|2||Motor vehicles for transporting people||$882.01 M|
|3||Chemical wood pulp, not dissolving grade||$613.37 M|
|4||Civilian aircraft, parts||$444.27 M|
|5||Misc. uncoated kraft paper, paperboard||$377.32 M|
|6||Chicken and other poultry||$335.01 M|
|7||Motor vehicle parts||$293 M|
|9||Commercial vehicles||$196.31 M|
|10||Chemical wood pulp, dissolving grades||$193.95 M|
|1||Motor vehicle parts||$1.57 B|
|2||Prepared foods, beverages||$1.52 B|
|3||Medicines in individual dosages||$1.1 B|
|4||Self-propelled heavy construction machinery||$923.22 M|
|5||Furniture, parts||$694.97 M|
|6||Rubber tires||$586.82 M|
|7||Seats, excluding barber, dental||$578.99 M|
|8||Plastic floor and wall coverings||$556.98 M|
|9||Saws, drills and other hand tools||$462.76 M|
|10||Misc. raw materials for industrial manufacturing||$387.63 M|
Port of Savannah, Ga.’s trade increases 8.74 percent through May
Port of Savannah, Ga.’s trade with the world rose 8.74 percent, from $41.86 billion to $45.52 billion through the first five 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 $1.71 trillion, with exports at $685.55 billion and imports at $1.03 trillion. The nation’s total trade increased 0.56 percent compared to the same period last year. Exports rose 0.12 percent and imports rose 0.86 percent.
Port of Savannah, Ga. ranked No. 10 for total trade among the nation’s roughly 450 airports, seaports and border crossings through May 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; Chicago O’Hare International Airport; Port of Newark and John F. Kennedy International Airport.
Through May Port of Savannah, Ga.’s top trade partners were No. 1 China, No. 2 Japan, No. 3 South Korea, No. 4 India and No. 5 Germany. Through the same period of the previous year, the top trade partners were held by China, Germany, Japan, South Korea and India, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 China fell 0.03 percent to $10.82 billion.
Exports fell 20.55 percent to $1.14 billion. Imports rose 3.11 percent to $9.68 billion.
- Trade with No. 2 Japan rose 26.27 percent to $3.02 billion.
Exports rose 11.69 percent to $375.43 million. Imports rose 28.65 percent to $2.65 billion.
- Trade with No. 3 South Korea rose 26.15 percent to $2.73 billion.
Exports fell 13.26 percent to $329.65 million. Imports rose 34.56 percent to $2.4 billion.
- Trade with No. 4 India rose 13.27 percent to $2.38 billion.
Exports rose 39.69 percent to $485.73 million. Imports rose 8.04 percent to $1.9 billion.
- Trade with No. 5 Germany fell 5.69 percent to $2.32 billion.
Exports rose 5.59 percent to $654.81 million. Imports fell 9.5 percent to $1.66 billion.
Port of Savannah, Ga.’s top five trading partners through May accounted for 46.72 percent of its trade with the world.
Port of Savannah, Ga. had trade surpluses with 127 countries and deficits with 76 through May. That compares with 124 surpluses and 76 deficits for the same period one year earlier. The top three surpluses through May of this year were with Australia, $917.97 million; The Netherlands, $292.32 million; and United Arab Emirates, $231.61 million. The top three deficits through May of this year were with China, $8.53 billion; Japan, $2.27 billion; and South Korea, $2.07 billion.
Through May its top exports were Cotton; Motor vehicles for transporting people; Chemical wood pulp, not dissolving grade; Civilian aircraft, parts; and Misc. uncoated kraft paper, paperboard, in that order. Those accounted for 25.57 percent of its total outbound trade. The Port’s top imports were Motor vehicle parts; Prepared foods, beverages; Medicines in individual dosages; Self-propelled heavy construction machinery; and Furniture, parts, accounting for 17.62 percent of all inbound shipments.
Looking more closely at Port of Savannah, Ga.’s exports:
- Cotton fell 7.61 percent compared to last year to $892.52 million.
- Motor vehicles for transporting people rose 1.04 percent compared to last year to $882.01 million.
- Chemical wood pulp, not dissolving grade rose 0.28 percent compared to last year to $613.37 million.
- Civilian aircraft, parts rose 7.97 percent compared to last year to $444.27 million.
- Misc. uncoated kraft paper, paperboard fell 27.39 percent compared to last year to $377.32 million.
On the import side:
- Motor vehicle parts rose 26.37 percent compared to last year to $1.57 billion.
- Prepared foods, beverages rose 30.33 percent compared to last year to $1.52 billion.
- Medicines in individual dosages rose 7.82 percent compared to last year to $1.1 billion.
- Self-propelled heavy construction machinery rose 29.62 percent compared to last year to $923.22 million.
- Furniture, parts fell 3.28 percent compared to last year to $694.97 million.
Last year Port of Savannah, Ga. posted total trade with the world of $102.67 billion. The Port’s deficit was $46.18 billion. At the end of the year, the port’s top five trade partners were China, Germany, Japan, South Korea and India. Exports totaled $28.25 billion and imports came to $74.42 billion.