|1||Civilian aircraft, parts||$702.42 M|
|3||Potatoes, prepared, frozen||$283.38 M|
|5||Gasoline, other fuels||$229.69 M|
|6||Hay, including alfalfa hay, etc.||$215.33 M|
|7||Frozen fish||$173.74 M|
|8||Beans, peas, dried or shelled||$147.52 M|
|9||Misc. articles of stone, mineral substance||$136.15 M|
|10||Cheese and curd||$112.71 M|
|1||Defense-related aircraft, parts||$437.42 M|
|2||Furniture, parts||$368.43 M|
|3||Video game consoles||$349.28 M|
|4||Motor vehicle parts||$335.03 M|
|5||Athletic, other textile shoes||$320.49 M|
|6||TVs, computer monitors||$318.03 M|
|7||Plastic shoes||$270.27 M|
|9||Leather shoes||$229.62 M|
|10||Seats, excluding barber, dental||$221.62 M|
Port of Seattle, Wash.’s trade decreases 0.39 percent through August
Port of Seattle, Wash.’s trade with the world fell 0.39 percent, from $19.31 billion to $19.24 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 Seattle, Wash. ranked No. 33 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 Seattle, Wash.’s top trade partners were No. 1 China, No. 2 South Korea, No. 3 Canada, No. 4 Japan and No. 5 Australia. Through the same period of the previous year, the top trade partners were held by China, Canada, South Korea, Japan and Taiwan, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 China fell 5.03 percent to $8.61 billion.
Exports fell 19.44 percent to $1.02 billion. Imports fell 2.69 percent to $7.59 billion.
- Trade with No. 2 South Korea fell 12.43 percent to $1.21 billion.
Exports fell 9.88 percent to $518.2 million. Imports fell 14.25 percent to $690.34 million.
- Trade with No. 3 Canada fell 26.33 percent to $1.11 billion.
Exports fell 27.49 percent to $979.03 million. Imports fell 16.34 percent to $132.04 million.
- Trade with No. 4 Japan rose 24.64 percent to $764.49 million.
Exports rose 28.49 percent to $522 million. Imports rose 17.09 percent to $242.49 million.
- Trade with No. 5 Australia rose 2.14 percent to $567.54 million.
Exports fell 8.97 percent to $211.52 million. Imports rose 10.14 percent to $356.02 million.
Port of Seattle, Wash.’s top five trading partners through August accounted for 63.75 percent of its trade with the world.
Port of Seattle, Wash. had trade surpluses with 91 countries and deficits with 86 through August. That compares with 94 surpluses and 86 deficits for the same period one year earlier. The top three surpluses through August of this year were with Canada, $846.99 million; Japan, $279.51 million; and Hong Kong, $174.99 million. The top three deficits through August of this year were with China, $6.57 billion; Vietnam, $368.82 million; and Taiwan, $212.02 million.
Through August its top exports were Civilian aircraft, parts; Soybeans; Potatoes, prepared, frozen; Corn; and Gasoline, other fuels, in that order. Those accounted for 32.37 percent of its total outbound trade. The Port’s top imports were Defense-related aircraft, parts; Furniture, parts; Video game consoles; Motor vehicle parts; and Athletic, other textile shoes, accounting for 13.44 percent of all inbound shipments.
Looking more closely at Port of Seattle, Wash.’s exports:
- Civilian aircraft, parts fell 28.12 percent compared to last year to $702.42 million.
- Soybeans fell 13.94 percent compared to last year to $411.58 million.
- Potatoes, prepared, frozen rose 11.77 percent compared to last year to $283.38 million.
- Corn fell 39.3 percent compared to last year to $239.36 million.
- Gasoline, other fuels fell 8.12 percent compared to last year to $229.69 million.
On the import side:
- Defense-related aircraft, parts rose 7.05 percent compared to last year to $437.42 million.
- Furniture, parts fell 16.77 percent compared to last year to $368.43 million.
- Video game consoles rose 397.96 percent compared to last year to $349.28 million.
- Motor vehicle parts rose 19.5 percent compared to last year to $335.03 million.
- Athletic, other textile shoes rose 33.54 percent compared to last year to $320.49 million.
Last year Port of Seattle, Wash. posted total trade with the world of $30.19 billion. The Port’s deficit was $12.03 billion. At the end of the year, the port’s top five trade partners were China, South Korea, Canada, Japan and Taiwan. Exports totaled $9.08 billion and imports came to $21.11 billion.