|1||Motor vehicles for transporting people||$507.7 M|
|2||Almonds, walnuts, pistachios, hazelnuts, etc.||$470.11 M|
|3||Motor vehicle parts||$400.25 M|
|5||Frozen beef||$320.12 M|
|6||Petroleum products||$203.1 M|
|7||Prepared foods, beverages||$170.61 M|
|8||Copper waste and scrap||$166.7 M|
|9||Civilian aircraft, parts||$140.24 M|
|10||Centrifuges, filters, machines and parts||$139.35 M|
|2||Motor vehicle parts||$807.67 M|
|4||Cell phones, related equipment||$456.93 M|
|5||Seats, excluding barber, dental||$427.42 M|
|6||TVs, computer monitors||$404.89 M|
|7||Toys, children's bicycles, games||$376.35 M|
|8||Furniture, parts||$372.81 M|
|9||Rubber tires||$353.4 M|
|10||Athletic, other textile shoes||$352.41 M|
Port of Long Beach’s trade decreases 12.21 percent through April
Port of Long Beach’s trade with the world fell 12.21 percent, from $35.23 billion to $30.93 billion through the first four months of 2019 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 $1.35 trillion, with exports at $543.34 billion and imports at $807.48 billion. The nation’s total trade increased 0.57 percent compared to the same period last year. Exports rose 0.58 percent and imports rose 0.56 percent.
Port of Long Beach ranked No. 12 for total trade among the nation’s roughly 450 airports, seaports and border crossings through April of 2019.
The nation’s top five “ports” — airports, seaports and border crossings — so far this year, by value, are Port of Los Angeles; Port Laredo; Port of Newark; Chicago O’Hare International Airport and John F. Kennedy International Airport.
Through April Port of Long Beach’s top trade partners 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 top trade partners were held by China, Japan, South Korea, Australia and Vietnam, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 China fell 23.46 percent to $12.82 billion.
Exports fell 45.89 percent to $1.89 billion. Imports fell 17.53 percent to $10.92 billion.
- Trade with No. 2 Japan fell 21.52 percent to $3.56 billion.
Exports fell 28.41 percent to $946.64 million. Imports fell 18.69 percent to $2.61 billion.
- Trade with No. 3 South Korea fell 27.02 percent to $1.99 billion.
Exports fell 15.23 percent to $1.37 billion. Imports fell 44.24 percent to $616.29 million.
- Trade with No. 4 Australia rose 1.79 percent to $1.7 billion.
Exports rose 2.03 percent to $1.55 billion. Imports fell 0.58 percent to $153.21 million.
- Trade with No. 5 Vietnam rose 31.09 percent to $1.68 billion.
Exports rose 24.35 percent to $463.23 million. Imports rose 33.85 percent to $1.22 billion.
Port of Long Beach’s top five trading partners through April accounted for 70.3 percent of its trade with the world.
Port of Long Beach had trade surpluses with 112 countries and deficits with 64 through April. That compares with 126 surpluses and 56 deficits for the same period one year earlier. The top three surpluses through April of this year were with Australia, $1.4 billion; South Korea, $752.42 million; and Hong Kong, $429.43 million. The top three deficits through April of this year were with China, $9.03 billion; Japan, $1.67 billion; and Vietnam, $754.48 million.
Through April its top exports were Motor vehicles for transporting people; Almonds, walnuts, pistachios, hazelnuts, etc.; Motor vehicle parts; Cotton; and Frozen beef, in that order. Those accounted for 20.03 percent of its total outbound trade. The Port’s top imports were Oil; Motor vehicle parts; Computers; Cell phones, related equipment; and Seats, excluding barber, dental, accounting for 19.71 percent of all inbound shipments.
Looking more closely at Port of Long Beach’s exports:
- Motor vehicles for transporting people fell 23.95 percent compared to last year to $507.7 million.
- Almonds, walnuts, pistachios, hazelnuts, etc. rose 11.35 percent compared to last year to $470.11 million.
- Motor vehicle parts fell 18.93 percent compared to last year to $400.25 million.
- Cotton fell 46.9 percent compared to last year to $359.81 million.
- Frozen beef rose 3.61 percent compared to last year to $320.12 million.
On the import side:
- Oil fell 3.05 percent compared to last year to $1.75 billion.
- Motor vehicle parts fell 28.51 percent compared to last year to $807.67 million.
- Computers fell 35.27 percent compared to last year to $629.17 million.
- Cell phones, related equipment fell 16.76 percent compared to last year to $456.93 million.
- Seats, excluding barber, dental fell 23.77 percent compared to last year to $427.42 million.
Last year Port of Long Beach posted total trade with the world of $109.22 billion. The Port’s deficit was $40.78 billion. At the end of the year, the port’s top five trade partners were China, Japan, South Korea, Australia and Vietnam. Exports totaled $34.22 billion and imports came to $75 billion.