|2||Gasoline, other fuels||$37.33 M|
|3||Copper ores and concentrates||$32.83 M|
|4||Lead ores and concentrates||$14.88 M|
|5||Zinc ores and concentrates||$8.89 M|
|7||Fish, fresh or chilled||$743,719|
|8||Self-propelled heavy construction machinery||$647,994|
|10||Cyanides, cyanide oxides||$242,376|
|1||Copper ores and concentrates||$4.54 M|
|3||Value added to a returned import||$325,147|
|4||Paintings, drawings and other artwork||$63,360|
|5||Misc. ash and slag||$53,847|
|6||Iron and steel containers, more than 300l capacity||$46,485|
|7||Petroleum gases, other gaseous hydrocarbons||$35,350|
|8||Hay, including alfalfa hay, etc.||$32,706|
|9||Electric motors, generators, not sets||$15,382|
|10||Parts for heavy machinery||$14,570|
Port of Skagway, Alaska’s trade increases 1.52 percent through August
Port of Skagway, Alaska’s trade with the world rose 1.52 percent, from $164.76 million to $167.26 million 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 Skagway, Alaska ranked No. 191 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 Skagway, Alaska’s top trade partners were No. 1 South Korea, No. 2 Canada, No. 3 Germany, No. 4 Italy and No. 5 China. Through the same period of the previous year, the top trade partners were held by Canada, China, South Korea, Italy and Germany, respectively.
Taking a closer look at its leading trade partners:
Port of Skagway, Alaska’s top five trading partners through August accounted for 100 percent of its trade with the world.
Port of Skagway, Alaska had trade surpluses with two countries and deficits with one through August. That compares with two surpluses and two deficits for the same period one year earlier. The top three surpluses through August of this year were with South Korea, $118.91 million; Canada, $35.52 million; and Italy, $0. The top three deficits through August of this year were with Germany, $18,219; Italy, $0; and China, $0.
Through August its top exports were Oil; Gasoline, other fuels; Copper ores and concentrates; Lead ores and concentrates; and Zinc ores and concentrates, in that order. Those accounted for 97.14 percent of its total outbound trade. The Port’s top imports were Copper ores and concentrates; Gold; Value added to a returned import; Paintings, drawings and other artwork; and Misc. ash and slag, accounting for 97.08 percent of all inbound shipments.
Looking more closely at Port of Skagway, Alaska’s exports:
- Oil rose 0.02 percent compared to last year to $62.32 million.
- Gasoline, other fuels fell 5.77 percent compared to last year to $37.33 million.
- Copper ores and concentrates rose 161.71 percent compared to last year to $32.83 million.
- Lead ores and concentrates totaled $14.88 million. The previous year, there were no exports in this category.
- Zinc ores and concentrates totaled $8.89 million. The previous year, there were no exports in this category.
On the import side:
- Copper ores and concentrates fell 89.18 percent compared to last year to $4.54 million.
- Gold totaled $1.25 million. The previous year, there were no imports in this category.
- Value added to a returned import rose 792.11 percent compared to last year to $325,147.
- Paintings, drawings and other artwork totaled $63,360. The previous year, there were no imports in this category.
- Misc. ash and slag totaled $53,847. The previous year, there were no imports in this category.
Last year Port of Skagway, Alaska posted total trade with the world of $295.05 million. The Port’s surplus was $182.36 million. At the end of the year, the port’s top five trade partners were Canada, China, South Korea, Colombia and Italy. Exports totaled $238.7 million and imports came to $56.35 million.