|1||Misc. uncoated kraft paper, paperboard||$94.03 M|
|2||Pork meat, fresh, frozen or chilled||$48.98 M|
|3||Cotton yarn||$36.73 M|
|4||Uncoated paper, paperboard||$33.36 M|
|5||Chicken and other poultry||$25.83 M|
|6||Synthetic yarn, not retail||$24.01 M|
|8||Gasoline, other fuels||$16.41 M|
|9||Electrical supplies, apparatus, less than 1000V||$14.87 M|
|10||Prepared or preserved meat||$13.36 M|
|1||Bananas and plantains, fresh or dried||$151.38 M|
|2||T-shirts, tank tops, knit or crocheted||$116.82 M|
|3||Men's or boys' underwear||$59.53 M|
|4||Sweaters, pullovers, vests, knit or crocheted||$53.19 M|
|5||Men's or boys' slacks, suits, not knit||$43.32 M|
|6||Titanium ores, concentrates||$38.94 M|
|7||Insulated wire, cable||$23.36 M|
|8||Women's or girls' slips||$15.02 M|
|9||Avocados, dates, figs, pineapples, etc.||$13.49 M|
|10||Men's or boys' suits, knit or crocheted||$11.93 M|
Port of Gulfport, Miss.’s trade decreases 37.96 percent through August
Port of Gulfport, Miss.’s trade with the world fell 37.96 percent, from $1.7 billion to $1.05 billion through the first eight 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 $2.4 trillion, with exports at $917.89 billion and imports at $1.48 trillion. The nation’s total trade decreased 13.21 percent compared to the same period last year. Exports fell 16.18 percent and imports fell 11.26 percent.
Port of Gulfport, Miss. ranked No. 126 for total trade among the nation’s roughly 450 airports, seaports and border crossings through August of 2020. During the same period of 2019 it ranked No. 118. It finished No. 120 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 August Port of Gulfport, Miss.’s top trade partners were No. 1 Honduras, No. 2 El Salvador, No. 3 Guatemala, No. 4 Nicaragua and No. 5 Costa Rica. Through the same period of the previous year, the top trade partners were held by Honduras, El Salvador, Guatemala, Nicaragua and Costa Rica, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Honduras fell 42.27 percent to $404.34 million.
Exports fell 43.48 percent to $196.66 million. Imports fell 41.07 percent to $207.69 million.
- Trade with No. 2 El Salvador fell 44.73 percent to $227.55 million.
Exports fell 18.31 percent to $43.35 million. Imports fell 48.64 percent to $184.21 million.
- Trade with No. 3 Guatemala fell 27.56 percent to $221.9 million.
Exports fell 27.38 percent to $132.84 million. Imports fell 27.84 percent to $89.06 million.
- Trade with No. 4 Nicaragua fell 31.92 percent to $74.64 million.
Exports fell 60.87 percent to $3.71 million. Imports fell 29.18 percent to $70.93 million.
- Trade with No. 5 Costa Rica rose 10.16 percent to $49.07 million.
Exports fell 16.14 percent to $29.82 million. Imports rose 114.12 percent to $19.26 million.
Port of Gulfport, Miss.’s top five trading partners through August accounted for 92.87 percent of its trade with the world.
Port of Gulfport, Miss. had trade surpluses with 14 countries and deficits with 23 through August. That compares with 12 surpluses and 30 deficits for the same period one year earlier. The top three surpluses through August of this year were with Guatemala, $43.78 million; Costa Rica, $10.56 million; and Indonesia, $2.19 million. The top three deficits through August of this year were with El Salvador, $140.86 million; Nicaragua, $67.23 million; and Madagascar, $15.2 million.
Through August its top exports were Misc. uncoated kraft paper, paperboard; Pork meat, fresh, frozen or chilled; Cotton yarn; Uncoated paper, paperboard; and Chicken and other poultry, in that order. Those accounted for 57.75 percent of its total outbound trade. The Port’s top imports were Bananas and plantains, fresh or dried; T-shirts, tank tops, knit or crocheted; Men’s or boys’ underwear; Sweaters, pullovers, vests, knit or crocheted; and Men’s or boys’ slacks, suits, not knit, accounting for 66.4 percent of all inbound shipments.
Looking more closely at Port of Gulfport, Miss.’s exports:
- Misc. uncoated kraft paper, paperboard fell 20.36 percent compared to last year to $94.03 million.
- Pork meat, fresh, frozen or chilled rose 4.81 percent compared to last year to $48.98 million.
- Cotton yarn fell 47.91 percent compared to last year to $36.73 million.
- Uncoated paper, paperboard fell 10.78 percent compared to last year to $33.36 million.
- Chicken and other poultry fell 19.62 percent compared to last year to $25.83 million.
On the import side:
- Bananas and plantains, fresh or dried fell 2.36 percent compared to last year to $151.38 million.
- T-shirts, tank tops, knit or crocheted fell 44.48 percent compared to last year to $116.82 million.
- Men’s or boys’ underwear fell 38.44 percent compared to last year to $59.53 million.
- Sweaters, pullovers, vests, knit or crocheted fell 59.96 percent compared to last year to $53.19 million.
- Men’s or boys’ slacks, suits, not knit rose 18.16 percent compared to last year to $43.32 million.
Last year Port of Gulfport, Miss. posted total trade with the world of $2.48 billion. The Port’s deficit was $627.49 million. Exports totaled $926.45 million and imports came to $1.55 billion.