|1||Motor vehicles for transporting people||$741.96 M|
|2||Tanks, armored fighting vehicles, parts||$382.53 M|
|3||Bombs, grenades, cartridges, parts||$222.6 M|
|4||Commercial vehicles||$208.19 M|
|5||Navigational equipment||$173.45 M|
|6||Gasoline, other fuels||$142.47 M|
|7||Defense-related aircraft, parts||$110.29 M|
|8||Civilian aircraft, parts||$97.37 M|
|9||Miscellaneous electrical machinery||$95.51 M|
|10||Uncoated paper, paperboard||$84.97 M|
|2||Bananas and plantains, fresh or dried||$495.33 M|
|3||Gasoline, other fuels||$400.32 M|
|4||Grapes, fresh or dried||$211.8 M|
|5||Avocados, dates, figs, pineapples, etc.||$99.7 M|
|6||Motor vehicles for transporting people||$71.83 M|
|7||Misc. flat rolled steel alloy more than 600mm||$48.43 M|
|8||Oranges, grapefruit, other citrus||$37.13 M|
|9||Medical instruments for surgeons, dentists, vets||$35.26 M|
|10||Fruit and vegetable juices, not fortified||$27.03 M|
Port of Wilmington, Dela.’s trade increases 20.39 percent through October
Port of Wilmington, Dela.’s trade with the world rose 20.39 percent, from $10.15 billion to $12.22 billion through the first 10 months of 2018 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 $3.51 trillion, with exports at $1.39 trillion and imports at $2.12 trillion. The nation’s total trade increased 9.25 percent compared to the same period last year. Exports rose 8.95 percent and imports rose 9.44 percent.
Port of Wilmington, Dela. ranked No. 59 for total trade among the nation’s roughly 450 airports, seaports and border crossings through October of 2018. During the same period of 2017 it ranked No. 60. It finished No. 61 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; Port Laredo; Chicago O’Hare International Airport; John F. Kennedy International Airport and Port of Newark.
Through October Port of Wilmington, Dela.’s top trade parters were No. 1 Nigeria, No. 2 Norway, No. 3 Algeria, No. 4 Iraq and No. 5 Colombia . Through the same period of the previous year, the top trade partners were held by Nigeria, Canada, Brazil, Kuwait and Norway, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Nigeria fell 25.43 percent to $1.54 billion.
Exports rose 78919 percent to $24.1 million. Imports fell 26.6 percent to $1.52 billion.
- Trade with No. 2 Norway rose 117.51 percent to $1.19 billion.
Exports rose 66.67 percent to $32,760. Imports rose 117.51 percent to $1.19 billion.
- Trade with No. 3 Algeria rose 117.4 percent to $1.15 billion.
There were no exports. Imports rose 117.4 percent to $1.15 billion.
- Trade with No. 4 Iraq rose 23.86 percent to $550.07 million.
Exports rose 37.91 percent to $80.82 million. Imports rose 21.72 percent to $469.25 million.
- Trade with No. 5 Colombia rose 12.48 percent to $483.18 million.
Exports rose 73.38 percent to $27.55 million. Imports rose 10.14 percent to $455.62 million.
Port of Wilmington, Dela.’s top five trading partners through October accounted for 40.21 percent of its trade with the world.
Port of Wilmington, Dela. had trade surpluses with 53 countries and deficits with 43 through October. That compares with 52 surpluses and 43 deficits for the same period one year earlier. The top three surpluses through October of this year were with Afghanistan, $389.66 million; Saudi Arabia, $357.96 million; and Qatar, $333.22 million. The top three deficits through October of this year were with Nigeria, $1.49 billion; Norway, $1.19 billion; and Algeria, $1.15 billion.
Through October it’s top exports were Motor vehicles for transporting people; Tanks, armored fighting vehicles, parts; Bombs, grenades, cartridges, parts; Commercial vehicles; and Navigational equipment, in that order. Those accounted for 58.55 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 94.51 percent of all inbound shipments.
Looking more closely at Port of Wilmington, Dela.’s exports:
- Motor vehicles for transporting people rose 3.21 percent compared to last year to $741.96 million.
- Tanks, armored fighting vehicles, parts rose 72.45 percent compared to last year to $382.53 million.
- Bombs, grenades, cartridges, parts fell 41.71 percent compared to last year to $222.6 million.
- Commercial vehicles rose 10.87 percent compared to last year to $208.19 million.
- Navigational equipment totaled $173.45 million. The previous year, there were no exports in this category.
On the import side:
- Oil rose 21.86 percent compared to last year to $7.55 billion.
- Bananas and plantains, fresh or dried rose 8.83 percent compared to last year to $495.33 million.
- Gasoline, other fuels rose 51.47 percent compared to last year to $400.32 million.
- Grapes, fresh or dried rose 6.69 percent compared to last year to $211.8 million.
- Avocados, dates, figs, pineapples, etc. rose 2.55 percent compared to last year to $99.7 million.
Last year Port of Wilmington, Dela. posted total trade with the world of $10 billion. The Port’s deficit was $3.84 billion . At the end of the year, the port’s top five trade partners were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $3.08 billion and imports came to $6.92 billion.