| March 2012 |
Total Exports To Singapore
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Aircraft | $959,659,266 |
2 | Oil, not crude | $764,552,460 |
3 | Electronic integrated circuits | $438,380,511 |
4 | Floating or submersible docks, platforms | $185,013,682 |
5 | Low value shipments | $180,417,287 |
6 | Parts for heavy machinery | $163,151,915 |
7 | Machinery, parts for semiconductor manufacturing | $155,284,436 |
8 | Landline, cellular phone equipment | $145,320,915 |
9 | Computers | $139,540,009 |
10 | Medical instruments for surgeons, dentists, vets | $134,763,852 |
Total Imports From Singapore
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Printers, all types, parts | $571,591,670 |
2 | Imports of returned exports | $569,851,626 |
3 | Sulfonamides | $524,128,817 |
4 | Oxygen-function amino-compounds | $402,131,766 |
5 | Electronic integrated circuits | $361,626,488 |
6 | Computers | $361,291,902 |
7 | Machinery, parts for semiconductor manufacturing | $178,316,641 |
8 | Nucleic acids and salts, heterocyclic compounds | $145,888,222 |
9 | Medicine | $141,010,111 |
10 | Medical equipment for physicals | $119,179,462 |
| March 2012 |
Top Singapore Trading Partners
| Rank | District | Total YTD |
|---|---|---|
1 | Los Angeles | $1,699,204,580 |
2 | San Francisco | $1,335,749,303 |
3 | New York City | $1,058,197,598 |
4 | New Orleans | $1,048,106,525 |
5 | San Juan | $1,035,547,646 |
6 | Cleveland | $850,803,021 |
7 | Houston | $823,166,049 |
8 | Chicago | $656,954,747 |
9 | Atlanta/Savannah | $639,651,547 |
10 | Dallas | $493,066,347 |
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 |
Singapore’s trade rose to $12,328,329,682 through March
Singapore’s trade with the United States rose to $12,328,329,682 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 6.20 percent above its total trade during the same time period last year. Singapore’s exports increased 4.50 percent while imports rose 8.82 percent. The U.S. surplus with Singapore was $2,396,986,100.
Through March, Singapore’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 New Orleans and No. 5 San Juan compared to last year when the top spots were held by No. 1 Los Angeles, No. 2 San Francisco, No. 3 New York City, No. 4 New Orleans and No. 5 Houston. In the current time period, the top five accounted for 99.59 percent of Singapore’s U.S. trade.. That compares to 87.94 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 Singapore,:
- Trade with No. 1 Los Angeles fell -3.82 percent to $1,699,204,580.
Exports rose 4.33 percent to $1,332,935,259. Imports fell -25.10 percent to $366,269,321. - Trade with No. 2 San Francisco rose 0.49 percent to $1,335,749,303.
Exports fell -2.91 percent to $828,888,513. Imports rose 6.60 percent to $506,860,790. - Trade with No. 3 New York City fell -14.17 percent to $1,058,197,598.
Exports fell -2.56 percent to $689,359,040. Imports fell -29.80 percent to $368,838,558. - Trade with No. 4 New Orleans rose 2.08 percent to $1,048,106,525.
Exports fell -0.84 percent to $745,594,607. Imports rose 10.06 percent to $302,511,918. - Trade with No. 5 San Juan rose 27.97 percent to $1,035,547,646.
Exports fell -61.74 percent to $44,610,577. Imports rose 43.07 percent to $990,937,069.
Through March, 25 Customs districts posted trade surpluses with Singapore while 19 had deficits. That compares with 24 surpluses and 19 deficits for the same period one year ago. The top surplus was with Los Angeles at $966,665,938, the largest deficit was with San Juan at $-946,326,492.
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 Singapore by value through March were aircraft; oil, not crude; electronic integrated circuits; floating or submersible docks, platforms; and low value shipments, respectively. They accounted for 34.34 percent of total exports to Singapore.
The value of the top five U.S. imports from Singapore -- printers, all types, parts; imports of returned exports; sulfonamides; oxygen-function amino-compounds; and electronic integrated circuits -- accounted for 48.92 percent of all inbound shipments.
Looking more closely at U.S. exports to Singapore:
- Aircraft rose 10.60 percent compared to last year to $959,659,266.
- Oil, not crude fell -11.87 percent compared to last year to $764,552,460.
- Electronic integrated circuits fell -19.84 percent compared to last year to $438,380,511.
- Floating or submersible docks, platforms rose compared to last year to $185,013,682.
- Low value shipments fell -21.18 percent compared to last year to $180,417,287.
Looking more closely at U.S. imports from Singapore
- Printers, all types, parts rose 7.20 percent compared to last year to $571,591,670.
- Imports of returned exports rose 53.46 percent compared to last year to $569,851,626.
- Sulfonamides rose 26.39 percent compared to last year to $524,128,817.
- Oxygen-function amino-compounds rose 71.63 percent compared to last year to $402,131,766.
- Electronic integrated circuits fell -4.88 percent compared to last year to $361,626,488.
In the latest annual figures available, Singapore recorded $11,608,829,379 in trade with the United States. At year’s end, its top five Customs districts were Los Angeles, San Francisco, New York City, New Orleans and San Juan. Total U.S. exports to Singapore were $31,392,979,341 and imports from Singapore were $19,110,659,249. The U.S. surplus with Singapore was $12,282,320,092.