| March 2013 |
Top Exports To Somalia
Total Exports To Somalia: $1,285,523| Rank | Commodity | Total YTD Exports |
|---|---|---|
| 1 | Malt extract, less than 40% cocoa | $615,783 |
| 2 | Landline, cellular phone equipment | $167,746 |
| 3 | Misc. vegetable fats, oils | $149,534 |
| 4 | Leguminous vegetables, dried or shelled | $122,131 |
| 5 | Footware, sole of rubber, plastic or leather; uppe | $45,936 |
| 6 | Unrecorded media for audio | $40,980 |
| 7 | Computers | $30,740 |
| 8 | Medical technology | $29,179 |
| 9 | Low value shipments | $18,543 |
| 10 | Aircraft parts | $18,000 |
Total Imports From Somalia
Total Imports From Somalia: $372,331| Rank | Commodity | Total YTD |
|---|---|---|
| 1 | Coins | $263,600 |
| 2 | Lac; Natural Gums, Resins, Gum-Resins and Bal 1301 | $66,550 |
| 3 | Collectors items of historic or botanic interest | $36,221 |
| 4 | Salvage | $5,960 |
| $0 | ||
| $0 | ||
| $0 | ||
| $0 | ||
| $0 | ||
| $0 |
| March 2013 |
Top Somalia Trading Partners
Total Somalia trade: $1,657,854| Rank | District | Total YTD |
|---|---|---|
| 1 | Norfolk | $711,924 |
| 2 | New Orleans | $313,732 |
| 3 | Houston | $221,460 |
| 4 | Cleveland | $195,323 |
| 5 | Los Angeles | $70,914 |
| 6 | Boston | $30,740 |
| 7 | Low Value Shipments | $24,503 |
| 8 | Miami | $22,327 |
| 9 | New York City | $20,814 |
| 10 | Washington, D.C. | $19,713 |
Top US Trading Partners
Total U.S. trade for all countries: $919,560,909,009| Rank | Commodity | Total YTD Exports |
|---|---|---|
| 1 | CANADA | $154,229,781,187 |
| 2 | CHINA | $125,331,233,626 |
| 3 | MEXICO | $120,297,325,224 |
| 4 | JAPAN | $50,070,697,561 |
| 5 | GERMANY | $37,936,556,982 |
| 6 | SOUTH KOREA | $25,435,797,164 |
| 7 | UNITED KINGDOM | $24,776,181,741 |
| 8 | FRANCE | $17,448,501,187 |
| 9 | BRAZIL | $16,436,596,270 |
| 10 | SAUDI ARABIA | $15,342,397,281 |
Somalia’s trade rose to $1,657,854 through March
Somalia’s trade with the United States rose to $1,657,854 through the first three months of 2013, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s -83.10 percent below its total trade during the same time period last year. Somalia’s exports decreased -86.48 percent while imports rose 25.96 percent. The U.S. deficit with Somalia was $0.
Through March, Somalia’s top U.S. Customs districts for total imports and exports were No. 1 Norfolk, No. 2 New Orleans, No. 3 Houston, No. 4 Cleveland and No. 5 Los Angeles compared to last year when the top spots were held by No. 1 Houston, No. 2 Washington, D.C., No. 3 Norfolk, No. 4 New Orleans and No. 5 Atlanta/Savannah. In the current time period, the top five accounted for 9.55 percent of Somalia’s U.S. trade.. That compares to 548.04 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 Somalia,:
- Trade with No. 1 Norfolk fell -19.96 percent to $711,924.
Exports fell -19.96 percent to $711,924. Imports fell to $0. - Trade with No. 2 New Orleans rose 28.64 percent to $313,732.
Exports rose 314.64 percent to $20,450. Imports rose 22.73 percent to $293,282. - Trade with No. 3 Houston fell -96.41 percent to $221,460.
Exports fell -96.41 percent to $221,460. Imports fell to $0. - Trade with No. 4 Cleveland rose 332.27 percent to $195,323.
Exports rose 332.27 percent to $195,323. Imports fell to $0. - Trade with No. 5 Los Angeles rose to $70,914.
Exports rose to $4,364. Imports rose to $66,550.
Through March, 10 Customs districts posted trade surpluses with Somalia while 2 had deficits. That compares with 10 surpluses and 3 deficits for the same period one year ago. The top surplus was with Norfolk at $711,924, the largest deficit was with New Orleans at $-272,832.
Meanwhile, total U.S. trade with the world decreased to $919,560,909,009, down -1.59 percent compared to the same period last year. The nation’s exports climbed 0.19 percent to $1,773,047,307; imports dropped -1.78 percent to $-16,591,316,281. The nation’s top five countries so far this year, by value, are Canada, China, Mexico, Japan and Germany. The overall trade deficit climbed $-152,899,878,555, down compared to the same period of last year when the deficit was $-171,264,242,143.
The top five U.S. exports to Somalia by value through March were malt extract, less than 40% cocoa; landline, cellular phone equipment; misc. vegetable fats, oils; leguminous vegetables, dried or shelled; and footware, sole of rubber, plastic or leather; uppe, respectively. They accounted for 85.66 percent of total exports to Somalia.
The value of the top five U.S. imports from Somalia -- coins; lac; natural gums, resins, gum-resins and bal 1301; collectors items of historic or botanic interest; salvage; and -- accounted for 100.00 percent of all inbound shipments.
Looking more closely at U.S. exports to Somalia:
- Malt extract, less than 40% cocoa rose compared to last year to $615,783.
- Landline, cellular phone equipment rose compared to last year to $167,746.
- Misc. vegetable fats, oils fell -97.21 percent compared to last year to $149,534.
- Leguminous vegetables, dried or shelled fell -91.63 percent compared to last year to $122,131.
- Footware, sole of rubber, plastic or leather; uppe fell -84.88 percent compared to last year to $45,936.
Looking more closely at U.S. imports from Somalia
- fell compared to last year to $0.
- fell compared to last year to $0.
- fell compared to last year to $0.
- fell compared to last year to $0.
- fell compared to last year to $0.
In the latest annual figures available, Somalia recorded $9,807,175 in trade with the United States. At year’s end, its top five Customs districts were Houston, Baltimore, Washington, D.C., Norfolk and New Orleans. Total U.S. exports to Somalia were $15,426,301 and imports from Somalia were $975,637. The U.S. surplus with Somalia was $14,450,664.