Top Trading Partners
Total Trade: $109.4 billion
|1||New York City||$22,241,939,943|
January – December 2017
Top U.S. Trading Partners
Total U.S. trade: $3.89 trillion
United Kingdom’s trade fell to $109.4 billion through December
United Kingdom’s trade with the United States fell 0.29 percent, from $109.72 billion to $109.4 billion when compared to the same period the previous year, according to a WorldCity analysis of latest U.S. Census Bureau data. U.S. exports to United Kingdom increased 1.68 percent while imports from United Kingdom fell 2.3 percent. The U.S. surplus with United Kingdom was $3.25 billion.
United Kingdom ranked No. 7 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 8. United Kingdom’s top U.S. Customs districts for total imports and exports were No. 1 New York City, No. 2 Atlanta/Savannah, No. 3 New Orleans, No. 4 Los Angeles and No. 5 Chicago compared to the last year when the top spots were held by No. 1 New York City, No. 2 New Orleans, No. 3 Atlanta/Savannah, No. 4 Chicago and No. 5 Los Angeles. In the current time period, the top five accounted for 47.82 percent of United Kingdom’s U.S. trade. That compares to 48.72 percent for the nation’s top five Customs districts during the same time period in the previous year.
Taking a closer look:
- Trade with No. 1 New York City fell 6.77 percent to $22.24 billion.
Exports fell 9.96 percent to $13.14 billion. Imports fell 1.75 percent to $9.1 billion.
- Trade with No. 2 Atlanta/Savannah rose 14.04 percent to $8.34 billion.
Exports rose 14.72 percent to $2.65 billion. Imports rose 13.72 percent to $5.7 billion.
- Trade with No. 3 New Orleans rose 0.61 percent to $7.98 billion.
Exports rose 9.51 percent to $3.91 billion. Imports fell 6.67 percent to $4.07 billion.
- Trade with No. 4 Los Angeles fell 1.73 percent to $7.04 billion.
Exports fell 6.51 percent to $3.01 billion. Imports rose 2.18 percent to $4.02 billion.
- Trade with No. 5 Chicago fell 6.53 percent to $6.72 billion.
Exports fell 24.79 percent to $3.06 billion. Imports rose 17.19 percent to $3.67 billion.
Through December, 21 Customs districts posted trade surpluses with United Kingdom while 25 had deficits. That compares with 16 surpluses and 30 deficits for the same period one year ago. The top surplus was with New York City at $4.04 billion, the largest deficit was with Baltimore at $3.25 billion.
Top Exports to United Kingdom
Total YTD: $56.33 billion
|1||Civilian aircraft, parts||$9,136,454,371|
|3||Paintings, drawings and other artwork||$2,643,859,189|
|5||Motor vehicles for transporting people||$1,927,222,700|
|6||Medicines in individual dosages||$1,770,982,274|
|7||Low value shipments||$1,457,563,539|
|8||Plasma, vaccines, blood||$1,186,684,660|
|9||Gasoline, other fuels||$1,112,567,812|
|10||Exports returned, without change||$949,358,809|
January – December 2017
Top Imports from United Kingdom
Total YTD: $53.07 billion
|1||Motor vehicles for transporting people||$8,734,608,106|
|2||Exports returned, without change||$4,719,816,336|
|3||Medicines in individual dosages||$3,240,912,443|
|4||Gasoline, other fuels||$2,435,048,294|
|5||Rum, gin, vodka, other liquors||$1,921,131,271|
|6||Aircraft engines, engine parts||$1,669,575,299|
|8||Paintings, drawings and other artwork||$1,202,896,588|
|9||Plasma, vaccines, blood||$775,235,698|
|10||Misc. medical chemical re-agents||$599,778,237|
Meanwhile, total U.S. trade with the world increased to $3.89 trillion, up 6.77 percent compared to the same period last year. The nation’s exports climbed 6.4 percent to $1.55 trillion; imports climbed 7.02 percent to $2.34 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $796.17 billion, up compared to the same period of last year when the deficit was $735.46 billion.
The top five U.S. exports to United Kingdom, by value through December were the categories of Civilian aircraft, parts; Gold; Paintings, drawings and other artwork; Oil; and Motor vehicles for transporting people, respectively. They accounted for 36.48 percent of total exports to United Kingdom.
The value of the top five categories of U.S. imports from United Kingdom –– Motor vehicles for transporting people; Exports returned, without change; Medicines in individual dosages; Gasoline, other fuels; and Rum, gin, vodka, other liquors –– accounted for 39.66 percent of all inbound shipments.
Looking more closely at U.S. exports to United Kingdom:
- Civilian aircraft, parts fell 14.64 percent compared to last year to $9.14 billion.
- Gold rose 22.84 percent compared to last year to $4.78 billion.
- Paintings, drawings and other artwork rose 11.43 percent compared to last year to $2.64 billion.
- Oil rose 640.67 percent compared to last year to $2.06 billion.
- Motor vehicles for transporting people fell 15.41 percent compared to last year to $1.93 billion.
Looking more closely at U.S. imports from United Kingdom:
- Motor vehicles for transporting people fell 0.91 percent compared to last year to $8.73 billion.
- Exports returned, without change fell 6.87 percent compared to last year to $4.72 billion.
- Medicines in individual dosages fell 24.41 percent compared to last year to $3.24 billion.
- Gasoline, other fuels fell 4.91 percent compared to last year to $2.44 billion.
- Rum, gin, vodka, other liquors rose 0.42 percent compared to last year to $1.92 billion.
In the latest annual figures available, United Kingdom recorded $109.72 billion in trade with the United States. At year’s end, its top five Customs districts were New York City; New Orleans; Atlanta/Savannah; Chicago; and Los Angeles. Total U.S. exports to United Kingdom were $ 55.4 billion and imports from United Kingdom were $54.33 billion. The U.S. surplus with United Kingdom was $1.07 billion.