|1||Civilian aircraft, parts||$643.63 M|
|4||Potatoes, prepared, frozen||$183.46 M|
|5||Gasoline, other fuels||$162.49 M|
|6||Hay, including alfalfa hay, etc.||$138.8 M|
|7||Beans, peas, dried or shelled||$89.71 M|
|8||Misc. articles of stone, mineral substance||$80.74 M|
|9||Cheese and curd||$78.75 M|
|10||Fresh apples, pears||$75.96 M|
|1||Defense-related aircraft, parts||$296.71 M|
|2||Furniture, parts||$244.87 M|
|3||Motor vehicle parts||$226.36 M|
|4||TVs, computer monitors||$214.44 M|
|5||Plastic shoes||$183.18 M|
|6||Athletic, other textile shoes||$176.77 M|
|7||Seats, excluding barber, dental||$156.49 M|
|9||Leather shoes||$131.32 M|
|10||Toys, children's bicycles, games||$120.03 M|
Port of Seattle, Wash.’s trade increases 3.85 percent through May
Port of Seattle, Wash.’s trade with the world rose 3.85 percent, from $11.56 billion to $12.01 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 Seattle, Wash. ranked No. 33 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 Seattle, Wash.’s top trade partners were No. 1 China, No. 2 Canada, No. 3 South Korea, No. 4 Japan and No. 5 Australia. Through the same period of the previous year, the top trade partners were held by China, Canada, South Korea, Japan and Australia, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 China fell 2.42 percent to $5.07 billion.
Exports fell 34.59 percent to $563.45 million. Imports rose 3.98 percent to $4.5 billion.
- Trade with No. 2 Canada fell 15.81 percent to $902.22 million.
Exports fell 17 percent to $827.39 million. Imports rose 0.07 percent to $74.83 million.
- Trade with No. 3 South Korea fell 7.13 percent to $853.96 million.
Exports fell 8.27 percent to $358.13 million. Imports fell 6.29 percent to $495.82 million.
- Trade with No. 4 Japan rose 33.94 percent to $513.02 million.
Exports rose 37.9 percent to $360.84 million. Imports rose 25.39 percent to $152.18 million.
- Trade with No. 5 Australia rose 2.52 percent to $358.22 million.
Exports fell 0.13 percent to $142.21 million. Imports rose 4.34 percent to $216 million.
Port of Seattle, Wash.’s top five trading partners through May accounted for 64.08 percent of its trade with the world.
Port of Seattle, Wash. had trade surpluses with 82 countries and deficits with 84 through May. That compares with 75 surpluses and 91 deficits for the same period one year earlier. The top three surpluses through May of this year were with Canada, $752.56 million; Japan, $208.65 million; and Hong Kong, $86 million. The top three deficits through May of this year were with China, $3.94 billion; Vietnam, $240.66 million; and South Korea, $137.69 million.
Through May its top exports were Civilian aircraft, parts; Soybeans; Corn; Potatoes, prepared, frozen; and Gasoline, other fuels, in that order. Those accounted for 37.56 percent of its total outbound trade. The Port’s top imports were Defense-related aircraft, parts; Furniture, parts; Motor vehicle parts; TVs, computer monitors; and Plastic shoes, accounting for 14.24 percent of all inbound shipments.
Looking more closely at Port of Seattle, Wash.’s exports:
- Civilian aircraft, parts fell 17.32 percent compared to last year to $643.63 million.
- Soybeans fell 32.91 percent compared to last year to $232.99 million.
- Corn fell 14.97 percent compared to last year to $212.76 million.
- Potatoes, prepared, frozen rose 20.85 percent compared to last year to $183.46 million.
- Gasoline, other fuels rose 30.33 percent compared to last year to $162.49 million.
On the import side:
- Defense-related aircraft, parts rose 16.14 percent compared to last year to $296.71 million.
- Furniture, parts fell 6.62 percent compared to last year to $244.87 million.
- Motor vehicle parts rose 55.71 percent compared to last year to $226.36 million.
- TVs, computer monitors rose 268.35 percent compared to last year to $214.44 million.
- Plastic shoes rose 20.23 percent compared to last year to $183.18 million.
Last year Port of Seattle, Wash. posted total trade with the world of $30.19 billion. The Port’s deficit was $12.03 billion. At the end of the year, the port’s top five trade partners were China, South Korea, Canada, Japan and Taiwan. Exports totaled $9.08 billion and imports came to $21.11 billion.