| March 2013 |
Top Exports From New Orleans
Total Exports From New Orleans: $23,555,268,902| Rank | Commodity | Total YTD Exports |
|---|---|---|
| 1 | Oil, not crude | $5,424,968,977 |
| 2 | Soybeans, whether broken or not | $3,354,969,352 |
| 3 | Aircraft | $968,269,000 |
| 4 | Soybean oilcake, other solid residue, not ground | $851,070,140 |
| 5 | Corn | $846,153,745 |
| 6 | Electronic integrated circuits | $788,709,471 |
| 7 | Wheat, meslin | $760,714,432 |
| 8 | Misc. machinery for moving, grading | $483,206,501 |
| 9 | Landline, cellular phone equipment | $431,681,006 |
| 10 | Coal, briquettes | $414,430,178 |
Top Imports To New Orleans
Total Imports To New Orleans: $35,238,621,631| Rank | Commodity | Total YTD |
|---|---|---|
| 1 | Oil | $11,691,041,797 |
| 2 | Oil, not crude | $3,112,888,645 |
| 3 | Electronic integrated circuits | $1,293,077,446 |
| 4 | Imports of returned exports | $917,735,058 |
| 5 | Computers | $877,289,476 |
| 6 | Landline, cellular phone equipment | $813,463,129 |
| 7 | Nitrogenous fertilizers | $740,780,345 |
| 8 | Refined copper, alloys, unwrought | $567,448,548 |
| 9 | Aircraft | $523,057,154 |
| 10 | Computer parts | $479,468,192 |
| March 2013 |
Top New Orleans Trading Partners
Total New Orleans trade: $58,793,890,533| Rank | Country | Total YTD |
|---|---|---|
| 1 | CHINA | $6,856,467,094 |
| 2 | MEXICO | $4,200,884,102 |
| 3 | SAUDI ARABIA | $3,684,849,837 |
| 4 | VENEZUELA | $2,934,828,142 |
| 5 | JAPAN | $2,886,174,209 |
| 6 | CANADA | $2,794,417,818 |
| 7 | GERMANY | $2,145,304,307 |
| 8 | RUSSIA | $1,931,111,093 |
| 9 | UNITED KINGDOM | $1,808,652,625 |
| 10 | KUWAIT | $1,801,373,923 |
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 |
New Orleans’s trade increases 0.51 percent through March
New Orleans’s trade with the world rose to $58,793,890,533 through the first three months of 2013, according to a WorldCity analysis of the latest U.S. Census Bureau data. That’s 0.51 percent increases the Customs district’s total trade during the same time period last year. The district’s exports increased 5.35 percent while imports dropped -2.48 percent.
Through March the district’s top trade partners were No. 1 China, No. 2 Mexico, No. 3 Saudi Arabia, No. 4 Venezuela and No. 5 Japan. Through the first three months of the last year, top five spots were held by China, Saudi Arabia, Mexico, Venezuela and Japan, respectively.
Taking a closer look at the leading trade partners with New Orleans:
- No.1 China’s trade fell -1.68 percent to $6,856,467,094.
Exports fell -17.48 percent to $2,324,985,687. Imports rose 9.03 percent to $4,531,481,407. - No.2 Mexico’s trade rose 9.87 percent to $4,200,884,102.
Exports rose 18.58 percent to $2,149,172,557. Imports rose 2.02 percent to $2,051,711,545. - No.3 Saudi Arabia’s trade fell -26.42 percent to $3,684,849,837.
Exports fell -33.36 percent to $88,875,352. Imports fell -26.23 percent to $3,595,974,485. - No.4 Venezuela’s trade fell -19.93 percent to $2,934,828,142.
Exports fell -22.16 percent to $277,474,229. Imports fell -19.69 percent to $2,657,353,913. - No.5 Japan’s trade fell -10.61 percent to $2,886,174,209.
Exports fell -19.76 percent to $1,245,430,351. Imports fell -2.13 percent to $1,640,743,858.
New Orleans’s top five trading partners through March accounted for 34.98 percent of its trade with the world. The U.S. average for the same period was 53.05 percent.
New Orleans had trade surpluses with 119 countries and deficits with 89 through March. That compares with 120 surpluses and 95 deficits for the same period one year earlier. The top three surpluses through March of this year were with Canada, $808,065,674; Egypt, $626,884,380; and Singapore, $623,243,731. The top three deficits were with Saudi Arabia ($3,507,099,133), Venezuela ($2,379,879,684) and China ($2,206,495,720).
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.
New Orleans’s top five exports by value through March were oil, not crude; soybeans, whether broken or not; aircraft; soybean oilcake, other solid residue, not ground; and corn, in that order. Those accounted for 48.59 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 New Orleans exports:
- Oil, not crude rose 25.70 percent compared to last year to $5,424,968,977.
- Soybeans, whether broken or not fell -1.69 percent compared to last year to $3,354,969,352.
- Aircraft fell -14.03 percent compared to last year to $968,269,000.
- Soybean oilcake, other solid residue, not ground rose 203.97 percent compared to last year to $851,070,140.
- Corn fell -47.61 percent compared to last year to $846,153,745.
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 New Orleans district posted total trade with the world of $244,297,568,753. The district’s deficit was $-58,032,215,555. At year end, the region’s top five partners were China, Saudi Arabia, Mexico, Venezuela and Japan. Exports totaled $93,132,676,599 and imports came to $151,164,892,154.