|1||Motor vehicles for transporting people||$2.16 B|
|3||Chemical wood pulp, not dissolving grade||$1.36 B|
|4||Civilian aircraft, parts||$1.07 B|
|5||Misc. uncoated kraft paper, paperboard||$830.31 M|
|6||Chicken and other poultry||$824.24 M|
|7||Motor vehicle parts||$600.52 M|
|9||Medicines in individual dosages||$448.54 M|
|10||Chemical wood pulp, dissolving grades||$430.03 M|
|1||Motor vehicle parts||$3.33 B|
|2||Prepared foods, beverages||$2.85 B|
|3||Medicines in individual dosages||$2.24 B|
|4||Self-propelled heavy construction machinery||$1.95 B|
|5||Furniture, parts||$1.52 B|
|6||Plastic floor and wall coverings||$1.3 B|
|7||Rubber tires||$1.2 B|
|8||Seats, excluding barber, dental||$1.17 B|
|9||Toys, children's bicycles, games||$1.05 B|
|10||Saws, drills and other hand tools||$1.01 B|
Port of Savannah, Ga.’s trade increases 5.88 percent through November
Port of Savannah, Ga.’s trade with the world rose 5.88 percent, from $94.18 billion to $99.72 billion through the first 11 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 $3.8 trillion, with exports at $1.51 trillion and imports at $2.29 trillion. The nation’s total trade decreased 1.5 percent compared to the same period last year. Exports fell 1.32 percent and imports fell 1.61 percent.
Port of Savannah, Ga. ranked No. 10 for total trade among the nation’s roughly 450 airports, seaports and border crossings through November 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 November 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 7.71 percent to $23.92 billion.
Exports fell 18.51 percent to $2.48 billion. Imports fell 6.28 percent to $21.44 billion.
- Trade with No. 2 Japan rose 24.05 percent to $6.75 billion.
Exports rose 2.92 percent to $815.36 million. Imports rose 27.65 percent to $5.93 billion.
- Trade with No. 3 South Korea rose 19.87 percent to $6.21 billion.
Exports fell 5.26 percent to $748.54 million. Imports rose 24.4 percent to $5.46 billion.
- Trade with No. 4 India rose 12.11 percent to $5.12 billion.
Exports rose 22.12 percent to $950.2 million. Imports rose 10.05 percent to $4.17 billion.
- Trade with No. 5 Germany fell 17.59 percent to $4.49 billion.
Exports rose 4.85 percent to $1.41 billion. Imports fell 24.92 percent to $3.08 billion.
Port of Savannah, Ga.’s top five trading partners through November accounted for 46.62 percent of its trade with the world.
Port of Savannah, Ga. had trade surpluses with 134 countries and deficits with 77 through November. That compares with 128 surpluses and 82 deficits for the same period one year earlier. The top three surpluses through November of this year were with Australia, $2.11 billion; The Netherlands, $559.37 million; and United Arab Emirates, $502.16 million. The top three deficits through November of this year were with China, $18.97 billion; Japan, $5.12 billion; and South Korea, $4.71 billion.
Through November its 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 25.1 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 16.44 percent of all inbound shipments.
Looking more closely at Port of Savannah, Ga.’s exports:
- Motor vehicles for transporting people rose 20.53 percent compared to last year to $2.16 billion.
- Cotton rose 8.93 percent compared to last year to $1.47 billion.
- Chemical wood pulp, not dissolving grade fell 1.2 percent compared to last year to $1.36 billion.
- Civilian aircraft, parts fell 5.54 percent compared to last year to $1.07 billion.
- Misc. uncoated kraft paper, paperboard fell 31.09 percent compared to last year to $830.31 million.
On the import side:
- Motor vehicle parts rose 14.3 percent compared to last year to $3.33 billion.
- Prepared foods, beverages rose 18.16 percent compared to last year to $2.85 billion.
- Medicines in individual dosages fell 3.59 percent compared to last year to $2.24 billion.
- Self-propelled heavy construction machinery rose 19.78 percent compared to last year to $1.95 billion.
- Furniture, parts fell 6.52 percent compared to last year to $1.52 billion.
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.