February 2015

Top Ports

Total Trade: $5.08 billion

Rank Port Total YTD
1 Port of South Louisiana $1,590,215,679
2 Port of New Orleans, LA $1,106,746,144
3 Port of Kalama, WA $415,978,231
4 Port of Tacoma, WA $307,074,544
5 Port of Norfolk-Newport News, VA $281,322,894
6 Port of Greater Baton Rouge, LA $242,943,735
7 Port of Seattle, WA $197,226,918
8 Port of Vancouver, WA $119,256,416
9 Port of Longview, WA $113,692,546
10 Port of Long Beach, CA $95,247,513

U.S. exports of Soybeans decreased 26 percent through February to $5.08 billion

U.S. exports of Soybeans decreased 26 percent, from $6.9 billion to $5.08 billion through February 2015, according to the latest U.S. Census bureau data analyzed by WorldCity.

The category ranked No. 8 through February among the roughly 1,265 export commodity groupings as classified by Census. It ranked No. 11 for the last full year with a total value of $24.26 billion, a $2.66 billion, 12 percent decrease over the 2013 total.

Through February of this year, the top five markets for U.S. exports in this category were No. 1 China; No. 2 The Netherlands; No. 3 Japan; No. 4 Mexico; and No. 5 Indonesia. The top five airports, seaports and border crossings from which exports left the United States through February were No. 1 Port of South Louisiana; No. 2 Port of New Orleans, LA; No. 3 Port of Kalama, WA; No. 4 Port of Tacoma, WA; and No. 5 Port of Norfolk-Newport News, VA.

In the last previous full year, the top five markets for U.S. exports in this category were No. 1 China; No. 2 Germany; No. 3 Mexico; No. 4 Japan; and No. 5 Spain. The top five airports, seaports and border crossings for exports were No. 1 Port of South Louisiana; No. 2 Port of New Orleans, LA; No. 3 Port of Kalama, WA; No. 4 Port of Longview, WA; and No. 5 Port of Greater Baton Rouge, LA.

Highlights for the top five ports:

Looking at specific airports, seaports and border crossings, the top five through the first two months of the year were:

  • No. 1 Port of South Louisiana, at $1.59 billion, a decrease of 22.11 percent;
  • No. 2 Port of New Orleans, LA, at $1.11 billion, a decrease of 31.21 percent;
  • No. 3 Port of Kalama, WA, at $415.98 million, a decrease of 14.85 percent;
  • No. 4 Port of Tacoma, WA, at $307.07 million, a decrease of 9.01 percent;
  • No. 5 Port of Norfolk-Newport News, VA, at $281.32 million, a decrease of 14.05 percent;
February 2015

Top Countries

Rank Country Total YTD
1 China $3,001,655,810
2 The Netherlands $305,463,385
3 Japan $241,716,750
4 Mexico $213,596,042
5 Indonesia $165,892,332
6 Taiwan $139,163,288
7 Vietnam $115,263,502
8 Turkey $104,271,509
9 Thailand $92,845,584
10 Spain $81,596,412

Top Districts

Rank District Total YTD
1 New Orleans $2,939,905,558
2 Portland/Columbia-Snake River $711,689,094
3 Seattle $504,338,086
4 Norfolk $281,322,894
5 Los Angeles $161,861,249
6 Laredo $133,798,322
7 Mobile $79,296,311
8 New York City $52,719,779
9 Houston $48,096,190
10 Port Arthur, Texas $36,927,260

There are several hundred airports, seaports and border crossings that handle international trade; they are, in turn, part of the roughly four dozen U.S. Customs districts.

Highlights for the top five foreign markets:

  • U.S. exports to No. 1 China decreased $1.36 billion, 31.25 percent. This constitutes 59.11 percent of all shipments.
  • U.S. exports to No. 2 The Netherlands increased $234.83 million, 332.49 percent. This constitutes 6.02 percent market share.
  • U.S. exports to No. 3 Japan decreased $9.24 million, 3.68 percent. This constitutes 4.76 percent market share.
  • U.S. exports to No. 4 Mexico decreased $108.65 million, 33.72 percent. This constitutes 4.21 percent market share.
  • U.S. exports to No. 5 Indonesia decreased $44.4 million, 21.11 percent. This constitutes 3.27 percent of all shipments.

All totaled, 77 percent of all these Soybeans exports from the United States were shipped to the top five markets through February of this year. That is equal to $3.93 billion of the $5.08 billion total.

Highlights for the top five Customs districts:

  • US exports from No. 1 New Orleans decreased $1.09 billion, 27.03 percent. This constitutes 57.89 percent of all shipments.
  • US exports from No. 2 Portland/Columbia-Snake River decreased $366.99 million, 34.02 percent. This constitutes 14.02 percent market share.
  • US exports from No. 3 Seattle decreased $165.18 million, 24.67 percent. This constitutes 9.93 percent market share.
  • US exports from No. 4 Norfolk decreased $45.97 million, 14.05 percent. This constitutes 5.54 percent market share.
  • US exports from No. 5 Los Angeles decreased $14.52 million, 8.23 percent. This constitutes 3.19 percent of all shipments.

All totaled 91 percent of all these Soybeans exports from the United States were shipped from the top five Customs districts through February of this year. That is equal to $4.6 billion of the $5.08 billion total.