|1||Civilian aircraft, parts||$12.34 B|
|2||Motor vehicles for transporting people||$8.31 B|
|3||Motor vehicle parts||$1.18 B|
|4||Rubber tires||$885.04 M|
|5||Polyethers, epoxides and polyesters, primary forms||$735.34 M|
|6||Miscellaneous machines, parts||$611.26 M|
|7||Chemical wood pulp, not dissolving grade||$543.26 M|
|8||Misc. cellulose and chemical derivatives||$522.36 M|
|9||Rum, gin, vodka, other liquors||$464.6 M|
|10||Artificial filament tow||$459.82 M|
|1||Motor vehicle parts||$3.42 B|
|2||Defense-related aircraft, parts||$3.14 B|
|3||Medicines in individual dosages||$2.09 B|
|4||Motor vehicle engines||$1.46 B|
|5||Rubber tires||$1.19 B|
|6||Internal combustion engines||$1.08 B|
|7||Taps, cocks and valves for pipes, tanks||$726.44 M|
|8||Pumps for dispensing liquids||$723.13 M|
|9||Scrap of precious metal||$702.52 M|
|10||Compressors and pumps||$631.61 M|
Port of Charleston’s trade increases 7.33 percent in 2019.
Port of Charleston’s trade with the world rose 7.33 percent, from $84.47 billion to $90.66 billion in 2019 when compared to 2018, according to WorldCity analysis of the latest U.S. Census Bureau data.
In 2019, the nation’s total trade was $4.14 trillion, with exports at $1.65 trillion and imports at $2.49 trillion. The nation’s total trade decreased 1.46 percent compared to 2018. Exports fell 1.13 percent and imports fell 1.67 percent.
Port of Charleston ranked No. 13 for total trade among the nation’s roughly 450 airports, seaports and border crossings in 2019.
The nation’s top five “ports” — airports, seaports and border crossings — in 2019, by value, were Port of Los Angeles; Port Laredo; Chicago O’Hare International Airport; Port of Newark and John F. Kennedy International Airport.
In 2019 Port of Charleston’s top trade partners were No. 1 Germany, No. 2 China, No. 3 Japan, No. 4 United Kingdom and No. 5 India. In 2018, the top trade partners were held by China, Germany, Japan, United Kingdom and India, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Germany rose 13.1 percent to $16.64 billion.
Exports rose 23.1 percent to $4.78 billion. Imports rose 9.51 percent to $11.86 billion.
- Trade with No. 2 China fell 1.96 percent to $14.68 billion.
Exports rose 14.71 percent to $6.92 billion. Imports fell 13.2 percent to $7.77 billion.
- Trade with No. 3 Japan rose 5.38 percent to $5.68 billion.
Exports rose 30.85 percent to $2.39 billion. Imports fell 7.68 percent to $3.29 billion.
- Trade with No. 4 United Kingdom fell 12.54 percent to $3.68 billion.
Exports fell 25.47 percent to $1.93 billion. Imports rose 8.06 percent to $1.75 billion.
- Trade with No. 5 India rose 2.36 percent to $3.42 billion.
Exports fell 7.29 percent to $626.11 million. Imports rose 4.81 percent to $2.79 billion.
Port of Charleston’s top five trading partners in 2019 accounted for 48.63 percent of its trade with the world.
Port of Charleston had trade surpluses with 123 countries and deficits with 87 in 2019. That compares with 112 surpluses and 90 deficits for 2018. The top three surpluses were with United Arab Emirates, $2.16 billion; Belgium, $1.01 billion; and Singapore, $836.2 million. The top three deficits were with Germany, $7.07 billion; India, $2.16 billion; and Austria, $1.28 billion.
In 2019 its top exports were Civilian aircraft, parts; Motor vehicles for transporting people; Motor vehicle parts; Rubber tires; and Polyethers, epoxides and polyesters, primary forms, in that order. Those accounted for 58.48 percent of its total outbound trade. The Port’s top imports were Motor vehicle parts; Defense-related aircraft, parts; Medicines in individual dosages; Motor vehicle engines; and Rubber tires, accounting for 22.36 percent of all inbound shipments.
Looking more closely at Port of Charleston’s exports:
- Civilian aircraft, parts rose 61.2 percent compared to last year to $12.34 billion.
- Motor vehicles for transporting people rose 20.5 percent compared to last year to $8.31 billion.
- Motor vehicle parts rose 9.98 percent compared to last year to $1.18 billion.
- Rubber tires rose 6.46 percent compared to last year to $885.04 million.
- Polyethers, epoxides and polyesters, primary forms rose 25.64 percent compared to last year to $735.34 million.
On the import side:
- Motor vehicle parts rose 12.39 percent compared to last year to $3.42 billion.
- Defense-related aircraft, parts fell 22.79 percent compared to last year to $3.14 billion.
- Medicines in individual dosages rose 5.69 percent compared to last year to $2.09 billion.
- Motor vehicle engines fell 6.72 percent compared to last year to $1.46 billion.
- Rubber tires rose 8.5 percent compared to last year to $1.19 billion.
In 2018 Port of Charleston posted total trade with the world of $84.47 billion. The Port’s deficit was $16.03 billion. Exports totaled $34.22 billion and imports came to $50.25 billion.