| March 2012 |
Total Exports To Nicaragua
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Exports of charitable items, returned as imports | $45,726,956 |
2 | Low value shipments | $11,203,190 |
3 | Soybean oil | $10,932,908 |
4 | Woven cotton fabrics, more than 200 gms | $10,125,870 |
5 | Corn | $7,061,012 |
6 | Printers, all types, parts | $6,611,270 |
7 | Misc. mineral or chemical fertilizers | $6,043,240 |
8 | Soybean oilcake, other solid residue, not ground | $5,892,400 |
9 | Oil, not crude | $5,651,845 |
10 | Landline, cellular phone equipment | $5,002,799 |
Total Imports From Nicaragua
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Sweaters, pullovers, vest, knit or crocheted | $115,287,010 |
2 | Insulated wire, cable | $93,175,125 |
3 | T-shirts, tank tops, knit or crocheted | $82,373,615 |
4 | Men's or boys' suits, not knit | $67,709,282 |
5 | Coffee | $53,829,722 |
6 | Gold | $35,459,678 |
7 | Frozen beef from cows | $31,271,334 |
8 | Cigars, cigarettes | $24,191,505 |
9 | Live crustaceans | $15,179,543 |
10 | Women's or girls' suits, not knit | $14,378,367 |
| March 2012 |
Top Nicaragua Trading Partners
| Rank | District | Total YTD |
|---|---|---|
1 | Miami | $363,110,427 |
2 | Laredo | $88,899,370 |
3 | Atlanta/Savannah | $87,633,541 |
4 | Los Angeles | $79,305,223 |
5 | New York City | $63,171,912 |
6 | Mobile | $62,832,447 |
7 | New Orleans | $55,534,292 |
8 | Houston | $45,554,456 |
9 | Philadelphia | $15,912,101 |
10 | Low Value Shipments | $12,514,409 |
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 |
Nicaragua’s trade rose to $949,981,705 through March
Nicaragua’s trade with the United States rose to $949,981,705 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 12.21 percent above its total trade during the same time period last year. Nicaragua’s exports increased 6.72 percent while imports rose 14.66 percent. The U.S. deficit with Nicaragua was $391,741,051.
Through March, Nicaragua’s top U.S. Customs districts for total imports and exports were No. 1 Miami, No. 2 Laredo, No. 3 Atlanta/Savannah, No. 4 Los Angeles and No. 5 New York City compared to last year when the top spots were held by No. 1 Miami, No. 2 New Orleans, No. 3 Laredo, No. 4 Atlanta/Savannah and No. 5 Los Angeles. In the current time period, the top five accounted for 39.27 percent of Nicaragua’s U.S. trade.. That compares to 24.12 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 Nicaragua,:
- Trade with No. 1 Miami rose 11.29 percent to $363,110,427.
Exports fell -1.17 percent to $117,490,556. Imports rose 18.43 percent to $245,619,871. - Trade with No. 2 Laredo rose 6.20 percent to $88,899,370.
Exports rose 47.51 percent to $2,895,015. Imports rose 5.21 percent to $86,004,355. - Trade with No. 3 Atlanta/savannah rose 31.43 percent to $87,633,541.
Exports rose 46.23 percent to $4,693,987. Imports rose 30.69 percent to $82,939,554. - Trade with No. 4 Los Angeles rose 24.68 percent to $79,305,223.
Exports rose 32.97 percent to $16,486,695. Imports rose 22.67 percent to $62,818,528. - Trade with No. 5 New York City rose 31.69 percent to $63,171,912.
Exports rose 306.30 percent to $29,737,188. Imports fell -17.75 percent to $33,434,724.
Through March, 7 Customs districts posted trade surpluses with Nicaragua while 32 had deficits. That compares with 10 surpluses and 24 deficits for the same period one year ago. The top surplus was with New Orleans at $17,169,550, the largest deficit was with Miami at $-128,129,315.
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 Nicaragua by value through March were exports of charitable items, returned as imports; low value shipments; soybean oil; woven cotton fabrics, more than 200 gms; and corn, respectively. They accounted for 30.47 percent of total exports to Nicaragua.
The value of the top five U.S. imports from Nicaragua -- sweaters, pullovers, vest, knit or crocheted; insulated wire, cable; t-shirts, tank tops, knit or crocheted; men's or boys' suits, not knit; and coffee -- accounted for 61.47 percent of all inbound shipments.
Looking more closely at U.S. exports to Nicaragua:
- Exports of charitable items, returned as imports rose 55.97 percent compared to last year to $45,726,956.
- Low value shipments rose 1.58 percent compared to last year to $11,203,190.
- Soybean oil rose 11.36 percent compared to last year to $10,932,908.
- Woven cotton fabrics, more than 200 gms rose 65.60 percent compared to last year to $10,125,870.
- Corn fell -41.71 percent compared to last year to $7,061,012.
Looking more closely at U.S. imports from Nicaragua
- Sweaters, pullovers, vest, knit or crocheted rose 49.01 percent compared to last year to $115,287,010.
- Insulated wire, cable rose 5.37 percent compared to last year to $93,175,125.
- T-shirts, tank tops, knit or crocheted rose 7.66 percent compared to last year to $82,373,615.
- Men's or boys' suits, not knit rose 41.45 percent compared to last year to $67,709,282.
- Coffee fell -21.32 percent compared to last year to $53,829,722.
In the latest annual figures available, Nicaragua recorded $846,638,495 in trade with the United States. At year’s end, its top five Customs districts were Miami, Laredo, Atlanta/Savannah, New Orleans and Los Angeles. Total U.S. exports to Nicaragua were $1,053,179,446 and imports from Nicaragua were $2,604,311,134. The U.S. deficit with Nicaragua was $-1,551,131,688.