Port of Providence, R.I.
Dashboard
Total Trade Compared to the same month a year ago
Compared to last month
Total Exports Compared to the same month a year ago
Compared to last month
Total Imports Compared to the same month a year ago
Compared to last month
Current RankAmong U.S. airports, seaports, border crossings
Rank 2022
Port of Providence, R.I.’s trade down 14.22 percent in March from last March
Trade at Port of Providence, R.I. for the month of March decreased 14.22 percent from the same month one year ago and was up 0.14 percent compared to the previous month, according to ustradenumbers.com analysis of the most recent U.S. government data.
Breaking it down, exports increased 88.65 percent compared to the same month in the previous year and were up 498.09 percent from the previous month. Imports decreased -18.31 percent compared to the same month in the previous year and declined 6.97 percent when compared to the previous month.
Port of Providence, R.I. Trade Same Month, Year over Year
Trade Snapshot
Year-to-date, Port of Providence, R.I.’s trade up 19.21 percent
On a year-to-date basis, trade at Port of Providence, R.I. was valued at $1.93 billion, an increase of 19.21 percent through March.
Exports totaled $79.3 million, up 10.73 percent while imports were valued at $1.85 billion, up 19.6 percent.
The deficit at Port of Providence, R.I. was $1.77 billion.
As the chart at top in the middle shows, through March, 4.11 percent of that trade at Port of Providence, R.I. was an export and 95.89 percent was an import. The national average is 40.49 percent for exports and 59.51 percent for imports for the same 3 months of the year. Port of Providence, R.I. ranked No. 84 by value and No. 43 by tonnage among all of the nation’s 450-plus airports, seaports and border crossings. Ranking it just against other seaports, it ranked No. 43 by value and No. 43 by tonnage.
Port of Providence, R.I. Month-by-Month View
Here you can see the totals for exports and imports for each of the last 12 months. You can scroll over any month’s exports or imports to see the total. You can also expand or shrink the timeline to see more or fewer months.
Trade Partners
Market Share
Port of Providence, R.I. World Map
Port of Providence, R.I.’s trade with top trade partner Mexico has increased 12.71 percent YTD
Port of Providence, R.I.’s top five trade partners accounted for 84.38 percent of its total trade through March. By way of comparison, the United States' top five trade partners accounted for 50.92 percent.
Top Trading Countries
| Rank | Country | YTD |
|---|---|---|
| 1 | Mexico | $542.4 M |
| 2 | Germany | $438.5 M |
| 3 | Canada | $263.58 M |
| 4 | Japan | $194.47 M |
| 5 | Slovakia | $187.53 M |
| 6 | France | $87.88 M |
| 7 | Turkey | $52.9 M |
| 8 | Belgium | $34.28 M |
| 9 | United Kingdom | $31.16 M |
| 10 | The Netherlands | $27.58 M |
Taking a closer look at its leading trade partners:
Exports totaled $4.1 million. Imports rose 11.86 percent to $538.3 million.
Exports fell 43.36 percent to $119,833. Imports rose 131.5 percent to $438.38 million.
There were no exports. Imports rose 4.88 percent to $263.58 million.
There were no exports. Imports rose 50.54 percent to $194.47 million.
There were no exports. Imports rose 79.69 percent to $187.53 million.
Port of Providence, R.I. had trade surpluses with 16 countries and deficits with 22 through March. That compares with 13 surpluses and 18 deficits for the same period one year earlier. The top three surpluses through March of this year were with Turkey, $46.94 million; Nigeria, $12.36 million; and Benin, $6.31 million.The top three deficits through March of this year were with Mexico, $534.21 million; Germany, $438.26 million; and Canada, $263.58 million.
At this time a year ago, the top five trade partners were Mexico, Germany, The Netherlands, Canada and Japan.
By tonnage, the top five trade partners year-to-date are Canada, Egypt, Turkey, France and Mexico.
At this time a year ago, the top five by tonnage were Canada, The Netherlands, Turkey, Mexico and Egypt.
Exports
Market Share
The most valuable Port of Providence, R.I. export, Scrap iron, steel, has increased 36 percent YTD
Port of Providence, R.I.’s top five exports accounted for 99.75 percent of all its exports through March. By way of comparison, the United States’ top five exports accounted for 22.9 percent.
Top Exports
| Rank | Commodity | YTD |
|---|---|---|
| 1 | Scrap iron, steel | $54.02 M |
| 2 | Passenger vehicles | $19.21 M |
| 3 | Motor vehicle parts | $5.44 M |
| 4 | Commercial vehicles | $280,200 |
| 5 | Self-propelled construction machinery | $152,700 |
| 6 | Ship's derricks, cranes, mobile lifting frames | $89,000 |
| 7 | Cranes, derricks, industrial-use vehicles | $43,327 |
| 8 | Parts for heavy machinery | $15,000 |
| 9 | Fork-lifts, other trucks with lifts | $14,000 |
| 10 | Motor vehicle engines | $13,000 |
Here’s a closer look at the top five, by value:
- Scrap iron, steel rose 36 percent compared to last year to $54.02 million.
- Passenger vehicles fell 18.48 percent compared to last year to $19.21 million.
- Motor vehicle parts rose 39.86 percent compared to last year to $5.44 million.
- Commercial vehicles fell 90.27 percent compared to last year to $280,200.
- Self-propelled construction machinery fell 43.13 percent compared to last year to $152,700.
At this time a year ago, the top five exports were Scrap iron, steel; Passenger vehicles; Motor vehicle parts; Motorboats and yachts; and Commercial vehicles.
By tonnage the top five exports year-to-date are Scrap iron, steel; Passenger vehicles; Motor vehicle parts; Commercial vehicles; and Self-propelled construction machinery.
At this time a year ago, the top five by tonnage were Scrap iron, steel; Passenger vehicles; Motor vehicle parts; Commercial vehicles; and Self-propelled construction machinery.
Imports
Market Share
The most valuable Port of Providence, R.I. import, Passenger vehicles, has increased 36.84 percent YTD
Port of Providence, R.I.’s top five imports accounted for 98.15 percent of all its imports through March. By way of comparison, the United States’ top five imports accounted for 21.33 percent.
Top Imports
| Rank | Commodity | YTD |
|---|---|---|
| 1 | Passenger vehicles | $1.23 B |
| 2 | Gasoline, other fuels | $378.91 M |
| 3 | Commercial vehicles | $176.81 M |
| 4 | Petroleum products | $17.55 M |
| 5 | Biodiesel fuels | $14.25 M |
| 6 | Insulated wire, cable | $7.66 M |
| 7 | Sawed, chipped wood greater than 6MM thick | $6.45 M |
| 8 | Portland, aluminous and slag cement | $6.1 M |
| 9 | Various forms of salt | $4.27 M |
| 10 | Hydroxide or peroxide | $3.31 M |
Here’s a closer look at the top five, by value:
- Passenger vehicles rose 36.84 percent compared to last year to $1.23 billion.
- Gasoline, other fuels fell 23.83 percent compared to last year to $378.91 million.
- Commercial vehicles rose 112.81 percent compared to last year to $176.81 million.
- Petroleum products fell 18.41 percent compared to last year to $17.55 million.
- Biodiesel fuels totaled $14.25 million. The previous year, there were no imports in this category.
At this time a year ago, the top five imports were Passenger vehicles; Gasoline, other fuels; Commercial vehicles; Petroleum products; and LNG, other petroleum gases.
By tonnage the top five imports year-to-date are Gasoline, other fuels; Various forms of salt; Portland, aluminous and slag cement; Passenger vehicles; and Petroleum products.
At this time a year ago, the top five by tonnage were Gasoline, other fuels; Portland, aluminous and slag cement; Various forms of salt; Passenger vehicles; and Petroleum products.
Port
Market Share
By value, Port of Providence, R.I. was responsible for 0.15 percent of U.S. trade through March, ranking No. 84 among all ports and No. 43 among all seaports.
Last year Port of Providence, R.I., posted total trade with the world of $8.35 billion. The Port’s deficit was $7.73 billion. Exports totaled $312.17 million and imports came to $8.04 billion.