|1||Civilian aircraft, parts||$14.92 M|
|2||Organic compound precious metals||$4.62 M|
|3||Unvulc Rubber Forms Nesoi & Unvulc Rubber Art 4006||$3.86 M|
|5||Machine tool parts||$363,261|
|6||Misc. aircraft parts||$304,423|
|7||Lifting, handling, loading, unloading machines||$176,800|
|8||Pumps for dispensing liquids||$134,062|
|9||Electric motor, generator parts||$106,800|
|10||Electric, laser or other light or photon beam inst||$101,474|
|2||Bombs, grenades, cartridges, parts||$1.68 M|
|3||Returned exports, without change||$484,464|
|4||Misc. aircraft parts||$380,224|
|5||Defense-related aircraft, parts||$376,816|
|6||Taps, cocks and valves for pipes, tanks||$321,265|
|7||Bras, panties, etc.||$115,812|
|8||Pumps for dispensing liquids||$87,158|
|9||Electrical boards, panels and switches||$84,279|
|10||Electric storage batteries||$69,077|
Port of Tulsa, Okla.’s trade decreases 22.88 percent through July
Port of Tulsa, Okla.’s trade with the world fell 22.88 percent, from $1.69 billion to $1.3 billion through the first seven months of 2020 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 $2.08 trillion, with exports at $799.82 billion and imports at $1.28 trillion. The nation’s total trade decreased 13.79 percent compared to the same period last year. Exports fell 16.38 percent and imports fell 12.08 percent.
Port of Tulsa, Okla. ranked No. 114 for total trade among the nation’s roughly 450 airports, seaports and border crossings through July of 2020. During the same period of 2019 it ranked No. 113. It finished No. 114 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; Chicago O’Hare International Airport; John F. Kennedy International Airport; Port Laredo and Port of Newark.
Through July Port of Tulsa, Okla.’s top trade partners were No. 1 Canada, No. 2 Israel, No. 3 Japan, No. 4 United Kingdom and No. 5 Belgium. Through the same period of the previous year, the top trade partners were held by Canada, Israel, Japan, South Korea and United Kingdom, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Canada fell 32.97 percent to $1.1 billion.
Exports rose 347.14 percent to $740,907. Imports fell 33.01 percent to $1.09 billion.
- Trade with No. 2 Israel fell 53 percent to $13.94 million.
Exports fell 52.92 percent to $13.94 million. There were no imports.
- Trade with No. 3 Japan fell 52.61 percent to $3.07 million.
Exports fell 52.15 percent to $3.07 million. Imports fell 90.85 percent to $7,100.
- Trade with No. 4 United Kingdom fell 1.75 percent to $2.04 million.
Exports fell 41.31 percent to $201,820. Imports rose 6.11 percent to $1.84 million.
- Trade with No. 5 Belgium rose 5117.32 percent to $1.53 million.
Exports rose 6643.94 percent to $1.52 million. Imports rose 62.47 percent to $11,085.
Port of Tulsa, Okla.’s top five trading partners through July accounted for 99.43 percent of its trade with the world.
Port of Tulsa, Okla. had trade surpluses with 32 countries and deficits with 18 through July. That compares with 41 surpluses and 22 deficits for the same period one year earlier. The top three surpluses through July of this year were with Israel, $13.94 million; Japan, $3.06 million; and Belgium, $1.51 million. The top three deficits through July of this year were with Canada, $1.09 billion; United Kingdom, $1.64 million; and France, $144,593.
Through July its top exports were Civilian aircraft, parts; Organic compound precious metals; Unvulc Rubber Forms Nesoi & Unvulc Rubber Art 4006; Medical instruments; and Machine tool parts, in that order. Those accounted for 94.41 percent of its total outbound trade. The Port’s top imports were Oil; Bombs, grenades, cartridges, parts; Returned exports, without change; Misc. aircraft parts; and Defense-related aircraft, parts, accounting for 99.89 percent of all inbound shipments.
Looking more closely at Port of Tulsa, Okla.’s exports:
- Civilian aircraft, parts fell 50.59 percent compared to last year to $14.92 million.
- Organic compound precious metals fell 56.41 percent compared to last year to $4.62 million.
- Unvulc Rubber Forms Nesoi & Unvulc Rubber Art 4006 fell 7.57 percent compared to last year to $3.86 million.
- Medical instruments fell 63.08 percent compared to last year to $391,122.
- Machine tool parts rose 43.74 percent compared to last year to $363,261.
On the import side:
- Oil fell 22.2 percent compared to last year to $1.27 billion.
- Bombs, grenades, cartridges, parts totaled $1.68 million. The previous year, there were no imports in this category.
- Returned exports, without change fell 10.35 percent compared to last year to $484,464.
- Misc. aircraft parts rose 92.11 percent compared to last year to $380,224.
- Defense-related aircraft, parts fell 83.64 percent compared to last year to $376,816.
Last year Port of Tulsa, Okla. posted total trade with the world of $2.88 billion. The Port’s deficit was $2.73 billion. Exports totaled $74.31 million and imports came to $2.81 billion.