|1||Computer chips||$979.55 M|
|2||Civilian aircraft, parts||$893.57 M|
|3||Diamonds, not mounted||$760.03 M|
|4||Medical instruments for surgeons, dentists, vets||$402.69 M|
|6||Cell phones, related equipment||$262.52 M|
|7||Computer parts||$202.49 M|
|8||Photo-sensitive semi-conductors, parts||$194.73 M|
|9||Misc. medical chemical re-agents||$189.47 M|
|10||Plasma, vaccines, blood||$181.57 M|
|1||Cell phones, related equipment||$966.97 M|
|3||Diamonds, not mounted||$816.98 M|
|4||Computer chips||$582.85 M|
|5||Value added to a returned import||$540.59 M|
|6||Computer parts||$288.46 M|
|7||Orthopedic appliances, artificial body parts||$236.12 M|
|8||TV cameras, digital cameras, camcorders||$190.8 M|
|9||Unrecorded media for audio||$177.54 M|
|10||Machinery, parts for semiconductor manufacturing||$172.4 M|
Los Angeles International Airport’s trade decreases 6.53 percent through February
Los Angeles International Airport’s trade with the world fell 6.53 percent, from $18.71 billion to $17.49 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.
Los Angeles International Airport ranked No. 9 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 Los Angeles International Airport’s top trade parters were No. 1 China, No. 2 India, No. 3 Japan, No. 4 Hong Kong and No. 5 Germany . Through the same period of the previous year, the top trade partners were held by China, India, Japan, Hong Kong and Germany, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 China fell 8.17 percent to $4.04 billion.
Exports rose 4.08 percent to $1.32 billion. Imports fell 13.13 percent to $2.72 billion.
- Trade with No. 2 India rose 5.23 percent to $1.49 billion.
Exports rose 9.34 percent to $747.86 million. Imports rose 1.38 percent to $739.27 million.
- Trade with No. 3 Japan rose 5.09 percent to $1.35 billion.
Exports rose 12.36 percent to $822.48 million. Imports fell 4.58 percent to $524.65 million.
- Trade with No. 4 Hong Kong fell 23.2 percent to $978.7 million.
Exports fell 22.76 percent to $932.31 million. Imports fell 31.03 percent to $46.38 million.
- Trade with No. 5 Germany fell 14.7 percent to $824.15 million.
Exports fell 19.34 percent to $509.93 million. Imports fell 5.91 percent to $314.22 million.
Los Angeles International Airport’s top five trading partners through February accounted for 49.59 percent of its trade with the world.
Los Angeles International Airport had trade surpluses with 136 countries and deficits with 69 through February. That compares with 128 surpluses and 74 deficits for the same period one year earlier. The top three surpluses through February of this year were with Hong Kong, $885.93 million; The Netherlands, $381.14 million; and Japan, $297.82 million. The top three deficits through February of this year were with China, $1.4 billion; Taiwan, $216.57 million; and Malaysia, $185 million.
Through February it’s top exports were Computer chips; Civilian aircraft, parts; Diamonds, not mounted; Medical instruments for surgeons, dentists, vets; and Computers, in that order. Those accounted for 38.41 percent of its total outbound trade. The Port’s top imports were Cell phones, related equipment; Computers; Diamonds, not mounted; Computer chips; and Value added to a returned import, accounting for 43.97 percent of all inbound shipments.
Looking more closely at Los Angeles International Airport’s exports:
- Computer chips fell 4.75 percent compared to last year to $979.55 million.
- Civilian aircraft, parts rose 16.18 percent compared to last year to $893.57 million.
- Diamonds, not mounted fell 1.61 percent compared to last year to $760.03 million.
- Medical instruments for surgeons, dentists, vets rose 24.14 percent compared to last year to $402.69 million.
- Computers fell 23.72 percent compared to last year to $321.97 million.
On the import side:
- Cell phones, related equipment fell 3.43 percent compared to last year to $966.97 million.
- Computers fell 20.29 percent compared to last year to $940.41 million.
- Diamonds, not mounted rose 9.43 percent compared to last year to $816.98 million.
- Computer chips fell 19.5 percent compared to last year to $582.85 million.
- Value added to a returned import rose 35.79 percent compared to last year to $540.59 million.
Last year Los Angeles International Airport posted total trade with the world of $102.87 billion. The Port’s surplus was $953.89 million . At the end of the year, the port’s top five trade partners were Canada, The Netherlands, Iceland, Germany and Norway. Exports totaled $51.91 billion and imports came to $50.96 billion.