|1||Motor vehicle parts||$8.03 M|
|2||Civilian aircraft, parts||$1.67 M|
|3||Air conditioning machines||$366,357|
|4||Flexible Tubing of Base Metal 8307||$328,598|
|5||Centrifuges, filters, machines and parts||$206,828|
|7||Rubbers tubes, pipes, etc.||$52,627|
|8||Misc. articles of unhardened vulcanized rubber||$50,638|
|9||Hardware for fixtures||$28,095|
|10||Windshield wipers, electric light parts||$25,332|
|1||Value added to a returned import||$2.02 M|
|2||Amplifiers, speakers, microphones||$313,442|
|4||Motor vehicle parts||$127,712|
|5||Misc. plastic articles||$108,072|
|7||Hardware for fixtures||$23,195|
|8||Parts for heavy machinery||$20,470|
|9||Misc. articles of unhardened vulcanized rubber||$16,913|
Ypsilanti Airport, Mich.’s trade decreases 7.16 percent through October
Ypsilanti Airport, Mich.’s trade with the world fell 7.16 percent, from $14.8 million to $13.75 million 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.
Ypsilanti Airport, Mich. ranked No. 292 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. 288. It finished No. 290 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 Ypsilanti Airport, Mich.’s top trade parters were No. 1 Mexico, No. 2 Georgia, No. 3 Canada, No. 4 China and No. 5 Spain . Through the same period of the previous year, the top trade partners were held by Mexico, Spain, Israel, Georgia and Canada, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Mexico rose 39.77 percent to $11.63 million.
Exports rose 12.8 percent to $9.12 million. Imports rose 950.25 percent to $2.51 million.
- Trade with No. 2 Georgia fell 3.83 percent to $1.67 million.
Exports fell 3.83 percent to $1.67 million. There were no imports.
- Trade with No. 3 Canada fell 40.1 percent to $436,206.
Exports rose 1664.85 percent to $45,039. Imports fell 46.09 percent to $391,167.
- Trade with No. 4 China rose 309.63 percent to $8,975.
There were no exports. Imports rose 309.63 percent to $8,975.
- Trade with No. 5 Spain fell 100 percent to $0.
There were no exports. There were no imports.
Ypsilanti Airport, Mich.’s top five trading partners through October accounted for 100 percent of its trade with the world.
Ypsilanti Airport, Mich. had trade surpluses with two countries and deficits with two through October. That compares with two surpluses and four deficits for the same period one year earlier. The top three surpluses through October of this year were with Mexico, $6.6 million; Georgia, $1.67 million; and Spain, $0. The top three deficits through October of this year were with Canada, $346,128; China, $8,975; and Spain, $0.
Through October it’s top exports were Motor vehicle parts; Civilian aircraft, parts; Air conditioning machines; Flexible Tubing of Base Metal 8307; and Centrifuges, filters, machines and parts, in that order. Those accounted for 97.9 percent of its total outbound trade. The Port’s top imports were Value added to a returned import; Amplifiers, speakers, microphones; Taxi meters; Motor vehicle parts; and Misc. plastic articles, accounting for 93.6 percent of all inbound shipments.
Looking more closely at Ypsilanti Airport, Mich.’s exports:
- Motor vehicle parts rose 4.79 percent compared to last year to $8.03 million.
- Civilian aircraft, parts fell 3.83 percent compared to last year to $1.67 million.
- Air conditioning machines totaled $366,357. The previous year, there were no exports in this category.
- Flexible Tubing of Base Metal 8307 totaled $328,598. The previous year, there were no exports in this category.
- Centrifuges, filters, machines and parts rose 7.72 percent compared to last year to $206,828.
On the import side:
- Value added to a returned import fell 50.04 percent compared to last year to $2.02 million.
- Amplifiers, speakers, microphones rose 120.16 percent compared to last year to $313,442.
- Taxi meters totaled $158,959. The previous year, there were no imports in this category.
- Motor vehicle parts rose 7.65 percent compared to last year to $127,712.
- Misc. plastic articles rose 109.65 percent compared to last year to $108,072.
Last year Ypsilanti Airport, Mich. posted total trade with the world of $6.79 million. The Port’s deficit was $4.48 million . At the end of the year, the port’s top five trade partners were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $1.16 million and imports came to $5.63 million.