|1||Coal, briquettes||$118.5 M|
|3||Gasoline, other fuels||$28.58 M|
|5||Petroleum products||$8 M|
|6||Pebbles, gravel||$5.6 M|
|7||Coke Etc of Coal, Lignite or Peat; Retort Car 2704||$2.34 M|
|8||Portland, aluminous and slag cement||$2.03 M|
|10||Various forms of salt||$1.47 M|
|2||Aluminum, unwrought||$261.42 M|
|3||Electrical boards, panels and switches||$77.36 M|
|4||Electric motors, generators, not sets||$31.57 M|
|6||Pig iron||$29.4 M|
|8||Misc. engines and motors, parts||$17.88 M|
|9||Pumps for dispensing liquids||$15.89 M|
|10||Electric motor, generator parts||$14.39 M|
Port of Toledo, Ohio’s trade decreases 15.45 percent through September
Port of Toledo, Ohio’s trade with the world fell 15.45 percent, from $1.52 billion to $1.29 billion through the first nine 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 $3.11 trillion, with exports at $1.23 trillion and imports at $1.88 trillion. The nation’s total trade decreased 0.61 percent compared to the same period last year. Exports fell 1.01 percent and imports fell 0.35 percent.
Port of Toledo, Ohio ranked No. 136 for total trade among the nation’s roughly 450 airports, seaports and border crossings through September 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 September Port of Toledo, Ohio’s top trade partners were No. 1 Canada, No. 2 China, No. 3 Mexico, No. 4 Ukraine and No. 5 Spain. Through the same period of the previous year, the top trade partners were held by Canada, China, Italy, Morocco and South Korea, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Canada fell 14.97 percent to $978.6 million.
Exports fell 1.26 percent to $183.46 million. Imports fell 17.61 percent to $795.14 million.
- Trade with No. 2 China fell 8.9 percent to $160.28 million.
Exports fell 87.5 percent to $3,643. Imports fell 8.89 percent to $160.28 million.
- Trade with No. 3 Mexico rose 177.02 percent to $26.12 million.
Exports rose 615.78 percent to $12.85 million. Imports rose 73.84 percent to $13.27 million.
- Trade with No. 4 Ukraine rose 17.11 percent to $19.88 million.
There were no exports. Imports rose 17.11 percent to $19.88 million.
- Trade with No. 5 Spain rose 198.95 percent to $19.04 million.
There were no exports. Imports totaled $19.04 million.
Port of Toledo, Ohio’s top five trading partners through September accounted for 93.65 percent of its trade with the world.
Port of Toledo, Ohio had trade surpluses with nine countries and deficits with 23 through September. That compares with 25 surpluses and 20 deficits for the same period one year earlier. The top three surpluses through September of this year were with The Netherlands, $11.94 million; Switzerland, $6.8 million; and Colombia, $6.12 million. The top three deficits through September of this year were with Canada, $611.69 million; China, $160.27 million; and Ukraine, $19.88 million.
Through September its top exports were Coal, briquettes; Soybeans; Gasoline, other fuels; Wheat; and Petroleum products, in that order. Those accounted for 90.85 percent of its total outbound trade. The Port’s top imports were Oil; Aluminum, unwrought; Electrical boards, panels and switches; Electric motors, generators, not sets; and Oats, accounting for 79.95 percent of all inbound shipments.
Looking more closely at Port of Toledo, Ohio’s exports:
- Coal, briquettes rose 8.93 percent compared to last year to $118.5 million.
- Soybeans fell 50.41 percent compared to last year to $44.62 million.
- Gasoline, other fuels fell 17.95 percent compared to last year to $28.58 million.
- Wheat rose 340.96 percent compared to last year to $13.46 million.
- Petroleum products rose 4.83 percent compared to last year to $8 million.
On the import side:
- Oil fell 31.79 percent compared to last year to $440.26 million.
- Aluminum, unwrought rose 12.31 percent compared to last year to $261.42 million.
- Electrical boards, panels and switches rose 52.6 percent compared to last year to $77.36 million.
- Electric motors, generators, not sets rose 11.08 percent compared to last year to $31.57 million.
- Oats rose 83.21 percent compared to last year to $29.57 million.
Last year Port of Toledo, Ohio posted total trade with the world of $2.09 billion. The Port’s deficit was $1.15 billion. At the end of the year, the port’s top five trade partners were Canada, China, Italy, Ukraine and Morocco. Exports totaled $471 million and imports came to $1.62 billion.