| March 2012 |
Total Exports To Guinea
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Oil, not crude | $23,849,649 |
2 | Low value shipments | $5,294,938 |
3 | Sodium or potassium hydroxide or peroxide | $4,611,758 |
4 | Motor vehicles for transporting people | $2,798,111 |
5 | Parts for heavy machinery | $2,415,705 |
6 | Self-propelled heavy construction machinery | $2,289,835 |
7 | Motor vehicle chassis | $1,453,000 |
8 | Worn clothing, other worn textile articles | $1,402,140 |
9 | Aircraft | $1,186,606 |
10 | Rice | $663,750 |
Total Imports From Guinea
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Aluminum ores and concentrates | $29,955,566 |
2 | Gold | $2,697,242 |
3 | Diamonds, not mounted | $603,214 |
4 | Vegetable waxes, beeswax, etc. | $116,181 |
5 | Imports of returned exports | $103,341 |
6 | Coffee | $99,593 |
7 | Wood, sawed or chipped, greater than 6 meters thic | $45,818 |
8 | Salvage | $27,894 |
9 | Photographic film in rolls | $19,980 |
10 | Equipment, parts for exercising | $15,894 |
| March 2012 |
Top Guinea Trading Partners
| Rank | District | Total YTD |
|---|---|---|
1 | Houston | $34,991,120 |
2 | New Orleans | $28,408,145 |
3 | New York City | $5,806,783 |
4 | Low Value Shipments | $5,322,832 |
5 | Wilmington | $4,213,941 |
6 | Jacksonville/Tampa | $2,482,077 |
7 | Dallas | $2,281,801 |
8 | Baltimore | $1,845,945 |
9 | Los Angeles | $1,700,960 |
10 | Atlanta/Savannah | $1,509,301 |
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 |
Guinea’s trade rose to $92,542,669 through March
Guinea’s trade with the United States rose to $92,542,669 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 29.37 percent above its total trade during the same time period last year. Guinea’s exports increased 17.65 percent while imports rose 56.54 percent. The U.S. surplus with Guinea was $25,051,471.
Through March, Guinea’s top U.S. Customs districts for total imports and exports were No. 1 Houston, No. 2 New Orleans, No. 3 New York City, No. 4 Low Value Shipments and No. 5 Wilmington compared to last year when the top spots were held by No. 1 Houston, No. 2 Atlanta/Savannah, No. 3 New Orleans, No. 4 New York City and No. 5 Low Value Shipments. In the current time period, the top five accounted for 17.53 percent of Guinea’s U.S. trade.. That compares to -9.16 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 Guinea,:
- Trade with No. 1 Houston fell -6.94 percent to $34,991,120.
Exports fell -71.24 percent to $4,834,889. Imports rose 45.05 percent to $30,156,231. - Trade with No. 2 New Orleans rose 373.32 percent to $28,408,145.
Exports rose 375.57 percent to $28,397,118. Imports fell -64.03 percent to $11,027. - Trade with No. 3 New York City rose 17.20 percent to $5,806,783.
Exports rose 13.05 percent to $5,430,315. Imports rose 148.90 percent to $376,468. - Trade with No. 4 Low Value Shipments rose 24.63 percent to $5,322,832.
Exports rose 24.91 percent to $5,294,938. Imports fell -13.14 percent to $27,894. - Trade with No. 5 Wilmington rose 82.85 percent to $4,213,941.
Exports rose 105.21 percent to $4,119,941. Imports fell -68.35 percent to $94,000.
Through March, 19 Customs districts posted trade surpluses with Guinea while 6 had deficits. That compares with 23 surpluses and 3 deficits for the same period one year ago. The top surplus was with New Orleans at $28,386,091, the largest deficit was with Houston at $-25,321,342.
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 Guinea by value through March were oil, not crude; low value shipments; sodium or potassium hydroxide or peroxide; motor vehicles for transporting people; and parts for heavy machinery, respectively. They accounted for 66.28 percent of total exports to Guinea.
The value of the top five U.S. imports from Guinea -- aluminum ores and concentrates; gold; diamonds, not mounted; vegetable waxes, beeswax, etc.; and imports of returned exports -- accounted for 99.20 percent of all inbound shipments.
Looking more closely at U.S. exports to Guinea:
- Oil, not crude rose 47.24 percent compared to last year to $23,849,649.
- Low value shipments rose 24.91 percent compared to last year to $5,294,938.
- Sodium or potassium hydroxide or peroxide rose 33,942.65 percent compared to last year to $4,611,758.
- Motor vehicles for transporting people fell -19.87 percent compared to last year to $2,798,111.
- Parts for heavy machinery rose 31.32 percent compared to last year to $2,415,705.
Looking more closely at U.S. imports from Guinea
- Aluminum ores and concentrates rose 45.10 percent compared to last year to $29,955,566.
- Gold rose compared to last year to $2,697,242.
- Diamonds, not mounted rose 2,793.11 percent compared to last year to $603,214.
- Vegetable waxes, beeswax, etc. rose compared to last year to $116,181.
- Imports of returned exports fell -75.46 percent compared to last year to $103,341.
In the latest annual figures available, Guinea recorded $71,533,503 in trade with the United States. At year’s end, its top five Customs districts were Houston, New Orleans, New York City, Atlanta/Savannah and Low Value Shipments. Total U.S. exports to Guinea were $255,454,135 and imports from Guinea were $80,662,565. The U.S. surplus with Guinea was $174,791,570.