| March 2012 |
Total Exports To Portugal
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Aircraft | $37,920,576 |
2 | Coal, briquettes | $30,628,839 |
3 | Aircraft engines, parts | $22,677,576 |
4 | Raw tobacco | $13,559,291 |
5 | Frozen fish | $9,327,822 |
6 | Machine tool parts | $8,968,886 |
7 | Aircraft parts | $8,191,144 |
8 | Acrylonitrile, related compounds | $7,995,617 |
9 | Low value shipments | $6,789,642 |
10 | Exports of repaired imports | $6,514,273 |
Total Imports From Portugal
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Oil, not crude | $330,890,174 |
2 | Misc. natural cork | $35,173,231 |
3 | Paper, uncoated, for writing | $34,817,922 |
4 | Motor vehicles for transporting people | $25,258,619 |
5 | Wine | $14,962,640 |
6 | Rubber tires | $14,248,313 |
7 | Footware, sole of rubber, plastic or leather; uppe | $13,963,687 |
8 | Twine, rope, cables | $13,806,231 |
9 | Linens for bed, bath and kitchen | $13,721,145 |
10 | Radar and remote control equipment | $13,153,182 |
| March 2012 |
Top Portugal Trading Partners
| Rank | District | Total YTD |
|---|---|---|
1 | New York City | $274,401,410 |
2 | Houston | $114,248,899 |
3 | Jacksonville/Tampa | $91,082,824 |
4 | Atlanta/Savannah | $73,324,415 |
5 | Chicago | $55,640,860 |
6 | San Francisco | $46,541,830 |
7 | Portland, Maine | $36,626,600 |
8 | Laredo | $35,792,766 |
9 | Los Angeles | $31,098,112 |
10 | Norfolk/Mobile/Charleston | $30,628,839 |
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 |
Portugal’s trade rose to $1,059,704,978 through March
Portugal’s trade with the United States rose to $1,059,704,978 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 7.97 percent above its total trade during the same time period last year. Portugal’s exports decreased -24.06 percent while imports rose 27.37 percent. The U.S. deficit with Portugal was $497,586,664.
Through March, Portugal’s top U.S. Customs districts for total imports and exports were No. 1 New York City, No. 2 Houston, No. 3 Jacksonville/Tampa, No. 4 Atlanta/Savannah and No. 5 Chicago compared to last year when the top spots were held by No. 1 New York City, No. 2 Houston, No. 3 New Orleans, No. 4 Charleston and No. 5 Atlanta/Savannah. In the current time period, the top five accounted for 74.09 percent of Portugal’s U.S. trade.. That compares to 61.24 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 Portugal,:
- Trade with No. 1 New York City fell -8.96 percent to $274,401,410.
Exports fell -22.96 percent to $57,226,875. Imports fell -4.38 percent to $217,174,535. - Trade with No. 2 Houston fell -25.23 percent to $114,248,899.
Exports fell -47.81 percent to $40,736,083. Imports fell -1.66 percent to $73,512,816. - Trade with No. 3 Jacksonville/tampa rose 327.59 percent to $91,082,824.
Exports fell -93.98 percent to $318,970. Imports rose 467.05 percent to $90,763,854. - Trade with No. 4 Atlanta/savannah rose 25.43 percent to $73,324,415.
Exports rose 14.65 percent to $11,814,029. Imports rose 27.74 percent to $61,510,386. - Trade with No. 5 Chicago rose 78.80 percent to $55,640,860.
Exports rose 201.15 percent to $34,314,678. Imports rose 8.12 percent to $21,326,182.
Through March, 11 Customs districts posted trade surpluses with Portugal while 33 had deficits. That compares with 11 surpluses and 32 deficits for the same period one year ago. The top surplus was with Norfolk/Mobile/Charleston at $30,628,839, the largest deficit was with New York City at $-159,947,660.
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 Portugal by value through March were aircraft; coal, briquettes; aircraft engines, parts; raw tobacco; and frozen fish, respectively. They accounted for 40.60 percent of total exports to Portugal.
The value of the top five U.S. imports from Portugal -- oil, not crude; misc. natural cork; paper, uncoated, for writing; motor vehicles for transporting people; and wine -- accounted for 56.65 percent of all inbound shipments.
Looking more closely at U.S. exports to Portugal:
- Aircraft rose 15.95 percent compared to last year to $37,920,576.
- Coal, briquettes rose 50.73 percent compared to last year to $30,628,839.
- Aircraft engines, parts rose 31.56 percent compared to last year to $22,677,576.
- Raw tobacco rose 13.79 percent compared to last year to $13,559,291.
- Frozen fish fell -18.47 percent compared to last year to $9,327,822.
Looking more closely at U.S. imports from Portugal
- Oil, not crude rose 112.09 percent compared to last year to $330,890,174.
- Misc. natural cork rose 18.42 percent compared to last year to $35,173,231.
- Paper, uncoated, for writing rose 7.81 percent compared to last year to $34,817,922.
- Motor vehicles for transporting people fell -47.95 percent compared to last year to $25,258,619.
- Wine fell -2.07 percent compared to last year to $14,962,640.
In the latest annual figures available, Portugal recorded $981,442,463 in trade with the United States. At year’s end, its top five Customs districts were New York City, Houston, New Orleans, Atlanta/Savannah and San Francisco. Total U.S. exports to Portugal were $1,314,402,226 and imports from Portugal were $2,588,589,733. The U.S. deficit with Portugal was $-1,274,187,507.