|1||Civilian aircraft, parts||$690.56 M|
|3||Potatoes, prepared, frozen||$251.22 M|
|5||Gasoline, other fuels||$214.03 M|
|6||Hay, including alfalfa hay, etc.||$188.63 M|
|7||Beans, peas, dried or shelled||$127.33 M|
|8||Misc. articles of stone, mineral substance||$117.14 M|
|9||Frozen fish||$115.56 M|
|10||Cheese and curd||$101.27 M|
|1||Defense-related aircraft, parts||$378.82 M|
|2||Furniture, parts||$332.66 M|
|3||Motor vehicle parts||$303.04 M|
|4||TVs, computer monitors||$279.73 M|
|5||Athletic, other textile shoes||$278.92 M|
|6||Plastic shoes||$243.03 M|
|8||Seats, excluding barber, dental||$202.06 M|
|9||Leather shoes||$194.06 M|
|10||Shrimp, other crustaceans||$174.3 M|
Port of Seattle, Wash.’s trade decreases 0.45 percent through July
Port of Seattle, Wash.’s trade with the world fell 0.45 percent, from $16.81 billion to $16.74 billion through the first seven 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 $2.41 trillion, with exports at $956.44 billion and imports at $1.45 trillion. The nation’s total trade decreased 0.06 percent compared to the same period last year. Exports fell 0.71 percent and imports rose 0.38 percent.
Port of Seattle, Wash. ranked No. 33 for total trade among the nation’s roughly 450 airports, seaports and border crossings through July 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 July 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 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 5.71 percent to $7.37 billion.
Exports fell 22.81 percent to $884.31 million. Imports fell 2.77 percent to $6.48 billion.
- Trade with No. 2 South Korea fell 11.41 percent to $1.1 billion.
Exports fell 12.4 percent to $462.22 million. Imports fell 10.68 percent to $640.08 million.
- Trade with No. 3 Canada fell 26.42 percent to $1.05 billion.
Exports fell 27.32 percent to $932.77 million. Imports fell 18.15 percent to $114.25 million.
- Trade with No. 4 Japan rose 31.39 percent to $697.4 million.
Exports rose 34.6 percent to $480.9 million. Imports rose 24.76 percent to $216.5 million.
- Trade with No. 5 Australia rose 2.08 percent to $501.67 million.
Exports fell 7.69 percent to $184.47 million. Imports rose 8.78 percent to $317.2 million.
Port of Seattle, Wash.’s top five trading partners through July accounted for 64.01 percent of its trade with the world.
Port of Seattle, Wash. had trade surpluses with 90 countries and deficits with 84 through July. That compares with 91 surpluses and 87 deficits for the same period one year earlier. The top three surpluses through July of this year were with Canada, $818.52 million; Japan, $264.39 million; and Hong Kong, $140.38 million. The top three deficits through July of this year were with China, $5.6 billion; Vietnam, $327.74 million; and Taiwan, $185.39 million.
Through July its top exports were Civilian aircraft, parts; Soybeans; Potatoes, prepared, frozen; Corn; and Gasoline, other fuels, in that order. Those accounted for 34.67 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 Athletic, other textile shoes, accounting for 13.55 percent of all inbound shipments.
Looking more closely at Port of Seattle, Wash.’s exports:
- Civilian aircraft, parts fell 28.71 percent compared to last year to $690.56 million.
- Soybeans fell 19.53 percent compared to last year to $384.32 million.
- Potatoes, prepared, frozen rose 12.34 percent compared to last year to $251.22 million.
- Corn fell 32.81 percent compared to last year to $239.11 million.
- Gasoline, other fuels rose 1.29 percent compared to last year to $214.03 million.
On the import side:
- Defense-related aircraft, parts rose 6.29 percent compared to last year to $378.82 million.
- Furniture, parts fell 14.61 percent compared to last year to $332.66 million.
- Motor vehicle parts rose 25.97 percent compared to last year to $303.04 million.
- TVs, computer monitors rose 203.43 percent compared to last year to $279.73 million.
- Athletic, other textile shoes rose 38.35 percent compared to last year to $278.92 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.