Top Atlanta/Savannah Trading Partners

Top US Trading Partners

Atlanta/Savannah’s trade increases 15.93 percent through December

Atlanta/Savannah’s trade with the world rose to $126,110,057,739 through the first 12 months of 2011, according to a WorldCity analysis of the latest U.S. Census Bureau data. That’s 15.93 percent increases the Customs district’s total trade during the same time period last year. The district’s exports increased 21.47 percent while imports rose 12.62 percent.

Through December the district’s top trade partners were No. 1 China, No. 2 Germany, No. 3 Japan, No. 4 South Korea and No. 5 Australia. Through the first 12 months of the last year, top five spots were held by China, Germany, Japan, South Korea and United Kingdom, respectively.

Taking a closer look at the leading trade partners with Atlanta/Savannah:

• No.1 China’s trade rose 13.29 percent to $27,528,972,138.
  Exports rose 28.85 percent to $6,338,391,011. Imports rose 9.34 percent to $21,190,581,127.
• No.2 Germany’s trade rose 21.13 percent to $14,347,530,792.
  Exports rose 12.93 percent to $3,671,418,509. Imports rose 24.24 percent to $10,676,112,283.
• No.3 Japan’s trade rose 17.12 percent to $7,752,985,885.
  Exports rose 23.40 percent to $1,764,652,759. Imports rose 15.39 percent to $5,988,333,126.
• No.4 South Korea’s trade rose 33.46 percent to $7,303,452,549.
  Exports rose 11.22 percent to $1,819,020,604. Imports rose 42.94 percent to $5,484,431,945.
• No.5 Australia’s trade rose 40.94 percent to $5,265,856,848.
  Exports rose 47.60 percent to $4,650,477,292. Imports rose 5.11 percent to $615,379,556.

Atlanta/Savannah’s top five trading partners through December accounted for 49.32 percent of its trade with the world. The U.S. average for the same period was 51.62 percent.

Atlanta/Savannah had trade surpluses with 161 countries and deficits with 64 through December. That compares with 153 surpluses and 69 deficits for the same period one year earlier. The top three surpluses through December of this year were with Australia, $4,035,097,736; Hong Kong, $1,438,642,370; and Singapore, $1,022,739,665. The top three deficits were with China ($14,852,190,116), Germany ($7,004,693,774) and Japan ($4,223,680,367).

Meanwhile, total U.S. trade increased to $3,687,481,148,857, up 15.61 percent compared to the same period last year. The nation’s exports climbed 6.37 percent to $203,048,192,676 as imports rose 9.24 percent to $294,837,399,059. The nation’s top five trade districts so far this year, by value, are New York City, Los Angeles, Houston, Detroit and New Orleans. The overall trade deficit was $-726,376,899,731, up compared to the same period of last year when the deficit was $-634,587,693,348.

Atlanta/Savannah’s top five exports by value through December were aircraft; motor vehicles for transporting people; motor vehicles for transporting goods; chemical woodpulp, not dissolving grade; and cotton, not carded or combed, in that order. Those accounted for 27.56 percent of its total outbound trade. The value of the district’s top five imports, motor vehicles for transporting people, computers, medicine and motor vehicle partslandline, cellular phone equipment and , accounted for 30.23 percent of all inbound shipments.

Looking more closely at Atlanta/Savannah exports:

• Aircraft rose 7.75 percent compared to last year to $5,203,670,366.
• Motor vehicles for transporting people rose 39.62 percent compared to last year to $3,954,978,327.
• Motor vehicles for transporting goods rose 113.77 percent compared to last year to $1,671,794,191.
• Chemical woodpulp, not dissolving grade rose 3.08 percent compared to last year to $1,473,233,757.
• Cotton, not carded or combed rose 57.36 percent compared to last year to $1,334,858,346.

On the import side:

• Motor vehicles for transporting people rose 26.31 percent compared to last year to $10,103,352,630.
• Computers fell -5.94 percent compared to last year to $4,764,657,566.
• Medicine fell -20.32 percent compared to last year to $3,814,618,843.
• Motor vehicle parts rose 27.20 percent compared to last year to $2,564,329,643.
• Landline, cellular phone equipment rose 32.63 percent compared to last year to $1,911,385,883.

Last year the Atlanta/Savannah district posted total trade with the world of $108,778,001,111. The district’s deficit was $-27,285,870,777. At year end, the region’s top five partners were China, Germany, Japan, South Korea and United Kingdom. Exports totaled $40,746,065,167 and imports came to $68,031,935,944.