March 2012

Total Exports To Cape Verde

RankCommodityTotal YTD Exports
1
Poultry, fresh, chilled or frozen
$349,719
2
Low value shipments
$309,530
3
Personal toiletries for shaving, etc.
$211,482
4
Scent, similar sprayers, powder puffs, pads
$130,000
5
Meteorological, hydaulic and survey equipment
$83,009
6
Exports of charitable items, returned as imports
$81,742
7
Polymers of ethylene
$81,224
8
Wires, ropes, stranded
$75,264
9
Seats, excluding barber, dental
$72,450
10
Aircraft
$66,907

Total Imports From Cape Verde

RankCommodityTotal YTD Imports
1
Landline, cellular phone equipment
$2,652,805
2
Imports of returned exports
$100,733
3
Ball bearings, roller bearings, parts
$35,400
4
Smoking Pipes & Bowls, Cigar Etc Holders, & P 9614
$12,540
5
Insulated wire, cable
$9,405
6
Aircraft engines, parts
$7,572
7
Salvage
$708
8
Misc. articles of unhardened vulcanized rubber
$441
March 2012

Top Cape Verde Trading Partners

RankDistrictTotal YTD
1
Dallas
$2,652,805
2
New York City
$376,672
3
Low Value Shipments
$310,238
4
Houston
$276,138
5
Boston
$274,040
6
Los Angeles
$259,552
7
Atlanta/Savannah
$219,834
8
Cleveland
$182,097
9
Miami
$44,710
10
Seattle
$35,400

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

Cape Verde’s trade rose to $4,732,700 through March

Cape Verde’s trade with the United States rose to $4,732,700 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 38.38 percent above its total trade during the same time period last year. Cape Verde’s exports decreased -42.05 percent while imports rose 2,268.26 percent. The U.S. deficit with Cape Verde was $906,508.

Through March, Cape Verde’s top U.S. Customs districts for total imports and exports were No. 1 Dallas, No. 2 New York City, No. 3 Low Value Shipments, No. 4 Houston and No. 5 Boston compared to last year when the top spots were held by No. 1 Los Angeles, No. 2 Atlanta/Savannah, No. 3 Low Value Shipments, No. 4 Cleveland and No. 5 Miami. In the current time period, the top five accounted for 21.67 percent of Cape Verde’s U.S. trade.. That compares to -12.08 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 Cape Verde,:

  • Trade with No. 1 Dallas rose 120,099.59 percent to $2,652,805.
    Exports fell to $0. Imports rose 120,099.59 percent to $2,652,805.
  • Trade with No. 2 New York City rose 47.00 percent to $376,672.
    Exports rose 50.88 percent to $376,672. Imports fell -100.00 percent to $0.
  • Trade with No. 3 Low Value Shipments fell -43.03 percent to $310,238.
    Exports fell -42.65 percent to $309,530. Imports fell -85.55 percent to $708.
  • Trade with No. 4 Houston rose 241.16 percent to $276,138.
    Exports rose 241.16 percent to $276,138. Imports fell to $0.
  • Trade with No. 5 Boston rose 38.31 percent to $274,040.
    Exports rose 79.04 percent to $274,040. Imports fell -100.00 percent to $0.

Through March, 12 Customs districts posted trade surpluses with Cape Verde while 3 had deficits. That compares with 13 surpluses and 2 deficits for the same period one year ago. The top surplus was with New York City at $376,672, the largest deficit was with Dallas at $-2,652,805.

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 Cape Verde by value through March were poultry, fresh, chilled or frozen; low value shipments; personal toiletries for shaving, etc.; scent, similar sprayers, powder puffs, pads; and meteorological, hydaulic and survey equipment, respectively. They accounted for 56.65 percent of total exports to Cape Verde.

The value of the top five U.S. imports from Cape Verde -- landline, cellular phone equipment; imports of returned exports; ball bearings, roller bearings, parts; smoking pipes & bowls, cigar etc holders, & p 9614; and insulated wire, cable -- accounted for 99.69 percent of all inbound shipments.

Looking more closely at U.S. exports to Cape Verde:

  • Poultry, fresh, chilled or frozen fell -48.87 percent compared to last year to $349,719.
  • Low value shipments fell -42.65 percent compared to last year to $309,530.
  • Personal toiletries for shaving, etc. rose 340.03 percent compared to last year to $211,482.
  • Scent, similar sprayers, powder puffs, pads rose 333.33 percent compared to last year to $130,000.
  • Meteorological, hydaulic and survey equipment rose 468.17 percent compared to last year to $83,009.

Looking more closely at U.S. imports from Cape Verde

  • Landline, cellular phone equipment rose 40,094.02 percent compared to last year to $2,652,805.
  • Imports of returned exports rose compared to last year to $100,733.
  • Ball bearings, roller bearings, parts rose compared to last year to $35,400.
  • Smoking Pipes & Bowls, Cigar Etc Holders, & P 9614 rose compared to last year to $12,540.
  • Insulated wire, cable rose compared to last year to $9,405.

In the latest annual figures available, Cape Verde recorded $3,420,133 in trade with the United States. At year’s end, its top five Customs districts were Atlanta/Savannah, Boston, Low Value Shipments, Los Angeles and New York City. Total U.S. exports to Cape Verde were $11,351,205 and imports from Cape Verde were $1,467,584. The U.S. surplus with Cape Verde was $9,883,621.


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