Top Exports To MalawiTotal Exports To Malawi: $8,792,959
|Rank||Commodity||Total YTD Exports|
|2||Low value shipments||$883,849|
|3||Machinery For Tobacco Preparation Nesoi, Part 8478||$756,376|
|6||Exports of charitable items, returned as imports||$554,010|
|7||Motor vehicles for transporting more than 10 peopl||$260,615|
|8||Machinery for heating and sterilizing||$204,815|
|9||Copper to be refined for electronic use||$158,180|
|10||Misc. plastic articles||$145,373|
Total Imports From MalawiTotal Imports From Malawi: $19,270,735
|2||Cane, beet sugar, solid form||$2,040,594|
|4||Sweaters, pullovers, vest, knit or crocheted||$1,723,348|
|5||Almonds, walnuts, pistachios, hazelnuts, etc.||$542,879|
|7||Women's or girls' blouses & shirts, knit or croche||$407,179|
|10||Travel goods, including handbags, wallets, jewelry||$10,150|
Top Malawi Trading PartnersTotal Malawi trade: $28,063,694
|2||New York City||$4,625,543|
|7||Low Value Shipments||$897,273|
Top US Trading PartnersTotal U.S. trade for all countries: $1,240,094,299,613
|Rank||Commodity||Total YTD Exports|
Malawi’s trade rose to $28,063,694 through April
Malawi’s trade with the United States rose to $28,063,694 through the first four months of 2013, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s -21.95 percent below its total trade during the same time period last year. Malawi’s exports decreased -27.80 percent while imports dropped -18.95 percent. The U.S. deficit with Malawi was $10,477,776.Through April, Malawi’s top U.S. Customs districts for total imports and exports were No. 1 Norfolk, No. 2 New York City, No. 3 Washington, D.C., No. 4 Wilmington and No. 5 Los Angeles compared to last year when the top spots were held by No. 1 Norfolk, No. 2 New York City, No. 3 Wilmington, No. 4 Washington, D.C. and No. 5 Low Value Shipments. In the current time period, the top five accounted for 19.68 percent of Malawi’s U.S. trade.. That compares to 53.33 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 fell -18.73 percent to $10,357,539.
Exports fell -3.04 percent to $455,428. Imports fell -19.33 percent to $9,902,111.
- Trade with No. 2 New York City fell -46.63 percent to $4,625,543.
Exports fell -77.24 percent to $1,173,565. Imports fell -1.68 percent to $3,451,978.
- Trade with No. 3 Washington, D.c. rose 55.11 percent to $3,869,444.
Exports rose 55.11 percent to $3,869,444. Imports fell to $0.
- Trade with No. 4 Wilmington fell -1.80 percent to $3,347,207.
Exports fell -100.00 percent to $0. Imports fell -0.33 percent to $3,347,207.
- Trade with No. 5 Los Angeles rose 198.45 percent to $1,249,413.
Exports fell -42.01 percent to $56,380. Imports rose 271.18 percent to $1,193,033.
Through April, 12 Customs districts posted trade surpluses with Malawi while 14 had deficits. That compares with 15 surpluses and 11 deficits for the same period one year ago. The top surplus was with Washington, D.C. at $3,869,444, the largest deficit was with Norfolk at $-9,446,683.
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 Malawi by value through April were medicine; low value shipments; machinery for tobacco preparation nesoi, part 8478; tractors; and computers, respectively. They accounted for 65.66 percent of total exports to Malawi.
The value of the top five U.S. imports from Malawi -- raw tobacco; cane, beet sugar, solid form; tea; sweaters, pullovers, vest, knit or crocheted; and almonds, walnuts, pistachios, hazelnuts, etc. -- accounted for 94.91 percent of all inbound shipments.
Looking more closely at U.S. exports to Malawi:
- Medicine rose 32.30 percent compared to last year to $2,826,079.
- Low value shipments fell -52.21 percent compared to last year to $883,849.
- Machinery For Tobacco Preparation Nesoi, Part 8478 fell -13.46 percent compared to last year to $756,376.
- Tractors rose 98.90 percent compared to last year to $671,240.
- Computers rose 29.76 percent compared to last year to $635,921.
Looking more closely at U.S. imports from Malawi
- Raw tobacco fell -29.79 percent compared to last year to $11,956,066.
- Cane, beet sugar, solid form rose 19.27 percent compared to last year to $2,040,594.
- Tea rose 36.46 percent compared to last year to $2,026,391.
- Sweaters, pullovers, vest, knit or crocheted fell -30.59 percent compared to last year to $1,723,348.
- Almonds, walnuts, pistachios, hazelnuts, etc. fell -14.90 percent compared to last year to $542,879.
In the latest annual figures available, Malawi recorded $35,954,617 in trade with the United States. At year’s end, its top five Customs districts were Norfolk, New York City, Houston, Washington, D.C. and Low Value Shipments. Total U.S. exports to Malawi were $63,941,208 and imports from Malawi were $65,934,736. The U.S. deficit with Malawi was $-1,993,528.