|1||Motor vehicles for transporting people||$1.52 B|
|3||Chemical wood pulp, not dissolving grade||$990.53 M|
|4||Civilian aircraft, parts||$648.99 M|
|5||Misc. uncoated kraft paper, paperboard||$603.67 M|
|6||Chicken and other poultry||$570.09 M|
|7||Motor vehicle parts||$439.14 M|
|9||Chemical wood pulp, dissolving grades||$309.06 M|
|10||Commercial vehicles||$303.93 M|
|1||Motor vehicle parts||$2.47 B|
|2||Prepared foods, beverages||$2.4 B|
|3||Medicines in individual dosages||$1.7 B|
|4||Self-propelled heavy construction machinery||$1.46 B|
|5||Furniture, parts||$1.12 B|
|6||Plastic floor and wall coverings||$974.07 M|
|7||Rubber tires||$902.91 M|
|8||Seats, excluding barber, dental||$889.46 M|
|9||Saws, drills and other hand tools||$761.72 M|
|10||Sweaters, pullovers, vests, knit or crocheted||$669.5 M|
Port of Savannah, Ga.’s trade increases 7.38 percent through August
Port of Savannah, Ga.’s trade with the world rose 7.38 percent, from $68.4 billion to $73.45 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 Savannah, Ga. ranked No. 10 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 Savannah, Ga.’s top trade partners were No. 1 China, No. 2 Japan, No. 3 South Korea, No. 4 India and No. 5 Germany. Through the same period of the previous year, the top trade partners were held by China, Japan, Germany, South Korea and India, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 China fell 4.09 percent to $17.62 billion.
Exports fell 21.43 percent to $1.81 billion. Imports fell 1.61 percent to $15.81 billion.
- Trade with No. 2 Japan rose 23.65 percent to $4.92 billion.
Exports rose 6.53 percent to $590.19 million. Imports rose 26.42 percent to $4.33 billion.
- Trade with No. 3 South Korea rose 19.02 percent to $4.47 billion.
Exports fell 8.95 percent to $533.4 million. Imports rose 24.18 percent to $3.94 billion.
- Trade with No. 4 India rose 13.89 percent to $3.75 billion.
Exports rose 33.26 percent to $750.15 million. Imports rose 9.89 percent to $3 billion.
- Trade with No. 5 Germany fell 11.05 percent to $3.45 billion.
Exports rose 4.06 percent to $1.03 billion. Imports fell 16.21 percent to $2.42 billion.
Port of Savannah, Ga.’s top five trading partners through August accounted for 46.58 percent of its trade with the world.
Port of Savannah, Ga. had trade surpluses with 134 countries and deficits with 76 through August. That compares with 128 surpluses and 77 deficits for the same period one year earlier. The top three surpluses through August of this year were with Australia, $1.53 billion; The Netherlands, $414.67 million; and United Arab Emirates, $360.11 million. The top three deficits through August of this year were with China, $14 billion; Japan, $3.74 billion; and South Korea, $3.4 billion.
Through August its top exports were Motor vehicles for transporting people; Cotton; Chemical wood pulp, not dissolving grade; Civilian aircraft, parts; and Misc. uncoated kraft paper, paperboard, in that order. Those accounted for 25.46 percent of its total outbound trade. The Port’s top imports were Motor vehicle parts; Prepared foods, beverages; Medicines in individual dosages; Self-propelled heavy construction machinery; and Furniture, parts, accounting for 17.11 percent of all inbound shipments.
Looking more closely at Port of Savannah, Ga.’s exports:
- Motor vehicles for transporting people rose 12.19 percent compared to last year to $1.52 billion.
- Cotton rose 5.09 percent compared to last year to $1.31 billion.
- Chemical wood pulp, not dissolving grade fell 0.95 percent compared to last year to $990.53 million.
- Civilian aircraft, parts rose 0.25 percent compared to last year to $648.99 million.
- Misc. uncoated kraft paper, paperboard fell 30.61 percent compared to last year to $603.67 million.
On the import side:
- Motor vehicle parts rose 18.15 percent compared to last year to $2.47 billion.
- Prepared foods, beverages rose 23.95 percent compared to last year to $2.4 billion.
- Medicines in individual dosages rose 4.75 percent compared to last year to $1.7 billion.
- Self-propelled heavy construction machinery rose 20.42 percent compared to last year to $1.46 billion.
- Furniture, parts fell 5.13 percent compared to last year to $1.12 billion.
Last year Port of Savannah, Ga. posted total trade with the world of $102.67 billion. The Port’s deficit was $46.18 billion. At the end of the year, the port’s top five trade partners were China, Germany, Japan, South Korea and India. Exports totaled $28.25 billion and imports came to $74.42 billion.