| March 2012 |
Total Exports To Malawi
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Human blood, animal blood, plasma, vaccines | $3,792,600 |
2 | Medicine | $2,019,728 |
3 | Low value shipments | $1,624,440 |
4 | Machinery For Tobacco Preparation Nesoi, Part 8478 | $711,333 |
5 | Machines for preparing textile fibers, yarns | $390,000 |
6 | Computers | $377,109 |
7 | Landline, cellular phone equipment | $253,130 |
8 | Rice | $113,872 |
9 | Compressors and pumps | $113,446 |
10 | Exports of charitable items, returned as imports | $109,538 |
Total Imports From Malawi
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Raw tobacco | $13,230,509 |
2 | Sweaters, pullovers, vest, knit or crocheted | $2,259,419 |
3 | Cane, beet sugar, solid form | $1,610,189 |
4 | Tea | $870,134 |
5 | Almonds, walnuts, pistachios, hazelnuts, etc. | $229,127 |
6 | Coffee | $127,440 |
7 | Imports of returned exports | $83,000 |
8 | Miscellaneous garments | $66,461 |
9 | Quartz, quartzite | $39,000 |
10 | T-shirts, tank tops, knit or crocheted | $21,966 |
| March 2012 |
Top Malawi Trading Partners
| Rank | District | Total YTD |
|---|---|---|
1 | Norfolk | $9,096,173 |
2 | New York City | $8,098,879 |
3 | Wilmington | $3,228,636 |
4 | Washington, D.C. | $2,328,477 |
5 | Low Value Shipments | $1,635,316 |
6 | Baltimore | $1,420,177 |
7 | Houston | $1,215,652 |
8 | Charleston | $483,250 |
9 | Jacksonville/Tampa | $313,732 |
10 | San Juan | $288,684 |
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 |
Malawi’s trade rose to $29,249,986 through March
Malawi’s trade with the United States rose to $29,249,986 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 55.70 percent above its total trade during the same time period last year. Malawi’s exports increased 26.48 percent while imports rose 79.54 percent. The U.S. deficit with Malawi was $7,895,162.
Through March, Malawi’s top U.S. Customs districts for total imports and exports were No. 1 Norfolk, No. 2 New York City, No. 3 Wilmington, No. 4 Washington, D.C. and No. 5 Low Value Shipments compared to last year when the top spots were held by No. 1 New York City, No. 2 Norfolk, No. 3 Wilmington, No. 4 Washington, D.C. and No. 5 Low Value Shipments. In the current time period, the top five accounted for 19.94 percent of Malawi’s U.S. trade.. That compares to -22.97 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 Malawi,:
- Trade with No. 1 Norfolk rose 136.89 percent to $9,096,173.
Exports rose 37.44 percent to $466,855. Imports rose 146.54 percent to $8,629,318. - Trade with No. 2 New York City rose 59.51 percent to $8,098,879.
Exports rose 187.16 percent to $4,830,788. Imports fell -3.74 percent to $3,268,091. - Trade with No. 3 Wilmington rose 74.09 percent to $3,228,636.
Exports fell -100.00 percent to $0. Imports rose 79.44 percent to $3,228,636. - Trade with No. 4 Washington, D.c. rose 28.88 percent to $2,328,477.
Exports rose 28.88 percent to $2,328,477. Imports fell to $0. - Trade with No. 5 Low Value Shipments rose 20.83 percent to $1,635,316.
Exports rose 21.17 percent to $1,624,440. Imports fell -14.72 percent to $10,876.
Through March, 14 Customs districts posted trade surpluses with Malawi while 10 had deficits. That compares with 16 surpluses and 10 deficits for the same period one year ago. The top surplus was with Washington, D.C. at $2,328,477, the largest deficit was with Norfolk at $-8,162,463.
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 Malawi by value through March were human blood, animal blood, plasma, vaccines; medicine; low value shipments; machinery for tobacco preparation nesoi, part 8478; and machines for preparing textile fibers, yarns, respectively. They accounted for 79.96 percent of total exports to Malawi.
The value of the top five U.S. imports from Malawi -- raw tobacco; sweaters, pullovers, vest, knit or crocheted; cane, beet sugar, solid form; tea; and almonds, walnuts, pistachios, hazelnuts, etc. -- accounted for 97.99 percent of all inbound shipments.
Looking more closely at U.S. exports to Malawi:
- Human blood, animal blood, plasma, vaccines rose compared to last year to $3,792,600.
- Medicine rose 54.27 percent compared to last year to $2,019,728.
- Low value shipments rose 21.17 percent compared to last year to $1,624,440.
- Machinery For Tobacco Preparation Nesoi, Part 8478 rose 37.76 percent compared to last year to $711,333.
- Machines for preparing textile fibers, yarns rose compared to last year to $390,000.
Looking more closely at U.S. imports from Malawi
- Raw tobacco rose 147.34 percent compared to last year to $13,230,509.
- Sweaters, pullovers, vest, knit or crocheted fell -15.99 percent compared to last year to $2,259,419.
- Cane, beet sugar, solid form rose 77.10 percent compared to last year to $1,610,189.
- Tea rose 14.07 percent compared to last year to $870,134.
- Almonds, walnuts, pistachios, hazelnuts, etc. rose 50.28 percent compared to last year to $229,127.
In the latest annual figures available, Malawi recorded $18,786,684 in trade with the United States. At year’s end, its top five Customs districts were Norfolk, New York City, Houston, Low Value Shipments and Washington, D.C.. Total U.S. exports to Malawi were $66,040,102 and imports from Malawi were $64,923,258. The U.S. surplus with Malawi was $1,116,844.