| March 2012 |
Total Exports To Liberia
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Parts for heavy machinery | $9,675,812 |
2 | Motor vehicles for transporting people | $6,872,111 |
3 | Worn clothing, other worn textile articles | $3,161,051 |
4 | Meteorological, hydaulic and survey equipment | $2,777,102 |
5 | Rice | $2,630,400 |
6 | Low value shipments | $2,008,467 |
7 | Misc. iron and steel articles | $1,804,892 |
8 | Wheat, meslin | $1,729,750 |
9 | Medical instrument parts | $1,643,395 |
10 | Self-propelled heavy construction machinery | $1,125,991 |
Total Imports From Liberia
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Rubber | $40,583,010 |
2 | Textile material bags for packing goods | $77,213 |
3 | Palm oil | $63,001 |
4 | Gold | $20,974 |
5 | Motor vehicle parts | $20,434 |
6 | Orthopedic appliances, artificial body parts | $16,776 |
7 | Wood, sawed or chipped, greater than 6 meters thic | $16,292 |
8 | Air conditioning machines | $13,520 |
9 | Misc. wood articles | $9,324 |
10 | Salvage | $5,186 |
| March 2012 |
Top Liberia Trading Partners
| Rank | District | Total YTD |
|---|---|---|
1 | Norfolk | $37,549,594 |
2 | New Orleans | $16,042,364 |
3 | New York City | $10,892,640 |
4 | Baltimore | $7,164,050 |
5 | Houston | $6,560,856 |
6 | Atlanta/Savannah | $6,217,352 |
7 | Low Value Shipments | $2,013,653 |
8 | Jacksonville/Tampa | $989,716 |
9 | Miami | $454,805 |
10 | San Francisco | $400,186 |
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 |
Liberia’s trade rose to $90,041,196 through March
Liberia’s trade with the United States rose to $90,041,196 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 45.40 percent above its total trade during the same time period last year. Liberia’s exports increased 32.69 percent while imports rose 64.38 percent. The U.S. surplus with Liberia was $8,365,544.
Through March, Liberia’s top U.S. Customs districts for total imports and exports were No. 1 Norfolk, No. 2 New Orleans, No. 3 New York City, No. 4 Baltimore and No. 5 Houston compared to last year when the top spots were held by No. 1 Norfolk, No. 2 Atlanta/Savannah, No. 3 New Orleans, No. 4 New York City and No. 5 Baltimore. In the current time period, the top five accounted for 15.13 percent of Liberia’s U.S. trade.. That compares to -20.82 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 Liberia,:
- Trade with No. 1 Norfolk rose 109.75 percent to $37,549,594.
Exports rose 41.78 percent to $2,450,045. Imports rose 117.01 percent to $35,099,549. - Trade with No. 2 New Orleans rose 77.69 percent to $16,042,364.
Exports rose 83.90 percent to $15,881,183. Imports fell -58.97 percent to $161,181. - Trade with No. 3 New York City rose 35.65 percent to $10,892,640.
Exports rose 35.76 percent to $10,735,650. Imports rose 28.51 percent to $156,990. - Trade with No. 4 Baltimore rose 2.49 percent to $7,164,050.
Exports rose 82.48 percent to $3,836,569. Imports fell -31.92 percent to $3,327,481. - Trade with No. 5 Houston rose 30.78 percent to $6,560,856.
Exports rose 32.38 percent to $6,558,056. Imports fell -95.55 percent to $2,800.
Through March, 18 Customs districts posted trade surpluses with Liberia while 2 had deficits. That compares with 22 surpluses and 3 deficits for the same period one year ago. The top surplus was with New Orleans at $15,720,002, the largest deficit was with Norfolk at $-32,649,504.
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 Liberia by value through March were parts for heavy machinery; motor vehicles for transporting people; worn clothing, other worn textile articles; meteorological, hydaulic and survey equipment; and rice, respectively. They accounted for 51.05 percent of total exports to Liberia.
The value of the top five U.S. imports from Liberia -- rubber; textile material bags for packing goods; palm oil; gold; and motor vehicle parts -- accounted for 99.82 percent of all inbound shipments.
Looking more closely at U.S. exports to Liberia:
- Parts for heavy machinery rose 6,705.85 percent compared to last year to $9,675,812.
- Motor vehicles for transporting people rose 50.23 percent compared to last year to $6,872,111.
- Worn clothing, other worn textile articles rose 36.04 percent compared to last year to $3,161,051.
- Meteorological, hydaulic and survey equipment rose 229.15 percent compared to last year to $2,777,102.
- Rice fell -64.66 percent compared to last year to $2,630,400.
Looking more closely at U.S. imports from Liberia
- Rubber rose 65.49 percent compared to last year to $40,583,010.
- Textile material bags for packing goods rose compared to last year to $77,213.
- Palm oil rose 77.52 percent compared to last year to $63,001.
- Gold rose compared to last year to $20,974.
- Motor vehicle parts rose compared to last year to $20,434.
In the latest annual figures available, Liberia recorded $61,924,558 in trade with the United States. At year’s end, its top five Customs districts were Norfolk, New Orleans, New York City, Baltimore and Atlanta/Savannah. Total U.S. exports to Liberia were $194,798,604 and imports from Liberia were $158,180,247. The U.S. surplus with Liberia was $36,618,357.