| March 2012 |
Total Exports To Somalia
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Misc. vegetable fats, oils | $5,361,797 |
2 | Leguminous vegetables, dried or shelled | $1,459,405 |
3 | Travel goods, including handbags, wallets, jewelry | $410,962 |
4 | Footware, sole of rubber, plastic or leather; uppe | $303,800 |
5 | Men's or boys' overcoats, knit or crochet | $262,187 |
6 | Men's or boys' undershirts | $238,413 |
7 | Worn clothing, other worn textile articles | $222,518 |
8 | Self-propelled heavy construction machinery | $217,287 |
9 | Men's or boys' suits, not knit | $166,037 |
10 | Bras, girdles, garters | $150,362 |
Total Imports From Somalia
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Coins | $241,039 |
2 | Lac; Natural Gums, Resins, Gum-Resins and Bal 1301 | $32,636 |
3 | Salvage | $14,527 |
4 | Plants for pharmacy, perfume, insecticides | $7,388 |
| March 2012 |
Top Somalia Trading Partners
| Rank | District | Total YTD |
|---|---|---|
1 | Houston | $6,161,244 |
2 | Washington, D.C. | $1,865,768 |
3 | Norfolk | $889,466 |
4 | New Orleans | $243,892 |
5 | Atlanta/Savannah | $217,287 |
6 | Low Value Shipments | $154,260 |
7 | Chicago | $120,000 |
8 | New York City | $54,804 |
9 | Cleveland | $45,185 |
10 | San Francisco | $27,200 |
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 |
Somalia’s trade rose to $9,807,175 through March
Somalia’s trade with the United States rose to $9,807,175 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 1,547.54 percent above its total trade during the same time period last year. Somalia’s exports increased 2,302.08 percent while imports rose 48.32 percent. The U.S. surplus with Somalia was $9,215,995.
Through March, Somalia’s top U.S. Customs districts for total imports and exports were No. 1 Houston, No. 2 Washington, D.C., No. 3 Norfolk, No. 4 New Orleans and No. 5 Atlanta/Savannah compared to last year when the top spots were held by No. 1 Charleston, No. 2 New Orleans, No. 3 Cleveland, No. 4 New York City and No. 5 Baltimore. In the current time period, the top five accounted for 4.58 percent of Somalia’s U.S. trade.. That compares to -93.65 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 Somalia,:
- Trade with No. 1 Houston rose to $6,161,244.
Exports rose to $6,161,244. Imports rose to $0. - Trade with No. 2 Washington, D.c. rose to $1,865,768.
Exports rose to $1,865,768. Imports rose to $0. - Trade with No. 3 Norfolk rose 7,312.22 percent to $889,466.
Exports rose 7,312.22 percent to $889,466. Imports fell to $0. - Trade with No. 4 New Orleans rose 46.32 percent to $243,892.
Exports rose to $4,932. Imports rose 43.36 percent to $238,960. - Trade with No. 5 Atlanta/savannah rose 2,072.87 percent to $217,287.
Exports rose 2,072.87 percent to $217,287. Imports fell to $0.
Through March, 10 Customs districts posted trade surpluses with Somalia while 3 had deficits. That compares with 6 surpluses and 2 deficits for the same period one year ago. The top surplus was with Houston at $6,161,244, the largest deficit was with New Orleans at $-234,028.
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 Somalia by value through March were misc. vegetable fats, oils; leguminous vegetables, dried or shelled; travel goods, including handbags, wallets, jewelry; footware, sole of rubber, plastic or leather; uppe; and men's or boys' overcoats, knit or crochet, respectively. They accounted for 81.99 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; salvage; plants for pharmacy, perfume, insecticides; and -- accounted for 100.00 percent of all inbound shipments.
Looking more closely at U.S. exports to Somalia:
- Misc. vegetable fats, oils rose compared to last year to $5,361,797.
- Leguminous vegetables, dried or shelled rose compared to last year to $1,459,405.
- Travel goods, including handbags, wallets, jewelry rose compared to last year to $410,962.
- Footware, sole of rubber, plastic or leather; uppe rose compared to last year to $303,800.
- Men's or boys' overcoats, knit or crochet rose compared to last year to $262,187.
Looking more closely at U.S. imports from Somalia
- Coins rose 44.61 percent compared to last year to $241,039.
- Lac; Natural Gums, Resins, Gum-Resins and Bal 1301 rose 53.36 percent compared to last year to $32,636.
- Salvage rose 28.27 percent compared to last year to $14,527.
- Plants for pharmacy, perfume, insecticides rose compared to last year to $7,388.
- fell compared to last year to $0.
In the latest annual figures available, Somalia recorded $595,261 in trade with the United States. At year’s end, its top five Customs districts were Houston, New Orleans, New York City, Cleveland and Charleston. Total U.S. exports to Somalia were $5,248,785 and imports from Somalia were $1,105,295. The U.S. surplus with Somalia was $4,143,490.