March 2012

Total Exports To Egypt

RankCommodityTotal YTD Exports
1
Soybeans, whether broken or not
$236,633,160
2
Aircraft
$91,388,674
3
Scrap iron, steel
$87,878,731
4
Oils derived from high temperature coal tar
$60,936,912
5
Polymers of vinyl chloride
$55,544,593
6
Sugar and starch residues
$49,515,605
7
Parts for heavy machinery
$42,649,142
8
Corn
$37,340,155
9
Flour, meal of oil seed, olea fruit
$36,641,227
10
Internal organs from animals
$35,277,356

Total Imports From Egypt

RankCommodityTotal YTD Imports
1
Oil
$271,900,998
2
Nitrogenous fertilizers
$92,197,573
3
Men's or boys' suits, not knit
$68,055,779
4
Women's or girls' suits, not knit
$42,307,453
5
Sweaters, pullovers, vest, knit or crocheted
$22,557,838
6
Carpets & Oth Text Floor Cover, Woven, No Tuf 5702
$20,295,279
7
Ammonia
$16,990,939
8
T-shirts, tank tops, knit or crocheted
$16,144,143
9
Men's or boys' suits, knit or crocheted
$14,270,454
10
Acyclic alcohols
$14,191,606
March 2012

Top Egypt Trading Partners

RankDistrictTotal YTD
1
New Orleans
$720,760,677
2
Houston
$349,301,202
3
New York City
$272,205,492
4
Norfolk
$140,514,583
5
Atlanta/Savannah
$137,872,401
6
Seattle
$58,773,771
7
Mobile
$56,223,727
8
Los Angeles
$48,985,133
9
Baltimore
$41,707,508
10
Philadelphia
$37,849,067

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

Egypt’s trade rose to $2,136,375,586 through March

Egypt’s trade with the United States rose to $2,136,375,586 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s -10.94 percent below its total trade during the same time period last year. Egypt’s exports decreased -25.75 percent while imports rose 45.58 percent. The U.S. surplus with Egypt was $685,955,804.

Through March, Egypt’s top U.S. Customs districts for total imports and exports were No. 1 New Orleans, No. 2 Houston, No. 3 New York City, No. 4 Norfolk and No. 5 Atlanta/Savannah compared to last year when the top spots were held by No. 1 New Orleans, No. 2 Houston, No. 3 New York City, No. 4 Norfolk and No. 5 Seattle. In the current time period, the top five accounted for 31.82 percent of Egypt’s U.S. trade.. That compares to 48.01 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 Egypt,:

  • Trade with No. 1 New Orleans rose 16.90 percent to $720,760,677.
    Exports fell -5.70 percent to $485,871,890. Imports rose 131.86 percent to $234,888,787.
  • Trade with No. 2 Houston fell -34.63 percent to $349,301,202.
    Exports fell -54.17 percent to $237,924,958. Imports rose 635.80 percent to $111,376,244.
  • Trade with No. 3 New York City rose 10.95 percent to $272,205,492.
    Exports rose 32.22 percent to $121,398,502. Imports fell -1.77 percent to $150,806,990.
  • Trade with No. 4 Norfolk fell -34.66 percent to $140,514,583.
    Exports fell -41.35 percent to $111,669,649. Imports rose 17.01 percent to $28,844,934.
  • Trade with No. 5 Atlanta/savannah fell -21.31 percent to $137,872,401.
    Exports fell -0.80 percent to $80,120,181. Imports fell -38.84 percent to $57,752,220.

Through March, 25 Customs districts posted trade surpluses with Egypt while 15 had deficits. That compares with 23 surpluses and 18 deficits for the same period one year ago. The top surplus was with New Orleans at $250,983,103, the largest deficit was with Mobile at $-54,498,703.

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 Egypt by value through March were soybeans, whether broken or not; aircraft; scrap iron, steel; oils derived from high temperature coal tar; and polymers of vinyl chloride, respectively. They accounted for 37.73 percent of total exports to Egypt.

The value of the top five U.S. imports from Egypt -- oil; nitrogenous fertilizers; men's or boys' suits, not knit; women's or girls' suits, not knit; and sweaters, pullovers, vest, knit or crocheted -- accounted for 68.53 percent of all inbound shipments.

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

  • Soybeans, whether broken or not rose 90.53 percent compared to last year to $236,633,160.
  • Aircraft fell -41.22 percent compared to last year to $91,388,674.
  • Scrap iron, steel rose 65.08 percent compared to last year to $87,878,731.
  • Oils derived from high temperature coal tar rose 12.44 percent compared to last year to $60,936,912.
  • Polymers of vinyl chloride rose 55.10 percent compared to last year to $55,544,593.

Looking more closely at U.S. imports from Egypt

  • Oil rose compared to last year to $271,900,998.
  • Nitrogenous fertilizers rose 28.27 percent compared to last year to $92,197,573.
  • Men's or boys' suits, not knit rose 26.77 percent compared to last year to $68,055,779.
  • Women's or girls' suits, not knit fell -21.89 percent compared to last year to $42,307,453.
  • Sweaters, pullovers, vest, knit or crocheted fell -5.65 percent compared to last year to $22,557,838.

In the latest annual figures available, Egypt recorded $2,398,703,860 in trade with the United States. At year’s end, its top five Customs districts were New Orleans, Houston, New York City, Norfolk and Atlanta/Savannah. Total U.S. exports to Egypt were $6,182,963,459 and imports from Egypt were $2,058,566,885. The U.S. surplus with Egypt was $4,124,396,574.


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