|1||Passenger vehicles||$330.38 M|
|2||Defense-related aircraft, parts||$171.95 M|
|3||Navigational equipment||$146.7 M|
|4||Commercial vehicles||$98.53 M|
|5||Bombs, grenades, cartridges, parts||$93.61 M|
|6||Medical instrument parts||$76.37 M|
|7||Civilian aircraft, parts||$71.32 M|
|8||Cranes, derricks, industrial-use vehicles||$64.53 M|
|9||Military weapons, excluding pistols||$53.45 M|
|10||Miscellaneous electrical machinery||$36.81 M|
|2||Bananas and plantains, fresh or dried||$270.07 M|
|3||Grapes, fresh or dried||$187.04 M|
|4||Gasoline, other fuels||$154.05 M|
|5||Avocados, dates, figs, pineapples, etc.||$45.27 M|
|6||Regional aircraft, satellites, etc.||$29.08 M|
|7||Fruit and vegetable juices, not fortified||$19.64 M|
|8||Oranges, grapefruit, other citrus||$17.73 M|
|9||Misc. flat rolled steel alloy more than 600mm||$16.01 M|
|10||Fresh apricots, cherries, peaches and plums||$9.63 M|
Port of Wilmington, Dela.’s trade decreases 53.33 percent through May
Port of Wilmington, Dela.’s trade with the world fell 53.33 percent, from $6.23 billion to $2.91 billion through the first five 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 $1.48 trillion, with exports at $582.11 billion and imports at $898.44 billion. The nation’s total trade decreased 13.61 percent compared to the same period last year. Exports fell 15.09 percent and imports fell 12.63 percent.
Port of Wilmington, Dela. ranked No. 65 for total trade among the nation’s roughly 450 airports, seaports and border crossings through May of 2020.
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 May Port of Wilmington, Dela.’s top trade partners were No. 1 Saudi Arabia, No. 2 Russia, No. 3 Qatar, No. 4 Chile and No. 5 United Arab Emirates. Through the same period of the previous year, the top trade partners were held by Norway, Russia, Qatar, Congo (Brazzaville) and United Kingdom, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Saudi Arabia rose 5.81 percent to $356.49 million.
Exports rose 4025042 percent to $342.14 million. Imports fell 95.74 percent to $14.35 million.
- Trade with No. 2 Russia fell 45.84 percent to $288.94 million.
Exports fell 100 percent to $3,750. Imports rose 4128.74 percent to $288.94 million.
- Trade with No. 3 Qatar fell 30.84 percent to $270.31 million.
Exports totaled $270.31 million. There were no imports.
- Trade with No. 4 Chile fell 4.63 percent to $214.86 million.
Exports fell 98.66 percent to $2.98 million. Imports rose 6705.79 percent to $211.88 million.
- Trade with No. 5 United Arab Emirates rose 25.24 percent to $207.26 million.
Exports totaled $207.12 million. Imports fell 99.92 percent to $130,883.
Port of Wilmington, Dela.’s top five trading partners through May accounted for 46.04 percent of its trade with the world.
Port of Wilmington, Dela. had trade surpluses with 43 countries and deficits with 35 through May. That compares with 31 surpluses and 61 deficits for the same period one year earlier. The top three surpluses through May of this year were with Saudi Arabia, $327.78 million; Qatar, $270.31 million; and United Arab Emirates, $206.99 million. The top three deficits through May of this year were with Russia, $288.94 million; Chile, $208.89 million; and Mexico, $119.43 million.
Through May its top exports were Passenger vehicles; Defense-related aircraft, parts; Navigational equipment; Commercial vehicles; and Bombs, grenades, cartridges, parts, in that order. Those accounted for 58.2 percent of its total outbound trade. The Port’s top imports were Oil; Bananas and plantains, fresh or dried; Grapes, fresh or dried; Gasoline, other fuels; and Avocados, dates, figs, pineapples, etc., accounting for 85.51 percent of all inbound shipments.
Looking more closely at Port of Wilmington, Dela.’s exports:
- Passenger vehicles fell 27.82 percent compared to last year to $330.38 million.
- Defense-related aircraft, parts rose 139.17 percent compared to last year to $171.95 million.
- Navigational equipment fell 20.16 percent compared to last year to $146.7 million.
- Commercial vehicles fell 46.19 percent compared to last year to $98.53 million.
- Bombs, grenades, cartridges, parts fell 7.8 percent compared to last year to $93.61 million.
On the import side:
- Oil fell 80.76 percent compared to last year to $592.28 million.
- Bananas and plantains, fresh or dried rose 4.45 percent compared to last year to $270.07 million.
- Grapes, fresh or dried rose 0.23 percent compared to last year to $187.04 million.
- Gasoline, other fuels fell 28.49 percent compared to last year to $154.05 million.
- Avocados, dates, figs, pineapples, etc. fell 12.19 percent compared to last year to $45.27 million.
Last year Port of Wilmington, Dela. posted total trade with the world of $11.64 billion. The Port’s deficit was $2.4 billion. Exports totaled $4.62 billion and imports came to $7.02 billion.