Top Ogdensburg, N.Y. Trading Partners

Top US Trading Partners

Ogdensburg, N.Y.’s trade decreases -6.34 percent through March

Ogdensburg, N.Y.’s trade with the world rose to $11,407,160,063 through the first three months of 2012, according to a WorldCity analysis of the latest U.S. Census Bureau data. That’s -6.34 percent decreases the Customs district’s total trade during the same time period last year. The district’s exports increased 1.29 percent while imports dropped -10.82 percent.

Through March the district’s top trade partners were No. 1 Canada, No. 2 Germany, No. 3 China, No. 4 United Kingdom and No. 5 Netherlands. Through the first three months of the last year, top five spots were held by Canada, Ireland, Poland, United Kingdom and China, respectively.

Taking a closer look at the leading trade partners with Ogdensburg, N.Y.:

• No.1 Canada’s trade fell -0.68 percent to $10,413,561,855.
  Exports rose 1.52 percent to $4,495,426,968. Imports fell -2.30 percent to $5,918,134,887.
• No.2 Germany’s trade rose 28.26 percent to $220,567,543.
  Exports fell -78.94 percent to $3,006,646. Imports rose 37.97 percent to $217,560,897.
• No.3 China’s trade rose 8.24 percent to $191,667,396.
  Exports fell -66.20 percent to $181,622. Imports rose 8.46 percent to $191,485,774.
• No.4 United Kingdom’s trade fell -24.73 percent to $181,259,690.
  Exports rose 2.16 percent to $11,557,150. Imports fell -26.05 percent to $169,702,540.
• No.5 Netherlands’s trade rose 2,172.30 percent to $51,551,523.
  Exports rose 63.83 percent to $446,521. Imports rose 2,460.19 percent to $51,105,002.

Ogdensburg, N.Y.’s top five trading partners through March accounted for 96.94 percent of its trade with the world. The U.S. average for the same period was 52.49 percent.

Ogdensburg, N.Y. had trade surpluses with 12 countries and deficits with 107 through March. That compares with 11 surpluses and 115 deficits for the same period one year earlier. The top three surpluses through March of this year were with Kuwait, $10,942,750; Ireland, $9,969,470; and Algeria, $4,570,616. The top three deficits were with Canada ($1,422,707,919), Germany ($214,554,251) and China ($191,304,152).

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.

Ogdensburg, N.Y.’s top five exports by value through March were aluminum plates, sheets, strip more than 0.2mm thi; silver, various forms; tractors; motor vehicles for transporting goods; and medicine, in that order. Those accounted for 15.55 percent of its total outbound trade. The value of the district’s top five imports, gold, silver, various forms, aluminum, unwrought and radioactive chemical elements and isotopeseletrical energy and , accounted for 22.85 percent of all inbound shipments.

Looking more closely at Ogdensburg, N.Y. exports:

• Aluminum plates, sheets, strip more than 0.2mm thi rose 9.14 percent compared to last year to $163,692,731.
• Silver, various forms rose 15.01 percent compared to last year to $156,804,842.
• Tractors rose 47.02 percent compared to last year to $137,288,400.
• Motor vehicles for transporting goods rose 25.94 percent compared to last year to $135,453,965.
• Medicine fell -29.09 percent compared to last year to $117,380,378.

On the import side:

• Gold fell -5.49 percent compared to last year to $449,251,081.
• Silver, various forms fell -63.86 percent compared to last year to $338,250,579.
• Aluminum, unwrought fell -14.39 percent compared to last year to $289,978,906.
• Radioactive chemical elements and isotopes rose 27.97 percent compared to last year to $268,826,808.
• Eletrical energy fell -15.37 percent compared to last year to $215,766,687.

Last year the Ogdensburg, N.Y. district posted total trade with the world of $48,714,866,087. The district’s deficit was $-11,483,142,031. At year end, the region’s top five partners were Canada, Germany, United Kingdom, China and Poland. Exports totaled $18,615,862,028 and imports came to $30,099,004,059.