March 2012

Total Exports To Bulgaria

RankCommodityTotal YTD Exports
1
Aircraft
$10,571,518
2
Tractors
$7,203,295
3
Petroleum products
$4,940,688
4
Harvesting machinery for poultry
$3,983,267
5
Raw tobacco
$2,966,518
6
Landline, cellular phone equipment
$2,835,575
7
Computers
$2,622,776
8
Electronic integrated circuits
$2,617,655
9
Almonds, walnuts, pistachios, hazelnuts, etc.
$2,064,537
10
Low value shipments
$1,669,775

Total Imports From Bulgaria

RankCommodityTotal YTD Imports
1
Raw tobacco
$22,017,934
2
Nitrogenous fertilizers
$6,580,339
3
Men's or boys' suits, not knit
$4,930,365
4
Copper bars, rods
$4,676,275
5
General medical equipment
$3,701,055
6
Cheese and curd
$3,026,798
7
Imports of returned exports
$2,863,720
8
Seats, excluding barber, dental
$2,604,796
9
Furniture, parts
$2,381,193
10
Women's or girls' suits, not knit
$2,002,876
March 2012

Top Bulgaria Trading Partners

RankDistrictTotal YTD
1
New York City
$35,318,398
2
Norfolk
$23,083,340
3
Baltimore
$13,721,634
4
Wilmington
$13,627,648
5
New Orleans
$12,044,777
6
Atlanta/Savannah
$10,949,932
7
Portland, Maine
$10,440,916
8
Chicago
$9,162,894
9
Los Angeles
$7,817,551
10
Cleveland
$4,889,382

Top US Trading Partners

RankCountryTotal YTD
1
CANADA
$153,987,495,076
2
MEXICO
$122,398,351,478
3
CHINA
$120,983,448,879
4
JAPAN
$54,762,867,594
5
GERMANY
$38,277,050,668
6
UNITED KINGDOM
$28,840,373,748
7
SOUTH KOREA
$25,150,256,689
8
BRAZIL
$19,088,773,913
9
SAUDI ARABIA
$18,638,133,172
10
FRANCE
$17,857,130,070

Bulgaria’s trade rose to $183,375,156 through March

Bulgaria’s trade with the United States rose to $183,375,156 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 30.00 percent above its total trade during the same time period last year. Bulgaria’s exports increased 23.76 percent while imports rose 34.45 percent. The U.S. deficit with Bulgaria was $38,141,632.

Through March, Bulgaria’s top U.S. Customs districts for total imports and exports were No. 1 New York City, No. 2 Norfolk, No. 3 Baltimore, No. 4 Wilmington and No. 5 New Orleans compared to last year when the top spots were held by No. 1 New York City, No. 2 Norfolk, No. 3 New Orleans, No. 4 Atlanta/Savannah and No. 5 Baltimore. In the current time period, the top five accounted for 87.51 percent of Bulgaria’s U.S. trade.. That compares to 44.23 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 Bulgaria,:

  • Trade with No. 1 New York City rose 22.68 percent to $35,318,398.
    Exports rose 30.69 percent to $9,013,929. Imports rose 20.15 percent to $26,304,469.
  • Trade with No. 2 Norfolk rose 6.98 percent to $23,083,340.
    Exports rose 15.12 percent to $6,421,069. Imports rose 4.14 percent to $16,662,271.
  • Trade with No. 3 Baltimore rose 42.36 percent to $13,721,634.
    Exports rose 51.06 percent to $12,382,760. Imports fell -7.14 percent to $1,338,874.
  • Trade with No. 4 Wilmington rose 173.58 percent to $13,627,648.
    Exports rose 1,112.08 percent to $279,323. Imports rose 169.22 percent to $13,348,325.
  • Trade with No. 5 New Orleans rose 8.70 percent to $12,044,777.
    Exports rose 8.27 percent to $8,758,731. Imports rose 9.85 percent to $3,286,046.

Through March, 15 Customs districts posted trade surpluses with Bulgaria while 21 had deficits. That compares with 15 surpluses and 23 deficits for the same period one year ago. The top surplus was with Baltimore at $11,043,886, the largest deficit was with New York City at $-17,290,540.

Meanwhile, total U.S. trade with the world increased to $934,379,177,983, up 8.63 percent compared to the same period last year. The nation’s exports climbed 3.54 percent to $30,467,217,700; imports rose 5.09 percent to $43,800,507,934. The nation’s top five countries so far this year, by value, are Canada, Mexico, China, Japan and Germany. The overall trade deficit was $-171,264,242,143, up compared to the same period of last year when the deficit was $-157,930,951,909.

The top five U.S. exports to Bulgaria by value through March were aircraft; tractors; petroleum products; harvesting machinery for poultry; and raw tobacco, respectively. They accounted for 40.85 percent of total exports to Bulgaria.

The value of the top five U.S. imports from Bulgaria -- raw tobacco; nitrogenous fertilizers; men's or boys' suits, not knit; copper bars, rods; and general medical equipment -- accounted for 37.84 percent of all inbound shipments.

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

  • Aircraft rose 694.16 percent compared to last year to $10,571,518.
  • Tractors rose 27.65 percent compared to last year to $7,203,295.
  • Petroleum products fell -43.22 percent compared to last year to $4,940,688.
  • Harvesting machinery for poultry rose 98.26 percent compared to last year to $3,983,267.
  • Raw tobacco fell -0.34 percent compared to last year to $2,966,518.

Looking more closely at U.S. imports from Bulgaria

  • Raw tobacco rose 16.68 percent compared to last year to $22,017,934.
  • Nitrogenous fertilizers rose compared to last year to $6,580,339.
  • Men's or boys' suits, not knit rose 311.12 percent compared to last year to $4,930,365.
  • Copper bars, rods rose 141.10 percent compared to last year to $4,676,275.
  • General medical equipment rose 35.64 percent compared to last year to $3,701,055.

In the latest annual figures available, Bulgaria recorded $141,055,648 in trade with the United States. At year’s end, its top five Customs districts were New York City, New Orleans, Norfolk, Chicago and Atlanta/Savannah. Total U.S. exports to Bulgaria were $257,514,956 and imports from Bulgaria were $415,756,894. The U.S. deficit with Bulgaria was $-158,241,938.


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