|1||Civilian aircraft, parts||$2.83 B|
|2||Cell phones, related equipment||$1.19 B|
|4||Plasma, vaccines, blood||$618.19 M|
|5||Computer chips||$476.64 M|
|6||Medical instruments||$417.6 M|
|7||Medicines in individual dosages||$331.53 M|
|9||Returned exports, without change||$228.68 M|
|10||Regional aircraft, satellites, etc.||$225.18 M|
|1||Returned exports, without change||$1.19 B|
|3||Cell phones, related equipment||$739.6 M|
|4||Fish fillets, chilled or frozen||$549.52 M|
|5||Fresh-cut flowers||$518.57 M|
|6||Misc. aircraft parts||$454.71 M|
|7||Medical instruments||$229.49 M|
|8||Plasma, vaccines, blood||$215.92 M|
|9||Nucleic acids and salts, heterocyclic compounds||$191.9 M|
|10||Returned exports, with change||$188.05 M|
Miami Int’l Airport’s trade decreases 13.2 percent through May
Miami Int’l Airport’s trade with the world fell 13.2 percent, from $24.34 billion to $21.13 billion through the first five 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 $1.48 trillion, with exports at $582.11 billion and imports at $898.44 billion. The nation’s total trade decreased 13.61 percent compared to the same period last year. Exports fell 15.09 percent and imports fell 12.63 percent.
Miami Int’l Airport ranked No. 21 for total trade among the nation’s roughly 450 airports, seaports and border crossings through May of 2020.
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 May Miami Int’l Airport’s top trade partners were No. 1 Brazil, No. 2 Colombia, No. 3 Chile, No. 4 China and No. 5 United Kingdom. Through the same period of the previous year, the top trade partners were held by Brazil, Colombia, Chile, China and Argentina, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Brazil fell 10.93 percent to $4.49 billion.
Exports fell 5.76 percent to $3.84 billion. Imports fell 32.75 percent to $649.8 million.
- Trade with No. 2 Colombia rose 1.57 percent to $2.01 billion.
Exports fell 3.38 percent to $1.12 billion. Imports rose 8.54 percent to $892.68 million.
- Trade with No. 3 Chile rose 5.39 percent to $1.82 billion.
Exports rose 0.65 percent to $1.05 billion. Imports rose 12.69 percent to $764.54 million.
- Trade with No. 4 China fell 33.95 percent to $974.38 million.
Exports rose 69.7 percent to $228.59 million. Imports fell 44.36 percent to $745.78 million.
- Trade with No. 5 United Kingdom rose 4.08 percent to $826.17 million.
Exports fell 23.75 percent to $189.89 million. Imports rose 16.8 percent to $636.28 million.
Miami Int’l Airport’s top five trading partners through May accounted for 47.91 percent of its trade with the world.
Miami Int’l Airport had trade surpluses with 148 countries and deficits with 60 through May. That compares with 148 surpluses and 60 deficits for the same period one year earlier. The top three surpluses through May of this year were with Brazil, $3.19 billion; Argentina, $563.61 million; and Paraguay, $363.39 million. The top three deficits through May of this year were with China, $517.19 million; United Kingdom, $446.39 million; and France, $401.36 million.
Through May its top exports were Civilian aircraft, parts; Cell phones, related equipment; Computers; Plasma, vaccines, blood; and Computer chips, in that order. Those accounted for 46.56 percent of its total outbound trade. The Port’s top imports were Returned exports, without change; Gold; Cell phones, related equipment; Fish fillets, chilled or frozen; and Fresh-cut flowers, accounting for 45.91 percent of all inbound shipments.
Looking more closely at Miami Int’l Airport’s exports:
- Civilian aircraft, parts fell 8.57 percent compared to last year to $2.83 billion.
- Cell phones, related equipment fell 27.51 percent compared to last year to $1.19 billion.
- Computers fell 10.56 percent compared to last year to $849.46 million.
- Plasma, vaccines, blood fell 23.35 percent compared to last year to $618.19 million.
- Computer chips fell 4.51 percent compared to last year to $476.64 million.
On the import side:
- Returned exports, without change fell 21.08 percent compared to last year to $1.19 billion.
- Gold rose 85.66 percent compared to last year to $820.97 million.
- Cell phones, related equipment fell 35.26 percent compared to last year to $739.6 million.
- Fish fillets, chilled or frozen rose 1.53 percent compared to last year to $549.52 million.
- Fresh-cut flowers fell 8.54 percent compared to last year to $518.57 million.
Last year Miami Int’l Airport posted total trade with the world of $58.83 billion. The Port’s surplus was $13.07 billion. Exports totaled $35.95 billion and imports came to $22.88 billion.