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April 2013

Top Exports From Charleston

Total Exports From Charleston: $8,565,030,118
RankCommodityTotal YTD Exports
1Motor vehicles for transporting people $2,294,981,961
2Rubber tires $268,570,832
3Aircraft $226,756,308
4Aircraft engines, parts $204,685,415
5Polyethers, epoxides and polyesters, primary forms $202,549,196
6Aluminum plates, sheets, strip more than 0.2mm thi $140,475,591
7Rum, gin, vodka, other liquors $136,727,181
8Motor vehicle parts $134,428,485
9Harvesting machinery for poultry $116,225,401
10Artificial filament tow $114,991,372

Top Imports To Charleston

Total Imports To Charleston: $13,298,710,571
RankCommodityTotal YTD
1Medicine $1,011,057,951
2Motor vehicle parts $917,167,664
3Aircraft parts $442,114,071
4Internal combustion engines, including aircraft $425,758,610
5Rubber tires $332,222,410
6Misc. raw materials for industrial manufacturing $303,678,252
7Pumps for dispensing liquids $274,260,210
8Oil, not crude $248,636,386
9Linens for bed, bath and kitchen $235,534,168
10Taps, cocks and valves for pipes, tanks $232,089,572
April 2013

Top Charleston Trading Partners

Total Charleston trade: $21,863,740,689
RankCountryTotal YTD
1GERMANY $5,294,289,233
2CHINA $2,965,268,652
3INDIA $1,063,997,830
4UNITED KINGDOM $1,007,237,771
5JAPAN $901,086,306
6FRANCE $887,249,960
7BRAZIL $593,004,799
8NETHERLANDS $573,526,254
9BELGIUM $543,411,517
10AUSTRALIA $499,223,458

Top US Trading Partners

Total U.S. trade for all countries: $1,240,094,299,613
Rank Commodity Total YTD Exports
1 CANADA $208,978,587,734
2 CHINA $167,425,009,162
3 MEXICO $164,532,690,124
4 JAPAN $67,112,714,884
5 GERMANY $51,552,541,119
6 SOUTH KOREA $34,229,534,716
7 UNITED KINGDOM $32,584,296,233
8 FRANCE $24,202,553,636
9 BRAZIL $21,977,714,927
10 SAUDI ARABIA $20,869,108,860

Charleston’s trade increases 2.45 percent through April

Charleston’s trade with the world rose to $21,863,740,689 through the first four months of 2013, according to a WorldCity analysis of the latest U.S. Census Bureau data. That’s 2.45 percent increases the Customs district’s total trade during the same time period last year. The district’s exports increased 8.28 percent while imports dropped -0.98 percent.

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

Taking a closer look at the leading trade partners with Charleston:

  • No.1 Germany’s trade rose 0.36 percent to $5,294,289,233.
    Exports fell -19.14 percent to $1,324,242,640. Imports rose 9.15 percent to $3,970,046,593.
  • No.2 China’s trade rose 18.84 percent to $2,965,268,652.
    Exports rose 36.98 percent to $1,491,846,758. Imports rose 4.79 percent to $1,473,421,894.
  • No.3 India’s trade rose 10.22 percent to $1,063,997,830.
    Exports rose 62.64 percent to $298,468,599. Imports fell -2.08 percent to $765,529,231.
  • No.4 United Kingdom’s trade fell -20.80 percent to $1,007,237,771.
    Exports fell -8.59 percent to $565,308,717. Imports fell -32.35 percent to $441,929,054.
  • No.5 Japan’s trade fell -3.64 percent to $901,086,306.
    Exports fell -29.57 percent to $217,971,717. Imports rose 9.19 percent to $683,114,589.

Charleston’s top five trading partners through April accounted for 51.37 percent of its trade with the world. The U.S. average for the same period was 53.19 percent.

Charleston had trade surpluses with 100 countries and deficits with 72 through April. That compares with 92 surpluses and 83 deficits for the same period one year earlier. The top three surpluses through April of this year were with Australia, $316,960,502; Saudi Arabia, $288,712,281; and Netherlands, $258,409,070. The top three deficits were with Germany ($2,645,803,953), India ($467,060,632) and Japan ($465,142,872).

Meanwhile, total U.S. trade decreased to $1,240,094,299,613, down -0.88 percent compared to the same period last year. The nation’s exports climbed 0.32 percent to $4,038,186,093 as imports dropped -1.20 percent to $-15,017,653,007. The nation’s top five trade districts so far this year, by value, are Los Angeles, New York City, Laredo, Houston and Detroit. The overall trade deficit climbed $-214,073,880,779, down compared to the same period of last year when the deficit was $-233,129,719,879.

Charleston’s top five exports by value through April were motor vehicles for transporting people; rubber tires; aircraft; aircraft engines, parts; and polyethers, epoxides and polyesters, primary forms, in that order. Those accounted for 37.33 percent of its total outbound trade. The value of the district’s top five imports, medicine; motor vehicle parts; aircraft parts; internal combustion engines, including aircraft; and rubber tires, accounted for 23.52 percent of all inbound shipments.

Looking more closely at Charleston exports:

  • Motor vehicles for transporting people fell -8.03 percent compared to last year to $2,294,981,961.
  • Rubber tires rose 70.10 percent compared to last year to $268,570,832.
  • Aircraft rose 736.08 percent compared to last year to $226,756,308.
  • Aircraft engines, parts fell -60.81 percent compared to last year to $204,685,415.
  • Polyethers, epoxides and polyesters, primary forms rose 3.82 percent compared to last year to $202,549,196.

On the import side:

  • Medicine rose 13.33 percent compared to last year to $1,011,057,951.
  • Motor vehicle parts fell -3.33 percent compared to last year to $917,167,664.
  • Aircraft parts rose 20.89 percent compared to last year to $442,114,071.
  • Internal combustion engines, including aircraft fell -22.93 percent compared to last year to $425,758,610.
  • Rubber tires rose 0.21 percent compared to last year to $332,222,410.

Last year the Charleston district posted total trade with the world of $64,575,259,898. The district’s deficit was $-14,716,765,634. At year end, the region’s top five partners were Germany, China, United Kingdom, India and Japan. Exports totaled $24,929,247,132 and imports came to $39,646,012,766.

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