|1||Civilian aircraft, parts||$333.48 M|
|4||Potatoes, prepared, frozen||$160.54 M|
|5||Hay, including alfalfa hay, etc.||$154.06 M|
|6||Beans, peas, dried or shelled||$147.07 M|
|7||Precious metal ores, concentrates||$100.27 M|
|8||Fresh apples, pears||$94.78 M|
|9||Misc. articles of stone, mineral substance||$79.12 M|
|10||Cheese and curd||$76.44 M|
|1||Furniture, parts||$187.1 M|
|2||Defense-related aircraft, parts||$177.65 M|
|4||Plastic shoes||$161.3 M|
|5||Seats, excluding barber, dental||$149.08 M|
|6||Motor vehicle parts||$133.8 M|
|7||Video game consoles||$126.99 M|
|8||Athletic, other textile shoes||$120.2 M|
|9||Photo-sensitive semi-conductors, parts||$113.43 M|
|10||Shrimp, other crustaceans||$108.76 M|
Port of Seattle, Wash.’s trade decreases 22.41 percent through June
Port of Seattle, Wash.’s trade with the world fell 22.41 percent, from $14.2 billion to $11.01 billion through the first six 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 $1.77 trillion, with exports at $687.16 billion and imports at $1.08 trillion. The nation’s total trade decreased 14.28 percent compared to the same period last year. Exports fell 16.57 percent and imports fell 12.75 percent.
Port of Seattle, Wash. ranked No. 34 for total trade among the nation’s roughly 450 airports, seaports and border crossings through June of 2020.
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 June Port of Seattle, Wash.’s top trade partners were No. 1 China, No. 2 South Korea, No. 3 Canada, No. 4 Japan and No. 5 Vietnam. Through the same period of the previous year, the top trade partners were held by China, South Korea, Canada, Japan and Australia, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 China fell 33.62 percent to $4.03 billion.
Exports rose 3.72 percent to $715.73 million. Imports fell 38.4 percent to $3.31 billion.
- Trade with No. 2 South Korea fell 27.45 percent to $714.38 million.
Exports rose 3.42 percent to $429.91 million. Imports fell 50.01 percent to $284.47 million.
- Trade with No. 3 Canada fell 34.03 percent to $642.7 million.
Exports fell 37.71 percent to $546.43 million. Imports fell 0.8 percent to $96.27 million.
- Trade with No. 4 Japan rose 2.3 percent to $611.86 million.
Exports fell 21.84 percent to $330.78 million. Imports rose 60.7 percent to $281.09 million.
- Trade with No. 5 Vietnam rose 18.29 percent to $436.84 million.
Exports rose 22.06 percent to $54.12 million. Imports rose 17.78 percent to $382.72 million.
Port of Seattle, Wash.’s top five trading partners through June accounted for 58.43 percent of its trade with the world.
Port of Seattle, Wash. had trade surpluses with 88 countries and deficits with 85 through June. That compares with 87 surpluses and 82 deficits for the same period one year earlier. The top three surpluses through June of this year were with Canada, $450.17 million; South Korea, $145.44 million; and Hong Kong, $101.69 million. The top three deficits through June of this year were with China, $2.6 billion; Vietnam, $328.6 million; and Italy, $124.77 million.
Through June its top exports were Civilian aircraft, parts; Soybeans; Corn; Potatoes, prepared, frozen; and Hay, including alfalfa hay, etc., in that order. Those accounted for 27.9 percent of its total outbound trade. The Port’s top imports were Furniture, parts; Defense-related aircraft, parts; Coffee; Plastic shoes; and Seats, excluding barber, dental, accounting for 11.86 percent of all inbound shipments.
Looking more closely at Port of Seattle, Wash.’s exports:
- Civilian aircraft, parts fell 50.44 percent compared to last year to $333.48 million.
- Soybeans fell 19.7 percent compared to last year to $228.2 million.
- Corn fell 15.83 percent compared to last year to $191.43 million.
- Potatoes, prepared, frozen fell 27.08 percent compared to last year to $160.54 million.
- Hay, including alfalfa hay, etc. fell 6.24 percent compared to last year to $154.06 million.
On the import side:
- Furniture, parts fell 34.74 percent compared to last year to $187.1 million.
- Defense-related aircraft, parts fell 46.4 percent compared to last year to $177.65 million.
- Coffee rose 3.21 percent compared to last year to $177.13 million.
- Plastic shoes fell 23.72 percent compared to last year to $161.3 million.
- Seats, excluding barber, dental fell 17.66 percent compared to last year to $149.08 million.
Last year Port of Seattle, Wash. posted total trade with the world of $27.28 billion. The Port’s deficit was $10.38 billion. Exports totaled $8.45 billion and imports came to $18.83 billion.