| March 2012 |
Total Exports From Honolulu
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Aircraft | $1,986,880,215 |
2 | Aircraft parts | $69,890,790 |
3 | Medical instruments for surgeons, dentists, vets | $37,661,606 |
4 | Landline, cellular phone equipment | $35,482,547 |
5 | Computers | $22,402,965 |
6 | Orthopedic appliances, artificial body parts | $20,291,612 |
7 | Scrap iron, steel | $19,730,063 |
8 | Natural waters | $6,669,302 |
9 | Books, brochures | $6,590,556 |
10 | Paper, paperboard scrap | $5,520,962 |
Total Imports To Honolulu
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Oil | $1,183,064,023 |
2 | Aircraft | $115,600,000 |
3 | Motor vehicles for transporting people | $58,289,987 |
4 | Imports of returned exports | $56,887,978 |
5 | Oil, not crude | $35,921,970 |
6 | Photo-sensitive semi-conductors, parts | $20,727,003 |
7 | Petroleum products | $18,587,546 |
8 | Travel goods, including handbags, wallets, jewelry | $13,528,569 |
9 | Furniture, parts | $6,755,906 |
10 | Wrist and pocket watches, not precious metals | $6,542,372 |
| March 2012 |
Top Honolulu Trading Partners
| Rank | Country | Total YTD |
|---|---|---|
1 | CHINA | $820,735,147 |
2 | AUSTRALIA | $593,432,351 |
3 | INDONESIA | $450,220,384 |
4 | JAPAN | $420,143,053 |
5 | SOUTH KOREA | $320,785,677 |
6 | THAILAND | $302,941,591 |
7 | ANGOLA | $199,578,611 |
8 | SAUDI ARABIA | $195,203,374 |
9 | RUSSIA | $151,225,747 |
10 | FRANCE | $128,714,034 |
Top US Trading Partners
| Rank | Country | Total YTD |
|---|---|---|
1 | CANADA | $153,987,495,076 |
2 | MEXICO | $122,398,351,478 |
3 | CHINA | $120,983,448,879 |
4 | JAPAN | $54,762,867,594 |
5 | GERMANY | $38,277,050,668 |
6 | UNITED KINGDOM | $28,840,373,748 |
7 | SOUTH KOREA | $25,150,256,689 |
8 | BRAZIL | $19,088,773,913 |
9 | SAUDI ARABIA | $18,638,133,172 |
10 | FRANCE | $17,857,130,070 |
Honolulu’s trade increases 57.65 percent through March
Honolulu’s trade with the world rose to $4,043,515,233 through the first three months of 2012, according to a WorldCity analysis of the latest U.S. Census Bureau data. That’s 57.65 percent increases the Customs district’s total trade during the same time period last year. The district’s exports increased 95.25 percent while imports rose 23.23 percent.
Through March the district’s top trade partners were No. 1 China, No. 2 Australia, No. 3 Indonesia, No. 4 Japan and No. 5 South Korea. Through the first three months of the last year, top five spots were held by China, Indonesia, Saudi Arabia, Australia and Russia, respectively.
Taking a closer look at the leading trade partners with Honolulu:
- No.1 China’s trade rose 71.40 percent to $820,735,147.
Exports rose 92.86 percent to $737,024,884. Imports fell -13.42 percent to $83,710,263. - No.2 Australia’s trade rose 132.77 percent to $593,432,351.
Exports rose 126.43 percent to $547,406,729. Imports rose 248.90 percent to $46,025,622. - No.3 Indonesia’s trade fell -5.16 percent to $450,220,384.
Exports rose 137.73 percent to $358,644,936. Imports fell -71.72 percent to $91,575,448. - No.4 Japan’s trade rose 215.34 percent to $420,143,053.
Exports rose 351.97 percent to $341,097,241. Imports rose 36.84 percent to $79,045,812. - No.5 South Korea’s trade rose 219.36 percent to $320,785,677.
Exports rose 206.78 percent to $267,536,069. Imports rose 302.18 percent to $53,249,608.
Honolulu’s top five trading partners through March accounted for 64.43 percent of its trade with the world. The U.S. average for the same period was 52.49 percent.
Honolulu had trade surpluses with 30 countries and deficits with 57 through March. That compares with 29 surpluses and 63 deficits for the same period one year earlier. The top three surpluses through March of this year were with China, $653,314,621; Australia, $501,381,107; and Indonesia, $267,069,488. The top three deficits were with Thailand ($300,409,215), Angola ($199,578,611) and Saudi Arabia ($195,203,374).
Meanwhile, total U.S. trade increased to $934,379,177,983, up 8.63 percent compared to the same period last year. The nation’s exports climbed 3.54 percent to $30,467,217,700 as imports rose 5.09 percent to $43,800,507,934. The nation’s top five trade districts so far this year, by value, are New York City, Los Angeles, Houston, Detroit and Laredo. The overall trade deficit was $-171,264,242,143, up compared to the same period of last year when the deficit was $-157,930,951,909.
Honolulu’s top five exports by value through March were aircraft; aircraft parts; medical instruments for surgeons, dentists, vets; landline, cellular phone equipment; and computers, in that order. Those accounted for 89.92 percent of its total outbound trade. The value of the district’s top five imports, oil, aircraft, motor vehicles for transporting people and imports of returned exportsoil, not crude and , accounted for 87.86 percent of all inbound shipments.
Looking more closely at Honolulu exports:
- Aircraft rose 119.51 percent compared to last year to $1,986,880,215.
- Aircraft parts rose 1,523.22 percent compared to last year to $69,890,790.
- Medical instruments for surgeons, dentists, vets rose 35.37 percent compared to last year to $37,661,606.
- Landline, cellular phone equipment rose 89.37 percent compared to last year to $35,482,547.
- Computers rose 84.60 percent compared to last year to $22,402,965.
On the import side:
- Oil rose 7.03 percent compared to last year to $1,183,064,023.
- Aircraft rose compared to last year to $115,600,000. The total for the comparable period in 2011 was $0 so a percentage cannot be calculated.
- Motor vehicles for transporting people rose 37.47 percent compared to last year to $58,289,987.
- Imports of returned exports rose 57.34 percent compared to last year to $56,887,978.
- Oil, not crude rose 583,238.26 percent compared to last year to $35,921,970.
Last year the Honolulu district posted total trade with the world of $13,103,918,474. The district’s surplus was $1,799,273,504. At year end, the region’s top five partners were China, Australia, Indonesia, Saudi Arabia and Russia. Exports totaled $7,451,595,989 and imports came to $5,652,322,485.