| March 2012 |
Total Exports To Marshall Islands
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Parts for heavy machinery | $2,505,562 |
2 | Low value shipments | $1,169,152 |
3 | Containers for transportation | $762,093 |
4 | Poultry, fresh, chilled or frozen | $669,212 |
5 | Medical equipment for physicals | $479,743 |
6 | Cigars, cigarettes | $471,700 |
7 | Prepared or preserved meat | $250,767 |
8 | Sweetened waters | $244,383 |
9 | Prepared foods, beverages | $237,296 |
10 | Rice | $231,797 |
Total Imports From Marshall Islands
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Fish fillets, chilled or frozen | $1,650,528 |
2 | Fish, fresh or chilled | $400,902 |
3 | Caviar, caviar substitutes, other prepared fish | $253,064 |
4 | Live fish | $64,126 |
5 | Salvage | $47,068 |
6 | Coral, shell of mollusks | $43,957 |
| March 2012 |
Top Marshall Islands Trading Partners
| Rank | District | Total YTD |
|---|---|---|
1 | New Orleans | $3,570,937 |
2 | San Francisco | $3,168,134 |
3 | Los Angeles | $2,374,856 |
4 | Honolulu | $1,432,453 |
5 | Low Value Shipments | $1,216,220 |
6 | Seattle | $679,286 |
7 | Atlanta/Savannah | $255,834 |
8 | Houston | $244,916 |
9 | Portland/Columbia-Snake River | $149,625 |
10 | New York City | $93,703 |
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 |
Marshall Islands’s trade rose to $13,364,581 through March
Marshall Islands’s trade with the United States rose to $13,364,581 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s -79.84 percent below its total trade during the same time period last year. Marshall Islands’s exports decreased -83.08 percent while imports rose 33.38 percent. The U.S. surplus with Marshall Islands was $8,445,291.
Through March, Marshall Islands’s top U.S. Customs districts for total imports and exports were No. 1 New Orleans, No. 2 San Francisco, No. 3 Los Angeles, No. 4 Honolulu and No. 5 Low Value Shipments compared to last year when the top spots were held by No. 1 Houston, No. 2 New Orleans, No. 3 Los Angeles, No. 4 Low Value Shipments and No. 5 San Francisco. In the current time period, the top five accounted for 13.62 percent of Marshall Islands’s U.S. trade.. That compares to 463.52 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 Marshall Islands,:
- Trade with No. 1 New Orleans fell -73.66 percent to $3,570,937.
Exports fell -73.66 percent to $3,570,937. Imports fell to $0. - Trade with No. 2 San Francisco rose 22.59 percent to $3,168,134.
Exports rose 22.93 percent to $3,168,134. Imports fell -100.00 percent to $0. - Trade with No. 3 Los Angeles fell -49.38 percent to $2,374,856.
Exports fell -72.74 percent to $1,224,707. Imports rose 479.56 percent to $1,150,149. - Trade with No. 4 Honolulu rose 68.92 percent to $1,432,453.
Exports rose 55.54 percent to $721,650. Imports rose 85.09 percent to $710,803. - Trade with No. 5 Low Value Shipments fell -62.87 percent to $1,216,220.
Exports fell -63.02 percent to $1,169,152. Imports fell -58.50 percent to $47,068.
Through March, 15 Customs districts posted trade surpluses with Marshall Islands while 3 had deficits. That compares with 11 surpluses and 6 deficits for the same period one year ago. The top surplus was with New Orleans at $3,570,937, the largest deficit was with Atlanta/Savannah at $-250,294.
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 Marshall Islands by value through March were parts for heavy machinery; low value shipments; containers for transportation; poultry, fresh, chilled or frozen; and medical equipment for physicals, respectively. They accounted for 51.22 percent of total exports to Marshall Islands.
The value of the top five U.S. imports from Marshall Islands -- fish fillets, chilled or frozen; fish, fresh or chilled; caviar, caviar substitutes, other prepared fish; live fish; and salvage -- accounted for 98.21 percent of all inbound shipments.
Looking more closely at U.S. exports to Marshall Islands:
- Parts for heavy machinery fell -70.32 percent compared to last year to $2,505,562.
- Low value shipments fell -63.02 percent compared to last year to $1,169,152.
- Containers for transportation rose 7,520.93 percent compared to last year to $762,093.
- Poultry, fresh, chilled or frozen rose 55.55 percent compared to last year to $669,212.
- Medical equipment for physicals rose 15.28 percent compared to last year to $479,743.
Looking more closely at U.S. imports from Marshall Islands
- Fish fillets, chilled or frozen rose 92.99 percent compared to last year to $1,650,528.
- Fish, fresh or chilled rose 80.60 percent compared to last year to $400,902.
- Caviar, caviar substitutes, other prepared fish fell -27.25 percent compared to last year to $253,064.
- Live fish fell -20.74 percent compared to last year to $64,126.
- Salvage fell -58.50 percent compared to last year to $47,068.
In the latest annual figures available, Marshall Islands recorded $66,284,221 in trade with the United States. At year’s end, its top five Customs districts were Houston, New Orleans, Los Angeles, San Francisco and Low Value Shipments. Total U.S. exports to Marshall Islands were $143,419,351 and imports from Marshall Islands were $14,938,789. The U.S. surplus with Marshall Islands was $128,480,562.