 million 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 Redwood City, Calif. ranked No. 258 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. 252. It finished No. 259 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 Redwood City, Calif.’s top trade parters were No. 1 Ecuador, No. 2 Malaysia, No. 3 Canada, No. 4 Mexico and No. 5 Australia . Through the same period of the previous year, the top trade partners were held by Turkey, Indonesia, Thailand, Canada and Mexico, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Ecuador totaled $11.64 million.
Exports totaled $11.64 million. There were no imports.
- Trade with No. 2 Malaysia totaled $10.01 million.
Exports totaled $10.01 million. There were no imports.
- Trade with No. 3 Canada rose 50.86 percent to $8.57 million.
Exports fell 11.17 percent to $31,619. Imports rose 51.26 percent to $8.54 million.
- Trade with No. 4 Mexico rose 56.5 percent to $2.75 million.
There were no exports. Imports rose 56.5 percent to $2.75 million.
- Trade with No. 5 Australia fell 19.64 percent to $1.27 million.
There were no exports. Imports fell 19.64 percent to $1.27 million.
Port of Redwood City, Calif.’s top five trading partners through October accounted for 97 percent of its trade with the world.
Port of Redwood City, Calif. had trade surpluses with two countries and deficits with five through October. That compares with three surpluses and three deficits for the same period one year earlier. The top three surpluses through October of this year were with Ecuador, $11.64 million; Malaysia, $10.01 million; and Thailand, $0. The top three deficits through October of this year were with Canada, $8.51 million; Mexico, $2.75 million; and Australia, $1.27 million.
Through October it’s top exports were Scrap iron, steel; Computer parts; Computers; Cash registers, calculators; and Computer chips, in that order. Those accounted for 100 percent of its total outbound trade. The Port’s top imports were Sands, except metal-bearing; Gypsum; Pebbles, gravel; Aluminum ores and concentrates; and Granulated slag from iron or steel, accounting for 98.85 percent of all inbound shipments.
Looking more closely at Port of Redwood City, Calif.’s exports:
- Scrap iron, steel fell 23.87 percent compared to last year to $21.65 million.
- Computer parts rose 79.81 percent compared to last year to $14,137.
- Computers fell 54.38 percent compared to last year to $7,564.
- Cash registers, calculators totaled $7,052. The previous year, there were no exports in this category.
- Computer chips totaled $2,866. The previous year, there were no exports in this category.
On the import side:
- Sands, except metal-bearing rose 59.46 percent compared to last year to $5.82 million.
- Gypsum rose 56.5 percent compared to last year to $2.75 million.
- Pebbles, gravel rose 36.27 percent compared to last year to $2.72 million.
- Aluminum ores and concentrates fell 19.64 percent compared to last year to $1.27 million.
- Granulated slag from iron or steel totaled $903,450. The previous year, there were no imports in this category.
Last year Port of Redwood City, Calif. posted total trade with the world of $42.15 million. The Port’s surplus was $23.39 million . At the end of the year, the port’s top five trade partners were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $32.77 million and imports came to $9.38 million.