|1||Civilian aircraft, parts||$183.03 million|
|3||Misc. articles of stone, mineral substance||$52.03 million|
|4||Potatoes, prepared, frozen||$50.29 million|
|6||Fresh apples, pears||$44.52 million|
|7||Hay, including alfalfa hay, etc.||$44.47 million|
|8||Frozen fish||$31.99 million|
|9||Gasoline, other fuels||$29.39 million|
|10||Beans, peas, dried or shelled||$26.52 million|
|1||Defense-related aircraft, parts||$102.88 million|
|2||Furniture, parts||$101.32 million|
|3||Plastic shoes||$77.95 million|
|4||Seats, excluding barber, dental||$67.76 million|
|5||Shoes made of textile||$64.91 million|
|6||Motor vehicle parts||$52.54 million|
|8||Leather shoes||$50.74 million|
|10||Toys, children's bicycles, games||$42.46 million|
Port of Seattle, Wash. Top Trading Partners
Total trade: $4.39 billion
January – February 2018
Top U.S. Trading Partners
Total U.S. trade: $644.53 billion
Port of Seattle, Wash.’s trade increases 26.25 percent through February
Port of Seattle, Wash.’s trade with the world rose 26.25 percent, from $3.48 billion to $4.39 billion through the first two months of 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 $645 billion, with exports at $253 billion and imports at $391 billion. The nation’s total trade increased 8.84 percent compared to the same period last year. Exports rose 6.91 percent and imports rose 10.13 percent.
Port of Seattle, Wash. ranked No. 33 for total trade among the nation’s roughly 450 airports, seaports and border crossings through February of 2018. During the same period of 2017 it ranked No. 40. It finished No. 34 in the last full year.
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; John F. Kennedy International Airport and Chicago O’Hare International Airport.
Through February Port of Seattle, Wash.’s top five trade partners were No. 1 China, No. 2 South Korea, No. 3 Canada, No. 4 Japan and No. 5 Australia . Through the same period of the previous year, the top five spots were held by China, South Korea, Australia, Vietnam and Canada, respectively
Taking a closer look at its leading trade partners:
- Trade with No. 1 China rose 27.55 percent to $2 billion.
Exports rose 2.47 percent to $395 million. Imports rose 34.66 percent to $2 billion.
- Trade with No. 2 South Korea rose 36.87 percent to $317 million.
Exports rose 20.21 percent to $112 million. Imports rose 48.12 percent to $205 million.
- Trade with No. 3 Canada rose 183.4 percent to $308 million.
Exports rose 279.94 percent to $278 million. Imports fell 16.99 percent to $29 million.
- Trade with No. 4 Japan rose 81.95 percent to $140 million.
Exports rose 54.08 percent to $96 million. Imports rose 198.47 percent to $44 million.
- Trade with No. 5 Australia rose 5.52 percent to $124 million.
Exports rose 18.86 percent to $51 million. Imports fell 2.18 percent to $73 million.
Port of Seattle, Wash.’s top five trading partners through February accounted for 70.97 percent of its trade with the world.
Port of Seattle, Wash. had trade surpluses with 65 countries and deficits with 84 through February. That compares with 64 surpluses and 82 deficits for the same period one year earlier. The top three surpluses through February of this year were with Canada, $248.97 million; Hong Kong, $56.21 million; and Japan, $51.44 million. The top three deficits through February of this year were with China, $1.44 billion; South Korea, $92.71 million; and Vietnam, $61.29 million.
Top Exports from Port of Seattle, Wash.
Total Exports: $1.4 billion
|1||Civilian aircraft, parts||$183,033,688|
|3||Misc. articles of stone, mineral substance||$52,025,031|
|4||Potatoes, prepared, frozen||$50,287,175|
|6||Fresh apples, pears||$44,521,701|
|7||Hay, including alfalfa hay, etc.||$44,468,226|
|9||Gasoline, other fuels||$29,391,547|
|10||Beans, peas, dried or shelled||$26,523,546|
January – February 2018
Top Imports from Port of Seattle, Wash.
Total Imports: $2.99 billion
|4||Seats, excluding barber, dental||$67,759,711|
|5||Shoes made of textile||$64,906,023|
|6||Motor vehicle parts||$52,538,334|
|10||Toys, children’s bicycles, games||$42,457,452|
Through February it’s top five exports by value February were Civilian aircraft, parts; Soybeans; Misc. articles of stone, mineral substance; Potatoes, prepared, frozen; and Corn, in that order. Those accounted for 36.84 percent of its total outbound trade. The value of the Port’s top five imports February were Aircraft parts; Furniture, parts; Plastic shoes; Seats, excluding barber, dental; and Shoes made of textile, accounted for 13.85 percent of all inbound shipments.
Looking more closely at Port of Seattle, Wash.’s exports:
- Civilian aircraft, parts rose 2402.62 percent compared to last year to $183 million.
- Soybeans fell 19.34 percent compared to last year to $183 million.
- Misc. articles of stone, mineral substance rose 780.05 percent compared to last year to $52 million.
- Potatoes, prepared, frozen rose 35.96 percent compared to last year to $50 million.
- Corn fell 38.96 percent compared to last year to $46 million.
On the import side:
- Aircraft parts rose 15.7 percent compared to last year to $103 million.
- Furniture, parts rose 28.42 percent compared to last year to $101 million.
- Plastic shoes fell 18.57 percent compared to last year to $78 million.
- Seats, excluding barber, dental rose 23.62 percent compared to last year to $68 million.
- Shoes made of textile rose 5.13 percent compared to last year to $65 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 region’s top five partners were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $6.46 billion and imports came to $15.2 billion.