|1||Civilian aircraft, parts||$1.12 B|
|4||Frozen fish||$410.74 M|
|5||Potatoes, prepared, frozen||$395.88 M|
|6||Gasoline, other fuels||$331.93 M|
|7||Hay, including alfalfa hay, etc.||$285.54 M|
|8||Fresh apples, pears||$203.33 M|
|9||Misc. articles of stone, mineral substance||$176.23 M|
|10||Beans, peas, dried or shelled||$158.53 M|
|1||Furniture, parts||$661.04 M|
|2||Defense-related aircraft, parts||$632.25 M|
|3||Motor vehicle parts||$468.58 M|
|4||Toys, children's bicycles, games||$461.36 M|
|5||Seats, excluding barber, dental||$397.56 M|
|6||Cell phones, related equipment||$371.13 M|
|7||Athletic, other textile shoes||$363.79 M|
|9||TVs, computer monitors||$337.84 M|
|10||Plastic shoes||$330.19 M|
Port of Seattle, Wash.’s trade increases 15.07 percent through December
Port of Seattle, Wash.’s trade with the world rose 15.07 percent, from $26.24 billion to $30.19 billion in 2018 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 $4.2 trillion, with exports at $1.66 trillion and imports at $2.54 trillion. The nation’s total trade increased 8.01 percent compared to the same period last year. Exports rose 7.59 percent and imports rose 8.29 percent.
Port of Seattle, Wash. ranked No. 32 for total trade among the nation’s roughly 450 airports, seaports and border crossings through December of 2018.
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 December Port of Seattle, Wash.’s top trade parters were No. 1 China, No. 2 South Korea, No. 3 Canada, No. 4 Japan and No. 5 Taiwan . 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 rose 19.24 percent to $14.8 billion.
Exports fell 29.54 percent to $1.7 billion. Imports rose 31.03 percent to $13.1 billion.
- Trade with No. 2 South Korea rose 17.32 percent to $2.1 billion.
Exports rose 20.37 percent to $890.59 million. Imports rose 15.17 percent to $1.21 billion.
- Trade with No. 3 Canada rose 27.52 percent to $1.86 billion.
Exports rose 34.12 percent to $1.63 billion. Imports fell 5.25 percent to $232.34 million.
- Trade with No. 4 Japan fell 31.57 percent to $981.67 million.
Exports rose 17.41 percent to $656.04 million. Imports fell 62.81 percent to $325.63 million.
- Trade with No. 5 Taiwan rose 22.06 percent to $833.71 million.
Exports rose 71 percent to $277.88 million. Imports rose 6.78 percent to $555.84 million.
Port of Seattle, Wash.’s top five trading partners through December accounted for 68.18 percent of its trade with the world.
Port of Seattle, Wash. had trade surpluses with 97 countries and deficits with 89 through December. That compares with 97 surpluses and 97 deficits for the same period one year earlier. The top three surpluses through December of this year were with Canada, $1.4 billion; Japan, $330.41 million; and Hong Kong, $315.17 million. The top three deficits through December of this year were with China, $11.4 billion; South Korea, $319.61 million; and Taiwan, $277.96 million.
Through December it’s top exports were Civilian aircraft, parts; Corn; Soybeans; Frozen fish; and Potatoes, prepared, frozen, in that order. Those accounted for 33.32 percent of its total outbound trade. The Port’s top imports were Furniture, parts; Defense-related aircraft, parts; Motor vehicle parts; Toys, children’s bicycles, games; and Seats, excluding barber, dental, accounting for 12.41 percent of all inbound shipments.
Looking more closely at Port of Seattle, Wash.’s exports:
- Civilian aircraft, parts rose 46.66 percent compared to last year to $1.12 billion.
- Corn rose 68.22 percent compared to last year to $564.28 million.
- Soybeans fell 46.37 percent compared to last year to $535.82 million.
- Frozen fish fell 10.94 percent compared to last year to $410.74 million.
- Potatoes, prepared, frozen rose 15.73 percent compared to last year to $395.88 million.
On the import side:
- Furniture, parts rose 15.84 percent compared to last year to $661.04 million.
- Defense-related aircraft, parts fell 8.42 percent compared to last year to $632.25 million.
- Motor vehicle parts rose 62.3 percent compared to last year to $468.58 million.
- Toys, children’s bicycles, games rose 18.71 percent compared to last year to $461.36 million.
- Seats, excluding barber, dental rose 15.09 percent compared to last year to $397.56 million.
Last year Port of Seattle, Wash. posted total trade with the world of $21.66 billion. The Port’s deficit was $8.74 billion . At the end of the year, the port’s top five trade partners were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $6.46 billion and imports came to $15.2 billion.