| March 2012 |
Total Exports To Philippines
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Electronic integrated circuits | $430,074,689 |
2 | Wheat, meslin | $143,177,948 |
3 | Flour, meal of oil seed, olea fruit | $100,342,455 |
4 | Photo-sensitive semi-conductors, parts | $93,806,704 |
5 | Computer parts | $79,258,230 |
6 | Aircraft | $39,669,412 |
7 | Milk and cream, concentrated or sweetened | $33,628,429 |
8 | Medical technology | $31,811,082 |
9 | Low value shipments | $26,171,017 |
10 | Soybean oilcake, other solid residue, not ground | $21,921,690 |
Total Imports From Philippines
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Electronic integrated circuits | $350,997,146 |
2 | Computers | $186,157,581 |
3 | Photo-sensitive semi-conductors, parts | $169,468,758 |
4 | Coconut, Palm Kernel or Babassu Oil Etc, No C 1513 | $125,637,022 |
5 | Insulated wire, cable | $108,195,167 |
6 | Power supplies, transformers | $103,424,764 |
7 | Landline, cellular phone equipment | $99,488,632 |
8 | Women's or girls' suits, not knit | $83,743,038 |
9 | Imports of returned exports | $50,049,676 |
10 | Cane, beet sugar, solid form | $42,988,647 |
| March 2012 |
Top Philippines Trading Partners
| Rank | District | Total YTD |
|---|---|---|
1 | Los Angeles | $1,132,889,797 |
2 | San Francisco | $611,386,056 |
3 | New York City | $339,545,157 |
4 | Dallas | $252,673,471 |
5 | Chicago | $244,136,827 |
6 | Seattle | $223,727,942 |
7 | Cleveland | $198,622,288 |
8 | Portland/Columbia-Snake River | $170,962,562 |
9 | Atlanta/Savannah | $166,406,726 |
10 | New Orleans | $158,889,365 |
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 |
Philippines’s trade rose to $4,207,481,942 through March
Philippines’s trade with the United States rose to $4,207,481,942 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 4.08 percent above its total trade during the same time period last year. Philippines’s exports decreased -2.94 percent while imports rose 10.22 percent. The U.S. deficit with Philippines was $542,858,262.
Through March, Philippines’s top U.S. Customs districts for total imports and exports were No. 1 Los Angeles, No. 2 San Francisco, No. 3 New York City, No. 4 Dallas and No. 5 Chicago compared to last year when the top spots were held by No. 1 Los Angeles, No. 2 San Francisco, No. 3 Dallas, No. 4 New York City and No. 5 Atlanta/Savannah. In the current time period, the top five accounted for 63.04 percent of Philippines’s U.S. trade.. That compares to 56.65 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 Philippines,:
- Trade with No. 1 Los Angeles rose 15.60 percent to $1,132,889,797.
Exports rose 12.18 percent to $389,370,826. Imports rose 17.48 percent to $743,518,971. - Trade with No. 2 San Francisco rose 2.20 percent to $611,386,056.
Exports fell -2.54 percent to $234,824,160. Imports rose 5.39 percent to $376,561,896. - Trade with No. 3 New York City rose 25.46 percent to $339,545,157.
Exports rose 18.51 percent to $127,882,838. Imports rose 30.08 percent to $211,662,319. - Trade with No. 4 Dallas fell -8.87 percent to $252,673,471.
Exports fell -9.94 percent to $202,704,085. Imports fell -4.23 percent to $49,969,386. - Trade with No. 5 Chicago rose 74.48 percent to $244,136,827.
Exports rose 16.96 percent to $64,838,375. Imports rose 112.22 percent to $179,298,452.
Through March, 9 Customs districts posted trade surpluses with Philippines while 32 had deficits. That compares with 12 surpluses and 29 deficits for the same period one year ago. The top surplus was with Portland/Columbia-Snake River at $161,109,122, the largest deficit was with Los Angeles at $-354,148,145.
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 Philippines by value through March were electronic integrated circuits; wheat, meslin; flour, meal of oil seed, olea fruit; photo-sensitive semi-conductors, parts; and computer parts, respectively. They accounted for 46.21 percent of total exports to Philippines.
The value of the top five U.S. imports from Philippines -- electronic integrated circuits; computers; photo-sensitive semi-conductors, parts; coconut, palm kernel or babassu oil etc, no c 1513; and insulated wire, cable -- accounted for 39.60 percent of all inbound shipments.
Looking more closely at U.S. exports to Philippines:
- Electronic integrated circuits fell -13.96 percent compared to last year to $430,074,689.
- Wheat, meslin rose 9.25 percent compared to last year to $143,177,948.
- Flour, meal of oil seed, olea fruit rose 489.59 percent compared to last year to $100,342,455.
- Photo-sensitive semi-conductors, parts fell -4.80 percent compared to last year to $93,806,704.
- Computer parts rose 18.89 percent compared to last year to $79,258,230.
Looking more closely at U.S. imports from Philippines
- Electronic integrated circuits fell -14.67 percent compared to last year to $350,997,146.
- Computers rose 64.14 percent compared to last year to $186,157,581.
- Photo-sensitive semi-conductors, parts rose 95.99 percent compared to last year to $169,468,758.
- Coconut, Palm Kernel or Babassu Oil Etc, No C 1513 fell -16.92 percent compared to last year to $125,637,022.
- Insulated wire, cable rose 3.51 percent compared to last year to $108,195,167.
In the latest annual figures available, Philippines recorded $4,042,599,964 in trade with the United States. At year’s end, its top five Customs districts were Los Angeles, San Francisco, New York City, Dallas and Portland/Columbia-Snake River. Total U.S. exports to Philippines were $7,706,291,046 and imports from Philippines were $9,143,346,235. The U.S. deficit with Philippines was $-1,437,055,189.