|1||Computer chips||$3.22 B|
|2||Civilian aircraft, parts||$2.34 B|
|3||Machinery, parts for semiconductor manufacturing||$1.65 B|
|4||Medical instruments||$1.16 B|
|5||Plasma, vaccines, blood||$1.13 B|
|7||Cell phones, related equipment||$958.49 M|
|8||Misc. medical chemical re-agents||$735.03 M|
|9||Diamonds, not mounted||$634.21 M|
|10||Photo-sensitive semi-conductors, parts||$587.67 M|
|2||Cell phones, related equipment||$4.51 B|
|3||Misc. articles made from textile materials||$3.15 B|
|4||Computer chips||$1.99 B|
|5||Computer parts||$1.84 B|
|6||Returned exports, without change||$1.43 B|
|7||Digital storage devices||$1.14 B|
|8||Machinery, parts for semiconductor manufacturing||$1.07 B|
|9||Satellites, related equipment||$879.23 M|
|10||Cameras, including TV cameras||$763.75 M|
Los Angeles International Airport’s trade decreases 4.56 percent through July
Los Angeles International Airport’s trade with the world fell 4.56 percent, from $67.79 billion to $64.7 billion through the first seven 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 $2.08 trillion, with exports at $799.82 billion and imports at $1.28 trillion. The nation’s total trade decreased 13.79 percent compared to the same period last year. Exports fell 16.38 percent and imports fell 12.08 percent.
Los Angeles International Airport ranked No. 9 for total trade among the nation’s roughly 450 airports, seaports and border crossings through July of 2020. During the same period of 2019 it ranked No. 9. It finished No. 9 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; Chicago O’Hare International Airport; John F. Kennedy International Airport; Port Laredo and Port of Newark.
Through July Los Angeles International Airport’s top trade partners were No. 1 China, No. 2 Japan, No. 3 Taiwan, No. 4 Germany and No. 5 South Korea. Through the same period of the previous year, the top trade partners were held by China, Japan, India, Hong Kong and Taiwan, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 China fell 1.07 percent to $17.46 billion.
Exports fell 9.37 percent to $4.35 billion. Imports rose 2.03 percent to $13.12 billion.
- Trade with No. 2 Japan fell 26.92 percent to $3.86 billion.
Exports fell 26.57 percent to $2.23 billion. Imports fell 27.41 percent to $1.62 billion.
- Trade with No. 3 Taiwan rose 2.17 percent to $3.09 billion.
Exports fell 20.17 percent to $919.66 million. Imports rose 15.89 percent to $2.17 billion.
- Trade with No. 4 Germany fell 20.94 percent to $2.32 billion.
Exports fell 14.71 percent to $1.56 billion. Imports fell 31.15 percent to $766.44 million.
- Trade with No. 5 South Korea fell 1.89 percent to $2.15 billion.
Exports fell 17.59 percent to $1.3 billion. Imports rose 38.34 percent to $849.88 million.
Los Angeles International Airport’s top five trading partners through July accounted for 53.9 percent of its trade with the world.
Los Angeles International Airport had trade surpluses with 139 countries and deficits with 76 through July. That compares with 145 surpluses and 75 deficits for the same period one year earlier. The top three surpluses through July of this year were with Hong Kong, $1.66 billion; Germany, $788.59 million; and The Netherlands, $666.76 million. The top three deficits through July of this year were with China, $8.77 billion; Taiwan, $1.25 billion; and Thailand, $980.64 million.
Through July its top exports were Computer chips; Civilian aircraft, parts; Machinery, parts for semiconductor manufacturing; Medical instruments; and Plasma, vaccines, blood, in that order. Those accounted for 35.01 percent of its total outbound trade. The Port’s top imports were Computers; Cell phones, related equipment; Misc. articles made from textile materials; Computer chips; and Computer parts, accounting for 49.71 percent of all inbound shipments.
Looking more closely at Los Angeles International Airport’s exports:
- Computer chips rose 13.57 percent compared to last year to $3.22 billion.
- Civilian aircraft, parts fell 34.34 percent compared to last year to $2.34 billion.
- Machinery, parts for semiconductor manufacturing rose 69.22 percent compared to last year to $1.65 billion.
- Medical instruments fell 27.56 percent compared to last year to $1.16 billion.
- Plasma, vaccines, blood rose 9.56 percent compared to last year to $1.13 billion.
On the import side:
- Computers rose 47.13 percent compared to last year to $7.2 billion.
- Cell phones, related equipment rose 0.1 percent compared to last year to $4.51 billion.
- Misc. articles made from textile materials rose 22241 percent compared to last year to $3.15 billion.
- Computer chips rose 2.09 percent compared to last year to $1.99 billion.
- Computer parts rose 70.61 percent compared to last year to $1.84 billion.
Last year Los Angeles International Airport posted total trade with the world of $118.38 billion. The Port’s deficit was $8.03 billion. Exports totaled $55.17 billion and imports came to $63.21 billion.