| March 2012 |
Total Exports To Equatorial Guinea
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Taps, cocks and valves for pipes, tanks | $9,250,772 |
2 | Parts for heavy machinery | $6,625,736 |
3 | Seamless iron tubes and pipes | $3,422,845 |
4 | Pumps for dispensing liquids | $2,358,578 |
5 | Miscellaneous machines, parts | $2,201,319 |
6 | Electric generating sets, rotary converters | $1,717,980 |
7 | Centrifuges, filters, machines and parts | $1,475,742 |
8 | Insulated wire, cable | $1,407,492 |
9 | Misc. iron and steel articles | $1,177,765 |
10 | Binders for found molds; chemical products | $952,114 |
Total Imports From Equatorial Guinea
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Oil | $390,547,805 |
2 | Acyclic alcohols | $29,136,235 |
3 | Imports of returned exports | $729,061 |
4 | Miscellaneous machines, parts | $392,596 |
5 | Bananas and plantains, fresh or dried | $62,403 |
6 | Automatic regulating instruments, parts | $43,508 |
7 | Misc. iron and steel articles | $35,197 |
8 | Wood, sawed or chipped, greater than 6 meters thic | $33,450 |
9 | Salvage | $25,515 |
| March 2012 |
Top Equatorial Guinea Trading Partners
| Rank | District | Total YTD |
|---|---|---|
1 | Houston | $157,424,602 |
2 | Port Arthur, Texas | $148,571,511 |
3 | New York City | $73,035,798 |
4 | Philadelphia | $62,087,913 |
5 | New Orleans | $27,501,292 |
6 | Mobile | $4,113,149 |
7 | Chicago | $927,959 |
8 | Miami | $924,586 |
9 | Low Value Shipments | $896,485 |
10 | Los Angeles | $694,640 |
Top US Trading Partners
| Rank | Country | Total 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 |
Equatorial Guinea’s trade rose to $478,309,531 through March
Equatorial Guinea’s trade with the United States rose to $478,309,531 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s -15.18 percent below its total trade during the same time period last year. Equatorial Guinea’s exports decreased -6.43 percent while imports dropped -16.25 percent. The U.S. deficit with Equatorial Guinea was $363,702,009.
Through March, Equatorial Guinea’s top U.S. Customs districts for total imports and exports were No. 1 Houston, No. 2 Port Arthur, Texas, No. 3 New York City, No. 4 Philadelphia and No. 5 New Orleans compared to last year when the top spots were held by No. 1 New Orleans, No. 2 Houston, No. 3 U.S. Virgin Islands, No. 4 Port Arthur, Texas and No. 5 Dallas. In the current time period, the top five accounted for 2.07 percent of Equatorial Guinea’s U.S. trade.. That compares to 20.34 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 Equatorial Guinea,:
- Trade with No. 1 Houston rose 15.21 percent to $157,424,602.
Exports rose 14.38 percent to $48,217,149. Imports rose 15.58 percent to $109,207,453. - Trade with No. 2 Port Arthur, Texas rose 457.31 percent to $148,571,511.
Exports fell to $0. Imports rose 457.31 percent to $148,571,511. - Trade with No. 3 New York City rose 6,960.62 percent to $73,035,798.
Exports fell -1.47 percent to $941,758. Imports rose 91,577.21 percent to $72,094,040. - Trade with No. 4 Philadelphia rose 792.35 percent to $62,087,913.
Exports fell -100.00 percent to $0. Imports rose 797.51 percent to $62,087,913. - Trade with No. 5 New Orleans fell -90.90 percent to $27,501,292.
Exports fell -33.35 percent to $1,795,071. Imports fell -91.42 percent to $25,706,221.
Through March, 13 Customs districts posted trade surpluses with Equatorial Guinea while 6 had deficits. That compares with 14 surpluses and 7 deficits for the same period one year ago. The top surplus was with Miami at $924,586, the largest deficit was with Port Arthur, Texas at $-148,571,511.
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 Equatorial Guinea by value through March were taps, cocks and valves for pipes, tanks; parts for heavy machinery; seamless iron tubes and pipes; pumps for dispensing liquids; and miscellaneous machines, parts, respectively. They accounted for 41.64 percent of total exports to Equatorial Guinea.
The value of the top five U.S. imports from Equatorial Guinea -- oil; acyclic alcohols; imports of returned exports; miscellaneous machines, parts; and bananas and plantains, fresh or dried -- accounted for 99.97 percent of all inbound shipments.
Looking more closely at U.S. exports to Equatorial Guinea:
- Taps, cocks and valves for pipes, tanks fell -8.75 percent compared to last year to $9,250,772.
- Parts for heavy machinery rose 29.56 percent compared to last year to $6,625,736.
- Seamless iron tubes and pipes rose 406.49 percent compared to last year to $3,422,845.
- Pumps for dispensing liquids rose 68.92 percent compared to last year to $2,358,578.
- Miscellaneous machines, parts fell -5.86 percent compared to last year to $2,201,319.
Looking more closely at U.S. imports from Equatorial Guinea
- Oil fell -16.49 percent compared to last year to $390,547,805.
- Acyclic alcohols rose 24.53 percent compared to last year to $29,136,235.
- Imports of returned exports fell -71.74 percent compared to last year to $729,061.
- Miscellaneous machines, parts rose compared to last year to $392,596.
- Bananas and plantains, fresh or dried rose compared to last year to $62,403.
In the latest annual figures available, Equatorial Guinea recorded $563,935,290 in trade with the United States. At year’s end, its top five Customs districts were Houston, New Orleans, Port Arthur, Texas, U.S. Virgin Islands and Dallas. Total U.S. exports to Equatorial Guinea were $286,438,396 and imports from Equatorial Guinea were $1,190,780,854. The U.S. deficit with Equatorial Guinea was $-904,342,458.