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April 2013

Top Exports From Chicago

Total Exports From Chicago: $12,357,211,750
RankCommodityTotal YTD Exports
1Medicine $1,791,906,917
2Aircraft $1,654,691,516
3Medical instruments for surgeons, dentists, vets $828,218,034
4Orthopedic appliances, artificial body parts $421,866,404
5Human blood, animal blood, plasma, vaccines $399,699,669
6Computers $383,887,896
7Landline, cellular phone equipment $327,250,495
8Misc. medical chemical re-agents $279,142,776
9Medical equipment for physicals $238,143,990
10Aircraft engines, parts $234,252,979

Top Imports To Chicago

Total Imports To Chicago: $48,087,897,846
RankCommodityTotal YTD
1Oil $7,437,654,914
2Landline, cellular phone equipment $5,373,558,137
3Computers $3,635,975,962
4Medicine $3,098,884,025
5Imports of returned exports $1,633,253,110
6Human blood, animal blood, plasma, vaccines $1,341,898,419
7Motor vehicle parts $1,236,212,169
8Heterocyclic chemical compounds $1,026,447,718
9TVs, TV equipment, camcorders, digital cameras $724,071,666
10Power supplies, transformers $469,935,830
April 2013

Top Chicago Trading Partners

Total Chicago trade: $60,445,109,596
RankCountryTotal YTD
1CHINA $17,059,474,071
2CANADA $7,738,492,670
3JAPAN $5,797,592,028
4GERMANY $3,692,645,159
5SOUTH KOREA $2,374,151,361
6SWITZERLAND $2,123,081,420
7IRELAND $2,005,791,263
8UNITED KINGDOM $1,791,984,701
9FRANCE $1,688,181,916
10NETHERLANDS $1,652,159,458

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

Chicago’s trade increases 1.74 percent through April

Chicago’s trade with the world rose to $60,445,109,596 through the first four months of 2013, according to a WorldCity analysis of the latest U.S. Census Bureau data. That’s 1.74 percent increases the Customs district’s total trade during the same time period last year. The district’s exports decreased -2.17 percent while imports rose 2.79 percent.

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

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

  • No.1 China’s trade rose 12.07 percent to $17,059,474,071.
    Exports rose 15.76 percent to $1,508,030,989. Imports rose 11.73 percent to $15,551,443,082.
  • No.2 Canada’s trade fell -8.53 percent to $7,738,492,670.
    Exports rose 41.04 percent to $30,612,954. Imports fell -8.65 percent to $7,707,879,716.
  • No.3 Japan’s trade fell -3.35 percent to $5,797,592,028.
    Exports fell -12.29 percent to $1,260,808,576. Imports fell -0.54 percent to $4,536,783,452.
  • No.4 Germany’s trade fell -2.35 percent to $3,692,645,159.
    Exports fell -4.11 percent to $1,176,991,908. Imports fell -1.50 percent to $2,515,653,251.
  • No.5 South Korea’s trade fell -2.84 percent to $2,374,151,361.
    Exports fell -3.39 percent to $620,513,105. Imports fell -2.64 percent to $1,753,638,256.

Chicago’s top five trading partners through April accounted for 60.65 percent of its trade with the world. The U.S. average for the same period was 53.19 percent.

Chicago had trade surpluses with 108 countries and deficits with 99 through April. That compares with 111 surpluses and 92 deficits for the same period one year earlier. The top three surpluses through April of this year were with Hong Kong, $262,466,409; France, $217,938,436; and Singapore, $200,085,390. The top three deficits were with China ($14,043,412,093), Canada ($7,677,266,762) and Japan ($3,275,974,876).

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.

Chicago’s top five exports by value through April were medicine; aircraft; medical instruments for surgeons, dentists, vets; orthopedic appliances, artificial body parts; and human blood, animal blood, plasma, vaccines, in that order. Those accounted for 41.24 percent of its total outbound trade. The value of the district’s top five imports, oil; landline, cellular phone equipment; computers; medicine; and imports of returned exports, accounted for 44.04 percent of all inbound shipments.

Looking more closely at Chicago exports:

  • Medicine rose 24.39 percent compared to last year to $1,791,906,917.
  • Aircraft fell -6.79 percent compared to last year to $1,654,691,516.
  • Medical instruments for surgeons, dentists, vets rose 3.60 percent compared to last year to $828,218,034.
  • Orthopedic appliances, artificial body parts fell -10.08 percent compared to last year to $421,866,404.
  • Human blood, animal blood, plasma, vaccines rose 16.53 percent compared to last year to $399,699,669.

On the import side:

  • Oil fell -8.77 percent compared to last year to $7,437,654,914.
  • Landline, cellular phone equipment rose 26.84 percent compared to last year to $5,373,558,137.
  • Computers rose 2.52 percent compared to last year to $3,635,975,962.
  • Medicine rose 20.15 percent compared to last year to $3,098,884,025.
  • Imports of returned exports fell -20.90 percent compared to last year to $1,633,253,110.

Last year the Chicago district posted total trade with the world of $187,597,097,489. The district’s deficit was $-111,308,079,875. At year end, the region’s top five partners were China, Canada, Japan, Germany and South Korea. Exports totaled $38,144,508,807 and imports came to $149,452,588,682.

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