|1||Motor vehicles for transporting people||$302.32 M|
|3||Chemical wood pulp, not dissolving grade||$222.8 M|
|4||Misc. uncoated kraft paper, paperboard||$152.29 M|
|5||Civilian aircraft, parts||$122.64 M|
|6||Poultry, fresh, chilled or frozen||$119.07 M|
|7||Motor vehicle parts||$115.58 M|
|9||Chemical wood pulp, dissolving grades||$77.51 M|
|10||Diesel engines||$71.63 M|
|1||Motor vehicle parts||$608.21 M|
|2||Medicines in individual dosages||$486.13 M|
|3||Prepared foods, beverages||$357.05 M|
|4||Self-propelled heavy construction machinery||$326.78 M|
|5||Furniture, parts||$284.16 M|
|6||Plastic floor and wall coverings||$275.98 M|
|7||Seats, excluding barber, dental||$232.67 M|
|8||Rubber tires||$227.43 M|
|9||Cell phones, related equipment||$186.8 M|
Port of Savannah, Ga.’s trade increases 10.59 percent through February
Port of Savannah, Ga.’s trade with the world rose 10.59 percent, from $15.51 billion to $17.15 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 Savannah, Ga. ranked No. 10 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 Savannah, Ga.’s top trade parters were No. 1 China, No. 2 South Korea, No. 3 Japan, No. 4 Germany and No. 5 India . Through the same period of the previous year, the top trade partners were held by China, Germany, Japan, South Korea and India, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 China rose 3.22 percent to $4.65 billion.
Exports fell 23.69 percent to $432.59 million. Imports rose 7.1 percent to $4.21 billion.
- Trade with No. 2 South Korea rose 39.7 percent to $1.06 billion.
Exports fell 7.81 percent to $132.04 million. Imports rose 50.7 percent to $932.06 million.
- Trade with No. 3 Japan rose 19.77 percent to $1.03 billion.
Exports rose 6.31 percent to $132.24 million. Imports rose 22.04 percent to $900.83 million.
- Trade with No. 4 Germany rose 1.38 percent to $956.44 million.
Exports rose 9.18 percent to $247.46 million. Imports fell 1.08 percent to $708.98 million.
- Trade with No. 5 India rose 16.68 percent to $885.27 million.
Exports rose 41.41 percent to $188.33 million. Imports rose 11.42 percent to $696.94 million.
Port of Savannah, Ga.’s top five trading partners through February accounted for 50.06 percent of its trade with the world.
Port of Savannah, Ga. had trade surpluses with 120 countries and deficits with 72 through February. That compares with 116 surpluses and 73 deficits for the same period one year earlier. The top three surpluses through February of this year were with Australia, $281.16 million; The Netherlands, $127.56 million; and United Arab Emirates, $73.62 million. The top three deficits through February of this year were with China, $3.78 billion; South Korea, $800.03 million; and Japan, $768.59 million.
Through February it’s top exports were Motor vehicles for transporting people; Cotton; Chemical wood pulp, not dissolving grade; Misc. uncoated kraft paper, paperboard; and Civilian aircraft, parts, in that order. Those accounted for 24.55 percent of its total outbound trade. The Port’s top imports were Motor vehicle parts; Medicines in individual dosages; Prepared foods, beverages; Self-propelled heavy construction machinery; and Furniture, parts, accounting for 16.26 percent of all inbound shipments.
Looking more closely at Port of Savannah, Ga.’s exports:
- Motor vehicles for transporting people rose 0.47 percent compared to last year to $302.32 million.
- Cotton fell 15.75 percent compared to last year to $297.05 million.
- Chemical wood pulp, not dissolving grade fell 4.39 percent compared to last year to $222.8 million.
- Misc. uncoated kraft paper, paperboard fell 18.98 percent compared to last year to $152.29 million.
- Civilian aircraft, parts fell 24.35 percent compared to last year to $122.64 million.
On the import side:
- Motor vehicle parts rose 30.04 percent compared to last year to $608.21 million.
- Medicines in individual dosages rose 27.57 percent compared to last year to $486.13 million.
- Prepared foods, beverages rose 73.31 percent compared to last year to $357.05 million.
- Self-propelled heavy construction machinery rose 52.5 percent compared to last year to $326.78 million.
- Furniture, parts fell 8.03 percent compared to last year to $284.16 million.
Last year Port of Savannah, Ga. posted total trade with the world of $83.88 billion. The Port’s deficit was $34.64 billion . At the end of the year, the port’s top five trade partners were Canada, The Netherlands, Iceland, Germany and Norway. Exports totaled $24.62 billion and imports came to $59.26 billion.