|1||Civilian aircraft, parts||$576.05 M|
|4||Gasoline, other fuels||$71.15 M|
|5||Potatoes, prepared, frozen||$69.21 M|
|6||Hay, including alfalfa hay, etc.||$49.71 M|
|7||Fresh apples, pears||$32.81 M|
|8||Misc. articles of stone, mineral substance||$32.69 M|
|9||Beans, peas, dried or shelled||$31.74 M|
|10||Seeds, fruits and spores, for sowing||$28.86 M|
|1||Defense-related aircraft, parts||$109.51 M|
|2||Furniture, parts||$104.96 M|
|3||Motor vehicle parts||$91.7 M|
|4||Plastic shoes||$81.22 M|
|5||Athletic, other textile shoes||$81.13 M|
|6||TVs, computer monitors||$78.07 M|
|7||Seats, excluding barber, dental||$69.72 M|
|8||Leather shoes||$65.83 M|
|9||Toys, children's bicycles, games||$59.51 M|
|10||Shrimp, other crustaceans||$52.23 M|
Port of Seattle, Wash.’s trade increases 19.7 percent through February
Port of Seattle, Wash.’s trade with the world rose 19.7 percent, from $4.39 billion to $5.26 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 Seattle, Wash. ranked No. 30 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 Seattle, Wash.’s top trade parters were No. 1 China, No. 2 Canada, No. 3 South Korea, No. 4 Japan and No. 5 Australia . Through the same period of the previous year, the top trade partners were held by China, South Korea, Canada, Japan and Australia, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 China rose 3.71 percent to $2.31 billion.
Exports fell 27.37 percent to $287.18 million. Imports rose 10.43 percent to $2.02 billion.
- Trade with No. 2 Canada rose 117.84 percent to $669.97 million.
Exports rose 131.63 percent to $644.54 million. Imports fell 13.18 percent to $25.43 million.
- Trade with No. 3 South Korea rose 3.78 percent to $329.33 million.
Exports rose 17.58 percent to $132.06 million. Imports fell 3.79 percent to $197.27 million.
- Trade with No. 4 Japan rose 31.96 percent to $185.03 million.
Exports rose 30.13 percent to $124.7 million. Imports rose 35.92 percent to $60.33 million.
- Trade with No. 5 Australia rose 7.29 percent to $132.92 million.
Exports rose 1.3 percent to $51.71 million. Imports rose 11.49 percent to $81.2 million.
Port of Seattle, Wash.’s top five trading partners through February accounted for 69.01 percent of its trade with the world.
Port of Seattle, Wash. had trade surpluses with 76 countries and deficits with 77 through February. That compares with 65 surpluses and 84 deficits for the same period one year earlier. The top three surpluses through February of this year were with Canada, $619.11 million; Japan, $64.37 million; and The Netherlands, $39.29 million. The top three deficits through February of this year were with China, $1.74 billion; Vietnam, $100.81 million; and South Korea, $65.21 million.
Through February it’s top exports were Civilian aircraft, parts; Soybeans; Corn; Gasoline, other fuels; and Potatoes, prepared, frozen, in that order. Those accounted for 52.53 percent of its total outbound trade. The Port’s top imports were Defense-related aircraft, parts; Furniture, parts; Motor vehicle parts; Plastic shoes; and Athletic, other textile shoes, accounting for 13.72 percent of all inbound shipments.
Looking more closely at Port of Seattle, Wash.’s exports:
- Civilian aircraft, parts rose 214.72 percent compared to last year to $576.05 million.
- Soybeans fell 3.86 percent compared to last year to $175.65 million.
- Corn rose 60.66 percent compared to last year to $74.5 million.
- Gasoline, other fuels rose 142.09 percent compared to last year to $71.15 million.
- Potatoes, prepared, frozen rose 37.64 percent compared to last year to $69.21 million.
On the import side:
- Defense-related aircraft, parts rose 6.45 percent compared to last year to $109.51 million.
- Furniture, parts rose 3.59 percent compared to last year to $104.96 million.
- Motor vehicle parts rose 74.54 percent compared to last year to $91.7 million.
- Plastic shoes rose 4.19 percent compared to last year to $81.22 million.
- Athletic, other textile shoes rose 24.99 percent compared to last year to $81.13 million.
Last year Port of Seattle, Wash. posted total trade with the world of $21.66 billion. The Port’s deficit was $8.74 billion . At the end of the year, the port’s top five trade partners were Canada, The Netherlands, Iceland, Germany and Norway. Exports totaled $6.46 billion and imports came to $15.2 billion.