|1||Civilian aircraft, parts||$1.44 B|
|2||Computer chips||$231.93 M|
|4||Machinery, parts for semiconductor manufacturing||$97.16 M|
|5||Medical instruments for surgeons, dentists, vets||$93.39 M|
|6||Plasma, vaccines, blood||$75.83 M|
|7||Misc. chemical elements used in electron, disc waf||$32.4 M|
|8||Parts of footwear; insoles, gaitors, etc.||$25.21 M|
|9||Medical technology||$25.07 M|
|10||Electrical boards, panels and switches||$24.96 M|
|1||Aircraft engines, engine parts||$374.29 M|
|2||Machinery, parts for semiconductor manufacturing||$274.77 M|
|3||Value added to a returned import||$126.91 M|
|4||Computer chips||$122.32 M|
|5||Defense-related aircraft, parts||$84.37 M|
|7||Unrecorded media for audio||$40.68 M|
|8||Seats, excluding barber, dental||$34.11 M|
|9||Insulated wire, cable||$22.22 M|
|10||Cell phones, related equipment||$20.66 M|
Seattle-Tacoma International Airport’s trade decreases 3.72 percent through February
Seattle-Tacoma International Airport’s trade with the world fell 3.72 percent, from $4.5 billion to $4.33 billion through the first two 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 $650.55 billion, with exports at $260.05 billion and imports at $390.5 billion. The nation’s total trade increased 1.11 percent compared to the same period last year. Exports rose 2.61 percent and imports rose 0.14 percent.
Seattle-Tacoma International Airport ranked No. 37 for total trade among the nation’s roughly 450 airports, seaports and border crossings through February 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; Port of Newark; John F. Kennedy International Airport and Chicago O’Hare International Airport.
Through February Seattle-Tacoma International Airport’s top trade parters were No. 1 The Netherlands, No. 2 China, No. 3 United Kingdom, No. 4 France and No. 5 Singapore . Through the same period of the previous year, the top trade partners were held by Ireland, China, Singapore, United Kingdom and The Netherlands, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 The Netherlands rose 57.82 percent to $524.1 million.
Exports rose 134.5 percent to $251.47 million. Imports rose 21.25 percent to $272.63 million.
- Trade with No. 2 China fell 17.51 percent to $374.68 million.
Exports rose 7.37 percent to $276.23 million. Imports fell 50.02 percent to $98.45 million.
- Trade with No. 3 United Kingdom rose 2.28 percent to $351.77 million.
Exports fell 1.53 percent to $273.11 million. Imports rose 18.12 percent to $78.65 million.
- Trade with No. 4 France rose 171.53 percent to $309.49 million.
Exports fell 39.99 percent to $56.48 million. Imports rose 1173.82 percent to $253.01 million.
- Trade with No. 5 Singapore fell 37.2 percent to $248.81 million.
Exports fell 14.59 percent to $83.48 million. Imports fell 44.61 percent to $165.33 million.
Seattle-Tacoma International Airport’s top five trading partners through February accounted for 41.79 percent of its trade with the world.
Seattle-Tacoma International Airport had trade surpluses with 112 countries and deficits with 36 through February. That compares with 113 surpluses and 35 deficits for the same period one year earlier. The top three surpluses through February of this year were with United Kingdom, $194.46 million; Turkey, $192.4 million; and China, $177.79 million. The top three deficits through February of this year were with France, $196.52 million; Ireland, $130.4 million; and Singapore, $81.84 million.
Through February it’s top exports were Civilian aircraft, parts; Computer chips; Computers; Machinery, parts for semiconductor manufacturing; and Medical instruments for surgeons, dentists, vets, in that order. Those accounted for 70.46 percent of its total outbound trade. The Port’s top imports were Aircraft engines, engine parts; Machinery, parts for semiconductor manufacturing; Value added to a returned import; Computer chips; and Defense-related aircraft, parts, accounting for 64.67 percent of all inbound shipments.
Looking more closely at Seattle-Tacoma International Airport’s exports:
- Civilian aircraft, parts rose 6.47 percent compared to last year to $1.44 billion.
- Computer chips fell 3.2 percent compared to last year to $231.93 million.
- Computers rose 94.61 percent compared to last year to $116.34 million.
- Machinery, parts for semiconductor manufacturing fell 41.63 percent compared to last year to $97.16 million.
- Medical instruments for surgeons, dentists, vets rose 15.4 percent compared to last year to $93.39 million.
On the import side:
- Aircraft engines, engine parts rose 35.69 percent compared to last year to $374.29 million.
- Machinery, parts for semiconductor manufacturing rose 18.15 percent compared to last year to $274.77 million.
- Value added to a returned import fell 23.7 percent compared to last year to $126.91 million.
- Computer chips fell 57.87 percent compared to last year to $122.32 million.
- Defense-related aircraft, parts rose 18.8 percent compared to last year to $84.37 million.
Last year Seattle-Tacoma International Airport posted total trade with the world of $26.87 billion. The Port’s surplus was $7.47 billion . At the end of the year, the port’s top five trade partners were Canada, The Netherlands, Iceland, Germany and Norway. Exports totaled $17.17 billion and imports came to $9.7 billion.