| March 2012 |
Total Exports To Madagascar
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Taps, cocks and valves for pipes, tanks | $3,906,512 |
2 | Pumps for dispensing liquids | $3,249,528 |
3 | Aircraft | $999,584 |
4 | Motor vehicles for transporting people | $601,946 |
5 | Misc. medical chemical re-agents | $601,013 |
6 | Floating or submersible docks, platforms | $537,303 |
7 | Transmission shafts, bearings, gears | $462,199 |
8 | Ship's derricks, cranes, mobile lifting frames | $368,242 |
9 | Artificial filament tow | $300,349 |
10 | Centrifuges, filters, machines and parts | $253,837 |
Total Imports From Madagascar
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Vanilla Beans 0905 | $8,453,906 |
2 | Cloves (Whole Fruit, Cloves and Stems) 0907 | $4,474,284 |
3 | Precious stones | $1,862,751 |
4 | Babies' garments, accessories, knit or crocheted | $1,705,422 |
5 | Men's or boys' shirts, knitted or crocheted | $1,530,105 |
6 | T-shirts, tank tops, knit or crocheted | $1,126,014 |
7 | Men's or boys' suits, knit or crocheted | $934,490 |
8 | Sweaters, pullovers, vest, knit or crocheted | $865,283 |
9 | Women's or girls' suits, knit or crocheted | $760,353 |
10 | Women's or girls' suits, not knit | $625,850 |
| March 2012 |
Top Madagascar Trading Partners
| Rank | District | Total YTD |
|---|---|---|
1 | New York City | $15,658,005 |
2 | Houston | $4,684,887 |
3 | Baltimore | $4,377,539 |
4 | San Francisco | $4,021,053 |
5 | Los Angeles | $2,238,069 |
6 | Charleston | $1,338,229 |
7 | Seattle | $1,244,003 |
8 | Ogdensburg, N.Y. | $1,208,944 |
9 | St. Louis | $1,066,464 |
10 | Cleveland | $1,007,952 |
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 |
Madagascar’s trade rose to $42,146,311 through March
Madagascar’s trade with the United States rose to $42,146,311 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 31.20 percent above its total trade during the same time period last year. Madagascar’s exports increased 12.01 percent while imports rose 44.40 percent. The U.S. deficit with Madagascar was $12,804,117.
Through March, Madagascar’s top U.S. Customs districts for total imports and exports were No. 1 New York City, No. 2 Houston, No. 3 Baltimore, No. 4 San Francisco and No. 5 Los Angeles compared to last year when the top spots were held by No. 1 New York City, No. 2 Charleston, No. 3 Chicago, No. 4 Los Angeles and No. 5 San Francisco. In the current time period, the top five accounted for 36.05 percent of Madagascar’s U.S. trade.. That compares to 3.70 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 New York City rose 10.90 percent to $15,658,005.
Exports rose 58.82 percent to $4,634,730. Imports fell -1.58 percent to $11,023,275. - Trade with No. 2 Houston rose 1,026.60 percent to $4,684,887.
Exports rose 953.22 percent to $4,375,124. Imports rose 70,783.98 percent to $309,763. - Trade with No. 3 Baltimore rose 4,911.49 percent to $4,377,539.
Exports rose to $420,106. Imports rose 4,430.55 percent to $3,957,433. - Trade with No. 4 San Francisco rose 175.55 percent to $4,021,053.
Exports rose to $119,678. Imports rose 167.35 percent to $3,901,375. - Trade with No. 5 Los Angeles rose 41.88 percent to $2,238,069.
Exports rose 705.21 percent to $583,386. Imports rose 9.95 percent to $1,654,683.
Through March, 12 Customs districts posted trade surpluses with Madagascar while 21 had deficits. That compares with 13 surpluses and 19 deficits for the same period one year ago. The top surplus was with Houston at $4,065,361, the largest deficit was with New York City at $-6,388,545.
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 Madagascar by value through March were taps, cocks and valves for pipes, tanks; pumps for dispensing liquids; aircraft; motor vehicles for transporting people; and misc. medical chemical re-agents, respectively. They accounted for 63.79 percent of total exports to Madagascar.
The value of the top five U.S. imports from Madagascar -- vanilla beans 0905; cloves (whole fruit, cloves and stems) 0907; precious stones; babies' garments, accessories, knit or crocheted; and men's or boys' shirts, knitted or crocheted -- accounted for 65.61 percent of all inbound shipments.
Looking more closely at U.S. exports to Madagascar:
- Taps, cocks and valves for pipes, tanks rose 15.47 percent compared to last year to $3,906,512.
- Pumps for dispensing liquids rose 345.09 percent compared to last year to $3,249,528.
- Aircraft rose 9.63 percent compared to last year to $999,584.
- Motor vehicles for transporting people fell -9.97 percent compared to last year to $601,946.
- Misc. medical chemical re-agents rose 6,254.55 percent compared to last year to $601,013.
Looking more closely at U.S. imports from Madagascar
- Vanilla Beans 0905 rose 27.44 percent compared to last year to $8,453,906.
- Cloves (Whole Fruit, Cloves and Stems) 0907 rose 693.84 percent compared to last year to $4,474,284.
- Precious stones rose 84.92 percent compared to last year to $1,862,751.
- Babies' garments, accessories, knit or crocheted rose 296.84 percent compared to last year to $1,705,422.
- Men's or boys' shirts, knitted or crocheted rose 5.08 percent compared to last year to $1,530,105.
In the latest annual figures available, Madagascar recorded $32,124,783 in trade with the United States. At year’s end, its top five Customs districts were New York City, San Francisco, Charleston, Norfolk and Houston. Total U.S. exports to Madagascar were $56,079,258 and imports from Madagascar were $87,120,787. The U.S. deficit with Madagascar was $-31,041,529.