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April 2013

Top Exports To Sri Lanka

Total Exports To Sri Lanka: $81,149,132
RankCommodityTotal YTD Exports
1Soybean oilcake, other solid residue, not ground $6,398,700
2Aircraft $6,211,155
3Misc. vegetable fats, oils $2,980,655
4Milk and cream, concentrated or sweetened $2,939,550
5Flour, meal of oil seed, olea fruit $2,602,000
6Misc. uncoated kraft paper, paperboard $1,934,176
7Computers $1,698,926
8Leguminous vegetables, dried or shelled $1,681,863
9Metal yarn $1,586,518
10Chocolate and other food products containing cocoa $1,585,907

Total Imports From Sri Lanka

Total Imports From Sri Lanka: $811,156,974
RankCommodityTotal YTD
1Women's or girls' suits, not knit $102,230,607
2Men's or boys' suits, not knit $61,298,906
3Women's or girls' slips $58,766,610
4Bras, girdles, garters $58,564,816
5Women's or girls' suits, knit or crocheted $54,473,774
6Sweaters, pullovers, vest, knit or crocheted $45,905,343
7Retread or used tires $38,634,717
8Swimwear, track suits, skit suits, knit or crochet $36,943,756
9Precious stones $34,536,528
10Men's or boys' shirts, not knitted or crocheted $29,161,079
April 2013

Top Sri Lanka Trading Partners

Total Sri Lanka trade: $892,306,106
RankDistrictTotal YTD
1New York City $205,614,351
2Cleveland $173,540,243
3Los Angeles $162,700,707
4Atlanta/Savannah $62,389,277
5Chicago $43,494,022
6New Orleans $35,333,342
7Seattle $32,486,201
8Norfolk $31,762,290
9Charleston $23,708,452
10San Francisco $21,449,780

Top US Trading Partners

Total U.S. trade for all countries: $1,240,094,299,613
Rank Commodity Total YTD Exports
1 CANADA $208,978,587,734
2 CHINA $167,425,009,162
3 MEXICO $164,532,690,124
4 JAPAN $67,112,714,884
5 GERMANY $51,552,541,119
6 SOUTH KOREA $34,229,534,716
7 UNITED KINGDOM $32,584,296,233
8 FRANCE $24,202,553,636
9 BRAZIL $21,977,714,927
10 SAUDI ARABIA $20,869,108,860

Sri Lanka’s trade rose to $892,306,106 through April

Sri Lanka’s trade with the United States rose to $892,306,106 through the first four months of 2013, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s -2.49 percent below its total trade during the same time period last year. Sri Lanka’s exports increased 13.76 percent while imports dropped -3.87 percent. The U.S. deficit with Sri Lanka was $730,007,842.

Through April, Sri Lanka’s top U.S. Customs districts for total imports and exports were No. 1 New York City, No. 2 Cleveland, No. 3 Los Angeles, 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 Los Angeles, No. 3 Cleveland, No. 4 Atlanta/Savannah and No. 5 Charleston. In the current time period, the top five accounted for 37.76 percent of Sri Lanka’s U.S. trade.. That compares to 41.28 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 Sri Lanka,:

  • Trade with No. 1 New York City fell -40.06 percent to $205,614,351.
    Exports fell -15.87 percent to $16,904,676. Imports fell -41.56 percent to $188,709,675.
  • Trade with No. 2 Cleveland rose 68.53 percent to $173,540,243.
    Exports fell -14.91 percent to $1,051,273. Imports rose 69.54 percent to $172,488,970.
  • Trade with No. 3 Los Angeles rose 19.47 percent to $162,700,707.
    Exports fell -8.63 percent to $11,426,047. Imports rose 22.31 percent to $151,274,660.
  • Trade with No. 4 Atlanta/savannah fell -0.01 percent to $62,389,277.
    Exports fell -8.73 percent to $5,499,492. Imports rose 0.92 percent to $56,889,785.
  • Trade with No. 5 Chicago rose 29.33 percent to $43,494,022.
    Exports rose 37.04 percent to $2,151,514. Imports rose 28.95 percent to $41,342,508.

Through April, 4 Customs districts posted trade surpluses with Sri Lanka while 39 had deficits. That compares with 3 surpluses and 39 deficits for the same period one year ago. The top surplus was with Washington, D.C. at $819,070, the largest deficit was with New York City at $-171,804,999.

Meanwhile, total U.S. trade with the world decreased to $1,240,094,299,613, down -0.88 percent compared to the same period last year. The nation’s exports climbed 0.32 percent to $4,038,186,093; imports dropped -1.20 percent to $-15,017,653,007. The nation’s top five countries so far this year, by value, are Canada, China, Mexico, Japan and Germany. The overall trade deficit climbed $-214,073,880,779, down compared to the same period of last year when the deficit was $-233,129,719,879.

The top five U.S. exports to Sri Lanka by value through April were soybean oilcake, other solid residue, not ground; aircraft; misc. vegetable fats, oils; milk and cream, concentrated or sweetened; and flour, meal of oil seed, olea fruit, respectively. They accounted for 26.04 percent of total exports to Sri Lanka.

The value of the top five U.S. imports from Sri Lanka -- women's or girls' suits, not knit; men's or boys' suits, not knit; women's or girls' slips; bras, girdles, garters; and women's or girls' suits, knit or crocheted -- accounted for 41.34 percent of all inbound shipments.

Looking more closely at U.S. exports to Sri Lanka:

  • Soybean oilcake, other solid residue, not ground rose 1,613.75 percent compared to last year to $6,398,700.
  • Aircraft rose 160.29 percent compared to last year to $6,211,155.
  • Misc. vegetable fats, oils rose 86.22 percent compared to last year to $2,980,655.
  • Milk and cream, concentrated or sweetened rose 18.63 percent compared to last year to $2,939,550.
  • Flour, meal of oil seed, olea fruit rose 2,244.14 percent compared to last year to $2,602,000.

Looking more closely at U.S. imports from Sri Lanka

  • Women's or girls' suits, not knit fell -12.37 percent compared to last year to $102,230,607.
  • Men's or boys' suits, not knit fell -4.68 percent compared to last year to $61,298,906.
  • Women's or girls' slips rose 13.52 percent compared to last year to $58,766,610.
  • Bras, girdles, garters rose 15.54 percent compared to last year to $58,564,816.
  • Women's or girls' suits, knit or crocheted fell -5.60 percent compared to last year to $54,473,774.

In the latest annual figures available, Sri Lanka recorded $915,130,297 in trade with the United States. At year’s end, its top five Customs districts were New York City, Cleveland, Los Angeles, Atlanta/Savannah and Charleston. Total U.S. exports to Sri Lanka were $223,850,188 and imports from Sri Lanka were $2,257,374,964. The U.S. deficit with Sri Lanka was $-2,033,524,776.

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