| March 2013 |
Top Exports To Madagascar
Total Exports To Madagascar: $15,246,330| Rank | Commodity | Total YTD Exports |
|---|---|---|
| 1 | Taps, cocks and valves for pipes, tanks | $2,771,932 |
| 2 | Pumps for dispensing liquids | $1,879,193 |
| 3 | Aircraft | $1,001,212 |
| 4 | Ship's derricks, cranes, mobile lifting frames | $987,701 |
| 5 | Petroleum products | $840,000 |
| 6 | Machinery for sorting minerals, ores | $619,418 |
| 7 | Motor vehicles for transporting people | $516,049 |
| 8 | Electric water, space, soil heaters | $498,474 |
| 9 | Anti-knock additives | $423,600 |
| 10 | Transmission shafts, bearings, gears | $407,456 |
Total Imports From Madagascar
Total Imports From Madagascar: $44,432,423| Rank | Commodity | Total YTD |
|---|---|---|
| 1 | Nickle, Unwrought 7502 | $18,584,575 |
| 2 | Vanilla Beans 0905 | $7,747,572 |
| 3 | Cobalt articles, including scrap | $3,375,105 |
| 4 | Cloves (Whole Fruit, Cloves and Stems) 0907 | $1,868,874 |
| 5 | T-shirts, tank tops, knit or crocheted | $1,461,184 |
| 6 | Babies' garments, accessories, knit or crocheted | $1,288,591 |
| 7 | Cocoa Beans | $1,217,411 |
| 8 | Men's or boys' shirts, knitted or crocheted | $1,086,173 |
| 9 | Essential oil resins | $862,118 |
| 10 | Women's or girls' suits, not knit | $755,066 |
| March 2013 |
Top Madagascar Trading Partners
Total Madagascar trade: $59,678,753| Rank | District | Total YTD |
|---|---|---|
| 1 | Baltimore | $24,419,509 |
| 2 | New York City | $13,513,517 |
| 3 | Los Angeles | $2,815,084 |
| 4 | New Orleans | $2,730,415 |
| 5 | Charleston | $2,325,804 |
| 6 | Houston | $2,244,203 |
| 7 | Ogdensburg, N.Y. | $1,566,983 |
| 8 | Cleveland | $1,504,182 |
| 9 | Seattle | $1,381,628 |
| 10 | Chicago | $1,317,054 |
Top US Trading Partners
Total U.S. trade for all countries: $919,560,909,009| Rank | Commodity | Total YTD Exports |
|---|---|---|
| 1 | CANADA | $154,229,781,187 |
| 2 | CHINA | $125,331,233,626 |
| 3 | MEXICO | $120,297,325,224 |
| 4 | JAPAN | $50,070,697,561 |
| 5 | GERMANY | $37,936,556,982 |
| 6 | SOUTH KOREA | $25,435,797,164 |
| 7 | UNITED KINGDOM | $24,776,181,741 |
| 8 | FRANCE | $17,448,501,187 |
| 9 | BRAZIL | $16,436,596,270 |
| 10 | SAUDI ARABIA | $15,342,397,281 |
Madagascar’s trade rose to $59,678,753 through March
Madagascar’s trade with the United States rose to $59,678,753 through the first three months of 2013, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 41.60 percent above its total trade during the same time period last year. Madagascar’s exports increased 3.92 percent while imports rose 61.72 percent. The U.S. deficit with Madagascar was $0.
Through March, Madagascar’s top U.S. Customs districts for total imports and exports were No. 1 Baltimore, No. 2 New York City, No. 3 Los Angeles, No. 4 New Orleans and No. 5 Charleston compared to last year when the top spots were held by No. 1 New York City, No. 2 Houston, No. 3 Baltimore, No. 4 San Francisco and No. 5 Los Angeles. In the current time period, the top five accounted for 30.29 percent of Madagascar’s U.S. trade.. That compares to -7.99 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 Madagascar,:
- Trade with No. 1 Baltimore rose 457.84 percent to $24,419,509.
Exports rose 216.76 percent to $1,330,733. Imports rose 483.43 percent to $23,088,776. - Trade with No. 2 New York City fell -13.70 percent to $13,513,517.
Exports fell -29.82 percent to $3,252,805. Imports fell -6.92 percent to $10,260,712. - Trade with No. 3 Los Angeles rose 25.78 percent to $2,815,084.
Exports rose 116.45 percent to $1,262,739. Imports fell -6.18 percent to $1,552,345. - Trade with No. 4 New Orleans rose 667.86 percent to $2,730,415.
Exports rose 2,416.90 percent to $945,699. Imports rose 461.21 percent to $1,784,716. - Trade with No. 5 Charleston rose 73.80 percent to $2,325,804.
Exports rose 24.20 percent to $820,127. Imports rose 122.11 percent to $1,505,677.
Through March, 10 Customs districts posted trade surpluses with Madagascar while 23 had deficits. That compares with 12 surpluses and 21 deficits for the same period one year ago. The top surplus was with Houston at $2,243,479, the largest deficit was with Baltimore at $-21,758,043.
Meanwhile, total U.S. trade with the world decreased to $919,560,909,009, down -1.59 percent compared to the same period last year. The nation’s exports climbed 0.19 percent to $1,773,047,307; imports dropped -1.78 percent to $-16,591,316,281. The nation’s top five countries so far this year, by value, are Canada, China, Mexico, Japan and Germany. The overall trade deficit climbed $-152,899,878,555, down compared to the same period of last year when the deficit was $-171,264,242,143.
The top five U.S. exports to Madagascar by value through March were taps, cocks and valves for pipes, tanks; pumps for dispensing liquids; aircraft; ship's derricks, cranes, mobile lifting frames; and petroleum products, respectively. They accounted for 49.06 percent of total exports to Madagascar.
The value of the top five U.S. imports from Madagascar -- nickle, unwrought 7502; vanilla beans 0905; cobalt articles, including scrap; cloves (whole fruit, cloves and stems) 0907; and t-shirts, tank tops, knit or crocheted -- accounted for 74.35 percent of all inbound shipments.
Looking more closely at U.S. exports to Madagascar:
- Taps, cocks and valves for pipes, tanks fell -29.04 percent compared to last year to $2,771,932.
- Pumps for dispensing liquids fell -42.17 percent compared to last year to $1,879,193.
- Aircraft rose 0.16 percent compared to last year to $1,001,212.
- Ship's derricks, cranes, mobile lifting frames rose 168.22 percent compared to last year to $987,701.
- Petroleum products rose compared to last year to $840,000.
Looking more closely at U.S. imports from Madagascar
- fell compared to last year to $0.
- fell compared to last year to $0.
- fell compared to last year to $0.
- fell compared to last year to $0.
- fell compared to last year to $0.
In the latest annual figures available, Madagascar recorded $42,146,311 in trade with the United States. At year’s end, its top five Customs districts were New York City, Houston, Baltimore, San Francisco and Los Angeles. Total U.S. exports to Madagascar were $64,307,883 and imports from Madagascar were $109,716,943. The U.S. deficit with Madagascar was $-45,409,060.