|1||Scrap iron, steel||$16.48 M|
|2||Natural waters||$6.58 M|
|3||Aluminum waste and scrap||$4.15 M|
|4||Paper, paperboard scrap||$2.72 M|
|5||Fruit and vegetable juices, not fortified||$1.88 M|
|6||Chicken and other poultry||$1.84 M|
|7||Copper waste and scrap||$1.73 M|
|9||Pork meat, fresh, frozen or chilled||$1.18 M|
|2||Gasoline, other fuels||$221.65 M|
|3||Computer chips||$94.53 M|
|4||Passenger vehicles||$79.25 M|
|5||Coal, briquettes||$23.52 M|
|6||Digital storage devices||$18.31 M|
|7||Furniture, parts||$17.08 M|
|8||Portland, aluminous and slag cement||$9.83 M|
|9||Fish fillets, chilled or frozen||$8.63 M|
|10||LNG, other petroleum gases||$7.32 M|
Port of Honolulu, Hawaii’s trade decreases 29.43 percent through June
Port of Honolulu, Hawaii’s trade with the world fell 29.43 percent, from $1.81 billion to $1.28 billion through the first six 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 $1.77 trillion, with exports at $687.16 billion and imports at $1.08 trillion. The nation’s total trade decreased 14.28 percent compared to the same period last year. Exports fell 16.57 percent and imports fell 12.75 percent.
Port of Honolulu, Hawaii ranked No. 103 for total trade among the nation’s roughly 450 airports, seaports and border crossings through June 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 June Port of Honolulu, Hawaii’s top trade partners were No. 1 South Korea, No. 2 Libya, No. 3 Japan, No. 4 Russia and No. 5 China. Through the same period of the previous year, the top trade partners were held by Libya, Japan, South Korea, Russia and China, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 South Korea fell 3.57 percent to $260.71 million.
Exports fell 59.95 percent to $7.1 million. Imports rose 0.39 percent to $253.61 million.
- Trade with No. 2 Libya fell 59.01 percent to $211.66 million.
There were no exports. Imports fell 59.01 percent to $211.66 million.
- Trade with No. 3 Japan fell 50.27 percent to $171.58 million.
Exports fell 55.73 percent to $10.79 million. Imports fell 49.85 percent to $160.8 million.
- Trade with No. 4 Russia fell 21.71 percent to $168.86 million.
There were no exports. Imports fell 21.71 percent to $168.86 million.
- Trade with No. 5 China fell 24.82 percent to $70.08 million.
Exports fell 50.63 percent to $2.11 million. Imports fell 23.58 percent to $67.97 million.
Port of Honolulu, Hawaii’s top five trading partners through June accounted for 69.2 percent of its trade with the world.
Port of Honolulu, Hawaii had trade surpluses with 21 countries and deficits with 53 through June. That compares with 18 surpluses and 50 deficits for the same period one year earlier. The top three surpluses through June of this year were with Bangladesh, $13.75 million; Marshall Islands, $4.32 million; and MICRONESIA, $2.43 million. The top three deficits through June of this year were with South Korea, $246.52 million; Libya, $211.66 million; and Russia, $168.86 million.
Through June its top exports were Scrap iron, steel; Natural waters; Aluminum waste and scrap; Paper, paperboard scrap; and Fruit and vegetable juices, not fortified, in that order. Those accounted for 57.72 percent of its total outbound trade. The Port’s top imports were Oil; Gasoline, other fuels; Computer chips; Passenger vehicles; and Coal, briquettes, accounting for 81.12 percent of all inbound shipments.
Looking more closely at Port of Honolulu, Hawaii’s exports:
- Scrap iron, steel fell 12.73 percent compared to last year to $16.48 million.
- Natural waters fell 11.02 percent compared to last year to $6.58 million.
- Aluminum waste and scrap fell 25.69 percent compared to last year to $4.15 million.
- Paper, paperboard scrap fell 41.06 percent compared to last year to $2.72 million.
- Fruit and vegetable juices, not fortified fell 50.89 percent compared to last year to $1.88 million.
On the import side:
- Oil fell 32.64 percent compared to last year to $571.25 million.
- Gasoline, other fuels fell 34.94 percent compared to last year to $221.65 million.
- Computer chips rose 2036.9 percent compared to last year to $94.53 million.
- Passenger vehicles fell 46.92 percent compared to last year to $79.25 million.
- Coal, briquettes fell 1.94 percent compared to last year to $23.52 million.
Last year Port of Honolulu, Hawaii posted total trade with the world of $3.82 billion. The Port’s deficit was $3.28 billion. Exports totaled $272.43 million and imports came to $3.55 billion.