Port of Richmond-Petersburg, Va.

Port of Richmond-Petersburg, Va.’s trade totaled $14.85 million for the month of July, $84.51 million through July of 2020, and $152.66 million for all of 2019, the latest annual data available, according to U.S. Census Bureau data analyzed by WorldCity. Need more details? Read more

Click on any of the countries in the chart below to gain access to the specific exports and imports between that country and (port), how it compares to other ports for trade with that country, how that trade has changed over time, and much more. Data available both by value and tonnage. Download data. If you are not a subscriber, you can learn more by clicking on the subscribe link.

Top Trading Countries

RankPortYTD
1Hong Kong$31.81 M
2Dominican Republic$9.38 M
3Saudi Arabia$6.72 M
4Brazil$5.87 M
5Turkey$2.57 M
6Peru$2.55 M
7Thailand$2.06 M
8Honduras$2.06 M
9Germany$2.01 M
10Senegal$1.66 M

Overall Rank

Port of Richmond-Petersburg, Va.’s trade decreases 9.27 percent through July

Port of Richmond-Petersburg, Va.’s trade with the world fell 9.27 percent, from $93.14 million to $84.51 million through the first seven months of 2020 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 $2.08 trillion, with exports at $799.82 billion and imports at $1.28 trillion. The nation’s total trade decreased 13.79 percent compared to the same period last year. Exports fell 16.38 percent and imports fell 12.08 percent.

Port of Richmond-Petersburg, Va. ranked No. 208 for total trade among the nation’s roughly 450 airports, seaports and border crossings through July of 2020. During the same period of 2019 it ranked No. 204. It finished No. 213 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; Chicago O’Hare International Airport; John F. Kennedy International Airport; Port Laredo and Port of Newark.

Through July Port of Richmond-Petersburg, Va.’s top trade partners were No. 1 Hong Kong, No. 2 Dominican Republic, No. 3 Saudi Arabia, No. 4 Brazil and No. 5 Turkey. Through the same period of the previous year, the top trade partners were held by Hong Kong, Canada, United Kingdom, Italy and Dominican Republic, respectively.

Taking a closer look at its leading trade partners:

  • Trade with No. 1 Hong Kong rose 50.26 percent to $27.18 million.
    Exports rose 50.38 percent to $27.18 million. There were no imports.
  • Trade with No. 2 Dominican Republic rose 9.08 percent to $7.82 million.
    Exports rose 9.08 percent to $7.82 million. There were no imports.
  • Trade with No. 3 Saudi Arabia rose 5969.11 percent to $4.72 million.
    Exports rose 5969.11 percent to $4.72 million. There were no imports.
  • Trade with No. 4 Brazil fell 15.31 percent to $3.99 million.
    Exports fell 14.2 percent to $3.98 million. Imports fell 91.22 percent to $5,914.
  • Trade with No. 5 Turkey rose 891227 percent to $2.57 million.
    Exports totaled $2.56 million. Imports rose 1129.86 percent to $3,542.

Port of Richmond-Petersburg, Va.’s top five trading partners through July accounted for 66.41 percent of its trade with the world.

Port of Richmond-Petersburg, Va. had trade surpluses with 31 countries and deficits with 24 through July. That compares with 32 surpluses and 31 deficits for the same period one year earlier. The top three surpluses through July of this year were with Hong Kong, $27.18 million; Dominican Republic, $7.82 million; and Saudi Arabia, $4.72 million. The top three deficits through July of this year were with Germany, $1.47 million; Switzerland, $1.28 million; and Austria, $1.26 million.

Through July its top exports were Computer chips; Nitrogenous fertilizers; Steam turbines, parts; Cell phones, related equipment; and Taps, cocks and valves for pipes, tanks, in that order. Those accounted for 96.63 percent of its total outbound trade. The Port’s top imports were Sweetened waters; Sodium or potassium hydroxide or peroxide; Medical instruments; Binders for found molds; chemical products; and Misc. mineral substances, accounting for 58.15 percent of all inbound shipments.

Looking more closely at Port of Richmond-Petersburg, Va.’s exports:

  • Computer chips totaled $28.75 million. The previous year, there were no exports in this category.
  • Nitrogenous fertilizers rose 18.32 percent compared to last year to $28.5 million.
  • Steam turbines, parts totaled $6.72 million. The previous year, there were no exports in this category.
  • Cell phones, related equipment rose 24.25 percent compared to last year to $3.06 million.
  • Taps, cocks and valves for pipes, tanks rose 1074.88 percent compared to last year to $2.49 million.

On the import side:

  • Sweetened waters totaled $2.53 million. The previous year, there were no imports in this category.
  • Sodium or potassium hydroxide or peroxide fell 14.51 percent compared to last year to $2.45 million.
  • Medical instruments rose 6.22 percent compared to last year to $965,320.
  • Binders for found molds; chemical products totaled $885,103. The previous year, there were no imports in this category.
  • Misc. mineral substances fell 25.85 percent compared to last year to $473,125.

Last year Port of Richmond-Petersburg, Va. posted total trade with the world of $152.66 million. The Port’s surplus was $49.61 million. Exports totaled $101.13 million and imports came to $51.53 million.