Top San Diego Trading Partners

Top US Trading Partners

San Diego’s trade increases 10.50 percent through March

San Diego’s trade with the world rose to $13,499,291,464 through the first three months of 2012, according to a WorldCity analysis of the latest U.S. Census Bureau data. That’s 10.50 percent increases the Customs district’s total trade during the same time period last year. The district’s exports increased 12.49 percent while imports rose 9.39 percent.

Through March the district’s top trade partners were No. 1 Mexico, No. 2 Japan, No. 3 Germany, No. 4 China and No. 5 Malaysia. Through the first three months of the last year, top five spots were held by Mexico, Japan, Germany, China and Ecuador, respectively.

Taking a closer look at the leading trade partners with San Diego:

• No.1 Mexico’s trade rose 10.12 percent to $11,717,528,697.
  Exports rose 11.05 percent to $4,686,151,716. Imports rose 9.51 percent to $7,031,376,981.
• No.2 Japan’s trade fell -4.56 percent to $581,903,023.
  Exports rose 93.01 percent to $16,083,834. Imports fell -5.91 percent to $565,819,189.
• No.3 Germany’s trade rose 26.20 percent to $463,848,400.
  Exports rose 7.33 percent to $5,989,303. Imports rose 26.49 percent to $457,859,097.
• No.4 China’s trade fell -8.91 percent to $195,134,809.
  Exports fell -60.40 percent to $3,512,673. Imports fell -6.68 percent to $191,622,136.
• No.5 Malaysia’s trade rose 164.86 percent to $129,181,339.
  Exports rose 817.32 percent to $87,761,688. Imports rose 5.65 percent to $41,419,651.

San Diego’s top five trading partners through March accounted for 96.95 percent of its trade with the world. The U.S. average for the same period was 52.49 percent.

San Diego had trade surpluses with 54 countries and deficits with 73 through March. That compares with 57 surpluses and 67 deficits for the same period one year earlier. The top three surpluses through March of this year were with Malaysia, $46,342,037; Switzerland, $40,015,185; and Netherlands, $6,272,609. The top three deficits were with Mexico ($2,345,225,265), Japan ($549,735,355) and Germany ($451,869,794).

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.

San Diego’s top five exports by value through March were motor vehicle parts; electronic integrated circuits; petroleum gases, other gaseous hydrocarbons; photo-sensitive semi-conductors, parts; and internal combustion piston engines, including airc, in that order. Those accounted for 15.26 percent of its total outbound trade. The value of the district’s top five imports, tvs, computer monitors, motor vehicles for transporting people, medical instruments for surgeons, dentists, vets and motor vehicles for transporting goodslandline, cellular phone equipment and , accounted for 47.11 percent of all inbound shipments.

Looking more closely at San Diego exports:

• Motor vehicle parts rose 32.67 percent compared to last year to $298,267,693.
• Electronic integrated circuits fell -14.00 percent compared to last year to $137,643,287.
• Petroleum gases, other gaseous hydrocarbons rose 3.97 percent compared to last year to $115,094,893.
• Photo-sensitive semi-conductors, parts fell -5.71 percent compared to last year to $111,001,537.
• Internal combustion piston engines, including airc rose 66.75 percent compared to last year to $89,436,499.

On the import side:

• TVs, computer monitors rose 5.12 percent compared to last year to $1,881,247,972.
• Motor vehicles for transporting people rose 14.30 percent compared to last year to $982,358,999.
• Medical instruments for surgeons, dentists, vets rose 12.32 percent compared to last year to $497,180,997.
• Motor vehicles for transporting goods rose 14.85 percent compared to last year to $396,372,791.
• Landline, cellular phone equipment fell -5.28 percent compared to last year to $282,764,591.

Last year the San Diego district posted total trade with the world of $52,739,266,096. The district’s deficit was $-15,621,791,282. At year end, the region’s top five partners were Mexico, Japan, Germany, China and Malaysia. Exports totaled $18,558,737,407 and imports came to $34,180,528,689.