|1||Motor vehicles for transporting people||$517.5 M|
|3||Chemical wood pulp, not dissolving grade||$367.19 M|
|4||Civilian aircraft, parts||$285.81 M|
|5||Misc. uncoated kraft paper, paperboard||$235.12 M|
|6||Chicken and other poultry||$196.56 M|
|7||Motor vehicle parts||$182.92 M|
|9||Chemical wood pulp, dissolving grades||$131.82 M|
|10||Commercial vehicles||$129.76 M|
|1||Motor vehicle parts||$926.2 M|
|2||Prepared foods, beverages||$851.79 M|
|3||Medicines in individual dosages||$728.53 M|
|4||Self-propelled heavy construction machinery||$526.37 M|
|5||Furniture, parts||$412.1 M|
|6||Plastic floor and wall coverings||$357.8 M|
|7||Rubber tires||$355.75 M|
|8||Seats, excluding barber, dental||$340.46 M|
|9||Saws, drills and other hand tools||$264.63 M|
|10||Men's or boys' slacks, suits, not knit||$226.03 M|
Port of Savannah, Ga.’s trade increases 11.63 percent through March
Port of Savannah, Ga.’s trade with the world rose 11.63 percent, from $24.28 billion to $27.11 billion through the first three 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 $1.01 trillion, with exports at $408.22 billion and imports at $598.47 billion. The nation’s total trade increased 0.65 percent compared to the same period last year. Exports rose 1.42 percent and imports rose 0.13 percent.
Port of Savannah, Ga. ranked No. 10 for total trade among the nation’s roughly 450 airports, seaports and border crossings through March 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 March Port of Savannah, Ga.’s top trade parters were No. 1 China, No. 2 Japan, No. 3 South Korea, No. 4 Germany and No. 5 India . 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 rose 0.12 percent to $6.6 billion.
Exports fell 19.29 percent to $695.03 million. Imports rose 3.03 percent to $5.9 billion.
- Trade with No. 2 Japan rose 22.26 percent to $1.71 billion.
Exports rose 8.32 percent to $212.7 million. Imports rose 24.53 percent to $1.5 billion.
- Trade with No. 3 South Korea rose 36.2 percent to $1.63 billion.
Exports fell 5.06 percent to $203.96 million. Imports rose 45.24 percent to $1.42 billion.
- Trade with No. 4 Germany rose 2.31 percent to $1.47 billion.
Exports fell 2.92 percent to $374.76 million. Imports rose 4.24 percent to $1.09 billion.
- Trade with No. 5 India rose 21.32 percent to $1.41 billion.
Exports rose 47.64 percent to $303.99 million. Imports rose 15.65 percent to $1.1 billion.
Port of Savannah, Ga.’s top five trading partners through March accounted for 47.28 percent of its trade with the world.
Port of Savannah, Ga. had trade surpluses with 126 countries and deficits with 73 through March. That compares with 122 surpluses and 73 deficits for the same period one year earlier. The top three surpluses through March of this year were with Australia, $550.85 million; The Netherlands, $199.69 million; and United Arab Emirates, $124.59 million. The top three deficits through March of this year were with China, $5.21 billion; Japan, $1.29 billion; and South Korea, $1.22 billion.
Through March it’s top exports were Motor vehicles for transporting people; Cotton; Chemical wood pulp, not dissolving grade; Civilian aircraft, parts; and Misc. uncoated kraft paper, paperboard, in that order. Those accounted for 25.87 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 17.5 percent of all inbound shipments.
Looking more closely at Port of Savannah, Ga.’s exports:
- Motor vehicles for transporting people rose 3.49 percent compared to last year to $517.5 million.
- Cotton fell 9.02 percent compared to last year to $516.4 million.
- Chemical wood pulp, not dissolving grade rose 0.55 percent compared to last year to $367.19 million.
- Civilian aircraft, parts rose 58.12 percent compared to last year to $285.81 million.
- Misc. uncoated kraft paper, paperboard fell 25.98 percent compared to last year to $235.12 million.
On the import side:
- Motor vehicle parts rose 32.98 percent compared to last year to $926.2 million.
- Prepared foods, beverages rose 47.44 percent compared to last year to $851.79 million.
- Medicines in individual dosages rose 32.31 percent compared to last year to $728.53 million.
- Self-propelled heavy construction machinery rose 35.55 percent compared to last year to $526.37 million.
- Furniture, parts fell 9.45 percent compared to last year to $412.1 million.
Last year Port of Savannah, Ga. posted total trade with the world of $83.88 billion. The Port’s deficit was $34.64 billion . At the end of the year, the port’s top five trade partners were Canada, The Netherlands, Iceland, Germany and Norway. Exports totaled $24.62 billion and imports came to $59.26 billion.