|1||Civilian aircraft, parts||$3.69 B|
|2||Computer chips||$1.82 B|
|3||Machinery, parts for semiconductor manufacturing||$396.07 M|
|5||Medical instruments for surgeons, dentists, vets||$379.91 M|
|6||Plasma, vaccines, blood||$240.96 M|
|7||Medical technology||$156.47 M|
|8||Parts of footwear; insoles, gaitors, etc.||$132.93 M|
|9||Fresh apricots, cherries, peaches and plums||$116.29 M|
|10||Cell phones, related equipment||$109.11 M|
|1||Aircraft engines, engine parts||$1.6 B|
|2||Machinery, parts for semiconductor manufacturing||$707.93 M|
|3||Computer chips||$494.63 M|
|4||Value added to a returned import||$435.68 M|
|5||Unrecorded media for audio||$423.66 M|
|6||Defense-related aircraft, parts||$315.02 M|
|8||Seats, excluding barber, dental||$139.67 M|
|9||Cell phones, related equipment||$126.41 M|
|10||Misc. engines and motors, parts||$84.16 M|
Seattle-Tacoma International Airport’s trade decreases 14.7 percent through August
Seattle-Tacoma International Airport’s trade with the world fell 14.7 percent, from $19.46 billion to $16.6 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.
Seattle-Tacoma International Airport ranked No. 41 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 Seattle-Tacoma International Airport’s top trade partners were No. 1 China, No. 2 United Kingdom, No. 3 The Netherlands, No. 4 France and No. 5 Japan. Through the same period of the previous year, the top trade partners were held by Ireland, China, United Kingdom, Singapore and The Netherlands, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 China fell 3.03 percent to $2.35 billion.
Exports rose 21.32 percent to $1.87 billion. Imports fell 45.55 percent to $479.65 million.
- Trade with No. 2 United Kingdom rose 1.23 percent to $1.43 billion.
Exports fell 7.17 percent to $1.04 billion. Imports rose 33.56 percent to $390.04 million.
- Trade with No. 3 The Netherlands rose 8.66 percent to $1.37 billion.
Exports rose 54.95 percent to $673.93 million. Imports fell 15.8 percent to $692.79 million.
- Trade with No. 4 France rose 85 percent to $1.22 billion.
Exports fell 40.55 percent to $224.54 million. Imports rose 253.49 percent to $994.98 million.
- Trade with No. 5 Japan rose 15.22 percent to $1.19 billion.
Exports rose 9.54 percent to $427.14 million. Imports rose 18.68 percent to $760.42 million.
Seattle-Tacoma International Airport’s top five trading partners through August accounted for 45.5 percent of its trade with the world.
Seattle-Tacoma International Airport had trade surpluses with 150 countries and deficits with 38 through August. That compares with 141 surpluses and 34 deficits for the same period one year earlier. The top three surpluses through August of this year were with China, $1.39 billion; United Kingdom, $653.69 million; and Canada, $626.01 million. The top three deficits through August of this year were with France, $770.44 million; Ireland, $433.34 million; and Singapore, $389.52 million.
Through August its top exports were Civilian aircraft, parts; Computer chips; Machinery, parts for semiconductor manufacturing; Computers; and Medical instruments for surgeons, dentists, vets, in that order. Those accounted for 64.87 percent of its total outbound trade. The Port’s top imports were Aircraft engines, engine parts; Machinery, parts for semiconductor manufacturing; Computer chips; Value added to a returned import; and Unrecorded media for audio, accounting for 57.83 percent of all inbound shipments.
Looking more closely at Seattle-Tacoma International Airport’s exports:
- Civilian aircraft, parts fell 41.26 percent compared to last year to $3.69 billion.
- Computer chips rose 27.73 percent compared to last year to $1.82 billion.
- Machinery, parts for semiconductor manufacturing fell 14.48 percent compared to last year to $396.07 million.
- Computers rose 27.1 percent compared to last year to $384.48 million.
- Medical instruments for surgeons, dentists, vets fell 4.62 percent compared to last year to $379.91 million.
On the import side:
- Aircraft engines, engine parts rose 49.75 percent compared to last year to $1.6 billion.
- Machinery, parts for semiconductor manufacturing fell 20.68 percent compared to last year to $707.93 million.
- Computer chips fell 41.04 percent compared to last year to $494.63 million.
- Value added to a returned import fell 35.24 percent compared to last year to $435.68 million.
- Unrecorded media for audio rose 8.73 percent compared to last year to $423.66 million.
Last year Seattle-Tacoma International Airport posted total trade with the world of $30.95 billion. The Port’s surplus was $9.87 billion. At the end of the year, the port’s top five trade partners were China, Ireland, United Kingdom, Japan and Singapore. Exports totaled $20.41 billion and imports came to $10.54 billion.