|2||Insecticides, fungicides||$182.98 M|
|3||Motor vehicle parts||$179.86 M|
|4||Self-propelled heavy construction machinery||$137.57 M|
|5||Gasoline, other fuels||$126.28 M|
|6||Harvesting machinery for poultry||$126.02 M|
|7||Trailers and similar vehicles||$109.11 M|
|8||Catalytic converters, air filters, oil filters, et||$104.72 M|
|9||Pumps for dispensing liquids||$97.26 M|
|10||Misc. mineral or chemical fertilizers||$89.25 M|
|3||Wood, sawed or chipped, greater than 6 meters thic||$152.26 M|
|4||Returned exports, without change||$151.4 M|
|5||Acyclic hydrocarbons||$119.91 M|
|6||Potassic fertilizers||$107.74 M|
|7||Acyclic alcohols||$87.44 M|
|8||Rape or Colza Seeds, Whether or Not Broken 1205||$80.61 M|
Portal-North Portal Border Crossing, N.D.’s trade decreases 14.3 percent through June
Portal-North Portal Border Crossing, N.D.’s trade with the world fell 14.3 percent, from $8.91 billion to $7.63 billion through the first six 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 $1.77 trillion, with exports at $687.16 billion and imports at $1.08 trillion. The nation’s total trade decreased 14.28 percent compared to the same period last year. Exports fell 16.57 percent and imports fell 12.75 percent.
Portal-North Portal Border Crossing, N.D. ranked No. 53 for total trade among the nation’s roughly 450 airports, seaports and border crossings through June 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 June Portal-North Portal Border Crossing, N.D.’s top trade partners were No. 1 Canada, No. 2 China, No. 3 Japan, No. 4 Singapore and No. 5 Thailand. Through the same period of the previous year, the top trade partners were held by Canada, China, Japan, Thailand and South Korea, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Canada fell 16.98 percent to $6.56 billion.
Exports fell 19.13 percent to $3.82 billion. Imports fell 13.78 percent to $2.74 billion.
- Trade with No. 2 China rose 26.58 percent to $306.88 million.
Exports rose 22.71 percent to $269.43 million. Imports rose 63.75 percent to $37.45 million.
- Trade with No. 3 Japan fell 3.99 percent to $198.22 million.
Exports fell 13.97 percent to $164.22 million. Imports rose 118.22 percent to $34 million.
- Trade with No. 4 Singapore rose 83.62 percent to $114.48 million.
Exports rose 85.06 percent to $114.09 million. Imports fell 44.07 percent to $387,581.
- Trade with No. 5 Thailand fell 31.2 percent to $94.26 million.
Exports fell 31.25 percent to $94.01 million. Imports fell 7.8 percent to $247,976.
Portal-North Portal Border Crossing, N.D.’s top five trading partners through June accounted for 95.35 percent of its trade with the world.
Portal-North Portal Border Crossing, N.D. had trade surpluses with 44 countries and deficits with 33 through June. That compares with 49 surpluses and 34 deficits for the same period one year earlier. The top three surpluses through June of this year were with Canada, $1.08 billion; China, $231.99 million; and Japan, $130.22 million. The top three deficits through June of this year were with Germany, $22.59 million; United Kingdom, $6.02 million; and The Netherlands, $4.3 million.
Through June its top exports were Oil; Insecticides, fungicides; Motor vehicle parts; Self-propelled heavy construction machinery; and Gasoline, other fuels, in that order. Those accounted for 18.23 percent of its total outbound trade. The Port’s top imports were Plastics; Oil; Wood, sawed or chipped, greater than 6 meters thic; Returned exports, without change; and Acyclic hydrocarbons, accounting for 36.18 percent of all inbound shipments.
Looking more closely at Portal-North Portal Border Crossing, N.D.’s exports:
- Oil fell 42.55 percent compared to last year to $239.44 million.
- Insecticides, fungicides rose 14.85 percent compared to last year to $182.98 million.
- Motor vehicle parts fell 0.05 percent compared to last year to $179.86 million.
- Self-propelled heavy construction machinery fell 35.99 percent compared to last year to $137.57 million.
- Gasoline, other fuels rose 14.53 percent compared to last year to $126.28 million.
On the import side:
- Plastics fell 12.41 percent compared to last year to $402.09 million.
- Oil rose 37.3 percent compared to last year to $216.48 million.
- Wood, sawed or chipped, greater than 6 meters thic fell 0.66 percent compared to last year to $152.26 million.
- Returned exports, without change fell 6.53 percent compared to last year to $151.4 million.
- Acyclic hydrocarbons rose 13.89 percent compared to last year to $119.91 million.
Last year Portal-North Portal Border Crossing, N.D. posted total trade with the world of $17.63 billion. The Port’s surplus was $4.89 billion. Exports totaled $11.26 billion and imports came to $6.37 billion.