| March 2012 |
Total Exports To Norway
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Aircraft | $291,488,072 |
2 | Meteorological, hydaulic and survey equipment | $79,099,768 |
3 | Low value shipments | $38,158,533 |
4 | Aircraft engines, parts | $32,582,940 |
5 | Parts for heavy machinery | $31,035,049 |
6 | Taps, cocks and valves for pipes, tanks | $30,168,017 |
7 | Petroleum products | $20,865,469 |
8 | Miscellaneous machines, parts | $19,658,424 |
9 | $17,698,585 | |
10 | Computers | $14,532,086 |
Total Imports From Norway
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Oil, not crude | $717,626,385 |
2 | Oil | $407,585,852 |
3 | Unwrought platinum in various forms | $59,158,195 |
4 | Acyclic hydrocarbons | $49,680,838 |
5 | Nickle, Unwrought 7502 | $49,624,426 |
6 | Fish fillets, chilled or frozen | $40,171,999 |
7 | Ferroalloys 7202 | $28,326,133 |
8 | Imports of returned exports | $22,927,527 |
9 | Landline, cellular phone equipment | $21,598,505 |
10 | Nitrogenous fertilizers | $20,983,098 |
| March 2012 |
Top Norway Trading Partners
| Rank | District | Total YTD |
|---|---|---|
1 | New York City | $664,518,007 |
2 | Philadelphia | $417,765,440 |
3 | Houston | $346,890,514 |
4 | New Orleans | $275,715,683 |
5 | Seattle | $212,518,423 |
6 | Baltimore | $103,057,398 |
7 | Atlanta/Savannah | $71,471,507 |
8 | Cleveland | $68,807,627 |
9 | San Juan | $67,452,400 |
10 | Port Arthur, Texas | $65,327,531 |
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 |
Norway’s trade rose to $2,845,561,006 through March
Norway’s trade with the United States rose to $2,845,561,006 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s -2.08 percent below its total trade during the same time period last year. Norway’s exports decreased -8.88 percent while imports rose 1.70 percent. The U.S. deficit with Norway was $955,108,954.
Through March, Norway’s top U.S. Customs districts for total imports and exports were No. 1 New York City, No. 2 Philadelphia, No. 3 Houston, No. 4 New Orleans and No. 5 Seattle compared to last year when the top spots were held by No. 1 New York City, No. 2 Houston, No. 3 Seattle, No. 4 Philadelphia and No. 5 New Orleans. In the current time period, the top five accounted for 48.41 percent of Norway’s U.S. trade.. That compares to 51.56 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 Norway,:
- Trade with No. 1 New York City rose 60.17 percent to $664,518,007.
Exports rose 11.21 percent to $163,034,220. Imports rose 86.92 percent to $501,483,787. - Trade with No. 2 Philadelphia rose 23.81 percent to $417,765,440.
Exports fell -46.08 percent to $13,285,780. Imports rose 29.32 percent to $404,479,660. - Trade with No. 3 Houston fell -8.68 percent to $346,890,514.
Exports rose 42.07 percent to $162,821,117. Imports fell -30.61 percent to $184,069,397. - Trade with No. 4 New Orleans rose 9.63 percent to $275,715,683.
Exports rose 34.95 percent to $54,696,267. Imports rose 4.76 percent to $221,019,416. - Trade with No. 5 Seattle fell -43.77 percent to $212,518,423.
Exports fell -45.13 percent to $199,178,495. Imports fell -10.62 percent to $13,339,928.
Through March, 13 Customs districts posted trade surpluses with Norway while 30 had deficits. That compares with 8 surpluses and 35 deficits for the same period one year ago. The top surplus was with Seattle at $185,838,567, the largest deficit was with Philadelphia at $-391,193,880.
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 Norway by value through March were aircraft; meteorological, hydaulic and survey equipment; low value shipments; aircraft engines, parts; and parts for heavy machinery, respectively. They accounted for 49.97 percent of total exports to Norway.
The value of the top five U.S. imports from Norway -- oil, not crude; oil; unwrought platinum in various forms; acyclic hydrocarbons; and nickle, unwrought 7502 -- accounted for 67.55 percent of all inbound shipments.
Looking more closely at U.S. exports to Norway:
- Aircraft fell -16.65 percent compared to last year to $291,488,072.
- Meteorological, hydaulic and survey equipment rose 56.45 percent compared to last year to $79,099,768.
- Low value shipments fell -3.69 percent compared to last year to $38,158,533.
- Aircraft engines, parts rose 293.52 percent compared to last year to $32,582,940.
- Parts for heavy machinery rose 15.49 percent compared to last year to $31,035,049.
Looking more closely at U.S. imports from Norway
- Oil, not crude rose 38.99 percent compared to last year to $717,626,385.
- Oil fell -11.48 percent compared to last year to $407,585,852.
- Unwrought platinum in various forms rose 128.82 percent compared to last year to $59,158,195.
- Acyclic hydrocarbons rose 9.40 percent compared to last year to $49,680,838.
- Nickle, Unwrought 7502 fell -45.43 percent compared to last year to $49,624,426.
In the latest annual figures available, Norway recorded $2,905,980,369 in trade with the United States. At year’s end, its top five Customs districts were New York City, Philadelphia, Houston, New Orleans and Seattle. Total U.S. exports to Norway were $3,632,713,723 and imports from Norway were $8,315,313,132. The U.S. deficit with Norway was $-4,682,599,409.