|1||Civilian aircraft, parts||$30.23 M|
|2||Organic compound precious metals||$10.61 M|
|3||Unvulc Rubber Forms Nesoi & Unvulc Rubber Art 4006||$4.94 M|
|4||Medical instruments for surgeons, dentists, vets||$1.15 M|
|5||Lifting, handling, loading, unloading machines||$321,600|
|6||Machine tool parts||$311,183|
|7||Furnace burners; mechanical stokers, parts||$198,477|
|8||Titanium, including waste and scrap||$182,376|
|9||Electric, laser or other light or photon beam inst||$101,599|
|10||Misc. plastic articles||$87,720|
|2||Defense-related aircraft, parts||$2.45 M|
|3||Value added to a returned import||$547,291|
|4||Fishing rods, tackle, nets, decoys||$304,294|
|6||Petroleum gases, other gaseous hydrocarbons||$224,806|
|7||Aircraft engines, engine parts||$197,925|
|8||Pumps for dispensing liquids||$191,613|
|9||TVs, computer monitors||$191,584|
|10||Taps, cocks and valves for pipes, tanks||$185,043|
Port of Tulsa, Okla.’s trade decreases 19.38 percent through August
Port of Tulsa, Okla.’s trade with the world fell 19.38 percent, from $2.36 billion to $1.9 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 Tulsa, Okla. ranked No. 112 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 Tulsa, Okla.’s top trade partners were No. 1 Canada, No. 2 Israel, No. 3 Japan, No. 4 South Korea and No. 5 Singapore. Through the same period of the previous year, the top trade partners were held by Canada, Germany, China, The Netherlands and France, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Canada fell 20.55 percent to $1.85 billion.
Exports fell 93.12 percent to $165,698. Imports fell 20.48 percent to $1.85 billion.
- Trade with No. 2 Israel rose 18589 percent to $29.68 million.
Exports rose 18548 percent to $29.61 million. Imports totaled $64,722.
- Trade with No. 3 Japan rose 3083.52 percent to $6.49 million.
Exports rose 3045.49 percent to $6.42 million. Imports totaled $77,578.
- Trade with No. 4 South Korea rose 4890.57 percent to $3.44 million.
Exports rose 11341 percent to $3.34 million. Imports rose 141.75 percent to $95,898.
- Trade with No. 5 Singapore rose 121.25 percent to $2.45 million.
Exports rose 119.91 percent to $2.43 million. Imports totaled $14,814.
Port of Tulsa, Okla.’s top five trading partners through August accounted for 99.35 percent of its trade with the world.
Port of Tulsa, Okla. had trade surpluses with 41 countries and deficits with 22 through August. That compares with 37 surpluses and 20 deficits for the same period one year earlier. The top three surpluses through August of this year were with Israel, $29.55 million; Japan, $6.34 million; and South Korea, $3.25 million. The top three deficits through August of this year were with Canada, $1.85 billion; United Kingdom, $1.53 million; and China, $665,381.
Through August its top exports were Civilian aircraft, parts; Organic compound precious metals; Unvulc Rubber Forms Nesoi & Unvulc Rubber Art 4006; Medical instruments for surgeons, dentists, vets; and Lifting, handling, loading, unloading machines, in that order. Those accounted for 96.17 percent of its total outbound trade. The Port’s top imports were Oil; Defense-related aircraft, parts; Value added to a returned import; Fishing rods, tackle, nets, decoys; and Computers, accounting for 99.88 percent of all inbound shipments.
Looking more closely at Port of Tulsa, Okla.’s exports:
- Civilian aircraft, parts rose 1515.48 percent compared to last year to $30.23 million.
- Organic compound precious metals rose 640.16 percent compared to last year to $10.61 million.
- Unvulc Rubber Forms Nesoi & Unvulc Rubber Art 4006 rose 58.5 percent compared to last year to $4.94 million.
- Medical instruments for surgeons, dentists, vets rose 12.84 percent compared to last year to $1.15 million.
- Lifting, handling, loading, unloading machines totaled $321,600. The previous year, there were no exports in this category.
On the import side:
- Oil fell 20.44 percent compared to last year to $1.85 billion.
- Defense-related aircraft, parts rose 190.93 percent compared to last year to $2.45 million.
- Value added to a returned import rose 9.18 percent compared to last year to $547,291.
- Fishing rods, tackle, nets, decoys rose 536.89 percent compared to last year to $304,294.
- Computers totaled $283,849. The previous year, there were no imports in this category.
Last year Port of Tulsa, Okla. posted total trade with the world of $3.51 billion. The Port’s deficit was $3.43 billion. At the end of the year, the port’s top five trade partners were Canada, Germany, Japan, China and Singapore. Exports totaled $40.95 million and imports came to $3.47 billion.