March 2012

Total Exports To Libya

RankCommodityTotal YTD Exports
1
Motor vehicles for transporting people
$29,521,214
2
Rice
$15,388,741
3
Misc. vegetable fats, oils
$6,686,249
4
Poultry, fresh, chilled or frozen
$5,686,394
5
Motor vehicle parts
$1,860,771
6
Taps, cocks and valves for pipes, tanks
$1,835,422
7
Polymers of vinyl chloride
$1,775,215
8
Cheese and curd
$1,663,619
9
Almonds, walnuts, pistachios, hazelnuts, etc.
$1,589,280
10
Wood, sawed or chipped, greater than 6 meters thic
$1,588,275

Total Imports From Libya

RankCommodityTotal YTD Imports
1
Oil
$310,348,185
2
Oil, not crude
$31,825,491
3
Imports of returned exports
$59,365
4
Salvage
$756
March 2012

Top Libya Trading Partners

RankDistrictTotal YTD
1
New York City
$216,502,872
2
Philadelphia
$142,933,827
3
Houston
$18,146,010
4
San Francisco
$17,628,881
5
Atlanta/Savannah
$9,726,124
6
New Orleans
$6,662,999
7
Los Angeles
$4,261,913
8
Jacksonville/Tampa
$3,035,997
9
Norfolk
$2,687,499
10
Mobile
$2,490,398

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

Libya’s trade rose to $431,065,028 through March

Libya’s trade with the United States rose to $431,065,028 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s -27.26 percent below its total trade during the same time period last year. Libya’s exports decreased -43.65 percent while imports dropped -21.32 percent. The U.S. deficit with Libya was $253,402,566.

Through March, Libya’s top U.S. Customs districts for total imports and exports were No. 1 New York City, No. 2 Philadelphia, No. 3 Houston, No. 4 San Francisco and No. 5 Atlanta/Savannah compared to last year when the top spots were held by No. 1 Houston, No. 2 New Orleans, No. 3 Port Arthur, Texas, No. 4 San Francisco and No. 5 New York City. In the current time period, the top five accounted for 6.45 percent of Libya’s U.S. trade.. That compares to 46.34 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 rose 606.62 percent to $216,502,872.
    Exports rose 15.69 percent to $18,282,855. Imports rose 1,236.13 percent to $198,220,017.
  • Trade with No. 2 Philadelphia rose 11,964.92 percent to $142,933,827.
    Exports fell -81.35 percent to $116,181. Imports rose 25,323.66 percent to $142,817,646.
  • Trade with No. 3 Houston fell -90.66 percent to $18,146,010.
    Exports fell -61.06 percent to $18,146,010. Imports fell -100.00 percent to $0.
  • Trade with No. 4 San Francisco fell -69.01 percent to $17,628,881.
    Exports fell -69.01 percent to $17,628,881. Imports fell to $0.
  • Trade with No. 5 Atlanta/savannah fell -42.37 percent to $9,726,124.
    Exports rose 124.87 percent to $9,726,124. Imports fell -100.00 percent to $0.

Through March, 20 Customs districts posted trade surpluses with Libya while 2 had deficits. That compares with 22 surpluses and 9 deficits for the same period one year ago. The top surplus was with Houston at $18,146,010, the largest deficit was with New York City at $-179,937,162.

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 Libya by value through March were motor vehicles for transporting people; rice; misc. vegetable fats, oils; poultry, fresh, chilled or frozen; and motor vehicle parts, respectively. They accounted for 66.58 percent of total exports to Libya.

The value of the top five U.S. imports from Libya -- oil; oil, not crude; imports of returned exports; salvage; and -- accounted for 100.00 percent of all inbound shipments.

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

  • Motor vehicles for transporting people rose 31.99 percent compared to last year to $29,521,214.
  • Rice fell -72.41 percent compared to last year to $15,388,741.
  • Misc. vegetable fats, oils rose 221.89 percent compared to last year to $6,686,249.
  • Poultry, fresh, chilled or frozen rose 130,832.40 percent compared to last year to $5,686,394.
  • Motor vehicle parts fell -46.10 percent compared to last year to $1,860,771.

Looking more closely at U.S. imports from Libya

  • Oil rose 11.69 percent compared to last year to $310,348,185.
  • Oil, not crude fell -50.82 percent compared to last year to $31,825,491.
  • Imports of returned exports fell -91.99 percent compared to last year to $59,365.
  • Salvage fell -88.57 percent compared to last year to $756.
  • fell compared to last year to $0.

In the latest annual figures available, Libya recorded $592,601,945 in trade with the United States. At year’s end, its top five Customs districts were Houston, New Orleans, San Francisco, Honolulu and Port Arthur, Texas. Total U.S. exports to Libya were $287,069,136 and imports from Libya were $644,998,713. The U.S. deficit with Libya was $-357,929,577.


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