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Is the economic contribution of the port to the region increasing or decreasing?

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Is the economic contribution of the port to the region increasing or decreasing?

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Increasing. Cargo volumes in the Port of New York and New Jersey achieved record levels in 2007. In an annual press release the Port Authority of NY and NJ indicated “The dollar value of all cargo moving through the port exceeded $166 billion for the first time, up 11 percent from 2006. back to top Q: Where did all that cargo come from? A: By in large, imports by growth in 2007 came from the Mediterranean, Southeast Asia and Asia, and South America. The top five importers were China, Italy, India, Germany and Brazil in that order. Much of what was imported in terms of growth over 2007 included preserved foods, furniture & bedding, spices, beverages, fish and seafood, and coffee and tea. back to top Q: Where did the exports go? A: Exports exhibited considerable increases over the 2006 numbers. Most exports were delivered to Europe, Southeast Asia and Asia, and South America. Most of those exports are products in the hard goods and industrial feedstock categories; vehicles, machinery, wo

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