|2||Gasoline, other fuels||$54.07 M|
|3||Copper ores and concentrates||$42.93 M|
|4||Various forms of salt||$1.3 M|
|6||Misc. machinery for moving, grading||$304,059|
|7||Float glass, polished sheets||$234,458|
|8||Fish, fresh or chilled||$211,315|
|9||Miscellaneous medical chemical re-agents||$170,848|
|10||Miscellaneous machines, parts||$164,857|
|1||Copper ores and concentrates||$49.25 M|
|2||Gasoline, other fuels||$5.08 M|
|4||Returned exports, with change||$157,180|
|5||Meteorological, hydraulic and survey equipment||$80,603|
|6||Value added to a returned import||$55,992|
|7||Doors, window frames, wooden joinery||$50,830|
|8||Petroleum gases, other gaseous hydrocarbons||$47,311|
|10||Scrap iron, steel||$18,393|
Port of Skagway, Alaska’s trade decreases 0.64 percent through October
Port of Skagway, Alaska’s trade with the world fell 0.64 percent, from $220.09 million to $218.68 million 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 Skagway, Alaska ranked No. 190 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. 186. It finished No. 191 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 Skagway, Alaska’s top trade parters were No. 1 Canada, No. 2 China, No. 3 South Korea, No. 4 Colombia and No. 5 Italy . Through the same period of the previous year, the top trade partners were held by Canada, China, South Korea, Japan and Italy, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Canada fell 10.12 percent to $113.21 million.
Exports rose 10.33 percent to $57.73 million. Imports fell 24.66 percent to $55.47 million.
- Trade with No. 2 China rose 41.23 percent to $92.73 million.
Exports rose 41.28 percent to $92.69 million. Imports fell 17.1 percent to $43,534.
- Trade with No. 3 South Korea fell 17.83 percent to $12.54 million.
Exports fell 17.83 percent to $12.54 million. There were no imports.
- Trade with No. 4 Colombia totaled $170,848.
Exports totaled $170,848. There were no imports.
- Trade with No. 5 Italy fell 89.89 percent to $15,257.
There were no exports. Imports fell 89.89 percent to $15,257.
Port of Skagway, Alaska’s top five trading partners through October accounted for 100 percent of its trade with the world.
Port of Skagway, Alaska had trade surpluses with five countries and deficits with one through October. That compares with three surpluses and three deficits for the same period one year earlier. The top three surpluses through October of this year were with China, $92.65 million; South Korea, $12.54 million; and Canada, $2.26 million. The top three deficits through October of this year were with Italy, $15,257; Japan, $0; and France, $0.
Through October it’s top exports were Oil; Gasoline, other fuels; Copper ores and concentrates; Various forms of salt; and Plastic monofilaments, in that order. Those accounted for 98.82 percent of its total outbound trade. The Port’s top imports were Copper ores and concentrates; Gasoline, other fuels; Gold; Returned exports, with change; and Meteorological, hydraulic and survey equipment, accounting for 99.49 percent of all inbound shipments.
Looking more closely at Port of Skagway, Alaska’s exports:
- Oil rose 27.25 percent compared to last year to $62.31 million.
- Gasoline, other fuels rose 11.07 percent compared to last year to $54.07 million.
- Copper ores and concentrates rose 5378.83 percent compared to last year to $42.93 million.
- Various forms of salt rose 653.08 percent compared to last year to $1.3 million.
- Plastic monofilaments rose 40.06 percent compared to last year to $626,143.
On the import side:
- Copper ores and concentrates fell 29.19 percent compared to last year to $49.25 million.
- Gasoline, other fuels rose 82.48 percent compared to last year to $5.08 million.
- Gold rose 24.01 percent compared to last year to $685,966.
- Returned exports, with change totaled $157,180. The previous year, there were no imports in this category.
- Meteorological, hydraulic and survey equipment totaled $80,603. The previous year, there were no imports in this category.
Last year Port of Skagway, Alaska posted total trade with the world of $309.01 million. The Port’s deficit was $8.23 million . At the end of the year, the port’s top five trade partners were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $150.39 million and imports came to $158.62 million.