|1||Gasoline, other fuels||$338.53 M|
|2||Oils derived from high temperature coal tar||$14.59 M|
|3||Petroleum products||$10.6 M|
|4||Scrap iron, steel||$8.39 M|
|5||Coal, briquettes||$6.49 M|
|6||Soybean oil||$1.34 M|
|7||Sunflower, safflow, cottonseed oil||$1.12 M|
|9||Sands, except metal-bearing||$0|
|2||Motor vehicles for transporting people||$339.3 M|
|3||Gasoline, other fuels||$90.77 M|
|4||Coconut, Palm Kernel or Babassu Oil Etc, No C 1513||$13.25 M|
|5||Palm oil||$5.6 M|
|6||Sodium or potassium hydroxide or peroxide||$785,689|
|7||Sands, except metal-bearing||$286,263|
|10||Prepared or preserved meat||$88,200|
Port of Richmond, Calif.’s trade decreases 16.26 percent through February
Port of Richmond, Calif.’s trade with the world fell 16.26 percent, from $1.68 billion to $1.41 billion 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 Richmond, Calif. ranked No. 76 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 Richmond, Calif.’s top trade parters were No. 1 Saudi Arabia, No. 2 Japan, No. 3 Mexico, No. 4 Singapore and No. 5 Ecuador . Through the same period of the previous year, the top trade partners were held by Japan, Saudi Arabia, Iraq, Mexico and Singapore, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Saudi Arabia rose 24.84 percent to $557.09 million.
There were no exports. Imports rose 24.84 percent to $557.09 million.
- Trade with No. 2 Japan fell 37.84 percent to $300.61 million.
Exports rose 152.95 percent to $14.46 million. Imports fell 40.13 percent to $286.15 million.
- Trade with No. 3 Mexico rose 29.96 percent to $115.54 million.
Exports fell 14.95 percent to $61.71 million. Imports rose 229.3 percent to $53.83 million.
- Trade with No. 4 Singapore rose 50.28 percent to $96.08 million.
Exports rose 343.02 percent to $61.12 million. Imports fell 30.28 percent to $34.95 million.
- Trade with No. 5 Ecuador totaled $85.3 million.
Exports totaled $65.98 million. Imports totaled $19.32 million.
Port of Richmond, Calif.’s top five trading partners through February accounted for 82 percent of its trade with the world.
Port of Richmond, Calif. had trade surpluses with 14 countries and deficits with nine through February. That compares with 15 surpluses and 12 deficits for the same period one year earlier. The top three surpluses through February of this year were with Ecuador, $46.66 million; Chile, $44.61 million; and Guatemala, $44.15 million. The top three deficits through February of this year were with Saudi Arabia, $557.09 million; Japan, $271.68 million; and Algeria, $22.73 million.
Through February it’s top exports were Gasoline, other fuels; Oils derived from high temperature coal tar; Petroleum products; Scrap iron, steel; and Coal, briquettes, in that order. Those accounted for 99.35 percent of its total outbound trade. The Port’s top imports were Oil; Motor vehicles for transporting people; Gasoline, other fuels; Coconut, Palm Kernel or Babassu Oil Etc, No C 1513; and Palm oil, accounting for 99.84 percent of all inbound shipments.
Looking more closely at Port of Richmond, Calif.’s exports:
- Gasoline, other fuels rose 5.93 percent compared to last year to $338.53 million.
- Oils derived from high temperature coal tar rose 322.97 percent compared to last year to $14.59 million.
- Petroleum products rose 79.57 percent compared to last year to $10.6 million.
- Scrap iron, steel fell 35.9 percent compared to last year to $8.39 million.
- Coal, briquettes fell 10.74 percent compared to last year to $6.49 million.
On the import side:
- Oil fell 6.41 percent compared to last year to $576.41 million.
- Motor vehicles for transporting people fell 31.3 percent compared to last year to $339.3 million.
- Gasoline, other fuels fell 39.76 percent compared to last year to $90.77 million.
- Coconut, Palm Kernel or Babassu Oil Etc, No C 1513 fell 71.21 percent compared to last year to $13.25 million.
- Palm oil fell 62.11 percent compared to last year to $5.6 million.
Last year Port of Richmond, Calif. posted total trade with the world of $7.36 billion. The Port’s deficit was $5.13 billion . At the end of the year, the port’s top five trade partners were Canada, The Netherlands, Iceland, Germany and Norway. Exports totaled $1.11 billion and imports came to $6.25 billion.