|1||Iron ores and concentrates||$106.3 M|
|2||Nickel ores and concentrates||$91.48 M|
|3||Copper ores and concentrates||$73.23 M|
|4||Parts for heavy machinery||$34.12 M|
|5||Motorboats and yachts||$32.76 M|
|6||Ferroalloys 7202||$27.39 M|
|7||Rubber tires||$26.08 M|
|9||Trailers and similar vehicles||$22.71 M|
|10||Coke Etc of Coal, Lignite or Peat; Retort Car 2704||$21.61 M|
|1||Hot-rolled flat iron, non-alloy steel||$434.72 M|
|2||Seamless iron tubes and pipes||$105.08 M|
|3||Gasoline, other fuels||$102.45 M|
|4||Wood, sawed or chipped, greater than 6 meters thic||$85.92 M|
|5||Misc. flat rolled steel alloy more than 600mm||$63.13 M|
|6||Wood fiberboard||$60.5 M|
|7||Value added to a returned import||$54.45 M|
|8||Fl-Rl Iron & Na Steel Nun600Mm Wd Cold-Rl, No 7209||$42.86 M|
|9||Chemical wood pulp, not dissolving grade||$36.97 M|
|10||Doors, window frames, wooden joinery||$36 M|
Sault Ste Marie International Bridge, Mich.’s trade increases 12.82 percent through October
Sault Ste Marie International Bridge, Mich.’s trade with the world rose 12.82 percent, from $2.3 billion to $2.6 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.
Sault Ste Marie International Bridge, Mich. ranked No. 112 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. 114. It finished No. 118 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 Sault Ste Marie International Bridge, Mich.’s top trade parters were No. 1 Canada, No. 2 United Kingdom, No. 3 China, No. 4 France and No. 5 Mexico . Through the same period of the previous year, the top trade partners were held by Canada, United Kingdom, Germany, China and Finland, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Canada rose 12.88 percent to $2.54 billion.
Exports rose 6.99 percent to $1.13 billion. Imports rose 18.04 percent to $1.42 billion.
- Trade with No. 2 United Kingdom rose 0.09 percent to $10.08 million.
Exports rose 583.12 percent to $8.11 million. Imports fell 77.81 percent to $1.97 million.
- Trade with No. 3 China rose 10.16 percent to $6.69 million.
Exports totaled $106,682. Imports rose 8.41 percent to $6.58 million.
- Trade with No. 4 France rose 383.22 percent to $6.13 million.
Exports totaled $106,283. Imports rose 374.85 percent to $6.03 million.
- Trade with No. 5 Mexico rose 15.07 percent to $4.91 million.
There were no exports. Imports rose 15.07 percent to $4.91 million.
Sault Ste Marie International Bridge, Mich.’s top five trading partners through October accounted for 98.95 percent of its trade with the world.
Sault Ste Marie International Bridge, Mich. had trade surpluses with five countries and deficits with 50 through October. That compares with one surpluses and 52 deficits for the same period one year earlier. The top three surpluses through October of this year were with United Kingdom, $6.13 million; South Africa, $1.36 million; and Czech Republic, $853,262. The top three deficits through October of this year were with Canada, $290.73 million; China, $6.47 million; and France, $5.92 million.
Through October it’s top exports were Iron ores and concentrates; Nickel ores and concentrates; Copper ores and concentrates; Parts for heavy machinery; and Motorboats and yachts, in that order. Those accounted for 29.71 percent of its total outbound trade. The Port’s top imports were Hot-rolled flat iron, non-alloy steel; Seamless iron tubes and pipes; Gasoline, other fuels; Wood, sawed or chipped, greater than 6 meters thic; and Misc. flat rolled steel alloy more than 600mm, accounting for 54.18 percent of all inbound shipments.
Looking more closely at Sault Ste Marie International Bridge, Mich.’s exports:
- Iron ores and concentrates fell 5.33 percent compared to last year to $106.3 million.
- Nickel ores and concentrates fell 22.69 percent compared to last year to $91.48 million.
- Copper ores and concentrates fell 4.16 percent compared to last year to $73.23 million.
- Parts for heavy machinery rose 15.61 percent compared to last year to $34.12 million.
- Motorboats and yachts rose 17.38 percent compared to last year to $32.76 million.
On the import side:
- Hot-rolled flat iron, non-alloy steel rose 43.11 percent compared to last year to $434.72 million.
- Seamless iron tubes and pipes rose 57.64 percent compared to last year to $105.08 million.
- Gasoline, other fuels rose 458.69 percent compared to last year to $102.45 million.
- Wood, sawed or chipped, greater than 6 meters thic fell 0.08 percent compared to last year to $85.92 million.
- Misc. flat rolled steel alloy more than 600mm rose 28.17 percent compared to last year to $63.13 million.
Last year Sault Ste Marie International Bridge, Mich. posted total trade with the world of $2.28 billion. The Port’s deficit was $255.93 million . At the end of the year, the port’s top five trade partners were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $1.01 billion and imports came to $1.27 billion.