| March 2013 |
Top Exports To Federated States of Micronesia
Total Exports To Federated States of Micronesia: $10,775,898| Rank | Commodity | Total YTD Exports |
|---|---|---|
| 1 | Low value shipments | $1,473,120 |
| 2 | Rice | $1,180,306 |
| 3 | Poultry, fresh, chilled or frozen | $803,928 |
| 4 | Electrical boards, panels and switches | $742,720 |
| 5 | Computer parts | $577,500 |
| 6 | Fishing rods, tackle, nets, decoys | $524,157 |
| 7 | Power supplies, transformers | $417,998 |
| 8 | Pumps for dispensing liquids | $382,214 |
| 9 | Frozen beef from cows | $241,140 |
| 10 | Water-based paints and varnishes | $217,165 |
Total Imports From Federated States of Micronesia
Total Imports From Federated States of Micronesia: $44,190| Rank | Commodity | Total YTD |
|---|---|---|
| 1 | Coral, shell of mollusks | $21,612 |
| 2 | Live fish | $9,684 |
| 3 | Salvage | $8,904 |
| 4 | Basketwork, wickerwork | $2,800 |
| 5 | Women's or girls' suits, not knit | $1,190 |
| $0 | ||
| $0 | ||
| $0 | ||
| $0 | ||
| $0 |
| March 2013 |
Top Federated States of Micronesia Trading Partners
Total Federated States of Micronesia trade: $10,820,088| Rank | District | Total YTD |
|---|---|---|
| 1 | San Francisco | $4,684,618 |
| 2 | Los Angeles | $2,844,027 |
| 3 | Low Value Shipments | $1,482,024 |
| 4 | Seattle | $623,446 |
| 5 | Honolulu | $615,321 |
| 6 | San Diego | $159,702 |
| 7 | Chicago | $119,184 |
| 8 | Portland/Columbia-Snake River | $100,833 |
| 9 | Laredo | $72,067 |
| 10 | Washington, D.C. | $40,056 |
Top US Trading Partners
Total U.S. trade for all countries: $919,560,909,009| Rank | Commodity | Total YTD Exports |
|---|---|---|
| 1 | CANADA | $154,229,781,187 |
| 2 | CHINA | $125,331,233,626 |
| 3 | MEXICO | $120,297,325,224 |
| 4 | JAPAN | $50,070,697,561 |
| 5 | GERMANY | $37,936,556,982 |
| 6 | SOUTH KOREA | $25,435,797,164 |
| 7 | UNITED KINGDOM | $24,776,181,741 |
| 8 | FRANCE | $17,448,501,187 |
| 9 | BRAZIL | $16,436,596,270 |
| 10 | SAUDI ARABIA | $15,342,397,281 |
Federated States of Micronesia’s trade rose to $10,820,088 through March
Federated States of Micronesia’s trade with the United States rose to $10,820,088 through the first three months of 2013, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s -18.42 percent below its total trade during the same time period last year. Federated States of Micronesia’s exports decreased -15.47 percent while imports dropped -91.43 percent. The U.S. deficit with Federated States of Micronesia was $0.
Through March, Federated States of Micronesia’s top U.S. Customs districts for total imports and exports were No. 1 San Francisco, No. 2 Los Angeles, No. 3 Low Value Shipments, No. 4 Seattle and No. 5 Honolulu compared to last year when the top spots were held by No. 1 San Francisco, No. 2 Los Angeles, No. 3 Low Value Shipments, No. 4 Laredo and No. 5 Honolulu. In the current time period, the top five accounted for 5.57 percent of Federated States of Micronesia’s U.S. trade.. That compares to 29.41 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 Federated States of Micronesia,:
- Trade with No. 1 San Francisco rose 1.65 percent to $4,684,618.
Exports rose 1.65 percent to $4,684,618. Imports fell to $0. - Trade with No. 2 Los Angeles fell -12.10 percent to $2,844,027.
Exports fell -11.77 percent to $2,844,027. Imports fell -100.00 percent to $0. - Trade with No. 3 Low Value Shipments fell -44.80 percent to $1,482,024.
Exports fell -44.69 percent to $1,473,120. Imports fell -58.53 percent to $8,904. - Trade with No. 4 Seattle rose 83.36 percent to $623,446.
Exports rose 83.36 percent to $623,446. Imports fell to $0. - Trade with No. 5 Honolulu rose 12.90 percent to $615,321.
Exports rose 55.11 percent to $611,331. Imports fell -97.36 percent to $3,990.
Through March, 17 Customs districts posted trade surpluses with Federated States of Micronesia while 1 had deficits. That compares with 14 surpluses and 4 deficits for the same period one year ago. The top surplus was with San Francisco at $4,684,618, the largest deficit was with Jacksonville/Tampa at $-21,612.
Meanwhile, total U.S. trade with the world decreased to $919,560,909,009, down -1.59 percent compared to the same period last year. The nation’s exports climbed 0.19 percent to $1,773,047,307; imports dropped -1.78 percent to $-16,591,316,281. The nation’s top five countries so far this year, by value, are Canada, China, Mexico, Japan and Germany. The overall trade deficit climbed $-152,899,878,555, down compared to the same period of last year when the deficit was $-171,264,242,143.
The top five U.S. exports to Federated States of Micronesia by value through March were low value shipments; rice; poultry, fresh, chilled or frozen; electrical boards, panels and switches; and computer parts, respectively. They accounted for 44.34 percent of total exports to Federated States of Micronesia.
The value of the top five U.S. imports from Federated States of Micronesia -- coral, shell of mollusks; live fish; salvage; basketwork, wickerwork; and women's or girls' suits, not knit -- accounted for 100.00 percent of all inbound shipments.
Looking more closely at U.S. exports to Federated States of Micronesia:
- Low value shipments fell -44.69 percent compared to last year to $1,473,120.
- Rice rose 4.47 percent compared to last year to $1,180,306.
- Poultry, fresh, chilled or frozen fell -28.70 percent compared to last year to $803,928.
- Electrical boards, panels and switches rose compared to last year to $742,720.
- Computer parts rose compared to last year to $577,500.
Looking more closely at U.S. imports from Federated States of Micronesia
- fell compared to last year to $0.
- fell compared to last year to $0.
- fell compared to last year to $0.
- fell compared to last year to $0.
- fell compared to last year to $0.
In the latest annual figures available, Federated States of Micronesia recorded $13,263,675 in trade with the United States. At year’s end, its top five Customs districts were Los Angeles, San Francisco, Low Value Shipments, Seattle and Honolulu. Total U.S. exports to Federated States of Micronesia were $51,591,332 and imports from Federated States of Micronesia were $903,581. The U.S. surplus with Federated States of Micronesia was $50,687,751.