| March 2012 |
Total Exports To Papua New Guinea
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Parts for heavy machinery | $64,341,687 |
2 | Aircraft engines, parts | $53,971,570 |
3 | Machinery for heating and sterilizing | $29,712,376 |
4 | Low value shipments | $8,475,811 |
5 | Taps, cocks and valves for pipes, tanks | $7,659,107 |
6 | Aircraft | $6,475,153 |
7 | Glass fibers, glass yarn | $1,579,776 |
8 | Meters, parts for gas, electric supply | $1,420,099 |
9 | Fork-lifts, other trucks with lifts | $839,215 |
10 | Cranes, derricks, industrial-use vehicles | $769,932 |
Total Imports From Papua New Guinea
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Coffee | $37,176,770 |
2 | Cocoa Beans | $5,797,830 |
3 | Caviar, caviar substitutes, other prepared fish | $5,468,338 |
4 | Wood, sawed or chipped, greater than 6 meters thic | $1,448,996 |
5 | Motor vehicle parts | $663,974 |
6 | Imports of returned exports | $591,854 |
7 | Live crustaceans | $483,625 |
8 | Internal combustion piston engines, including airc | $380,246 |
9 | Tea | $217,800 |
10 | Antiques | $142,449 |
| March 2012 |
Top Papua New Guinea Trading Partners
| Rank | District | Total YTD |
|---|---|---|
1 | Houston | $123,447,020 |
2 | Philadelphia | $30,564,789 |
3 | New York City | $22,111,601 |
4 | Los Angeles | $21,506,016 |
5 | San Francisco | $9,735,045 |
6 | Low Value Shipments | $8,511,975 |
7 | Dallas | $8,157,786 |
8 | New Orleans | $5,136,219 |
9 | Seattle | $4,068,605 |
10 | Atlanta/Savannah | $3,508,996 |
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 |
Papua New Guinea’s trade rose to $243,006,633 through March
Papua New Guinea’s trade with the United States rose to $243,006,633 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 549.60 percent above its total trade during the same time period last year. Papua New Guinea’s exports increased 710.41 percent while imports rose 279.18 percent. The U.S. surplus with Papua New Guinea was $137,217,167.
Through March, Papua New Guinea’s top U.S. Customs districts for total imports and exports were No. 1 Houston, No. 2 Philadelphia, No. 3 New York City, No. 4 Los Angeles and No. 5 San Francisco compared to last year when the top spots were held by No. 1 Los Angeles, No. 2 Houston, No. 3 San Francisco, No. 4 New York City and No. 5 Seattle. In the current time period, the top five accounted for 17.19 percent of Papua New Guinea’s U.S. trade.. That compares to -81.96 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 Papua New Guinea,:
- Trade with No. 1 Houston rose 1,465.85 percent to $123,447,020.
Exports rose 1,470.00 percent to $123,255,180. Imports rose 480.49 percent to $191,840. - Trade with No. 2 Philadelphia rose 6,230.18 percent to $30,564,789.
Exports rose 191,945.45 percent to $29,870,750. Imports rose 48.52 percent to $694,039. - Trade with No. 3 New York City rose 516.95 percent to $22,111,601.
Exports rose 107.49 percent to $1,013,433. Imports rose 581.55 percent to $21,098,168. - Trade with No. 4 Los Angeles rose 130.20 percent to $21,506,016.
Exports rose 133.50 percent to $10,609,020. Imports rose 127.07 percent to $10,896,996. - Trade with No. 5 San Francisco rose 47.32 percent to $9,735,045.
Exports fell -57.40 percent to $1,299,364. Imports rose 137.11 percent to $8,435,681.
Through March, 18 Customs districts posted trade surpluses with Papua New Guinea while 10 had deficits. That compares with 17 surpluses and 10 deficits for the same period one year ago. The top surplus was with Houston at $123,063,340, the largest deficit was with New York City at $-20,084,735.
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 Papua New Guinea by value through March were parts for heavy machinery; aircraft engines, parts; machinery for heating and sterilizing; low value shipments; and taps, cocks and valves for pipes, tanks, respectively. They accounted for 86.35 percent of total exports to Papua New Guinea.
The value of the top five U.S. imports from Papua New Guinea -- coffee; cocoa beans; caviar, caviar substitutes, other prepared fish; wood, sawed or chipped, greater than 6 meters thic; and motor vehicle parts -- accounted for 95.58 percent of all inbound shipments.
Looking more closely at U.S. exports to Papua New Guinea:
- Parts for heavy machinery rose 2,129.22 percent compared to last year to $64,341,687.
- Aircraft engines, parts rose 134,680.67 percent compared to last year to $53,971,570.
- Machinery for heating and sterilizing rose 80,868.98 percent compared to last year to $29,712,376.
- Low value shipments rose 630.33 percent compared to last year to $8,475,811.
- Taps, cocks and valves for pipes, tanks rose 2,399.23 percent compared to last year to $7,659,107.
Looking more closely at U.S. imports from Papua New Guinea
- Coffee rose 859.32 percent compared to last year to $37,176,770.
- Cocoa Beans rose 58.62 percent compared to last year to $5,797,830.
- Caviar, caviar substitutes, other prepared fish rose 70.81 percent compared to last year to $5,468,338.
- Wood, sawed or chipped, greater than 6 meters thic rose 20,002.61 percent compared to last year to $1,448,996.
- Motor vehicle parts rose 471.86 percent compared to last year to $663,974.
In the latest annual figures available, Papua New Guinea recorded $37,408,637 in trade with the United States. At year’s end, its top five Customs districts were Los Angeles, Houston, New York City, San Francisco and San Juan. Total U.S. exports to Papua New Guinea were $303,970,326 and imports from Papua New Guinea were $141,685,790. The U.S. surplus with Papua New Guinea was $162,284,536.