|1||Motor vehicles for transporting people||$1.63 B|
|3||Chemical wood pulp, not dissolving grade||$1.26 B|
|4||Misc. uncoated kraft paper, paperboard||$1.11 B|
|5||Civilian aircraft, parts||$915.95 M|
|6||Poultry, fresh, chilled or frozen||$795.96 M|
|7||Motor vehicle parts||$571.5 M|
|8||Chemical wood pulp, dissolving grades||$451.81 M|
|9||Kaolin clays||$392.86 M|
|1||Motor vehicle parts||$2.65 B|
|2||Prepared foods, beverages||$2.24 B|
|3||Medicines in individual dosages||$2.07 B|
|4||Furniture, parts||$1.48 B|
|5||Self-propelled heavy construction machinery||$1.48 B|
|6||Seats, excluding barber, dental||$1.05 B|
|7||Plastic floor and wall coverings||$1.04 B|
|8||Rubber tires||$1.02 B|
|9||Toys, children's bicycles, games||$981.75 M|
|10||Sweaters, pullovers, vests, knit or crocheted||$807.15 M|
Port of Savannah, Ga.’s trade increases 13.82 percent through October
Port of Savannah, Ga.’s trade with the world rose 13.82 percent, from $75.59 billion to $86.04 billion 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 Savannah, Ga. ranked No. 12 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. 12. It finished No. 12 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 Savannah, Ga.’s top trade parters were No. 1 China, No. 2 Japan, No. 3 Germany, No. 4 South Korea and No. 5 India . Through the same period of the previous year, the top trade partners were held by China, Germany, South Korea, Japan and India, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 China rose 14.57 percent to $23.77 billion.
Exports fell 0.5 percent to $2.81 billion. Imports rose 16.94 percent to $20.96 billion.
- Trade with No. 2 Japan rose 16.97 percent to $4.96 billion.
Exports fell 11.67 percent to $722.07 million. Imports rose 23.81 percent to $4.24 billion.
- Trade with No. 3 Germany fell 4.02 percent to $4.93 billion.
Exports fell 3.39 percent to $1.23 billion. Imports fell 4.23 percent to $3.7 billion.
- Trade with No. 4 South Korea rose 0.57 percent to $4.71 billion.
Exports fell 10.55 percent to $713.03 million. Imports rose 2.85 percent to $3.99 billion.
- Trade with No. 5 India rose 10.45 percent to $4.18 billion.
Exports fell 6.07 percent to $700.7 million. Imports rose 14.51 percent to $3.47 billion.
Port of Savannah, Ga.’s top five trading partners through October accounted for 49.44 percent of its trade with the world.
Port of Savannah, Ga. had trade surpluses with 128 countries and deficits with 81 through October. That compares with 134 surpluses and 77 deficits for the same period one year earlier. The top three surpluses through October of this year were with Australia, $1.66 billion; United Arab Emirates, $409.65 million; and The Netherlands, $401.16 million. The top three deficits through October of this year were with China, $18.16 billion; Japan, $3.51 billion; and South Korea, $3.28 billion.
Through October 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 26.53 percent of its total outbound trade. The Port’s top imports were Motor vehicle parts; Prepared foods, beverages; Medicines in individual dosages; Furniture, parts; and Self-propelled heavy construction machinery, accounting for 15.86 percent of all inbound shipments.
Looking more closely at Port of Savannah, Ga.’s exports:
- Motor vehicles for transporting people rose 12.63 percent compared to last year to $1.63 billion.
- Cotton rose 45.44 percent compared to last year to $1.32 billion.
- Chemical wood pulp, not dissolving grade rose 14.02 percent compared to last year to $1.26 billion.
- Misc. uncoated kraft paper, paperboard rose 41.42 percent compared to last year to $1.11 billion.
- Civilian aircraft, parts fell 1.6 percent compared to last year to $915.95 million.
On the import side:
- Motor vehicle parts rose 11.63 percent compared to last year to $2.65 billion.
- Prepared foods, beverages rose 5951.3 percent compared to last year to $2.24 billion.
- Medicines in individual dosages fell 5.5 percent compared to last year to $2.07 billion.
- Furniture, parts rose 10.79 percent compared to last year to $1.48 billion.
- Self-propelled heavy construction machinery rose 64.7 percent compared to last year to $1.48 billion.
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, Germany, Iceland, Norway and The Netherlands. Exports totaled $24.62 billion and imports came to $59.26 billion.