|2||Harvesting machinery for poultry||$294.22 M|
|3||Self-propelled heavy construction machinery||$282.29 M|
|5||Motor vehicle parts||$245.94 M|
|6||Trailers and similar vehicles||$185.7 M|
|7||Insecticides, fungicides||$177.82 M|
|8||Gasoline, other fuels||$151.84 M|
|9||Pumps for dispensing liquids||$137.6 M|
|10||Commercial vehicles||$128.37 M|
|3||Value added to a returned import||$206.39 M|
|4||Wood, sawed or chipped, greater than 6 meters thic||$206.32 M|
|5||Acyclic alcohols||$181.19 M|
|6||Potassic fertilizers||$133.43 M|
|7||Acyclic hydrocarbons||$125.93 M|
|8||Petroleum gases, other gaseous hydrocarbons||$120.58 M|
|9||Misc. iron, steel tubes, pipes||$102.94 M|
|10||Cyclic hydrocarbons||$98.59 M|
Portal-North Portal Border Crossing, N.D.’s trade decreases 7.25 percent through August
Portal-North Portal Border Crossing, N.D.’s trade with the world fell 7.25 percent, from $12.78 billion to $11.86 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.
Portal-North Portal Border Crossing, N.D. ranked No. 52 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 Portal-North Portal Border Crossing, N.D.’s top trade partners were No. 1 Canada, No. 2 China, No. 3 Japan, No. 4 Thailand and No. 5 South Korea. Through the same period of the previous year, the top trade partners were held by Canada, China, South Korea, Japan and Singapore, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Canada fell 7.17 percent to $10.48 billion.
Exports rose 1.56 percent to $6.38 billion. Imports fell 18.12 percent to $4.1 billion.
- Trade with No. 2 China fell 24.37 percent to $320.36 million.
Exports fell 22.3 percent to $293.1 million. Imports fell 41.17 percent to $27.26 million.
- Trade with No. 3 Japan rose 17.29 percent to $277.62 million.
Exports rose 16.12 percent to $248.76 million. Imports rose 28.4 percent to $28.86 million.
- Trade with No. 4 Thailand rose 271.99 percent to $187.35 million.
Exports rose 270.44 percent to $185.86 million. Imports rose 687.11 percent to $1.48 million.
- Trade with No. 5 South Korea fell 38.43 percent to $154.82 million.
Exports fell 39.32 percent to $151.2 million. Imports rose 58.31 percent to $3.61 million.
Portal-North Portal Border Crossing, N.D.’s top five trading partners through August accounted for 96.35 percent of its trade with the world.
Portal-North Portal Border Crossing, N.D. had trade surpluses with 54 countries and deficits with 34 through August. That compares with 45 surpluses and 36 deficits for the same period one year earlier. The top three surpluses through August of this year were with Canada, $2.28 billion; China, $265.84 million; and Japan, $219.9 million. The top three deficits through August of this year were with Germany, $23.03 million; Mexico, $5.29 million; and Austria, $3.99 million.
Through August its top exports were Oil; Harvesting machinery for poultry; Self-propelled heavy construction machinery; Tractors; and Motor vehicle parts, in that order. Those accounted for 22.78 percent of its total outbound trade. The Port’s top imports were Plastics; Oil; Value added to a returned import; Wood, sawed or chipped, greater than 6 meters thic; and Acyclic alcohols, accounting for 33.3 percent of all inbound shipments.
Looking more closely at Portal-North Portal Border Crossing, N.D.’s exports:
- Oil rose 180.27 percent compared to last year to $635.6 million.
- Harvesting machinery for poultry fell 20.06 percent compared to last year to $294.22 million.
- Self-propelled heavy construction machinery fell 17.86 percent compared to last year to $282.29 million.
- Tractors rose 3.02 percent compared to last year to $279.1 million.
- Motor vehicle parts rose 15.38 percent compared to last year to $245.94 million.
On the import side:
- Plastics fell 5.68 percent compared to last year to $603.97 million.
- Oil fell 57.2 percent compared to last year to $211.22 million.
- Value added to a returned import fell 8.88 percent compared to last year to $206.39 million.
- Wood, sawed or chipped, greater than 6 meters thic fell 29.34 percent compared to last year to $206.32 million.
- Acyclic alcohols fell 15.34 percent compared to last year to $181.19 million.
Last year Portal-North Portal Border Crossing, N.D. posted total trade with the world of $18.85 billion. The Port’s surplus was $3.31 billion. At the end of the year, the port’s top five trade partners were Canada, China, Japan, South Korea and Singapore. Exports totaled $11.08 billion and imports came to $7.77 billion.