| March 2013 |
Top Exports To Venezuela
Total Exports To Venezuela: $3,455,728,087| Rank | Commodity | Total YTD Exports |
|---|---|---|
| 1 | Oil, not crude | $851,509,834 |
| 2 | Ethers, ether-alcohols, alcohol peroxides etc. | $177,429,626 |
| 3 | Landline, cellular phone equipment | $113,855,445 |
| 4 | Motor vehicle parts | $107,614,741 |
| 5 | Soybean oilcake, other solid residue, not ground | $89,207,017 |
| 6 | Rice | $66,866,869 |
| 7 | Low value shipments | $66,428,616 |
| 8 | Corn | $61,582,131 |
| 9 | Pumps for dispensing liquids | $57,767,579 |
| 10 | Parts for heavy machinery | $55,472,952 |
Total Imports From Venezuela
Total Imports From Venezuela: $7,848,066,875| Rank | Commodity | Total YTD |
|---|---|---|
| 1 | Oil | $6,968,816,257 |
| 2 | Oil, not crude | $576,279,925 |
| 3 | Acyclic alcohols | $88,886,652 |
| 4 | Nitrogenous fertilizers | $42,717,902 |
| 5 | Ammonia | $32,865,320 |
| 6 | Gold | $29,827,186 |
| 7 | Spongy ferrous products, iron 99.94% pure | $20,725,215 |
| 8 | Ferroalloys 7202 | $13,489,278 |
| 9 | Imports of returned exports | $11,948,671 |
| 10 | Aluminum, unwrought | $11,308,009 |
| March 2013 |
Top Venezuela Trading Partners
Total Venezuela trade: $11,303,794,962| Rank | District | Total YTD |
|---|---|---|
| 1 | Houston | $3,691,392,151 |
| 2 | New Orleans | $2,934,828,142 |
| 3 | Port Arthur, Texas | $1,635,154,282 |
| 4 | Miami | $1,336,828,218 |
| 5 | Philadelphia | $361,854,271 |
| 6 | Mobile | $347,272,581 |
| 7 | New York City | $278,399,177 |
| 8 | Jacksonville/Tampa | $240,108,588 |
| 9 | San Juan | $114,313,309 |
| 10 | Los Angeles | $80,800,517 |
Top US Trading Partners
Total U.S. trade for all countries: $919,560,909,009| Rank | Commodity | Total YTD Exports |
|---|---|---|
| 1 | CANADA | $154,229,781,187 |
| 2 | CHINA | $125,331,233,626 |
| 3 | MEXICO | $120,297,325,224 |
| 4 | JAPAN | $50,070,697,561 |
| 5 | GERMANY | $37,936,556,982 |
| 6 | SOUTH KOREA | $25,435,797,164 |
| 7 | UNITED KINGDOM | $24,776,181,741 |
| 8 | FRANCE | $17,448,501,187 |
| 9 | BRAZIL | $16,436,596,270 |
| 10 | SAUDI ARABIA | $15,342,397,281 |
Venezuela’s trade rose to $11,303,794,962 through March
Venezuela’s trade with the United States rose to $11,303,794,962 through the first three months of 2013, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s -19.66 percent below its total trade during the same time period last year. Venezuela’s exports decreased -6.99 percent while imports dropped -24.21 percent. The U.S. deficit with Venezuela was $0.
Through March, Venezuela’s top U.S. Customs districts for total imports and exports were No. 1 Houston, No. 2 New Orleans, No. 3 Port Arthur, Texas, No. 4 Miami and No. 5 Philadelphia compared to last year when the top spots were held by No. 1 Houston, No. 2 New Orleans, No. 3 Miami, No. 4 Port Arthur, Texas and No. 5 U.S. Virgin Islands. In the current time period, the top five accounted for 13.49 percent of Venezuela’s U.S. trade.. That compares to 41.27 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 Venezuela,:
- Trade with No. 1 Houston fell -30.38 percent to $3,691,392,151.
Exports rose 29.10 percent to $1,414,060,600. Imports fell -45.87 percent to $2,277,331,551. - Trade with No. 2 New Orleans fell -19.93 percent to $2,934,828,142.
Exports fell -22.16 percent to $277,474,229. Imports fell -19.69 percent to $2,657,353,913. - Trade with No. 3 Port Arthur, Texas rose 162.98 percent to $1,635,154,282.
Exports rose 181.84 percent to $133,366,400. Imports rose 161.43 percent to $1,501,787,882. - Trade with No. 4 Miami fell -17.80 percent to $1,336,828,218.
Exports fell -30.30 percent to $985,113,477. Imports rose 65.06 percent to $351,714,741. - Trade with No. 5 Philadelphia fell -15.79 percent to $361,854,271.
Exports rose 685.95 percent to $84,633,717. Imports fell -33.83 percent to $277,220,554.
Through March, 25 Customs districts posted trade surpluses with Venezuela while 15 had deficits. That compares with 17 surpluses and 20 deficits for the same period one year ago. The top surplus was with Miami at $633,398,736, the largest deficit was with New Orleans at $-2,379,879,684.
Meanwhile, total U.S. trade with the world decreased to $919,560,909,009, down -1.59 percent compared to the same period last year. The nation’s exports climbed 0.19 percent to $1,773,047,307; imports dropped -1.78 percent to $-16,591,316,281. The nation’s top five countries so far this year, by value, are Canada, China, Mexico, Japan and Germany. The overall trade deficit climbed $-152,899,878,555, down compared to the same period of last year when the deficit was $-171,264,242,143.
The top five U.S. exports to Venezuela by value through March were oil, not crude; ethers, ether-alcohols, alcohol peroxides etc.; landline, cellular phone equipment; motor vehicle parts; and soybean oilcake, other solid residue, not ground, respectively. They accounted for 38.77 percent of total exports to Venezuela.
The value of the top five U.S. imports from Venezuela -- oil; oil, not crude; acyclic alcohols; nitrogenous fertilizers; and ammonia -- accounted for 98.24 percent of all inbound shipments.
Looking more closely at U.S. exports to Venezuela:
- Oil, not crude rose 145.77 percent compared to last year to $851,509,834.
- Ethers, ether-alcohols, alcohol peroxides etc. rose 56.44 percent compared to last year to $177,429,626.
- Landline, cellular phone equipment fell -42.22 percent compared to last year to $113,855,445.
- Motor vehicle parts fell -41.52 percent compared to last year to $107,614,741.
- Soybean oilcake, other solid residue, not ground rose 32.89 percent compared to last year to $89,207,017.
Looking more closely at U.S. imports from Venezuela
- fell compared to last year to $0.
- fell compared to last year to $0.
- fell compared to last year to $0.
- fell compared to last year to $0.
- fell compared to last year to $0.
In the latest annual figures available, Venezuela recorded $14,070,773,936 in trade with the United States. At year’s end, its top five Customs districts were Houston, New Orleans, Miami, Port Arthur, Texas and Mobile. Total U.S. exports to Venezuela were $17,631,222,068 and imports from Venezuela were $38,725,772,780. The U.S. deficit with Venezuela was $-21,094,550,712.