Port of New London, Conn.

Port of New London, Conn.’s trade totaled $63,000 for the month of July, $2.6 million through July of 2020, and $392.36 million for all of 2019, the latest annual data available, according to U.S. Census Bureau data analyzed by WorldCity. Need more details? Read more

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Top Trading Countries

RankPortYTD
1Egypt$2.22 M
2Dominican Republic$314,837
3Norway$63,000
4Indonesia$7,800

Overall Rank

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Port of New London, Conn.’s trade decreases 98.95 percent through July

Port of New London, Conn.’s trade with the world fell 98.95 percent, from $247.09 million to $2.6 million through the first seven 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 $2.08 trillion, with exports at $799.82 billion and imports at $1.28 trillion. The nation’s total trade decreased 13.79 percent compared to the same period last year. Exports fell 16.38 percent and imports fell 12.08 percent.

Port of New London, Conn. ranked No. 319 for total trade among the nation’s roughly 450 airports, seaports and border crossings through July of 2020. During the same period of 2019 it ranked No. 172. It finished No. 178 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 July Port of New London, Conn.’s top trade partners were No. 1 Egypt, No. 2 Dominican Republic, No. 3 Indonesia, No. 4 The Netherlands and No. 5 Germany. Through the same period of the previous year, the top trade partners were held by Chile, Germany, Luxembourg, Belgium and United Kingdom, respectively.

Taking a closer look at its leading trade partners:

  • Trade with No. 1 Egypt fell 2.83 percent to $2.22 million.
    There were no exports. Imports fell 2.83 percent to $2.22 million.
  • Trade with No. 2 Dominican Republic totaled $314,837.
    Exports totaled $314,837. There were no imports.
  • Trade with No. 3 Indonesia totaled $7,800.
    Exports totaled $7,800. There were no imports.
  • Trade with No. 4 The Netherlands fell 100 percent to $0.
    There were no exports. There were no imports.
  • Trade with No. 5 Germany fell 100 percent to $0.
    There were no exports. There were no imports.

Port of New London, Conn.’s top five trading partners through July accounted for 100 percent of its trade with the world.

Port of New London, Conn. had trade surpluses with two countries and deficits with one through July. That compares with two surpluses and 12 deficits for the same period one year earlier. The top three surpluses through July of this year were with Dominican Republic, $314,837; Indonesia, $7,800; and The Netherlands, $0. The top three deficits through July of this year were with Egypt, $2.22 million; The Netherlands, $0; and Germany, $0.

Through July its top exports were Medical bandages; Medical instruments; Misc. plastic articles; Motorboats and yachts; and Various forms of salt, in that order. Those accounted for 100 percent of its total outbound trade. The Port’s top imports were Various forms of salt; Motorboats and yachts; Medical instruments; Medical bandages; and Misc. plastic articles, accounting for 100 percent of all inbound shipments.

Looking more closely at Port of New London, Conn.’s exports:

  • Medical bandages totaled $217,554. The previous year, there were no exports in this category.
  • Medical instruments totaled $97,283. The previous year, there were no exports in this category.
  • Misc. plastic articles totaled $7,800. The previous year, there were no exports in this category.
  • Motorboats and yachts totaled $0. The previous year, there were no exports in this category.
  • Various forms of salt totaled $0. The previous year, there were no exports in this category.

On the import side:

  • Various forms of salt fell 20.97 percent compared to last year to $2.22 million.
  • Motorboats and yachts totaled $63,000. The previous year, there were no imports in this category.
  • Medical instruments totaled $0. The previous year, there were no imports in this category.
  • Medical bandages totaled $0. The previous year, there were no imports in this category.
  • Misc. plastic articles totaled $0. The previous year, there were no imports in this category.

Last year Port of New London, Conn. posted total trade with the world of $392.36 million. The Port’s deficit was $390.27 million. Exports totaled $1.04 million and imports came to $391.32 million.