| March 2012 |
Total Exports To Palau
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Low value shipments | $589,859 |
2 | Prepared foods, beverages | $548,959 |
3 | Beer | $337,500 |
4 | Poultry, fresh, chilled or frozen | $175,548 |
5 | Rice | $138,646 |
6 | Prepared or preserved meat | $137,295 |
7 | Sweetened waters | $137,186 |
8 | Internal combustion engines, including aircraft | $116,702 |
9 | Onions, shallots, garlic, leeks, frozen or chilled | $112,600 |
10 | Power supplies, transformers | $105,751 |
Total Imports From Palau
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Imports of returned exports | $28,211 |
2 | Fish fillets, chilled or frozen | $4,780 |
3 | Salvage | $902 |
4 | Sweaters, pullovers, vest, knit or crocheted | $824 |
5 | Women's or girls' blouses & shirts, knit or croche | $696 |
| March 2012 |
Top Palau Trading Partners
| Rank | District | Total YTD |
|---|---|---|
1 | Los Angeles | $1,476,715 |
2 | San Francisco | $1,418,291 |
3 | Low Value Shipments | $590,761 |
4 | Honolulu | $223,311 |
5 | Seattle | $98,117 |
6 | Miami | $42,590 |
7 | Portland/Columbia-Snake River | $37,761 |
8 | Houston | $35,100 |
9 | Chicago | $33,684 |
10 | Dallas | $24,652 |
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 |
Palau’s trade rose to $4,037,880 through March
Palau’s trade with the United States rose to $4,037,880 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 13.86 percent above its total trade during the same time period last year. Palau’s exports increased 12.86 percent while imports dropped 0.00 percent. The U.S. surplus with Palau was $3,967,054.
Through March, Palau’s top U.S. Customs districts for total imports and exports were No. 1 Los Angeles, No. 2 San Francisco, No. 3 Low Value Shipments, No. 4 Honolulu and No. 5 Seattle compared to last year when the top spots were held by No. 1 San Francisco, No. 2 Los Angeles, No. 3 Low Value Shipments, No. 4 Houston and No. 5 Honolulu. In the current time period, the top five accounted for 6.06 percent of Palau’s U.S. trade.. That compares to -6.85 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 Palau,:
- Trade with No. 1 Los Angeles rose 108.94 percent to $1,476,715.
Exports rose 108.94 percent to $1,476,715. Imports fell to $0. - Trade with No. 2 San Francisco fell -11.67 percent to $1,418,291.
Exports fell -11.67 percent to $1,418,291. Imports fell to $0. - Trade with No. 3 Low Value Shipments rose 12.64 percent to $590,761.
Exports rose 12.47 percent to $589,859. Imports rose to $902. - Trade with No. 4 Honolulu rose 48.86 percent to $223,311.
Exports rose 26.87 percent to $190,320. Imports rose to $32,991. - Trade with No. 5 Seattle fell -31.32 percent to $98,117.
Exports fell -31.32 percent to $98,117. Imports fell to $0.
Through March, 13 Customs districts posted trade surpluses with Palau while 1 had deficits. That compares with 11 surpluses and deficits for the same period one year ago. The top surplus was with Los Angeles at $1,476,715, the largest deficit was with Cleveland at $-1,520.
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 Palau by value through March were low value shipments; prepared foods, beverages; beer; poultry, fresh, chilled or frozen; and rice, respectively. They accounted for 44.74 percent of total exports to Palau.
The value of the top five U.S. imports from Palau -- imports of returned exports; fish fillets, chilled or frozen; salvage; sweaters, pullovers, vest, knit or crocheted; and women's or girls' blouses & shirts, knit or croche -- accounted for 100.00 percent of all inbound shipments.
Looking more closely at U.S. exports to Palau:
- Low value shipments rose 12.47 percent compared to last year to $589,859.
- Prepared foods, beverages rose 41.48 percent compared to last year to $548,959.
- Beer rose 33.15 percent compared to last year to $337,500.
- Poultry, fresh, chilled or frozen rose 111.17 percent compared to last year to $175,548.
- Rice fell -48.19 percent compared to last year to $138,646.
Looking more closely at U.S. imports from Palau
- Imports of returned exports rose compared to last year to $28,211.
- Fish fillets, chilled or frozen rose compared to last year to $4,780.
- Salvage rose compared to last year to $902.
- Sweaters, pullovers, vest, knit or crocheted rose compared to last year to $824.
- Women's or girls' blouses & shirts, knit or croche rose compared to last year to $696.
In the latest annual figures available, Palau recorded $3,546,378 in trade with the United States. At year’s end, its top five Customs districts were San Francisco, Los Angeles, Low Value Shipments, Honolulu and Seattle. Total U.S. exports to Palau were $16,876,149 and imports from Palau were $210,252. The U.S. surplus with Palau was $16,665,897.