|1||Motor vehicles for transporting people||$758.82 M|
|2||Navigational equipment||$330.44 M|
|3||Commercial vehicles||$266.07 M|
|4||Civilian aircraft, parts||$231.68 M|
|5||Defense-related aircraft, parts||$213.16 M|
|6||Cranes, derricks, industrial-use vehicles||$194.48 M|
|7||Medical instrument parts||$192.87 M|
|8||Bombs, grenades, cartridges, parts||$186.72 M|
|9||Miscellaneous electrical machinery||$169.17 M|
|10||Military weapons, excluding pistols||$149.44 M|
|2||Bananas and plantains, fresh or dried||$423.2 M|
|3||Gasoline, other fuels||$295.97 M|
|4||Grapes, fresh or dried||$186.61 M|
|5||Avocados, dates, figs, pineapples, etc.||$79.71 M|
|6||Medical instruments for surgeons, dentists, vets||$51.84 M|
|7||Misc. flat rolled steel alloy more than 600mm||$34.73 M|
|8||Misc. cereal grains||$26.25 M|
|9||Fruit and vegetable juices, not fortified||$23.34 M|
|10||U.S. government imports||$22.31 M|
Port of Wilmington, Dela.’s trade decreases 5.01 percent through August
Port of Wilmington, Dela.’s trade with the world fell 5.01 percent, from $9.68 billion to $9.19 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 Wilmington, Dela. ranked No. 63 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 Wilmington, Dela.’s top trade partners were No. 1 Norway, No. 2 Russia, No. 3 Qatar, No. 4 Nigeria and No. 5 United Kingdom. Through the same period of the previous year, the top trade partners were held by Nigeria, Norway, Algeria, Iraq and Angola, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Norway rose 12.46 percent to $951.03 million.
There were no exports. Imports rose 12.47 percent to $951.03 million.
- Trade with No. 2 Russia rose 139.95 percent to $716.57 million.
Exports fell 44.13 percent to $6.85 million. Imports rose 147.83 percent to $709.72 million.
- Trade with No. 3 Qatar rose 247.32 percent to $649.31 million.
Exports rose 247.32 percent to $649.31 million. There were no imports.
- Trade with No. 4 Nigeria fell 55.97 percent to $568.01 million.
Exports rose 172.34 percent to $43.09 million. Imports fell 58.8 percent to $524.92 million.
- Trade with No. 5 United Kingdom rose 186.46 percent to $556.96 million.
Exports fell 49.28 percent to $3.33 million. Imports rose 194.71 percent to $553.63 million.
Port of Wilmington, Dela.’s top five trading partners through August accounted for 37.43 percent of its trade with the world.
Port of Wilmington, Dela. had trade surpluses with 69 countries and deficits with 31 through August. That compares with 49 surpluses and 43 deficits for the same period one year earlier. The top three surpluses through August of this year were with Qatar, $649.31 million; Saudi Arabia, $504.99 million; and Kuwait, $354.67 million. The top three deficits through August of this year were with Norway, $951.03 million; Russia, $702.87 million; and United Kingdom, $550.3 million.
Through August its top exports were Motor vehicles for transporting people; Navigational equipment; Commercial vehicles; Civilian aircraft, parts; and Defense-related aircraft, parts, in that order. Those accounted for 52.34 percent of its total outbound trade. The Port’s top imports were Oil; Bananas and plantains, fresh or dried; Gasoline, other fuels; Grapes, fresh or dried; and Avocados, dates, figs, pineapples, etc., accounting for 93.31 percent of all inbound shipments.
Looking more closely at Port of Wilmington, Dela.’s exports:
- Motor vehicles for transporting people rose 32.4 percent compared to last year to $758.82 million.
- Navigational equipment rose 230.1 percent compared to last year to $330.44 million.
- Commercial vehicles rose 45.12 percent compared to last year to $266.07 million.
- Civilian aircraft, parts rose 137.94 percent compared to last year to $231.68 million.
- Defense-related aircraft, parts rose 246.55 percent compared to last year to $213.16 million.
On the import side:
- Oil fell 26.44 percent compared to last year to $4.38 billion.
- Bananas and plantains, fresh or dried rose 6.33 percent compared to last year to $423.2 million.
- Gasoline, other fuels fell 12.65 percent compared to last year to $295.97 million.
- Grapes, fresh or dried fell 11.89 percent compared to last year to $186.61 million.
- Avocados, dates, figs, pineapples, etc. fell 2.59 percent compared to last year to $79.71 million.
Last year Port of Wilmington, Dela. posted total trade with the world of $14.51 billion. The Port’s deficit was $7.38 billion. At the end of the year, the port’s top five trade partners were Nigeria, Norway, Algeria, Saudi Arabia and Iraq. Exports totaled $3.57 billion and imports came to $10.94 billion.