March 2012

Total Exports To Kiribati

RankCommodityTotal YTD Exports
1
Yachts and other boats
$180,150
2
Low value shipments
$166,318
3
Centrifuges, filters, machines and parts
$72,859
4
Parts for cellular communications
$27,413
5
Sweetened waters
$25,290
6
Rice
$20,976
7
Worn clothing, other worn textile articles
$20,424
8
Primary cells, batteries, parts
$19,424
9
Landline, cellular phone equipment
$15,761
10
Oil, not crude
$14,343

Total Imports From Kiribati

RankCommodityTotal YTD Imports
1
Live fish
$125,458
2
Salvage
$15,141
3
Coral, shell of mollusks
$6,926
4
Copper waste and scrap
$6,075
March 2012

Top Kiribati Trading Partners

RankDistrictTotal YTD
1
Honolulu
$463,748
2
Low Value Shipments
$181,459
3
Los Angeles
$132,769
4
Houston
$27,413
5
Miami
$12,905
6
Detroit
$5,000
7
New York City
$3,312

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

Kiribati’s trade rose to $826,606 through March

Kiribati’s trade with the United States rose to $826,606 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s -94.91 percent below its total trade during the same time period last year. Kiribati’s exports decreased -95.81 percent while imports dropped -16.46 percent. The U.S. surplus with Kiribati was $519,406.

Through March, Kiribati’s top U.S. Customs districts for total imports and exports were No. 1 Honolulu, No. 2 Low Value Shipments, No. 3 Los Angeles, No. 4 Houston and No. 5 Miami compared to last year when the top spots were held by No. 1 New York City, No. 2 Low Value Shipments, No. 3 Los Angeles, No. 4 Honolulu and No. 5 Miami. In the current time period, the top five accounted for 1.02 percent of Kiribati’s U.S. trade.. That compares to 1,885.99 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 Kiribati,:

  • Trade with No. 1 Honolulu rose 120.85 percent to $463,748.
    Exports rose 256.05 percent to $342,663. Imports rose 6.46 percent to $121,085.
  • Trade with No. 2 Low Value Shipments fell -96.86 percent to $181,459.
    Exports fell -97.09 percent to $166,318. Imports fell -73.77 percent to $15,141.
  • Trade with No. 3 Los Angeles fell -90.54 percent to $132,769.
    Exports fell -91.72 percent to $115,395. Imports rose 86.80 percent to $17,374.
  • Trade with No. 4 Houston rose to $27,413.
    Exports rose to $27,413. Imports rose to $0.
  • Trade with No. 5 Miami rose 37.55 percent to $12,905.
    Exports rose 37.55 percent to $12,905. Imports fell to $0.

Through March, 7 Customs districts posted trade surpluses with Kiribati while 0 had deficits. That compares with 5 surpluses and 2 deficits for the same period one year ago. The top surplus was with Honolulu at $221,578, the largest deficit was with at $0.

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 Kiribati by value through March were yachts and other boats; low value shipments; centrifuges, filters, machines and parts; parts for cellular communications; and sweetened waters, respectively. They accounted for 70.14 percent of total exports to Kiribati.

The value of the top five U.S. imports from Kiribati -- live fish; salvage; coral, shell of mollusks; copper waste and scrap; and -- accounted for 100.00 percent of all inbound shipments.

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

  • Yachts and other boats rose compared to last year to $180,150.
  • Low value shipments fell -97.09 percent compared to last year to $166,318.
  • Centrifuges, filters, machines and parts rose compared to last year to $72,859.
  • Parts for cellular communications rose 624.64 percent compared to last year to $27,413.
  • Sweetened waters rose compared to last year to $25,290.

Looking more closely at U.S. imports from Kiribati

  • Live fish rose 40.29 percent compared to last year to $125,458.
  • Salvage fell -73.77 percent compared to last year to $15,141.
  • Coral, shell of mollusks rose compared to last year to $6,926.
  • Copper waste and scrap rose compared to last year to $6,075.
  • fell compared to last year to $0.

In the latest annual figures available, Kiribati recorded $16,251,273 in trade with the United States. At year’s end, its top five Customs districts were New York City, Low Value Shipments, Los Angeles, Honolulu and Seattle. Total U.S. exports to Kiribati were $17,682,684 and imports from Kiribati were $645,508. The U.S. surplus with Kiribati was $17,037,176.


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