| March 2012 |
Total Exports To Turkey
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Scrap iron, steel | $654,348,513 |
2 | Aircraft | $370,029,854 |
3 | Oil, not crude | $220,054,935 |
4 | Cotton, not carded or combed | $218,200,035 |
5 | Coal, briquettes | $177,632,332 |
6 | Aircraft parts | $144,908,493 |
7 | Soybeans, whether broken or not | $83,560,116 |
8 | Almonds, walnuts, pistachios, hazelnuts, etc. | $53,248,128 |
9 | Polymers of vinyl chloride | $51,693,756 |
10 | Motor vehicles for transporting people | $40,509,930 |
Total Imports From Turkey
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Iron and steel bars and rods | $224,572,831 |
2 | Motor vehicles for transporting people | $121,517,174 |
3 | Raw tobacco | $92,402,568 |
4 | Iron and steel pipes and tubing | $69,368,722 |
5 | Stone monuments, similar artwork | $63,337,437 |
6 | Aircraft engines, parts | $46,160,985 |
7 | Taps, cocks and valves for pipes, tanks | $44,114,793 |
8 | Aircraft parts | $42,853,995 |
9 | Carpets & Oth Text Floor Cover, Woven, No Tuf 5702 | $39,192,797 |
10 | Motor vehicle parts | $34,553,379 |
| March 2012 |
Top Turkey Trading Partners
| Rank | District | Total YTD |
|---|---|---|
1 | New York City | $858,319,911 |
2 | Houston | $834,740,745 |
3 | New Orleans | $502,263,119 |
4 | Atlanta/Savannah | $448,085,010 |
5 | Norfolk | $278,287,438 |
6 | Seattle | $192,150,507 |
7 | Los Angeles | $191,129,546 |
8 | Baltimore | $181,293,625 |
9 | Norfolk/Mobile/Charleston | $145,107,817 |
10 | Philadelphia | $142,288,163 |
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 |
Turkey’s trade rose to $4,807,422,562 through March
Turkey’s trade with the United States rose to $4,807,422,562 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s -9.73 percent below its total trade during the same time period last year. Turkey’s exports decreased -21.66 percent while imports rose 28.45 percent. The U.S. surplus with Turkey was $1,549,429,864.
Through March, Turkey’s top U.S. Customs districts for total imports and exports were No. 1 New York City, No. 2 Houston, No. 3 New Orleans, No. 4 Atlanta/Savannah and No. 5 Norfolk compared to last year when the top spots were held by No. 1 Houston, No. 2 New York City, No. 3 Seattle, No. 4 Atlanta/Savannah and No. 5 New Orleans. In the current time period, the top five accounted for 64.54 percent of Turkey’s U.S. trade.. That compares to 82.27 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 Turkey,:
- Trade with No. 1 New York City rose 7.50 percent to $858,319,911.
Exports rose 8.60 percent to $554,816,134. Imports rose 5.55 percent to $303,503,777. - Trade with No. 2 Houston fell -7.61 percent to $834,740,745.
Exports fell -26.44 percent to $589,070,727. Imports rose 139.27 percent to $245,670,018. - Trade with No. 3 New Orleans rose 20.89 percent to $502,263,119.
Exports rose 2.70 percent to $400,649,468. Imports rose 300.44 percent to $101,613,651. - Trade with No. 4 Atlanta/savannah fell -20.82 percent to $448,085,010.
Exports fell -31.27 percent to $315,453,226. Imports rose 24.06 percent to $132,631,784. - Trade with No. 5 Norfolk rose 15.32 percent to $278,287,438.
Exports rose 15.81 percent to $129,170,179. Imports rose 14.90 percent to $149,117,259.
Through March, 23 Customs districts posted trade surpluses with Turkey while 21 had deficits. That compares with 28 surpluses and 17 deficits for the same period one year ago. The top surplus was with Houston at $343,400,709, the largest deficit was with Baltimore at $-100,458,997.
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 Turkey by value through March were scrap iron, steel; aircraft; oil, not crude; cotton, not carded or combed; and coal, briquettes, respectively. They accounted for 51.61 percent of total exports to Turkey.
The value of the top five U.S. imports from Turkey -- iron and steel bars and rods; motor vehicles for transporting people; raw tobacco; iron and steel pipes and tubing; and stone monuments, similar artwork -- accounted for 35.06 percent of all inbound shipments.
Looking more closely at U.S. exports to Turkey:
- Scrap iron, steel rose 59.57 percent compared to last year to $654,348,513.
- Aircraft fell -57.33 percent compared to last year to $370,029,854.
- Oil, not crude rose 3,582.83 percent compared to last year to $220,054,935.
- Cotton, not carded or combed fell -63.25 percent compared to last year to $218,200,035.
- Coal, briquettes rose 25.85 percent compared to last year to $177,632,332.
Looking more closely at U.S. imports from Turkey
- Iron and steel bars and rods rose compared to last year to $224,572,831.
- Motor vehicles for transporting people rose 8.44 percent compared to last year to $121,517,174.
- Raw tobacco rose 27.64 percent compared to last year to $92,402,568.
- Iron and steel pipes and tubing rose 129.24 percent compared to last year to $69,368,722.
- Stone monuments, similar artwork rose 2.72 percent compared to last year to $63,337,437.
In the latest annual figures available, Turkey recorded $5,325,476,802 in trade with the United States. At year’s end, its top five Customs districts were New York City, Houston, Seattle, Atlanta/Savannah and New Orleans. Total U.S. exports to Turkey were $14,631,841,316 and imports from Turkey were $5,219,840,135. The U.S. surplus with Turkey was $9,412,001,181.