|1||Civilian aircraft, parts||$919.23 M|
|4||Potatoes, prepared, frozen||$191.63 M|
|5||Gasoline, other fuels||$146.43 M|
|6||Hay, including alfalfa hay, etc.||$141.1 M|
|7||Fresh apples, pears||$122.04 M|
|8||Frozen fish||$116.69 M|
|9||Misc. articles of stone, mineral substance||$95.59 M|
|10||Beans, peas, dried or shelled||$69.48 M|
|1||Furniture, parts||$324.29 M|
|2||Defense-related aircraft, parts||$301.91 M|
|3||Seats, excluding barber, dental||$206.69 M|
|4||Motor vehicle parts||$194.47 M|
|6||Plastic shoes||$176.48 M|
|7||Shoes made of textile||$153.2 M|
|8||Leather shoes||$129.88 M|
|9||Air conditioning machines||$120.17 M|
|10||Cell phones, related equipment||$114.53 M|
Port of Seattle, Wash.’s trade increases 21.25 percent through June
Port of Seattle, Wash.’s trade with the world rose 21.25 percent, from $11.67 billion to $14.15 billion through the first six 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 $2 trillion, with exports at $830 billion and imports at $1 trillion. The nation’s total trade increased 8.95 percent compared to the same period last year. Exports rose 9.55 percent and imports rose 8.55 percent.
Port of Seattle, Wash. ranked No. 33 for total trade among the nation’s roughly 450 airports, seaports and border crossings through June of 2018. During the same period of 2017 it ranked No. 39. 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; Chicago O’Hare International Airport; John F. Kennedy International Airport and Port of Newark.
Through June Port of Seattle, Wash.’s 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 were held by China, South Korea, Japan, Australia and Canada, respectively
Taking a closer look at its leading trade partners:
- Trade with No. 1 China rose 20.18 percent to $6.46 billion.
Exports rose 0.22 percent to $1.03 billion. Imports rose 24.92 percent to $5.42 billion.
- Trade with No. 2 Canada rose 213.33 percent to $1.29 billion.
Exports rose 310.34 percent to $1.19 billion. Imports fell 15.54 percent to $103.43 million.
- Trade with No. 3 South Korea rose 27.06 percent to $1.07 billion.
Exports rose 25.06 percent to $447.1 million. Imports rose 28.53 percent to $625.72 million.
- Trade with No. 4 Japan fell 26.63 percent to $456.2 million.
Exports fell 3.12 percent to $306.39 million. Imports fell 50.97 percent to $149.82 million.
- Trade with No. 5 Australia fell 0.46 percent to $411.9 million.
Exports rose 26.22 percent to $173.42 million. Imports fell 13.73 percent to $238.48 million.
Port of Seattle, Wash.’s top five trading partners through June accounted for 68.46 percent of its trade with the world.
Port of Seattle, Wash. had trade surpluses with 84 countries and deficits with 89 through June. That compares with 80 surpluses and 96 deficits for the same period one year earlier. The top three surpluses through June of this year were with Canada, $1.08 billion; Hong Kong, $178.6 million; and Japan, $156.57 million. The top three deficits through June of this year were with China, $4.39 billion; South Korea, $178.62 million; and Taiwan, $143.65 million.
Through June it’s were Civilian aircraft, parts; Soybeans; Corn; Potatoes, prepared, frozen; and Gasoline, other fuels, in that order. Those accounted for 40.3 percent of its total outbound trade. The value of the Port’s were Furniture, parts; Defense-related aircraft, parts; Seats, excluding barber, dental; Motor vehicle parts; and Coffee, accounted for 13.17 percent of all inbound shipments.
Looking more closely at Port of Seattle, Wash.’s exports:
- Civilian aircraft, parts rose 860.44 percent compared to last year to $919.23 million.
- Soybeans rose 4.04 percent compared to last year to $454.93 million.
- Corn rose 8.63 percent compared to last year to $278.83 million.
- Potatoes, prepared, frozen rose 26.71 percent compared to last year to $191.63 million.
- Gasoline, other fuels rose 73.37 percent compared to last year to $146.43 million.
On the import side:
- Furniture, parts rose 20.18 percent compared to last year to $324.29 million.
- Defense-related aircraft, parts fell 7.57 percent compared to last year to $301.91 million.
- Seats, excluding barber, dental rose 13.71 percent compared to last year to $206.69 million.
- Motor vehicle parts rose 40.23 percent compared to last year to $194.47 million.
- Coffee rose 1.02 percent compared to last year to $185.3 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 were Canada, Germany, Iceland, Norway and The Netherlands. Exports totaled $6.46 billion and imports came to $15.2 billion.