| March 2012 |
Total Exports To Trinidad and Tobago
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Oil, not crude | $74,301,831 |
2 | Low value shipments | $30,600,496 |
3 | Parts for heavy machinery | $15,114,727 |
4 | Landline, cellular phone equipment | $11,903,217 |
5 | Misc. machinery for moving, grading | $9,262,577 |
6 | Wheat, meslin | $8,811,204 |
7 | Preparations for animal feeding | $8,184,087 |
8 | Aircraft engines, parts | $7,975,450 |
9 | Computers | $7,701,633 |
10 | Pumps for dispensing liquids | $7,479,973 |
Total Imports From Trinidad and Tobago
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Oil, not crude | $611,957,797 |
2 | Ammonia | $447,950,854 |
3 | Oil | $381,313,741 |
4 | Acyclic alcohols | $271,815,883 |
5 | Petroleum gases, other gaseous hydrocarbons | $193,050,212 |
6 | Spongy ferrous products, iron 99.94% pure | $183,669,682 |
7 | Nitrogenous fertilizers | $95,467,674 |
8 | Imports of returned exports | $16,406,769 |
9 | Heterocyclic chemical compounds | $4,632,600 |
10 | Fish, fresh or chilled | $3,541,370 |
| March 2012 |
Top Trinidad and Tobago Trading Partners
| Rank | District | Total YTD |
|---|---|---|
1 | Houston | $889,011,803 |
2 | New Orleans | $550,069,752 |
3 | Miami | $235,868,663 |
4 | Jacksonville/Tampa | $185,473,878 |
5 | Mobile | $147,666,260 |
6 | Charleston | $112,353,056 |
7 | Boston | $97,796,124 |
8 | Atlanta/Savannah | $97,246,846 |
9 | Port Arthur, Texas | $73,904,099 |
10 | San Juan | $73,068,195 |
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 |
Trinidad and Tobago’s trade rose to $2,751,171,922 through March
Trinidad and Tobago’s trade with the United States rose to $2,751,171,922 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 26.29 percent above its total trade during the same time period last year. Trinidad and Tobago’s exports increased 27.52 percent while imports rose 26.00 percent. The U.S. deficit with Trinidad and Tobago was $1,691,526,666.
Through March, Trinidad and Tobago’s top U.S. Customs districts for total imports and exports were No. 1 Houston, No. 2 New Orleans, No. 3 Miami, No. 4 Jacksonville/Tampa and No. 5 Mobile compared to last year when the top spots were held by No. 1 Houston, No. 2 New Orleans, No. 3 Miami, No. 4 Jacksonville/Tampa and No. 5 New York City. In the current time period, the top five accounted for 37.00 percent of Trinidad and Tobago’s U.S. trade.. That compares to 8.48 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 Trinidad and Tobago,:
- Trade with No. 1 Houston rose 70.57 percent to $889,011,803.
Exports rose 43.86 percent to $120,708,748. Imports rose 75.70 percent to $768,303,055. - Trade with No. 2 New Orleans rose 88.31 percent to $550,069,752.
Exports rose 118.61 percent to $57,938,332. Imports rose 85.28 percent to $492,131,420. - Trade with No. 3 Miami rose 8.90 percent to $235,868,663.
Exports rose 15.51 percent to $226,706,083. Imports fell -54.91 percent to $9,162,580. - Trade with No. 4 Jacksonville/tampa rose 1.03 percent to $185,473,878.
Exports rose 4.78 percent to $22,588,695. Imports rose 0.53 percent to $162,885,183. - Trade with No. 5 Mobile rose 75.65 percent to $147,666,260.
Exports rose 58.91 percent to $8,300,949. Imports rose 76.76 percent to $139,365,311.
Through March, 11 Customs districts posted trade surpluses with Trinidad and Tobago while 23 had deficits. That compares with 12 surpluses and 25 deficits for the same period one year ago. The top surplus was with Miami at $217,543,503, the largest deficit was with Houston at $-647,594,307.
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 Trinidad and Tobago by value through March were oil, not crude; low value shipments; parts for heavy machinery; landline, cellular phone equipment; and misc. machinery for moving, grading, respectively. They accounted for 26.65 percent of total exports to Trinidad and Tobago.
The value of the top five U.S. imports from Trinidad and Tobago -- oil, not crude; ammonia; oil; acyclic alcohols; and petroleum gases, other gaseous hydrocarbons -- accounted for 85.81 percent of all inbound shipments.
Looking more closely at U.S. exports to Trinidad and Tobago:
- Oil, not crude rose 365.90 percent compared to last year to $74,301,831.
- Low value shipments rose 25.11 percent compared to last year to $30,600,496.
- Parts for heavy machinery fell -15.81 percent compared to last year to $15,114,727.
- Landline, cellular phone equipment fell -14.79 percent compared to last year to $11,903,217.
- Misc. machinery for moving, grading rose 3,414.41 percent compared to last year to $9,262,577.
Looking more closely at U.S. imports from Trinidad and Tobago
- Oil, not crude rose 70.99 percent compared to last year to $611,957,797.
- Ammonia rose 6.33 percent compared to last year to $447,950,854.
- Oil rose 70.74 percent compared to last year to $381,313,741.
- Acyclic alcohols rose 5.10 percent compared to last year to $271,815,883.
- Petroleum gases, other gaseous hydrocarbons fell -16.63 percent compared to last year to $193,050,212.
In the latest annual figures available, Trinidad and Tobago recorded $2,178,401,469 in trade with the United States. At year’s end, its top five Customs districts were Houston, New Orleans, Miami, Jacksonville/Tampa and Port Arthur, Texas. Total U.S. exports to Trinidad and Tobago were $2,217,743,967 and imports from Trinidad and Tobago were $8,119,330,583. The U.S. deficit with Trinidad and Tobago was $-5,901,586,616.