| March 2012 |
Total Exports From Los Angeles
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Cotton, not carded or combed | $1,410,986,353 |
2 | Aircraft | $1,232,713,510 |
3 | Motor vehicles for transporting people | $872,285,902 |
4 | Diamonds, not mounted | $828,057,306 |
5 | Electronic integrated circuits | $593,927,451 |
6 | Medical instruments for surgeons, dentists, vets | $593,456,476 |
7 | Scrap iron, steel | $557,790,153 |
8 | Landline, cellular phone equipment | $548,425,449 |
9 | Computers | $484,207,517 |
10 | Copper waste and scrap | $435,884,233 |
Total Imports To Los Angeles
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Computers | $5,129,179,984 |
2 | Motor vehicles for transporting people | $4,469,367,523 |
3 | Oil | $3,928,736,859 |
4 | Printers, all types, parts | $2,307,227,097 |
5 | TVs, computer monitors | $1,704,513,090 |
6 | Landline, cellular phone equipment | $1,690,701,412 |
7 | Photo-sensitive semi-conductors, parts | $1,556,367,180 |
8 | Footware, sole of rubber, plastic or leather; uppe | $1,466,850,754 |
9 | Women's or girls' suits, not knit | $1,153,476,816 |
10 | Rubber tires | $1,119,045,437 |
| March 2012 |
Top Los Angeles Trading Partners
| Rank | Country | Total YTD |
|---|---|---|
1 | CHINA | $36,244,387,606 |
2 | JAPAN | $11,894,823,905 |
3 | SOUTH KOREA | $5,765,644,484 |
4 | TAIWAN | $3,785,387,988 |
5 | GERMANY | $2,450,266,395 |
6 | THAILAND | $2,436,176,541 |
7 | AUSTRALIA | $2,372,914,481 |
8 | VIETNAM | $2,178,790,051 |
9 | MALAYSIA | $1,994,375,193 |
10 | INDONESIA | $1,986,345,047 |
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 |
Los Angeles’s trade increases 7.71 percent through March
Los Angeles’s trade with the world rose to $94,242,417,152 through the first three months of 2012, according to a WorldCity analysis of the latest U.S. Census Bureau data. That’s 7.71 percent increases the Customs district’s total trade during the same time period last year. The district’s exports increased 3.71 percent while imports rose 9.66 percent.
Through March the district’s top trade partners were No. 1 China, No. 2 Japan, No. 3 South Korea, No. 4 Taiwan and No. 5 Germany. Through the first three months of the last year, top five spots were held by China, Japan, South Korea, Taiwan and Thailand, respectively.
Taking a closer look at the leading trade partners with Los Angeles:
- No.1 China’s trade rose 9.77 percent to $36,244,387,606.
Exports rose 3.28 percent to $7,086,411,683. Imports rose 11.47 percent to $29,157,975,923. - No.2 Japan’s trade rose 9.77 percent to $11,894,823,905.
Exports rose 7.42 percent to $3,762,107,727. Imports rose 10.89 percent to $8,132,716,178. - No.3 South Korea’s trade rose 1.65 percent to $5,765,644,484.
Exports fell -4.47 percent to $2,578,323,078. Imports rose 7.21 percent to $3,187,321,406. - No.4 Taiwan’s trade rose 4.50 percent to $3,785,387,988.
Exports rose 0.85 percent to $1,605,733,337. Imports rose 7.37 percent to $2,179,654,651. - No.5 Germany’s trade rose 24.53 percent to $2,450,266,395.
Exports rose 1.66 percent to $576,989,481. Imports rose 33.80 percent to $1,873,276,914.
Los Angeles’s top five trading partners through March accounted for 63.81 percent of its trade with the world. The U.S. average for the same period was 52.49 percent.
Los Angeles had trade surpluses with 135 countries and deficits with 81 through March. That compares with 127 surpluses and 86 deficits for the same period one year earlier. The top three surpluses through March of this year were with Australia, $1,725,974,897; Hong Kong, $1,428,086,001; and Singapore, $966,665,938. The top three deficits were with China ($22,071,564,240), Japan ($4,370,608,451) and Vietnam ($1,332,683,995).
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.
Los Angeles’s top five exports by value through March were cotton, not carded or combed; aircraft; motor vehicles for transporting people; diamonds, not mounted; and electronic integrated circuits, in that order. Those accounted for 16.62 percent of its total outbound trade. The value of the district’s top five imports, computers, motor vehicles for transporting people, oil and printers, all types, partstvs, computer monitors and , accounted for 27.18 percent of all inbound shipments.
Looking more closely at Los Angeles exports:
- Cotton, not carded or combed fell -24.42 percent compared to last year to $1,410,986,353.
- Aircraft rose 8.62 percent compared to last year to $1,232,713,510.
- Motor vehicles for transporting people rose 6.80 percent compared to last year to $872,285,902.
- Diamonds, not mounted rose 9.49 percent compared to last year to $828,057,306.
- Electronic integrated circuits rose 0.04 percent compared to last year to $593,927,451.
On the import side:
- Computers rose 28.49 percent compared to last year to $5,129,179,984.
- Motor vehicles for transporting people rose 24.85 percent compared to last year to $4,469,367,523.
- Oil rose 2.86 percent compared to last year to $3,928,736,859.
- Printers, all types, parts rose 20.56 percent compared to last year to $2,307,227,097.
- TVs, computer monitors fell -9.11 percent compared to last year to $1,704,513,090.
Last year the Los Angeles district posted total trade with the world of $387,195,371,956. The district’s deficit was $-145,077,077,600. At year end, the region’s top five partners were China, Japan, South Korea, Taiwan and Thailand. Exports totaled $121,059,147,178 and imports came to $266,136,224,778.