|2||Motor vehicles for transporting people||$667.59 million|
|3||Motor vehicle parts||$493.68 million|
|4||Almonds, walnuts, pistachios, hazelnuts, etc.||$422.2 million|
|5||Frozen beef||$308.97 million|
|6||Copper waste and scrap||$225.89 million|
|7||Petroleum products||$223.61 million|
|8||Prepared foods, beverages||$179.5 million|
|9||Medical instruments for surgeons, dentists, vets||$169.23 million|
|10||Civilian aircraft, parts||$168.45 million|
|2||Motor vehicle parts||$1.13 billion|
|4||Seats, excluding barber, dental||$560.71 million|
|5||Cell phones, related equipment||$548.93 million|
|6||TVs, computer monitors||$512.1 million|
|7||Furniture, parts||$508.42 million|
|8||Printers, all types, parts||$400.52 million|
|9||Rubber tires||$380.26 million|
|10||Toys, children's bicycles, games||$355.03 million|
Port of Long Beach’s trade increases 15.32 percent through April
Port of Long Beach’s trade with the world rose 15.32 percent, from $30.55 billion to $35.23 billion through the first four months of 2018 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 trillion, with exports at $540 billion and imports at $803 billion. The nation’s total trade increased 8.96 percent compared to the same period last year. Exports rose 8.82 percent and imports rose 9.05 percent.
Port of Long Beach ranked No. 10 for total trade among the nation’s roughly 450 airports, seaports and border crossings through April of 2018. During the same period of 2017 it ranked No. 11. It finished No. 10 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; Port Laredo; John F. Kennedy International Airport; Chicago O’Hare International Airport and Port of Newark.
Through April Port of Long Beach’s were No. 1 China, No. 2 Japan, No. 3 South Korea, No. 4 Australia and No. 5 Vietnam . Through the same period of the previous year, the were held by China, Japan, Australia, South Korea and Taiwan, respectively
Taking a closer look at its leading trade partners:
- Trade with No. 1 China rose 17.86 percent to $16.74 billion.
Exports rose 11.47 percent to $3.5 billion. Imports rose 19.68 percent to $13.25 billion.
- Trade with No. 2 Japan rose 16.34 percent to $4.54 billion.
Exports fell 0.12 percent to $1.32 billion. Imports rose 24.79 percent to $3.21 billion.
- Trade with No. 3 South Korea rose 104.23 percent to $2.72 billion.
Exports rose 98.65 percent to $1.61 billion. Imports rose 112.98 percent to $1.11 billion.
- Trade with No. 4 Australia fell 0.02 percent to $1.67 billion.
Exports fell 0.77 percent to $1.52 billion. Imports rose 8.09 percent to $154.1 million.
- Trade with No. 5 Vietnam rose 7.75 percent to $1.28 billion.
Exports rose 42.14 percent to $372.52 million. Imports fell 1.97 percent to $909.75 million.
Port of Long Beach’s top five trading partners through April accounted for 76.5 percent of its trade with the world.
Port of Long Beach had trade surpluses with 126 countries and deficits with 56 through April. That compares with 108 surpluses and 60 deficits for the same period one year earlier. The top three surpluses through April of this year were with Australia, $1.36 billion; South Korea, $509.39 million; and Hong Kong, $245.56 million. The top three deficits through April of this year were with China, $9.75 billion; Japan, $1.89 billion; and Vietnam, $537.23 million.
Through April it’s were Cotton; Motor vehicles for transporting people; Motor vehicle parts; Almonds, walnuts, pistachios, hazelnuts, etc.; and Frozen beef, in that order. Those accounted for 21.55 percent of its total outbound trade. The value of the Port’s were Oil; Motor vehicle parts; Computers; Seats, excluding barber, dental; and Cell phones, related equipment, accounted for 21.53 percent of all inbound shipments.
Looking more closely at Port of Long Beach’s exports:
- Cotton rose 23.11 percent compared to last year to $677.62 million.
- Motor vehicles for transporting people rose 7.57 percent compared to last year to $667.59 million.
- Motor vehicle parts fell 3.05 percent compared to last year to $493.68 million.
- Almonds, walnuts, pistachios, hazelnuts, etc. rose 60 percent compared to last year to $422.2 million.
- Frozen beef rose 7.57 percent compared to last year to $308.97 million.
On the import side:
- Oil rose 22.14 percent compared to last year to $1.81 billion.
- Motor vehicle parts rose 26.86 percent compared to last year to $1.13 billion.
- Computers rose 34.33 percent compared to last year to $971.99 million.
- Seats, excluding barber, dental rose 33.29 percent compared to last year to $560.71 million.
- Cell phones, related equipment rose 141.57 percent compared to last year to $548.93 million.
Last year Port of Long Beach posted total trade with the world of $88.06 billion. The Port’s deficit was $23.08 billion . At the end of the year, the region’s were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $32.49 billion and imports came to $55.57 billion.