Source: http://worldcityweb.com/home/USA/statistics/view/182/

U.S. trade rises a tepid 6 percent through February

April 16th, 2007

U.S. trade with the world is off to a rather tepid 6 percent increase through the first two months of the year, according to WorldCity analysis of the most recent Census data.

Exports rose faster than imports in both percentage terms and in dollar terms, leading to a decrease in the trade deficit. Exports rose $17.8 billion while imports rose $8.9 billion, leading to a 7 percent decline in the deficit.

Los Angeles was the fastest-growing Customs district, in dollar terms, with a $6.4 billion increase, and Houston was the fastest-growing in percentage terms, among top Customs districts, with 18 percent growth. Two leading Customs districts saw a decline in total trade, Detroit and Buffalo.

Among countries, China, Brazil, Singapore and India were the strongest performers through the first two months. China alone accounted for almost $11 billion of the nearly $27 billion increase. The United States’ top trade partner, Canada, saw its trade drop 2.8 percent, explaining the decline in Detroit and Buffalo, both of which count Canada as their top trade partner.

2007 2006 Total Trade Jan.-Feb. 2007 Jan.-Feb. 2006 Dollar Change Percent Change
All Districts $460,870,866,604 $434,198,079,028 $26,672,787,576 6.14%
1 1 Los Angeles, California $53,006,744,828 $46,635,810,536 $6,370,934,292 13.66%
2 2 New York City, New York $47,487,509,270 $44,428,002,610 $3,059,506,660 6.89%
3 3 Detroit, Michigan $37,965,999,281 $38,135,556,102 ($169,556,821) -0.44%
4 6 Houston, Texas $25,871,379,503 $21,878,084,622 $3,993,294,881 18.25%
5 5 New Orleans, Louisiana $25,439,406,618 $22,831,617,353 $2,607,789,265 11.42%
6 4 Laredo, Texas $24,919,333,287 $24,111,145,551 $808,187,736 3.35%
7 8 Seattle, Washington $19,169,808,113 $17,555,379,040 $1,614,429,073 9.20%
8 7 Chicago, Illinois $18,766,969,947 $17,669,555,326 $1,097,414,621 6.21%
9 9 San Francisco, Calif. $17,114,137,314 $16,352,987,439 $761,149,875 4.65%
10 11 Savannah, Georgia $13,491,984,133 $12,364,788,129 $1,127,196,004 9.12%
11 10 Buffalo, New York $12,777,727,618 $13,106,791,340 ($329,063,722) -2.51%
12 12 Cleveland, Ohio $12,115,343,056 $11,149,516,684 $965,826,372 8.66%
13 13 Miami, Florida $11,845,039,536 $10,896,524,978 $948,514,558 8.70%
14 14 Philadelphia, Pa. $10,338,338,336 $10,150,387,868 $187,950,468 1.85%
15 15 Dallas, Texas $9,496,324,384 $8,760,550,753 $735,773,631 8.40%
16 16 El Paso, Texas $8,438,545,928 $8,205,366,070 $233,179,858 2.84%
17 19 San Diego, California $8,128,671,106 $7,208,624,491 $920,046,615 12.76%
18 17 Charleston, S. Carolina $8,028,369,962 $7,683,040,623 $345,329,339 4.49%
19 21 Norfolk, Virginia $7,423,203,386 $6,905,073,914 $518,129,472 7.50%
20 18 Ogdensburg, New York $6,872,270,127 $7,333,811,199 ($461,541,072) -6.29%

2007 2006 Total Trade Feb. 2007 YTD Feb. 2006 YTD Dollar Change Percent Change
World Total $460,870,866,604 $434,198,079,028 $26,672,787,576 6.14%
1 1 Canada $83,545,513,481 $85,967,783,942 $(2,422,270,461) -2.82%
2 3 China $57,694,349,997 $46,912,541,125 $10,781,808,872 22.98%
3 2 Mexico $51,265,753,300 $50,779,098,942 $486,654,358 0.96%
4 4 Japan $33,157,037,794 $31,447,606,585 $1,709,431,209 5.44%
5 5 Germany $21,295,409,253 $19,479,759,274 $1,815,649,979 9.32%
6 6 United Kingdom $15,740,298,365 $14,247,592,509 $1,492,705,856 10.48%
7 7 South Korea $13,086,072,320 $12,401,566,530 $684,505,790 5.52%
8 8 France $10,603,324,866 $9,673,624,337 $929,700,529 9.61%
9 9 Taiwan $9,634,649,291 $8,859,106,684 $775,542,607 8.75%
10 11 Netherlands $7,718,001,961 $7,121,605,875 $596,396,086 8.37%
11 14 Brazil $7,417,779,489 $6,537,561,985 $880,217,504 13.46%
12 12 Malaysia $7,405,991,559 $7,039,040,775 $366,950,784 5.21%
13 13 Italy $7,263,583,811 $6,844,479,306 $419,104,505 6.12%
14 15 Singapore $7,211,017,622 $5,911,359,580 $1,299,658,042 21.99%
15 16 Ireland $6,623,474,595 $5,765,044,826 $858,429,769 14.89%
16 10 Venezuela $6,070,528,532 $7,281,098,542 $(1,210,570,010) -16.63%
17 18 Belgium $5,903,744,051 $5,225,315,648 $678,428,403 12.98%
18 20 India $5,629,337,823 $4,734,155,788 $895,182,035 18.91%
19 17 Saudi Arabia $5,331,311,969 $5,698,051,597 $(366,739,628) -6.44%
20 21 Israel $4,986,497,403 $4,579,871,543 $406,625,860 8.88%
21 22 Thailand $4,698,547,527 $4,314,133,948 $384,413,579 8.91%
22 19 Nigeria $4,625,987,634 $5,087,420,913 $(461,433,279) -9.07%
23 23 Switzerland $4,401,958,129 $4,084,388,526 $317,569,603 7.78%
24 24 Australia $4,044,053,115 $3,904,498,761 $139,554,354 3.57%
25 25 Hong Kong $3,884,722,858 $3,707,244,972 $177,477,886 4.79%
26 28 Spain $2,918,577,108 $2,634,410,573 $284,166,535 10.79%
27 26 Sweden $2,828,979,553 $2,812,244,349 $16,735,204 0.60%
28 30 Indonesia $2,819,215,244 $2,475,931,072 $343,284,172 13.86%
29 31 Chile $2,762,539,597 $2,429,613,976 $332,925,621 13.70%
30 27 Philippines $2,659,604,707 $2,733,678,628 $(74,073,921) -2.71%
31 32 Colombia $2,618,202,538 $2,417,872,073 $200,330,465 8.29%
32 34 Algeria $2,592,380,848 $1,855,495,985 $736,884,863 39.71%
33 29 Russia $2,187,143,180 $2,631,559,397 $(444,416,217) -16.89%
34 42 Austria $2,122,493,462 $1,439,149,867 $683,343,595 47.48%
35 39 South Africa $2,031,172,044 $1,646,763,831 $384,408,213 23.34%
36 36 Angola $1,901,741,935 $1,735,109,800 $166,632,135 9.60%
37 35 Iraq $1,715,246,501 $1,790,514,681 $(75,268,180) -4.20%
38 45 Vietnam $1,653,626,844 $1,335,745,736 $317,881,108 23.80%
39 37 Trinidad and Tobago $1,650,315,983 $1,657,744,605 $(7,428,622) -0.45%
40 38 Turkey $1,601,411,310 $1,648,413,831 $(47,002,521) -2.85%
41 43 Dominican Republic $1,517,438,767 $1,398,965,551 $118,473,216 8.47%
42 40 Norway $1,487,962,958 $1,530,473,739 $(42,510,781) -2.78%
43 41 Ecuador $1,485,077,782 $1,511,666,353 $(26,588,571) -1.76%
44 46 Argentina $1,430,417,146 $1,328,279,868 $102,137,278 7.69%
45 33 United Arab Emirates $1,404,980,010 $2,311,407,835 $(906,427,825) -39.22%
46 44 Peru $1,393,831,172 $1,381,890,427 $11,940,745 0.86%
47 47 Costa Rica $1,332,728,114 $1,191,028,177 $141,699,937 11.90%
48 50 Finland $1,221,555,758 $1,015,842,748 $205,713,010 20.25%
49 49 Honduras $1,194,432,442 $1,104,742,230 $89,690,212 8.12%
50 52 Denmark $1,185,335,336 $947,557,738 $237,777,598 25.09%

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