|3||Copper ores and concentrates||$72.26 M|
|5||Rape or Colza Seeds, Whether or Not Broken 1205||$10.56 M|
|6||Scrap iron, steel||$10.38 M|
|7||Chemical wood pulp, not dissolving grade||$3.89 M|
|8||Misc. clays||$3.1 M|
|9||Copper waste and scrap||$767,003|
|10||Centrifuges, filters, machines and parts||$443,161|
|1||Motor vehicles for transporting people||$182.25 M|
|2||Semifinished products of Iron, nonalloy steel||$39.55 M|
|3||Steel ingots||$29.66 M|
|4||Nitrogenous fertilizers||$8.63 M|
|5||Misc. mineral or chemical fertilizers||$8.63 M|
|6||Flat-rolled iron, steel not under 600 mm||$8.55 M|
|7||Hot-rolled flat iron, non-alloy steel||$6.47 M|
|8||Iron and steel pipes and tubing||$5.45 M|
|9||Sodium or potassium hydroxide or peroxide||$4.91 M|
|10||Gasoline, other fuels||$3.15 M|
Port of Vancouver, Wash.’s trade increases 10.74 percent through February
Port of Vancouver, Wash.’s trade with the world rose 10.74 percent, from $657.63 million to $728.26 million through the first two 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 $650.55 billion, with exports at $260.05 billion and imports at $390.5 billion. The nation’s total trade increased 1.11 percent compared to the same period last year. Exports rose 2.61 percent and imports rose 0.14 percent.
Port of Vancouver, Wash. ranked No. 93 for total trade among the nation’s roughly 450 airports, seaports and border crossings through February 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; Port of Newark; John F. Kennedy International Airport and Chicago O’Hare International Airport.
Through February Port of Vancouver, Wash.’s top trade parters were No. 1 Japan, No. 2 China, No. 3 South Korea, No. 4 Philippines and No. 5 Russia . Through the same period of the previous year, the top trade partners were held by Japan, China, Russia, South Korea and Taiwan, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Japan fell 9.55 percent to $265.87 million.
Exports rose 51.52 percent to $82.01 million. Imports fell 23.33 percent to $183.86 million.
- Trade with No. 2 China fell 27.16 percent to $122.76 million.
Exports fell 27.37 percent to $122.29 million. Imports rose 199.71 percent to $471,327.
- Trade with No. 3 South Korea rose 23.06 percent to $56.14 million.
Exports rose 12.25 percent to $40.45 million. Imports rose 63.7 percent to $15.69 million.
- Trade with No. 4 Philippines rose 237.68 percent to $54.83 million.
Exports rose 237.68 percent to $54.83 million. There were no imports.
- Trade with No. 5 Russia fell 0.88 percent to $49.11 million.
There were no exports. Imports fell 0.88 percent to $49.11 million.
Port of Vancouver, Wash.’s top five trading partners through February accounted for 75.35 percent of its trade with the world.
Port of Vancouver, Wash. had trade surpluses with 24 countries and deficits with six through February. That compares with 15 surpluses and six deficits for the same period one year earlier. The top three surpluses through February of this year were with China, $121.82 million; Philippines, $54.83 million; and Malaysia, $39.4 million. The top three deficits through February of this year were with Japan, $101.85 million; Russia, $49.11 million; and Mexico, $18.54 million.
Through February it’s top exports were Wheat; Soybeans; Copper ores and concentrates; Corn; and Rape or Colza Seeds, Whether or Not Broken 1205, in that order. Those accounted for 95.09 percent of its total outbound trade. The Port’s top imports were Motor vehicles for transporting people; Semifinished products of Iron, nonalloy steel; Steel ingots; Nitrogenous fertilizers; and Misc. mineral or chemical fertilizers, accounting for 88.7 percent of all inbound shipments.
Looking more closely at Port of Vancouver, Wash.’s exports:
- Wheat rose 95.5 percent compared to last year to $151.42 million.
- Soybeans rose 69.15 percent compared to last year to $134.62 million.
- Copper ores and concentrates fell 17.45 percent compared to last year to $72.26 million.
- Corn fell 8.34 percent compared to last year to $35.59 million.
- Rape or Colza Seeds, Whether or Not Broken 1205 totaled $10.56 million. The previous year, there were no exports in this category.
On the import side:
- Motor vehicles for transporting people fell 23.88 percent compared to last year to $182.25 million.
- Semifinished products of Iron, nonalloy steel fell 21.2 percent compared to last year to $39.55 million.
- Steel ingots rose 346.51 percent compared to last year to $29.66 million.
- Nitrogenous fertilizers fell 3.73 percent compared to last year to $8.63 million.
- Misc. mineral or chemical fertilizers totaled $8.63 million. The previous year, there were no imports in this category.
Last year Port of Vancouver, Wash. posted total trade with the world of $3.96 billion. The Port’s deficit was $225.65 million . At the end of the year, the port’s top five trade partners were Canada, The Netherlands, Iceland, Germany and Norway. Exports totaled $1.87 billion and imports came to $2.09 billion.