December 2011

Total Exports To India

RankCommodityTotal YTD Exports
1
Diamonds, not mounted
$3,520,049,143
2
Misc. mineral or chemical fertilizers
$1,237,731,568
3
Coal, briquettes
$917,302,797
4
Gold
$778,111,047
5
Aircraft
$659,736,217
6
Oils derived from high temperature coal tar
$536,975,021
7
Scrap iron, steel
$531,791,527
8
Landline, cellular phone equipment
$445,316,400
9
Low value shipments
$332,600,178
10
Aircraft engines, parts
$323,738,570

Total Imports From India

RankCommodityTotal YTD Imports
1
Diamonds, not mounted
$6,266,632,065
2
Oil, not crude
$3,175,658,779
3
Medicine
$3,174,518,917
4
Jewelry, parts
$1,476,867,688
5
Linens for bed, bath and kitchen
$1,372,968,355
6
Vegetable extracts, pectates, agar, etc.
$1,019,194,666
7
Motor vehicle parts
$689,467,481
8
Women's or girls' suits, not knit
$622,117,295
9
Live crustaceans
$500,850,645
10
Heterocyclic chemical compounds
$477,549,182
December 2011

Top India Trading Partners

RankDistrictTotal YTD
1
New York City
$19,221,117,695
2
Los Angeles
$7,589,710,653
3
Houston
$4,842,631,703
4
Charleston
$3,111,584,109
5
Atlanta/Savannah
$2,894,935,920
6
New Orleans
$2,554,997,034
7
Chicago
$2,516,760,266
8
Norfolk
$2,152,882,283
9
Cleveland
$1,554,449,335
10
Philadelphia
$1,356,425,978

Top US Trading Partners

RankCountryTotal YTD
1
CANADA
$597,274,944,549
2
CHINA
$503,213,619,839
3
MEXICO
$460,649,477,741
4
JAPAN
$194,979,609,039
5
GERMANY
$147,534,677,099
6
UNITED KINGDOM
$107,139,897,120
7
SOUTH KOREA
$100,140,537,899
8
BRAZIL
$74,315,279,527
9
FRANCE
$67,827,737,671
10
TAIWAN
$67,226,178,764

India’s trade rose to $57,794,965,802 through December

India’s trade with the United States rose to $57,794,965,802 through the first 12 months of 2011, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 18.54 percent above its total trade during the same time period last year. India’s exports increased 12.51 percent while imports rose 22.47 percent. The U.S. deficit with India was $14,539,771,854.

Through December, India’s top U.S. Customs districts for total imports and exports were No. 1 New York City, No. 2 Los Angeles, No. 3 Houston, No. 4 Charleston and No. 5 Atlanta/Savannah compared to last year when the top spots were held by No. 1 New York City, No. 2 Los Angeles, No. 3 Houston, No. 4 Charleston and No. 5 Chicago. In the current time period, the top five accounted for 53.47 percent of India’s U.S. trade.. That compares to 29.46 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 India,:

  • Trade with No. 1 New York City rose 10.29 percent to $19,221,117,695.
    Exports fell -6.46 percent to $6,105,324,458. Imports rose 20.32 percent to $13,115,793,237.
  • Trade with No. 2 Los Angeles rose 32.91 percent to $7,589,710,653.
    Exports rose 84.36 percent to $3,178,473,340. Imports rose 10.66 percent to $4,411,237,313.
  • Trade with No. 3 Houston rose 33.29 percent to $4,842,631,703.
    Exports rose 11.25 percent to $2,162,701,018. Imports rose 58.66 percent to $2,679,930,685.
  • Trade with No. 4 Charleston rose 20.98 percent to $3,111,584,109.
    Exports rose 3.82 percent to $694,105,246. Imports rose 27.01 percent to $2,417,478,863.
  • Trade with No. 5 Atlanta/savannah rose 32.36 percent to $2,894,935,920.
    Exports rose 12.99 percent to $1,047,324,146. Imports rose 46.61 percent to $1,847,611,774.

Through December, 10 Customs districts posted trade surpluses with India while 35 had deficits. That compares with 13 surpluses and 32 deficits for the same period one year ago. The top surplus was with Jacksonville/Tampa at $928,425,041, the largest deficit was with New York City at $-7,010,468,779.

Meanwhile, total U.S. trade with the world increased to $3,687,481,148,857, up 15.61 percent compared to the same period last year. The nation’s exports climbed 6.37 percent to $203,048,192,676; imports rose 9.24 percent to $294,837,399,059. The nation’s top five countries so far this year, by value, are Canada, China, Mexico, Japan and Germany. The overall trade deficit was $-726,376,899,731, up compared to the same period of last year when the deficit was $-634,587,693,348.

The top five U.S. exports to India by value through December were diamonds, not mounted; misc. mineral or chemical fertilizers; coal, briquettes; gold; and aircraft, respectively. They accounted for 32.89 percent of total exports to India.

The value of the top five U.S. imports from India -- diamonds, not mounted; oil, not crude; medicine; jewelry, parts; and linens for bed, bath and kitchen -- accounted for 42.76 percent of all inbound shipments.

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

  • Diamonds, not mounted rose 29.06 percent compared to last year to $3,520,049,143.
  • Misc. mineral or chemical fertilizers rose 14.64 percent compared to last year to $1,237,731,568.
  • Coal, briquettes rose 98.75 percent compared to last year to $917,302,797.
  • Gold fell -34.72 percent compared to last year to $778,111,047.
  • Aircraft fell -43.21 percent compared to last year to $659,736,217.

Looking more closely at U.S. imports from India

  • Diamonds, not mounted rose 21.20 percent compared to last year to $6,266,632,065.
  • Oil, not crude rose 37.84 percent compared to last year to $3,175,658,779.
  • Medicine rose 34.43 percent compared to last year to $3,174,518,917.
  • Jewelry, parts rose 2.79 percent compared to last year to $1,476,867,688.
  • Linens for bed, bath and kitchen rose 11.27 percent compared to last year to $1,372,968,355.

In the latest annual figures available, India recorded $48,753,907,501 in trade with the United States. At year’s end, its top five Customs districts were New York City, Los Angeles, Houston, Charleston and Chicago. Total U.S. exports to India were $19,222,742,837 and imports from India were $29,531,164,664. The U.S. deficit with India was $-10,308,421,827.


blog comments powered by Disqus