March 2012

Total Exports To Taiwan

RankCommodityTotal YTD Exports
1
Electronic integrated circuits
$727,456,652
2
Machinery, parts for semiconductor manufacturing
$545,728,092
3
Scrap iron, steel
$383,799,671
4
Soybeans, whether broken or not
$205,295,080
5
Aircraft
$153,128,225
6
Miscellaneous machine parts
$152,486,459
7
Oil, not crude
$150,530,406
8
Landline, cellular phone equipment
$143,738,909
9
Cyclic hydrocarbons
$137,338,398
10
Corn
$107,801,954

Total Imports From Taiwan

RankCommodityTotal YTD Imports
1
Electronic integrated circuits
$819,430,971
2
Landline, cellular phone equipment
$433,940,176
3
Computers
$408,877,874
4
Screws, nuts, bolts, washers
$338,093,772
5
Motor vehicle parts
$320,451,861
6
Computer parts
$312,518,961
7
TVs, computer monitors
$277,062,278
8
Unrecorded media for audio
$210,934,598
9
Radar and remote control equipment
$198,168,807
10
TVs, TV equipment, camcorders, digital cameras
$191,418,637
March 2012

Top Taiwan Trading Partners

RankDistrictTotal YTD
1
Los Angeles
$3,785,387,988
2
San Francisco
$1,978,076,129
3
New York City
$1,330,015,159
4
Chicago
$971,973,519
5
Seattle
$871,526,676
6
Cleveland
$740,195,584
7
Houston
$634,636,943
8
New Orleans
$615,742,795
9
Atlanta/Savannah
$603,914,189
10
Dallas
$580,167,318

Top US Trading Partners

RankCountryTotal 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

Taiwan’s trade rose to $14,832,299,331 through March

Taiwan’s trade with the United States rose to $14,832,299,331 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s -7.72 percent below its total trade during the same time period last year. Taiwan’s exports decreased -11.90 percent while imports dropped -4.66 percent. The U.S. deficit with Taiwan was $2,860,927,667.

Through March, Taiwan’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 Chicago and No. 5 Seattle 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 Dallas and No. 5 Chicago. In the current time period, the top five accounted for 65.97 percent of Taiwan’s U.S. trade.. That compares to 79.85 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 Taiwan,:

  • Trade with No. 1 Los Angeles rose 4.50 percent to $3,785,387,988.
    Exports rose 0.85 percent to $1,605,733,337. Imports rose 7.37 percent to $2,179,654,651.
  • Trade with No. 2 San Francisco fell -5.85 percent to $1,978,076,129.
    Exports fell -9.46 percent to $1,120,687,907. Imports fell -0.67 percent to $857,388,222.
  • Trade with No. 3 New York City fell -34.62 percent to $1,330,015,159.
    Exports fell -29.68 percent to $691,618,439. Imports fell -39.25 percent to $638,396,720.
  • Trade with No. 4 Chicago fell -12.73 percent to $971,973,519.
    Exports fell -16.97 percent to $198,794,668. Imports fell -11.56 percent to $773,178,851.
  • Trade with No. 5 Seattle fell -1.35 percent to $871,526,676.
    Exports fell -25.27 percent to $355,992,781. Imports rose 26.63 percent to $515,533,895.

Through March, 12 Customs districts posted trade surpluses with Taiwan while 33 had deficits. That compares with 12 surpluses and 32 deficits for the same period one year ago. The top surplus was with San Francisco at $263,299,685, the largest deficit was with Chicago at $-574,384,183.

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 Taiwan by value through March were electronic integrated circuits; machinery, parts for semiconductor manufacturing; scrap iron, steel; soybeans, whether broken or not; and aircraft, respectively. They accounted for 33.67 percent of total exports to Taiwan.

The value of the top five U.S. imports from Taiwan -- electronic integrated circuits; landline, cellular phone equipment; computers; screws, nuts, bolts, washers; and motor vehicle parts -- accounted for 26.23 percent of all inbound shipments.

Looking more closely at U.S. exports to Taiwan:

  • Electronic integrated circuits fell -0.43 percent compared to last year to $727,456,652.
  • Machinery, parts for semiconductor manufacturing fell -34.78 percent compared to last year to $545,728,092.
  • Scrap iron, steel rose 16.96 percent compared to last year to $383,799,671.
  • Soybeans, whether broken or not fell -27.86 percent compared to last year to $205,295,080.
  • Aircraft fell -10.43 percent compared to last year to $153,128,225.

Looking more closely at U.S. imports from Taiwan

  • Electronic integrated circuits fell -3.88 percent compared to last year to $819,430,971.
  • Landline, cellular phone equipment fell -72.74 percent compared to last year to $433,940,176.
  • Computers rose 63.58 percent compared to last year to $408,877,874.
  • Screws, nuts, bolts, washers rose 9.88 percent compared to last year to $338,093,772.
  • Motor vehicle parts rose 12.29 percent compared to last year to $320,451,861.

In the latest annual figures available, Taiwan recorded $16,072,744,370 in trade with the United States. At year’s end, its top five Customs districts were Los Angeles, San Francisco, New York City, Chicago and Cleveland. Total U.S. exports to Taiwan were $25,898,410,803 and imports from Taiwan were $41,327,767,961. The U.S. deficit with Taiwan was $-15,429,357,158.


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