Top Exports To ItalyTotal Exports To Italy: $5,189,430,200
|Rank||Commodity||Total YTD Exports|
|1||Heterocyclic chemical compounds||$379,736,578|
|5||Scrap of precious metal||$212,375,523|
|6||Misc. human glands, heparin||$184,667,513|
|7||Hormones and steroids used as hormones||$174,070,512|
|8||Aircraft engines, parts||$122,964,674|
|9||Low value shipments||$120,896,830|
|10||Chemical woodpulp, not dissolving grade||$107,603,370|
Total Imports From ItalyTotal Imports From Italy: $12,051,024,168
|3||Oil, not crude||$372,747,585|
|5||Footware, sole of rubber, plastic or leather; uppe||$342,866,850|
|6||Motor vehicles for transporting people||$307,386,733|
|7||Human blood, animal blood, plasma, vaccines||$296,997,566|
|8||Travel goods, including handbags, wallets, jewelry||$232,273,707|
|9||Taps, cocks and valves for pipes, tanks||$226,081,535|
|10||Motor vehicle parts||$224,942,150|
Top Italy Trading PartnersTotal Italy trade: $17,240,454,368
|1||New York City||$4,891,927,442|
Top US Trading PartnersTotal U.S. trade for all countries: $1,240,094,299,613
|Rank||Commodity||Total YTD Exports|
Italy’s trade rose to $17,240,454,368 through April
Italy’s trade with the United States rose to $17,240,454,368 through the first four months of 2013, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s -0.27 percent below its total trade during the same time period last year. Italy’s exports decreased -9.36 percent while imports rose 4.23 percent. The U.S. deficit with Italy was $6,861,593,968.Through April, Italy’s top U.S. Customs districts for total imports and exports were No. 1 New York City, No. 2 Chicago, No. 3 Atlanta/Savannah, No. 4 Houston and No. 5 Los Angeles compared to last year when the top spots were held by No. 1 New York City, No. 2 Atlanta/Savannah, No. 3 Chicago, No. 4 Houston and No. 5 Los Angeles. In the current time period, the top five accounted for 79.72 percent of Italy’s U.S. trade.. That compares to 80.21 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 Italy,:
- Trade with No. 1 New York City fell -2.27 percent to $4,891,927,442.
Exports fell -13.04 percent to $1,247,368,597. Imports rose 2.05 percent to $3,644,558,845.
- Trade with No. 2 Chicago rose 5.99 percent to $1,457,900,966.
Exports fell -4.61 percent to $318,908,052. Imports rose 9.40 percent to $1,138,992,914.
- Trade with No. 3 Atlanta/savannah fell -5.50 percent to $1,311,421,641.
Exports fell -27.22 percent to $369,586,540. Imports rose 7.03 percent to $941,835,101.
- Trade with No. 4 Houston fell -13.77 percent to $1,024,496,847.
Exports fell -20.73 percent to $308,072,129. Imports fell -10.39 percent to $716,424,718.
- Trade with No. 5 Los Angeles rose 7.92 percent to $907,161,748.
Exports rose 2.93 percent to $286,027,083. Imports rose 10.38 percent to $621,134,665.
Through April, 7 Customs districts posted trade surpluses with Italy while 39 had deficits. That compares with 9 surpluses and 36 deficits for the same period one year ago. The top surplus was with San Juan at $426,067,592, the largest deficit was with New York City at $-2,397,190,248.
Meanwhile, total U.S. trade with the world decreased to $1,240,094,299,613, down -0.88 percent compared to the same period last year. The nation’s exports climbed 0.32 percent to $4,038,186,093; imports dropped -1.20 percent to $-15,017,653,007. The nation’s top five countries so far this year, by value, are Canada, China, Mexico, Japan and Germany. The overall trade deficit climbed $-214,073,880,779, down compared to the same period of last year when the deficit was $-233,129,719,879.
The top five U.S. exports to Italy by value through April were heterocyclic chemical compounds; medicine; coal, briquettes; aircraft; and scrap of precious metal, respectively. They accounted for 28.01 percent of total exports to Italy.
The value of the top five U.S. imports from Italy -- wine; medicine; oil, not crude; aircraft parts; and footware, sole of rubber, plastic or leather; uppe -- accounted for 16.59 percent of all inbound shipments.
Looking more closely at U.S. exports to Italy:
- Heterocyclic chemical compounds rose 44.20 percent compared to last year to $379,736,578.
- Medicine fell -20.54 percent compared to last year to $349,002,833.
- Coal, briquettes fell -40.07 percent compared to last year to $263,783,325.
- Aircraft fell -13.39 percent compared to last year to $248,841,366.
- Scrap of precious metal fell -3.26 percent compared to last year to $212,375,523.
Looking more closely at U.S. imports from Italy
- Wine rose 8.24 percent compared to last year to $503,195,267.
- Medicine fell -12.79 percent compared to last year to $414,718,111.
- Oil, not crude rose 3.70 percent compared to last year to $372,747,585.
- Aircraft parts rose 17.20 percent compared to last year to $366,172,552.
- Footware, sole of rubber, plastic or leather; uppe rose compared to last year to $342,866,850.
In the latest annual figures available, Italy recorded $17,287,131,768 in trade with the United States. At year’s end, its top five Customs districts were New York City, Chicago, Atlanta/Savannah, Houston and Los Angeles. Total U.S. exports to Italy were $15,972,470,845 and imports from Italy were $36,930,747,127. The U.S. deficit with Italy was $-20,958,276,282.