Top Exports From CharlestonTotal Exports From Charleston: $8,565,030,118
|Rank||Commodity||Total YTD Exports|
|1||Motor vehicles for transporting people||$2,294,981,961|
|4||Aircraft engines, parts||$204,685,415|
|5||Polyethers, epoxides and polyesters, primary forms||$202,549,196|
|6||Aluminum plates, sheets, strip more than 0.2mm thi||$140,475,591|
|7||Rum, gin, vodka, other liquors||$136,727,181|
|8||Motor vehicle parts||$134,428,485|
|9||Harvesting machinery for poultry||$116,225,401|
|10||Artificial filament tow||$114,991,372|
Top Imports To CharlestonTotal Imports To Charleston: $13,298,710,571
|2||Motor vehicle parts||$917,167,664|
|4||Internal combustion engines, including aircraft||$425,758,610|
|6||Misc. raw materials for industrial manufacturing||$303,678,252|
|7||Pumps for dispensing liquids||$274,260,210|
|8||Oil, not crude||$248,636,386|
|9||Linens for bed, bath and kitchen||$235,534,168|
|10||Taps, cocks and valves for pipes, tanks||$232,089,572|
Top Charleston Trading PartnersTotal Charleston trade: $21,863,740,689
Top US Trading PartnersTotal U.S. trade for all countries: $1,240,094,299,613
|Rank||Commodity||Total YTD Exports|
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.