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April 2013

Top Exports To Nepal

Total Exports To Nepal: $10,633,089
RankCommodityTotal YTD Exports
1Low value shipments $915,645
2Medical instruments for surgeons, dentists, vets $840,290
3Artificial filament tow $731,458
4Perfumes $639,203
5Electric storage batteries $575,563
6Parts for heavy machinery $561,518
7Aircraft $546,479
8Computers $546,408
9Make-up and skin-care products $442,215
10Live fowl, including chickens, ducks, turkeys $379,500

Total Imports From Nepal

Total Imports From Nepal: $23,759,892
RankCommodityTotal YTD
1Carpets, othert textile floor coverings, knotted $8,373,905
2Antiques $2,783,257
3Carpets & Oth Text Floor Cover, Woven, No Tuf 5702 $1,558,518
4Men's or boys' suits, not knit $1,144,770
5Travel goods, including handbags, wallets, jewelry $999,350
6Glass Beads Etc & Articles Nesoi, Lw Glass Or 7018 $899,308
7Shawls, Scarves, Mufflers, Mantillas, Veils E 6214 $662,399
8Preparations for animal feeding $594,565
9Men's or boys' shirts, not knitted or crocheted $539,234
10Salvage $460,319
April 2013

Top Nepal Trading Partners

Total Nepal trade: $34,392,981
RankDistrictTotal YTD
1New York City $11,571,336
2Los Angeles $4,414,866
3Cleveland $2,406,360
4Seattle $2,063,285
5Norfolk $1,982,814
6New Orleans $1,759,736
7San Francisco $1,599,874
8Atlanta/Savannah $1,580,957
9Low Value Shipments $1,375,964
10Chicago $1,228,127

Top US Trading Partners

Total U.S. trade for all countries: $1,240,094,299,613
Rank Commodity Total YTD Exports
1 CANADA $208,978,587,734
2 CHINA $167,425,009,162
3 MEXICO $164,532,690,124
4 JAPAN $67,112,714,884
5 GERMANY $51,552,541,119
6 SOUTH KOREA $34,229,534,716
7 UNITED KINGDOM $32,584,296,233
8 FRANCE $24,202,553,636
9 BRAZIL $21,977,714,927
10 SAUDI ARABIA $20,869,108,860

Nepal’s trade rose to $34,392,981 through April

Nepal’s trade with the United States rose to $34,392,981 through the first four months of 2013, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s -31.48 percent below its total trade during the same time period last year. Nepal’s exports decreased -43.86 percent while imports dropped -23.98 percent. The U.S. deficit with Nepal was $13,126,803.

Through April, Nepal’s top U.S. Customs districts for total imports and exports were No. 1 New York City, No. 2 Los Angeles, No. 3 Cleveland, No. 4 Seattle and No. 5 Norfolk compared to last year when the top spots were held by No. 1 New York City, No. 2 Los Angeles, No. 3 Low Value Shipments, No. 4 New Orleans and No. 5 Cleveland. In the current time period, the top five accounted for 53.28 percent of Nepal’s U.S. trade.. That compares to 123.71 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 Nepal,:

  • Trade with No. 1 New York City fell -36.39 percent to $11,571,336.
    Exports fell -19.59 percent to $1,139,471. Imports fell -37.81 percent to $10,431,865.
  • Trade with No. 2 Los Angeles fell -68.01 percent to $4,414,866.
    Exports fell -78.38 percent to $2,254,571. Imports fell -35.89 percent to $2,160,295.
  • Trade with No. 3 Cleveland rose 38.63 percent to $2,406,360.
    Exports rose 36.11 percent to $483,256. Imports rose 39.27 percent to $1,923,104.
  • Trade with No. 4 Seattle rose 63.60 percent to $2,063,285.
    Exports rose 306.88 percent to $1,019,328. Imports rose 3.29 percent to $1,043,957.
  • Trade with No. 5 Norfolk rose 22.39 percent to $1,982,814.
    Exports rose 72.03 percent to $1,034,328. Imports fell -6.90 percent to $948,486.

Through April, 11 Customs districts posted trade surpluses with Nepal while 26 had deficits. That compares with 7 surpluses and 28 deficits for the same period one year ago. The top surplus was with Atlanta/Savannah at $1,015,557, the largest deficit was with New York City at $-9,292,394.

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 Nepal by value through April were low value shipments; medical instruments for surgeons, dentists, vets; artificial filament tow; perfumes; and electric storage batteries, respectively. They accounted for 34.82 percent of total exports to Nepal.

The value of the top five U.S. imports from Nepal -- carpets, othert textile floor coverings, knotted; antiques; carpets & oth text floor cover, woven, no tuf 5702; men's or boys' suits, not knit; and travel goods, including handbags, wallets, jewelry -- accounted for 62.54 percent of all inbound shipments.

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

  • Low value shipments fell -44.83 percent compared to last year to $915,645.
  • Medical instruments for surgeons, dentists, vets rose 22.91 percent compared to last year to $840,290.
  • Artificial filament tow fell -7.12 percent compared to last year to $731,458.
  • Perfumes rose compared to last year to $639,203.
  • Electric storage batteries rose 42.62 percent compared to last year to $575,563.

Looking more closely at U.S. imports from Nepal

  • Carpets, othert textile floor coverings, knotted fell -18.28 percent compared to last year to $8,373,905.
  • Antiques fell -63.59 percent compared to last year to $2,783,257.
  • Carpets & Oth Text Floor Cover, Woven, No Tuf 5702 fell -7.02 percent compared to last year to $1,558,518.
  • Men's or boys' suits, not knit fell -10.42 percent compared to last year to $1,144,770.
  • Travel goods, including handbags, wallets, jewelry fell -37.38 percent compared to last year to $999,350.

In the latest annual figures available, Nepal recorded $50,197,275 in trade with the United States. At year’s end, its top five Customs districts were New York City, Los Angeles, Cleveland, San Francisco and New Orleans. Total U.S. exports to Nepal were $36,886,169 and imports from Nepal were $83,506,745. The U.S. deficit with Nepal was $-46,620,576.

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