March 2012

Total Exports To Greece

RankCommodityTotal YTD Exports
1
Bombs, grenades, cartridges, parts
$42,493,453
2
Aircraft engines, parts
$39,279,199
3
Copper waste and scrap
$15,987,830
4
Aircraft parts
$13,557,583
5
Medical instruments for surgeons, dentists, vets
$9,683,495
6
Medical technology
$7,020,431
7
Low value shipments
$6,301,877
8
Almonds, walnuts, pistachios, hazelnuts, etc.
$5,944,652
9
Petroleum products
$5,679,830
10
Landline, cellular phone equipment
$5,624,631

Total Imports From Greece

RankCommodityTotal YTD Imports
1
Misc. iron, steel tubes, pipes
$81,539,199
2
Razors, razor blades
$25,201,160
3
Oil, not crude
$24,263,566
4
Misc. vegetables, not frozen
$21,281,988
5
Aluminum plates, sheets, strip more than 0.2mm thi
$13,189,817
6
Aircraft parts
$11,665,149
7
Electrical supplies, apparatus, less than 1000V
$9,154,460
8
Trailers and similar vehicles
$8,653,345
9
Copper Tubes and Pipes 7411
$6,967,515
10
Fish, fresh or chilled
$6,464,594
March 2012

Top Greece Trading Partners

RankDistrictTotal YTD
1
New York City
$110,749,860
2
Houston
$90,690,349
3
Wilmington
$55,944,496
4
Atlanta/Savannah
$41,405,774
5
Philadelphia
$37,764,871
6
Cleveland
$35,273,683
7
Norfolk
$22,259,990
8
Laredo
$17,063,076
9
Seattle
$15,255,213
10
Los Angeles
$14,613,786

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

Greece’s trade rose to $535,107,413 through March

Greece’s trade with the United States rose to $535,107,413 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 24.95 percent above its total trade during the same time period last year. Greece’s exports increased 16.30 percent while imports rose 33.17 percent. The U.S. deficit with Greece was $49,824,205.

Through March, Greece’s top U.S. Customs districts for total imports and exports were No. 1 New York City, No. 2 Houston, No. 3 Wilmington, No. 4 Atlanta/Savannah and No. 5 Philadelphia compared to last year when the top spots were held by No. 1 New York City, No. 2 Atlanta/Savannah, No. 3 New Orleans, No. 4 Houston and No. 5 San Francisco. In the current time period, the top five accounted for 59.00 percent of Greece’s U.S. trade.. That compares to 27.25 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 Greece,:

  • Trade with No. 1 New York City rose 4.76 percent to $110,749,860.
    Exports fell -13.04 percent to $47,381,475. Imports rose 23.68 percent to $63,368,385.
  • Trade with No. 2 Houston rose 263.63 percent to $90,690,349.
    Exports fell -61.42 percent to $5,245,523. Imports rose 653.32 percent to $85,444,826.
  • Trade with No. 3 Wilmington rose 2,472.12 percent to $55,944,496.
    Exports rose 5,923.10 percent to $55,598,544. Imports fell -72.37 percent to $345,952.
  • Trade with No. 4 Atlanta/savannah rose 25.58 percent to $41,405,774.
    Exports fell -4.76 percent to $12,757,493. Imports rose 46.34 percent to $28,648,281.
  • Trade with No. 5 Philadelphia rose 173.50 percent to $37,764,871.
    Exports rose 274.10 percent to $9,371,987. Imports rose 151.20 percent to $28,392,884.

Through March, 19 Customs districts posted trade surpluses with Greece while 18 had deficits. That compares with 20 surpluses and 21 deficits for the same period one year ago. The top surplus was with Wilmington at $55,252,592, the largest deficit was with Houston at $-80,199,303.

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 Greece by value through March were bombs, grenades, cartridges, parts; aircraft engines, parts; copper waste and scrap; aircraft parts; and medical instruments for surgeons, dentists, vets, respectively. They accounted for 49.87 percent of total exports to Greece.

The value of the top five U.S. imports from Greece -- misc. iron, steel tubes, pipes; razors, razor blades; oil, not crude; misc. vegetables, not frozen; and aluminum plates, sheets, strip more than 0.2mm thi -- accounted for 56.58 percent of all inbound shipments.

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

  • Bombs, grenades, cartridges, parts rose 298,981.17 percent compared to last year to $42,493,453.
  • Aircraft engines, parts rose 1,737.45 percent compared to last year to $39,279,199.
  • Copper waste and scrap rose 53.53 percent compared to last year to $15,987,830.
  • Aircraft parts fell -13.72 percent compared to last year to $13,557,583.
  • Medical instruments for surgeons, dentists, vets fell -14.18 percent compared to last year to $9,683,495.

Looking more closely at U.S. imports from Greece

  • Misc. iron, steel tubes, pipes rose 596.25 percent compared to last year to $81,539,199.
  • Razors, razor blades rose 14.59 percent compared to last year to $25,201,160.
  • Oil, not crude rose 758,136.44 percent compared to last year to $24,263,566.
  • Misc. vegetables, not frozen fell -6.32 percent compared to last year to $21,281,988.
  • Aluminum plates, sheets, strip more than 0.2mm thi rose 3.85 percent compared to last year to $13,189,817.

In the latest annual figures available, Greece recorded $428,253,076 in trade with the United States. At year’s end, its top five Customs districts were New York City, Houston, Atlanta/Savannah, Philadelphia and New Orleans. Total U.S. exports to Greece were $1,083,440,110 and imports from Greece were $864,733,641. The U.S. surplus with Greece was $218,706,469.


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