March 2012

Total Exports To Finland

RankCommodityTotal YTD Exports
1
Motor vehicles for transporting people
$76,435,635
2
Ethyl alcohol
$47,875,202
3
Low value shipments
$31,810,340
4
Computers
$27,319,987
5
Landline, cellular phone equipment
$24,515,600
6
Medicine
$23,808,108
7
Aircraft
$16,760,080
8
Kaolin clays
$14,971,276
9
Tall oil, or liquid rosin
$13,995,008
10
Scrap iron, steel
$11,548,031

Total Imports From Finland

RankCommodityTotal YTD Imports
1
Oil, not crude
$394,432,357
2
Paper and paperboard, coated with kaolin
$126,456,144
3
Motor vehicles for transporting people
$81,260,821
4
Miscellaneous pharmaceuticals
$58,132,361
5
Nickle, Unwrought 7502
$55,219,974
6
Medicine
$50,003,411
7
Power supplies, transformers
$39,936,483
8
Paper, uncoated, for writing
$39,557,223
9
X-ray apparatus
$25,861,616
10
Nucleic acids and salts, heterocyclic compounds
$23,520,848
March 2012

Top Finland Trading Partners

RankDistrictTotal YTD
1
New York City
$855,062,649
2
Baltimore
$178,901,853
3
Philadelphia
$153,585,035
4
Chicago
$116,684,994
5
Houston
$112,759,052
6
Cleveland
$92,454,774
7
Jacksonville/Tampa
$72,323,069
8
Atlanta/Savannah
$63,985,873
9
Detroit
$60,968,812
10
Charleston
$58,721,775

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

Finland’s trade rose to $2,170,252,301 through March

Finland’s trade with the United States rose to $2,170,252,301 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 23.93 percent above its total trade during the same time period last year. Finland’s exports increased 9.02 percent while imports rose 32.24 percent. The U.S. deficit with Finland was $803,127,193.

Through March, Finland’s top U.S. Customs districts for total imports and exports were No. 1 New York City, No. 2 Baltimore, No. 3 Philadelphia, No. 4 Chicago and No. 5 Houston compared to last year when the top spots were held by No. 1 New York City, No. 2 Philadelphia, No. 3 Baltimore, No. 4 Chicago and No. 5 Houston. In the current time period, the top five accounted for 53.16 percent of Finland’s U.S. trade.. That compares to 23.59 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 Finland,:

  • Trade with No. 1 New York City rose 104.79 percent to $855,062,649.
    Exports rose 2.47 percent to $230,784,121. Imports rose 224.65 percent to $624,278,528.
  • Trade with No. 2 Baltimore fell -4.66 percent to $178,901,853.
    Exports rose 35.93 percent to $31,912,056. Imports fell -10.47 percent to $146,989,797.
  • Trade with No. 3 Philadelphia fell -19.06 percent to $153,585,035.
    Exports fell -29.60 percent to $12,584,949. Imports fell -17.96 percent to $141,000,086.
  • Trade with No. 4 Chicago fell -13.93 percent to $116,684,994.
    Exports fell -51.69 percent to $11,863,308. Imports fell -5.58 percent to $104,821,686.
  • Trade with No. 5 Houston fell -10.08 percent to $112,759,052.
    Exports rose 165.93 percent to $66,529,270. Imports fell -53.95 percent to $46,229,782.

Through March, 12 Customs districts posted trade surpluses with Finland while 31 had deficits. That compares with 14 surpluses and 29 deficits for the same period one year ago. The top surplus was with Detroit at $25,098,626, the largest deficit was with New York City at $-393,494,407.

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 Finland by value through March were motor vehicles for transporting people; ethyl alcohol; low value shipments; computers; and landline, cellular phone equipment, respectively. They accounted for 30.42 percent of total exports to Finland.

The value of the top five U.S. imports from Finland -- oil, not crude; paper and paperboard, coated with kaolin; motor vehicles for transporting people; miscellaneous pharmaceuticals; and nickle, unwrought 7502 -- accounted for 48.13 percent of all inbound shipments.

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

  • Motor vehicles for transporting people rose 11.21 percent compared to last year to $76,435,635.
  • Ethyl alcohol rose 116.34 percent compared to last year to $47,875,202.
  • Low value shipments rose 12.35 percent compared to last year to $31,810,340.
  • Computers rose 47.52 percent compared to last year to $27,319,987.
  • Landline, cellular phone equipment rose 34.88 percent compared to last year to $24,515,600.

Looking more closely at U.S. imports from Finland

  • Oil, not crude rose 207.40 percent compared to last year to $394,432,357.
  • Paper and paperboard, coated with kaolin rose 17.24 percent compared to last year to $126,456,144.
  • Motor vehicles for transporting people rose 475.87 percent compared to last year to $81,260,821.
  • Miscellaneous pharmaceuticals fell -27.57 percent compared to last year to $58,132,361.
  • Nickle, Unwrought 7502 fell -19.34 percent compared to last year to $55,219,974.

In the latest annual figures available, Finland recorded $1,751,218,275 in trade with the United States. At year’s end, its top five Customs districts were New York City, Baltimore, Philadelphia, Chicago and Houston. Total U.S. exports to Finland were $3,159,021,168 and imports from Finland were $4,409,193,363. The U.S. deficit with Finland was $-1,250,172,195.


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