December 2011

Total Exports To Bangladesh

RankCommodityTotal YTD Exports
1
Cotton, not carded or combed
$329,196,044
2
Aircraft
$328,197,228
3
Electric generating sets, rotary converters
$34,310,911
4
Bird skins, feathered parts, down
$27,681,992
5
Scrap iron, steel
$24,569,180
6
Wheat, meslin
$21,093,329
7
Misc. mineral or chemical fertilizers
$20,467,848
8
Electric motor, generator parts
$17,702,522
9
Chemical woodpulp, not dissolving grade
$16,682,423
10
Milk and cream, concentrated or sweetened
$13,218,816

Total Imports From Bangladesh

RankCommodityTotal YTD Imports
1
Men's or boys' suits, not knit
$1,348,932,563
2
Women's or girls' suits, not knit
$648,091,028
3
Men's or boys' shirts, not knitted or crocheted
$603,903,387
4
Sweaters, pullovers, vest, knit or crocheted
$282,933,369
5
T-shirts, tank tops, knit or crocheted
$147,260,371
6
Baby garments, accessories, not knitted or crochet
$135,653,512
7
Women's or girls' slips
$128,543,734
8
Men's or boys' overcoats
$126,951,567
9
Hats, headgear, knit, lace
$120,153,646
10
Women's or girls' blouses, not knit
$111,798,128
December 2011

Top Bangladesh Trading Partners

RankDistrictTotal YTD
1
New York City
$1,592,615,073
2
Los Angeles
$1,525,688,844
3
Atlanta/Savannah
$616,150,294
4
Charleston
$483,184,156
5
Seattle
$373,076,206
6
San Francisco
$337,385,859
7
Houston
$187,660,127
8
Chicago
$185,404,313
9
Cleveland
$105,666,580
10
Norfolk
$91,116,609

Top US Trading Partners

RankCountryTotal YTD
1
CANADA
$597,274,944,549
2
CHINA
$503,213,619,839
3
MEXICO
$460,649,477,741
4
JAPAN
$194,979,609,039
5
GERMANY
$147,534,677,099
6
UNITED KINGDOM
$107,139,897,120
7
SOUTH KOREA
$100,140,537,899
8
BRAZIL
$74,315,279,527
9
FRANCE
$67,827,737,671
10
TAIWAN
$67,226,178,764

Bangladesh’s trade rose to $6,021,555,829 through December

Bangladesh’s trade with the United States rose to $6,021,555,829 through the first 12 months of 2011, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 23.62 percent above its total trade during the same time period last year. Bangladesh’s exports increased 98.48 percent while imports rose 13.56 percent. The U.S. deficit with Bangladesh was $3,730,374,855.

Through December, Bangladesh’s top U.S. Customs districts for total imports and exports were No. 1 New York City, No. 2 Los Angeles, No. 3 Atlanta/Savannah, No. 4 Charleston and No. 5 Seattle compared to last year when the top spots were held by No. 1 New York City, No. 2 Los Angeles, No. 3 Atlanta/Savannah, No. 4 Charleston and No. 5 San Francisco. In the current time period, the top five accounted for 31.17 percent of Bangladesh’s U.S. trade.. That compares to 6.10 percent for the nation’s top five Customs districts during the same time period.

Taking a closer look at the leading U.S. gateways for U.S. trade with Bangladesh,:

  • Trade with No. 1 New York City rose 10.59 percent to $1,592,615,073.
    Exports rose 30.55 percent to $73,056,369. Imports rose 9.78 percent to $1,519,558,704.
  • Trade with No. 2 Los Angeles rose 14.86 percent to $1,525,688,844.
    Exports rose 62.79 percent to $268,029,717. Imports rose 8.08 percent to $1,257,659,127.
  • Trade with No. 3 Atlanta/savannah rose 16.59 percent to $616,150,294.
    Exports rose 33.12 percent to $142,633,754. Imports rose 12.38 percent to $473,516,540.
  • Trade with No. 4 Charleston rose 32.64 percent to $483,184,156.
    Exports rose 10.71 percent to $28,837,687. Imports rose 34.33 percent to $454,346,469.
  • Trade with No. 5 Seattle rose 367.57 percent to $373,076,206.
    Exports rose 766.98 percent to $319,861,210. Imports rose 24.05 percent to $53,214,996.

Through December, 7 Customs districts posted trade surpluses with Bangladesh while 33 had deficits. That compares with 8 surpluses and 33 deficits for the same period one year ago. The top surplus was with Seattle at $266,646,214, the largest deficit was with New York City at $-1,446,502,335.

Meanwhile, total U.S. trade with the world increased to $3,687,481,148,857, up 15.61 percent compared to the same period last year. The nation’s exports climbed 6.37 percent to $203,048,192,676; imports rose 9.24 percent to $294,837,399,059. The nation’s top five countries so far this year, by value, are Canada, China, Mexico, Japan and Germany. The overall trade deficit was $-726,376,899,731, up compared to the same period of last year when the deficit was $-634,587,693,348.

The top five U.S. exports to Bangladesh by value through December were cotton, not carded or combed; aircraft; electric generating sets, rotary converters; bird skins, feathered parts, down; and scrap iron, steel, respectively. They accounted for 64.94 percent of total exports to Bangladesh.

The value of the top five U.S. imports from Bangladesh -- men's or boys' suits, not knit; women's or girls' suits, not knit; men's or boys' shirts, not knitted or crocheted; sweaters, pullovers, vest, knit or crocheted; and t-shirts, tank tops, knit or crocheted -- accounted for 62.16 percent of all inbound shipments.

Looking more closely at U.S. exports to Bangladesh:

  • Cotton, not carded or combed rose 101.57 percent compared to last year to $329,196,044.
  • Aircraft rose 4,303.82 percent compared to last year to $328,197,228.
  • Electric generating sets, rotary converters rose 138.68 percent compared to last year to $34,310,911.
  • Bird skins, feathered parts, down rose 96.68 percent compared to last year to $27,681,992.
  • Scrap iron, steel rose 78.35 percent compared to last year to $24,569,180.

Looking more closely at U.S. imports from Bangladesh

  • Men's or boys' suits, not knit rose 19.23 percent compared to last year to $1,348,932,563.
  • Women's or girls' suits, not knit rose 13.61 percent compared to last year to $648,091,028.
  • Men's or boys' shirts, not knitted or crocheted rose 28.14 percent compared to last year to $603,903,387.
  • Sweaters, pullovers, vest, knit or crocheted fell -6.56 percent compared to last year to $282,933,369.
  • T-shirts, tank tops, knit or crocheted fell -3.88 percent compared to last year to $147,260,371.

In the latest annual figures available, Bangladesh recorded $4,870,855,783 in trade with the United States. At year’s end, its top five Customs districts were New York City, Los Angeles, Atlanta/Savannah, Charleston and San Francisco. Total U.S. exports to Bangladesh were $577,179,084 and imports from Bangladesh were $4,293,676,699. The U.S. deficit with Bangladesh was $-3,716,497,615.


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