| March 2012 |
Total Exports From Low Value Shipments
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Low value shipments | $8,819,790,397 |
2 | Motor vehicle parts | $558,536,846 |
3 | Furniture, parts | $111,020,674 |
4 | Electrical supplies, apparatus, less than 1000V | $110,216,922 |
5 | Screws, nuts, bolts, washers | $92,914,647 |
6 | Taps, cocks and valves for pipes, tanks | $86,257,881 |
7 | Centrifuges, filters, machines and parts | $79,520,384 |
8 | Seats, excluding barber, dental | $69,234,840 |
9 | Misc. plastic articles | $63,348,551 |
10 | Windshield wipers, electric light parts | $57,821,544 |
Total Imports To Low Value Shipments
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Salvage | $3,456,550,491 |
| March 2012 |
Top Low Value Shipments Trading Partners
| Rank | Country | Total YTD |
|---|---|---|
1 | CANADA | $6,623,907,227 |
2 | MEXICO | $1,989,092,894 |
3 | CHINA | $817,838,529 |
4 | GERMANY | $564,369,002 |
5 | UNITED KINGDOM | $530,580,628 |
6 | JAPAN | $481,303,609 |
7 | GIBRALTAR | $461,185,058 |
8 | AUSTRALIA | $315,945,137 |
9 | FRANCE | $286,229,205 |
10 | SINGAPORE | $269,962,897 |
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 |
Low Value Shipments’s trade increases 3.60 percent through March
Low Value Shipments’s trade with the world rose to $16,756,128,855 through the first three months of 2012, according to a WorldCity analysis of the latest U.S. Census Bureau data. That’s 3.60 percent increases the Customs district’s total trade during the same time period last year. The district’s exports increased 4.83 percent while imports dropped -0.89 percent.
Through March the district’s top trade partners were No. 1 Canada, No. 2 Mexico, No. 3 China, No. 4 Germany and No. 5 United Kingdom. Through the first three months of the last year, top five spots were held by Canada, Mexico, China, Germany and Japan, respectively.
Taking a closer look at the leading trade partners with Low Value Shipments:
- No.1 Canada’s trade rose 5.29 percent to $6,623,907,227.
Exports rose 6.63 percent to $6,152,018,692. Imports fell -9.52 percent to $471,888,535. - No.2 Mexico’s trade rose 10.11 percent to $1,989,092,894.
Exports rose 12.49 percent to $1,555,120,203. Imports rose 2.35 percent to $433,972,691. - No.3 China’s trade fell -2.37 percent to $817,838,529.
Exports fell -21.32 percent to $171,970,366. Imports rose 4.31 percent to $645,868,163. - No.4 Germany’s trade fell -2.34 percent to $564,369,002.
Exports fell -6.66 percent to $290,550,371. Imports rose 2.70 percent to $273,818,631. - No.5 United Kingdom’s trade rose 5.45 percent to $530,580,628.
Exports rose 7.22 percent to $414,096,418. Imports fell -0.38 percent to $116,484,210.
Low Value Shipments’s top five trading partners through March accounted for 62.82 percent of its trade with the world. The U.S. average for the same period was 52.49 percent.
Low Value Shipments had trade surpluses with 198 countries and deficits with 33 through March. That compares with 203 surpluses and 22 deficits for the same period one year earlier. The top three surpluses through March of this year were with Canada, $5,680,130,157; Mexico, $1,121,147,512; and Gibraltar, $461,175,300. The top three deficits were with China ($473,897,797), Japan ($134,290,171) and Taiwan ($56,977,400).
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.
Low Value Shipments’s top five exports by value through March were low value shipments; motor vehicle parts; furniture, parts; electrical supplies, apparatus, less than 1000v; and screws, nuts, bolts, washers, in that order. Those accounted for 72.88 percent of its total outbound trade. The value of the district’s top five imports, salvage, , and and , accounted for 100.00 percent of all inbound shipments.
Looking more closely at Low Value Shipments exports:
- Low value shipments rose 2.88 percent compared to last year to $8,819,790,397.
- Motor vehicle parts rose 9.27 percent compared to last year to $558,536,846.
- Furniture, parts rose 3.50 percent compared to last year to $111,020,674.
- Electrical supplies, apparatus, less than 1000V rose 9.32 percent compared to last year to $110,216,922.
- Screws, nuts, bolts, washers rose 10.92 percent compared to last year to $92,914,647.
On the import side:
- Salvage fell -0.89 percent compared to last year to $3,456,550,491.
- fell compared to last year to $0. The total for the comparable period in 2011 was $0 so a percentage cannot be calculated.
- fell compared to last year to $0. The total for the comparable period in 2011 was $0 so a percentage cannot be calculated.
- fell compared to last year to $0. The total for the comparable period in 2011 was $0 so a percentage cannot be calculated.
- fell compared to last year to $0. The total for the comparable period in 2011 was $0 so a percentage cannot be calculated.
Last year the Low Value Shipments district posted total trade with the world of $65,406,386,126. The district’s surplus was $37,319,818,768. At year end, the region’s top five partners were Canada, Mexico, China, Germany and United Kingdom. Exports totaled $51,363,102,447 and imports came to $14,043,283,679.