March 2012

Total Exports To Malta

RankCommodityTotal YTD Exports
1
Oil, not crude
$245,245,254
2
Oils derived from high temperature coal tar
$6,077,511
3
Low value shipments
$5,155,021
4
Plastic monofilaments
$4,175,619
5
Aircraft
$3,882,835
6
Meteorological, hydaulic and survey equipment
$2,997,593
7
Computers
$1,795,233
8
Medical technology
$755,564
9
Chain & Parts, of Iron or Steel 7315
$703,800
10
Medical instruments for surgeons, dentists, vets
$644,231

Total Imports From Malta

RankCommodityTotal YTD Imports
1
Electronic integrated circuits
$32,753,179
2
Medicine
$4,281,161
3
Electrical supplies, apparatus, less than 1000V
$3,058,609
4
Electrical boards, panels and switches
$1,616,016
5
Video recording equipment
$1,422,887
6
Pile fabrics, knitted or crocheted
$1,179,399
7
Imports of returned exports
$1,164,661
8
Misc. articles of unhardened vulcanized rubber
$1,098,953
9
Electrical supplies, apparatus, more than 1000V
$935,045
10
Toys, scale models, puzzles
$745,401
March 2012

Top Malta Trading Partners

RankDistrictTotal YTD
1
New York City
$182,086,351
2
Boston
$67,834,170
3
Los Angeles
$35,962,675
4
New Orleans
$11,151,582
5
Chicago
$7,193,758
6
Houston
$7,082,309
7
Low Value Shipments
$5,600,046
8
Atlanta/Savannah
$3,752,524
9
Cleveland
$2,905,671
10
Detroit
$2,480,613

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

Malta’s trade rose to $337,586,058 through March

Malta’s trade with the United States rose to $337,586,058 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 123.93 percent above its total trade during the same time period last year. Malta’s exports increased 238.36 percent while imports dropped -17.28 percent. The U.S. surplus with Malta was $225,940,922.

Through March, Malta’s top U.S. Customs districts for total imports and exports were No. 1 New York City, No. 2 Boston, No. 3 Los Angeles, No. 4 New Orleans and No. 5 Chicago compared to last year when the top spots were held by No. 1 Houston, No. 2 Los Angeles, No. 3 Chicago, No. 4 Atlanta/Savannah and No. 5 New York City. In the current time period, the top five accounted for 10.96 percent of Malta’s U.S. trade.. That compares to -50.45 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 Malta,:

  • Trade with No. 1 New York City rose 3,816.45 percent to $182,086,351.
    Exports rose 5,539.03 percent to $180,608,031. Imports rose 2.20 percent to $1,478,320.
  • Trade with No. 2 Boston rose 22,751.71 percent to $67,834,170.
    Exports rose 186,059.81 percent to $67,741,693. Imports fell -64.49 percent to $92,477.
  • Trade with No. 3 Los Angeles fell -13.48 percent to $35,962,675.
    Exports rose 106.33 percent to $1,745,731. Imports fell -15.97 percent to $34,216,944.
  • Trade with No. 4 New Orleans rose 357.42 percent to $11,151,582.
    Exports rose 1,379.33 percent to $10,446,826. Imports fell -59.30 percent to $704,756.
  • Trade with No. 5 Chicago fell -29.08 percent to $7,193,758.
    Exports rose 329.01 percent to $2,016,372. Imports fell -46.48 percent to $5,177,386.

Through March, 16 Customs districts posted trade surpluses with Malta while 15 had deficits. That compares with 14 surpluses and 20 deficits for the same period one year ago. The top surplus was with New York City at $179,129,711, the largest deficit was with Los Angeles at $-32,471,213.

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 Malta by value through March were oil, not crude; oils derived from high temperature coal tar; low value shipments; plastic monofilaments; and aircraft, respectively. They accounted for 93.89 percent of total exports to Malta.

The value of the top five U.S. imports from Malta -- electronic integrated circuits; medicine; electrical supplies, apparatus, less than 1000v; electrical boards, panels and switches; and video recording equipment -- accounted for 77.27 percent of all inbound shipments.

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

  • Oil, not crude rose 290.91 percent compared to last year to $245,245,254.
  • Oils derived from high temperature coal tar rose compared to last year to $6,077,511.
  • Low value shipments rose 283.53 percent compared to last year to $5,155,021.
  • Plastic monofilaments rose 47,890.10 percent compared to last year to $4,175,619.
  • Aircraft rose 211.13 percent compared to last year to $3,882,835.

Looking more closely at U.S. imports from Malta

  • Electronic integrated circuits fell -18.45 percent compared to last year to $32,753,179.
  • Medicine fell -48.78 percent compared to last year to $4,281,161.
  • Electrical supplies, apparatus, less than 1000V rose 49.15 percent compared to last year to $3,058,609.
  • Electrical boards, panels and switches fell -29.73 percent compared to last year to $1,616,016.
  • Video recording equipment fell -1.58 percent compared to last year to $1,422,887.

In the latest annual figures available, Malta recorded $150,753,645 in trade with the United States. At year’s end, its top five Customs districts were New Orleans, Houston, Los Angeles, Philadelphia and New York City. Total U.S. exports to Malta were $706,799,500 and imports from Malta were $244,019,785. The U.S. surplus with Malta was $462,779,715.


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