Top Exports To LibyaTotal Exports To Libya: $292,567,959
|Rank||Commodity||Total YTD Exports|
|1||Motor vehicles for transporting people||$79,352,670|
|3||Electric generating sets, rotary converters||$26,569,390|
|4||Misc. vegetable fats, oils||$24,704,623|
|5||Soybean oilcake, other solid residue, not ground||$15,544,356|
|6||Poultry, fresh, chilled or frozen||$8,365,130|
|7||Motor vehicle parts||$8,146,175|
|8||Aircraft engines, parts||$7,860,953|
|10||Parts for heavy machinery||$5,019,651|
Total Imports From LibyaTotal Imports From Libya: $756,976,393
|2||Oil, not crude||$336,361,283|
|4||Imports of returned exports||$637,648|
Top Libya Trading PartnersTotal Libya trade: $1,049,544,352
|1||New York City||$240,295,406|
|8||U.S. Virgin Islands||$22,898,458|
|10||Port Arthur, Texas||$10,214,370|
Top US Trading PartnersTotal U.S. trade for all countries: $1,240,094,299,613
|Rank||Commodity||Total YTD Exports|
Libya’s trade rose to $1,049,544,352 through April
Libya’s trade with the United States rose to $1,049,544,352 through the first four months of 2013, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 64.10 percent above its total trade during the same time period last year. Libya’s exports increased 75.91 percent while imports rose 59.96 percent. The U.S. deficit with Libya was $464,408,434.Through April, Libya’s top U.S. Customs districts for total imports and exports were No. 1 New York City, No. 2 Philadelphia, No. 3 New Orleans, No. 4 Houston and No. 5 Honolulu compared to last year when the top spots were held by No. 1 New York City, No. 2 Philadelphia, No. 3 New Orleans, No. 4 Houston and No. 5 San Francisco. In the current time period, the top five accounted for 16.69 percent of Libya’s U.S. trade.. That compares to -28.89 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 Libya,:
- Trade with No. 1 New York City fell -23.52 percent to $240,295,406.
Exports rose 6.81 percent to $58,793,090. Imports fell -29.96 percent to $181,502,316.
- Trade with No. 2 Philadelphia rose 67.00 percent to $238,778,914.
Exports rose 16,827.50 percent to $27,015,613. Imports rose 48.28 percent to $211,763,301.
- Trade with No. 3 New Orleans rose 98.99 percent to $165,440,118.
Exports rose 531.15 percent to $75,632,383. Imports rose 26.21 percent to $89,807,735.
- Trade with No. 4 Houston rose 409.86 percent to $150,073,848.
Exports rose 73.85 percent to $51,172,599. Imports rose to $98,901,249.
- Trade with No. 5 Honolulu rose to $104,814,631.
Exports rose to $0. Imports rose to $104,814,631.
Through April, 18 Customs districts posted trade surpluses with Libya while 9 had deficits. That compares with 20 surpluses and 3 deficits for the same period one year ago. The top surplus was with Atlanta/Savannah at $24,920,530, the largest deficit was with Philadelphia at $-184,747,688.
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 Libya by value through April were motor vehicles for transporting people; rice; electric generating sets, rotary converters; misc. vegetable fats, oils; and soybean oilcake, other solid residue, not ground, respectively. They accounted for 60.14 percent of total exports to Libya.
The value of the top five U.S. imports from Libya -- oil; oil, not crude; nitrogenous fertilizers; imports of returned exports; and salvage -- accounted for 100.00 percent of all inbound shipments.
Looking more closely at U.S. exports to Libya:
- Motor vehicles for transporting people rose 63.11 percent compared to last year to $79,352,670.
- Rice rose 93.43 percent compared to last year to $29,766,611.
- Electric generating sets, rotary converters rose compared to last year to $26,569,390.
- Misc. vegetable fats, oils rose 101.48 percent compared to last year to $24,704,623.
- Soybean oilcake, other solid residue, not ground rose compared to last year to $15,544,356.
Looking more closely at U.S. imports from Libya
- Oil fell -6.43 percent compared to last year to $412,896,092.
- Oil, not crude rose 956.89 percent compared to last year to $336,361,283.
- Nitrogenous fertilizers rose compared to last year to $7,076,366.
- Imports of returned exports rose 353.79 percent compared to last year to $637,648.
- Salvage rose 561.90 percent compared to last year to $5,004.
In the latest annual figures available, Libya recorded $639,560,016 in trade with the United States. At year’s end, its top five Customs districts were New York City, Philadelphia, Honolulu, New Orleans and Houston. Total U.S. exports to Libya were $547,606,315 and imports from Libya were $2,493,042,856. The U.S. deficit with Libya was $-1,945,436,541.