| March 2012 |
Total Exports To Morocco
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Oil, not crude | $228,182,258 |
2 | Aircraft | $121,507,031 |
3 | Coal, briquettes | $71,324,282 |
4 | Soybean oil | $59,881,405 |
5 | Soybean oilcake, other solid residue, not ground | $34,060,523 |
6 | Sulfur | $29,908,800 |
7 | Sugar and starch residues | $16,455,332 |
8 | Aircraft parts | $14,864,116 |
9 | Cotton, not carded or combed | $14,084,113 |
10 | Petroleum products | $11,610,211 |
Total Imports From Morocco
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Natural calcium and phosphate | $68,707,317 |
2 | Misc. mineral substances | $19,287,876 |
3 | Imports of returned exports | $18,967,877 |
4 | Electronic integrated circuits | $15,629,301 |
5 | Citrus fruit | $14,408,331 |
6 | Misc. mineral or chemical fertilizers | $12,884,078 |
7 | Women's or girls' suits, not knit | $11,598,822 |
8 | Misc. vegetables, not frozen | $10,729,595 |
9 | Caviar, caviar substitutes, other prepared fish | $9,931,813 |
10 | Insulated wire, cable | $7,182,747 |
| March 2012 |
Top Morocco Trading Partners
| Rank | District | Total YTD |
|---|---|---|
1 | New Orleans | $323,706,933 |
2 | Houston | $132,739,967 |
3 | Seattle | $115,320,733 |
4 | New York City | $79,031,974 |
5 | Port Arthur, Texas | $60,322,112 |
6 | Atlanta/Savannah | $56,276,933 |
7 | Norfolk | $41,007,903 |
8 | Los Angeles | $36,857,088 |
9 | Mobile | $21,169,168 |
10 | Norfolk/Mobile/Charleston | $20,433,171 |
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 |
Morocco’s trade rose to $1,015,808,944 through March
Morocco’s trade with the United States rose to $1,015,808,944 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 4.84 percent above its total trade during the same time period last year. Morocco’s exports increased 13.23 percent while imports dropped -14.60 percent. The U.S. surplus with Morocco was $516,804,668.
Through March, Morocco’s top U.S. Customs districts for total imports and exports were No. 1 New Orleans, No. 2 Houston, No. 3 Seattle, No. 4 New York City and No. 5 Port Arthur, Texas compared to last year when the top spots were held by No. 1 New Orleans, No. 2 Norfolk, No. 3 Houston, No. 4 New York City and No. 5 Los Angeles. In the current time period, the top five accounted for 42.85 percent of Morocco’s U.S. trade.. That compares to 36.26 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 Morocco,:
- Trade with No. 1 New Orleans fell -8.09 percent to $323,706,933.
Exports rose 13.84 percent to $240,412,067. Imports fell -40.93 percent to $83,294,866. - Trade with No. 2 Houston rose 39.10 percent to $132,739,967.
Exports rose 49.34 percent to $126,051,583. Imports fell -39.34 percent to $6,688,384. - Trade with No. 3 Seattle rose 1,278.31 percent to $115,320,733.
Exports rose 3,262.56 percent to $108,168,672. Imports rose 38.88 percent to $7,152,061. - Trade with No. 4 New York City fell -16.76 percent to $79,031,974.
Exports fell -14.24 percent to $40,914,492. Imports fell -19.30 percent to $38,117,482. - Trade with No. 5 Port Arthur, Texas rose 162.14 percent to $60,322,112.
Exports rose 162.14 percent to $60,322,112. Imports fell to $0.
Through March, 21 Customs districts posted trade surpluses with Morocco while 18 had deficits. That compares with 22 surpluses and 15 deficits for the same period one year ago. The top surplus was with New Orleans at $157,117,201, the largest deficit was with Los Angeles at $-20,617,140.
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 Morocco by value through March were oil, not crude; aircraft; coal, briquettes; soybean oil; and soybean oilcake, other solid residue, not ground, respectively. They accounted for 67.20 percent of total exports to Morocco.
The value of the top five U.S. imports from Morocco -- natural calcium and phosphate; misc. mineral substances; imports of returned exports; electronic integrated circuits; and citrus fruit -- accounted for 54.91 percent of all inbound shipments.
Looking more closely at U.S. exports to Morocco:
- Oil, not crude rose 837.15 percent compared to last year to $228,182,258.
- Aircraft rose 372.35 percent compared to last year to $121,507,031.
- Coal, briquettes rose 11.32 percent compared to last year to $71,324,282.
- Soybean oil fell -52.66 percent compared to last year to $59,881,405.
- Soybean oilcake, other solid residue, not ground fell -41.14 percent compared to last year to $34,060,523.
Looking more closely at U.S. imports from Morocco
- Natural calcium and phosphate rose 39.08 percent compared to last year to $68,707,317.
- Misc. mineral substances rose 104.24 percent compared to last year to $19,287,876.
- Imports of returned exports rose 5,208.02 percent compared to last year to $18,967,877.
- Electronic integrated circuits rose 0.82 percent compared to last year to $15,629,301.
- Citrus fruit rose 2.19 percent compared to last year to $14,408,331.
In the latest annual figures available, Morocco recorded $968,941,552 in trade with the United States. At year’s end, its top five Customs districts were New Orleans, Houston, New York City, Norfolk and Seattle. Total U.S. exports to Morocco were $2,862,627,027 and imports from Morocco were $994,973,354. The U.S. surplus with Morocco was $1,867,653,673.