March 2012

Total Exports To Canada

RankCommodityTotal YTD Exports
1
Motor vehicle parts
$4,462,811,202
2
Motor vehicles for transporting people
$2,985,777,233
3
Motor vehicles for transporting goods
$2,643,178,342
4
Oil, not crude
$2,607,301,937
5
Low value shipments
$1,672,230,725
6
Computers
$1,525,866,715
7
Aircraft
$1,260,086,521
8
Petroleum gases, other gaseous hydrocarbons
$1,014,738,765
9
Tractors
$1,002,522,812
10
Internal combustion engines, including aircraft
$965,209,623

Total Imports From Canada

RankCommodityTotal YTD Imports
1
Oil
$20,003,043,713
2
Motor vehicles for transporting people
$10,807,248,933
3
Oil, not crude
$4,088,490,157
4
Petroleum gases, other gaseous hydrocarbons
$3,051,802,519
5
Motor vehicle parts
$2,317,164,007
6
Imports of returned exports
$2,042,050,418
7
Aluminum, unwrought
$1,128,200,773
8
Polymers of ethylene
$892,546,910
9
Medicine
$792,048,030
10
Potassic fertilizers
$734,715,516
March 2012

Top Canada Trading Partners

RankDistrictTotal YTD
1
Detroit
$54,040,186,954
2
Buffalo
$21,143,844,215
3
Pembina, N.D.
$11,322,877,334
4
Ogdensburg, N.Y.
$10,413,561,855
5
Great Falls, Mont.
$8,839,187,783
6
Seattle
$8,286,386,836
7
Low Value Shipments
$6,623,907,227
8
Chicago
$6,330,337,279
9
Cleveland
$3,710,874,804
10
St. Albans, Vt.
$2,799,999,816

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

Canada’s trade rose to $153,987,495,076 through March

Canada’s trade with the United States rose to $153,987,495,076 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 7.79 percent above its total trade during the same time period last year. Canada’s exports increased 7.37 percent while imports rose 8.16 percent. The U.S. deficit with Canada was $10,689,437,292.

Through March, Canada’s top U.S. Customs districts for total imports and exports were No. 1 Detroit, No. 2 Buffalo, No. 3 Pembina, N.D., No. 4 Ogdensburg, N.Y. and No. 5 Great Falls, Mont. compared to last year when the top spots were held by No. 1 Detroit, No. 2 Buffalo, No. 3 Ogdensburg, N.Y., No. 4 Pembina, N.D. and No. 5 Great Falls, Mont.. In the current time period, the top five accounted for 45.60 percent of Canada’s U.S. trade.. That compares to 35.08 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 Canada,:

  • Trade with No. 1 Detroit rose 6.40 percent to $54,040,186,954.
    Exports rose 4.22 percent to $28,210,140,225. Imports rose 8.89 percent to $25,830,046,729.
  • Trade with No. 2 Buffalo rose 6.43 percent to $21,143,844,215.
    Exports rose 10.34 percent to $11,494,162,685. Imports rose 2.11 percent to $9,649,681,530.
  • Trade with No. 3 Pembina, N.d. rose 19.48 percent to $11,322,877,334.
    Exports rose 20.91 percent to $6,856,000,524. Imports rose 17.35 percent to $4,466,876,810.
  • Trade with No. 4 Ogdensburg, N.y. fell -0.68 percent to $10,413,561,855.
    Exports rose 1.52 percent to $4,495,426,968. Imports fell -2.30 percent to $5,918,134,887.
  • Trade with No. 5 Great Falls, Mont. rose 11.61 percent to $8,839,187,783.
    Exports rose 16.45 percent to $3,120,179,918. Imports rose 9.13 percent to $5,719,007,865.

Through March, 13 Customs districts posted trade surpluses with Canada while 33 had deficits. That compares with 16 surpluses and 30 deficits for the same period one year ago. The top surplus was with Low Value Shipments at $5,680,130,157, the largest deficit was with Chicago at $-6,293,089,007.

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 Canada by value through March were motor vehicle parts; motor vehicles for transporting people; motor vehicles for transporting goods; oil, not crude; and low value shipments, respectively. They accounted for 20.06 percent of total exports to Canada.

The value of the top five U.S. imports from Canada -- oil; motor vehicles for transporting people; oil, not crude; petroleum gases, other gaseous hydrocarbons; and motor vehicle parts -- accounted for 48.91 percent of all inbound shipments.

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

  • Motor vehicle parts rose 3.36 percent compared to last year to $4,462,811,202.
  • Motor vehicles for transporting people fell -6.86 percent compared to last year to $2,985,777,233.
  • Motor vehicles for transporting goods rose 7.03 percent compared to last year to $2,643,178,342.
  • Oil, not crude rose 30.37 percent compared to last year to $2,607,301,937.
  • Low value shipments rose 0.99 percent compared to last year to $1,672,230,725.

Looking more closely at U.S. imports from Canada

  • Oil rose 28.95 percent compared to last year to $20,003,043,713.
  • Motor vehicles for transporting people rose 13.94 percent compared to last year to $10,807,248,933.
  • Oil, not crude rose 2.43 percent compared to last year to $4,088,490,157.
  • Petroleum gases, other gaseous hydrocarbons fell -27.53 percent compared to last year to $3,051,802,519.
  • Motor vehicle parts rose 11.04 percent compared to last year to $2,317,164,007.

In the latest annual figures available, Canada recorded $142,856,119,857 in trade with the United States. At year’s end, its top five Customs districts were Detroit, Buffalo, Ogdensburg, N.Y., Pembina, N.D. and Great Falls, Mont.. Total U.S. exports to Canada were $280,764,268,022 and imports from Canada were $316,510,676,527. The U.S. deficit with Canada was $-35,746,408,505.


blog comments powered by Disqus