| March 2012 |
Total Exports To Gibraltar
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Oil, not crude | $1,142,916,439 |
2 | Low value shipments | $461,180,179 |
3 | Oils derived from high temperature coal tar | $6,500,000 |
4 | Medical instruments for surgeons, dentists, vets | $224,555 |
5 | Computer parts | $173,400 |
6 | Landline, cellular phone equipment | $165,395 |
7 | Parts for cellular communications | $107,000 |
8 | Computers | $60,391 |
9 | Motor vehicles for transporting people | $52,000 |
10 | Cigars, cigarettes | $39,304 |
Total Imports From Gibraltar
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Electrical supplies, apparatus, less than 1000V | $115,241 |
2 | Equipment, parts for repair, including boats for p | $26,349 |
3 | Salvage | $4,879 |
4 | Centrifuges, filters, machines and parts | $4,815 |
5 | Engine parts | $2,221 |
| March 2012 |
Top Gibraltar Trading Partners
| Rank | District | Total YTD |
|---|---|---|
1 | New York City | $487,698,587 |
2 | Low Value Shipments | $461,185,058 |
3 | New Orleans | $382,569,596 |
4 | Houston | $185,208,157 |
5 | Port Arthur, Texas | $37,366,208 |
6 | Mobile | $34,429,511 |
7 | Philadelphia | $22,642,242 |
8 | Los Angeles | $144,100 |
9 | San Diego | $115,241 |
10 | Seattle | $107,055 |
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 |
Gibraltar’s trade rose to $1,611,715,949 through March
Gibraltar’s trade with the United States rose to $1,611,715,949 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 94.85 percent above its total trade during the same time period last year. Gibraltar’s exports increased 95.05 percent while imports dropped -82.99 percent. The U.S. surplus with Gibraltar was $1,611,408,939.
Through March, Gibraltar’s top U.S. Customs districts for total imports and exports were No. 1 New York City, No. 2 Low Value Shipments, No. 3 New Orleans, No. 4 Houston and No. 5 Port Arthur, Texas compared to last year when the top spots were held by No. 1 Low Value Shipments, No. 2 New Orleans, No. 3 Houston, No. 4 Port Arthur, Texas and No. 5 New York City. In the current time period, the top five accounted for 3.71 percent of Gibraltar’s U.S. trade.. That compares to -46.77 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 Gibraltar,:
- Trade with No. 1 New York City rose 580.37 percent to $487,698,587.
Exports rose 580.37 percent to $487,698,587. Imports fell to $0. - Trade with No. 2 Low Value Shipments rose 98.18 percent to $461,185,058.
Exports rose 98.18 percent to $461,180,179. Imports rose 214.37 percent to $4,879. - Trade with No. 3 New Orleans rose 64.85 percent to $382,569,596.
Exports rose 64.85 percent to $382,543,247. Imports rose 13.60 percent to $26,349. - Trade with No. 4 Houston rose 27.71 percent to $185,208,157.
Exports rose 27.71 percent to $185,208,157. Imports fell to $0. - Trade with No. 5 Port Arthur, Texas fell -53.17 percent to $37,366,208.
Exports fell -53.17 percent to $37,366,208. Imports fell to $0.
Through March, 14 Customs districts posted trade surpluses with Gibraltar while 1 had deficits. That compares with 15 surpluses and 1 deficits for the same period one year ago. The top surplus was with New York City at $487,698,587, the largest deficit was with San Diego at $-115,241.
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 Gibraltar by value through March were oil, not crude; low value shipments; oils derived from high temperature coal tar; medical instruments for surgeons, dentists, vets; and computer parts, respectively. They accounted for 99.96 percent of total exports to Gibraltar.
The value of the top five U.S. imports from Gibraltar -- electrical supplies, apparatus, less than 1000v; equipment, parts for repair, including boats for p; salvage; centrifuges, filters, machines and parts; and engine parts -- accounted for 100.00 percent of all inbound shipments.
Looking more closely at U.S. exports to Gibraltar:
- Oil, not crude rose 93.12 percent compared to last year to $1,142,916,439.
- Low value shipments rose 98.18 percent compared to last year to $461,180,179.
- Oils derived from high temperature coal tar rose compared to last year to $6,500,000.
- Medical instruments for surgeons, dentists, vets rose compared to last year to $224,555.
- Computer parts rose compared to last year to $173,400.
Looking more closely at U.S. imports from Gibraltar
- Electrical supplies, apparatus, less than 1000V rose compared to last year to $115,241.
- Equipment, parts for repair, including boats for p rose compared to last year to $26,349.
- Salvage rose 214.37 percent compared to last year to $4,879.
- Centrifuges, filters, machines and parts rose compared to last year to $4,815.
- Engine parts rose compared to last year to $2,221.
In the latest annual figures available, Gibraltar recorded $827,138,909 in trade with the United States. At year’s end, its top five Customs districts were Low Value Shipments, New Orleans, Houston, New York City and Port Arthur, Texas. Total U.S. exports to Gibraltar were $3,335,268,985 and imports from Gibraltar were $1,095,259. The U.S. surplus with Gibraltar was $3,334,173,726.