| March 2013 |
Top Exports From Duluth, Minn.
Total Exports From Duluth, Minn.: $1,414,646,686| Rank | Commodity | Total YTD Exports |
|---|---|---|
| 1 | Oil, not crude | $171,096,198 |
| 2 | Misc. iron, steel tubes, pipes | $118,937,337 |
| 3 | Motor vehicle parts | $57,837,190 |
| 4 | Motor vehicles for transporting people | $48,937,952 |
| 5 | Insecticides, fungicides | $41,539,975 |
| 6 | Iron and steel pipes and tubing | $38,883,873 |
| 7 | Petroleum gases, other gaseous hydrocarbons | $36,912,951 |
| 8 | Angles, shapes, sections, iron and nonalloy steel | $31,110,259 |
| 9 | Sands, except metal-bearing | $28,026,521 |
| 10 | Ethyl alcohol | $27,559,526 |
Top Imports To Duluth, Minn.
Total Imports To Duluth, Minn.: $2,288,417,446| Rank | Commodity | Total YTD |
|---|---|---|
| 1 | Oil | $302,974,065 |
| 2 | Potassic fertilizers | $287,524,035 |
| 3 | Wood, sawed or chipped, greater than 6 meters thic | $286,959,886 |
| 4 | Polymers of ethylene | $265,462,397 |
| 5 | Chemical woodpulp, not dissolving grade | $179,926,917 |
| 6 | Rapeseed, colza or mustard oil | $96,713,778 |
| 7 | Petroleum gases, other gaseous hydrocarbons | $62,187,424 |
| 8 | Furniture, parts | $52,654,789 |
| 9 | Particle board | $51,826,800 |
| 10 | Seats, excluding barber, dental | $47,397,407 |
| March 2013 |
Top Duluth, Minn. Trading Partners
Total Duluth, Minn. trade: $3,703,064,132| Rank | Country | Total YTD |
|---|---|---|
| 1 | CANADA | $3,304,921,042 |
| 2 | CHINA | $203,940,288 |
| 3 | SOUTH KOREA | $38,438,005 |
| 4 | JAPAN | $30,632,073 |
| 5 | VIETNAM | $30,103,194 |
| 6 | THAILAND | $27,156,066 |
| 7 | TAIWAN | $19,223,032 |
| 8 | FRANCE | $12,042,824 |
| 9 | MALAYSIA | $9,307,886 |
| 10 | INDONESIA | $7,096,151 |
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 |
Duluth, Minn.’s trade increases 29.35 percent through March
Duluth, Minn.’s trade with the world rose to $3,703,064,132 through the first three months of 2013, according to a WorldCity analysis of the latest U.S. Census Bureau data. That’s 29.35 percent increases the Customs district’s total trade during the same time period last year. The district’s exports increased 39.85 percent while imports rose 23.61 percent.
Through March the district’s top trade partners were No. 1 Canada, No. 2 China, No. 3 South Korea, No. 4 Japan and No. 5 Vietnam. Through the first three months of the last year, top five spots were held by Canada, China, Vietnam, Japan and Taiwan, respectively.
Taking a closer look at the leading trade partners with Duluth, Minn.:
- No.1 Canada’s trade rose 28.05 percent to $3,304,921,042.
Exports rose 33.93 percent to $1,187,432,214. Imports rose 24.97 percent to $2,117,488,828. - No.2 China’s trade rose 28.44 percent to $203,940,288.
Exports rose 72.35 percent to $95,869,200. Imports rose 4.76 percent to $108,071,088. - No.3 South Korea’s trade rose 321.27 percent to $38,438,005.
Exports rose 320.74 percent to $38,300,937. Imports rose 551.71 percent to $137,068. - No.4 Japan’s trade rose 28.89 percent to $30,632,073.
Exports rose 18.89 percent to $22,251,932. Imports rose 65.95 percent to $8,380,141. - No.5 Vietnam’s trade fell -0.29 percent to $30,103,194.
Exports rose 60.27 percent to $4,307,668. Imports fell -6.21 percent to $25,795,526.
Duluth, Minn.’s top five trading partners through March accounted for 97.43 percent of its trade with the world. The U.S. average for the same period was 53.05 percent.
Duluth, Minn. had trade surpluses with 16 countries and deficits with 15 through March. That compares with 17 surpluses and 21 deficits for the same period one year earlier. The top three surpluses through March of this year were with South Korea, $38,163,869; Thailand, $27,156,066; and Japan, $13,871,791. The top three deficits were with Canada ($930,056,614), Vietnam ($21,487,858) and China ($12,201,888).
Meanwhile, total U.S. trade 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 as imports dropped -1.78 percent to $-16,591,316,281. The nation’s top five trade districts so far this year, by value, are Los Angeles, New York City, Detroit, Laredo and New Orleans. 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.
Duluth, Minn.’s top five exports by value through March were oil, not crude; misc. iron, steel tubes, pipes; motor vehicle parts; motor vehicles for transporting people; and insecticides, fungicides, in that order. Those accounted for 30.99 percent of its total outbound trade. The value of the district’s top five imports, , , and and , accounted for 0.00 percent of all inbound shipments.
Looking more closely at Duluth, Minn. exports:
- Oil, not crude rose 19.74 percent compared to last year to $171,096,198.
- Misc. iron, steel tubes, pipes rose 4,049.76 percent compared to last year to $118,937,337.
- Motor vehicle parts rose 431.38 percent compared to last year to $57,837,190.
- Motor vehicles for transporting people rose 74.06 percent compared to last year to $48,937,952.
- Insecticides, fungicides rose 14.00 percent compared to last year to $41,539,975.
On the import side:
- fell compared to last year to $0. The total for the comparable period in 2012 was $0 so a percentage cannot be calculated.
- fell compared to last year to $0. The total for the comparable period in 2012 was $0 so a percentage cannot be calculated.
- fell compared to last year to $0. The total for the comparable period in 2012 was $0 so a percentage cannot be calculated.
- fell compared to last year to $0. The total for the comparable period in 2012 was $0 so a percentage cannot be calculated.
- fell compared to last year to $0. The total for the comparable period in 2012 was $0 so a percentage cannot be calculated.
Last year the Duluth, Minn. district posted total trade with the world of $13,013,866,662. The district’s deficit was $-3,755,133,664. At year end, the region’s top five partners were Canada, China, Vietnam, Japan and Taiwan. Exports totaled $4,629,366,499 and imports came to $8,384,500,163.