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Djibouti

Djibouti ranked No. 158 in total trade value through August with a total of $99.1 million. Exports totaled $79.7 million and Imports totaled $19.39 million, a surplus of $60.31 million.

U.S. trade with Djibouti rose to $99.1 million through August

Djibouti’s trade with the United States rose to $99.1 million through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 7.47 percent below its total trade during the same time period last year. U.S. exports to Djibouti increased 6.97 percent while U.S. imports from Djibouti fell 40.5 percent. The U.S. surplus with Djibouti was $60.31 million.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Houston; No. 2 Port of New Orleans; No. 3 Chicago O’Hare International Airport; No. 4 Houston’s George Bush Intercontinental Airport, Texas; and No. 5 Port of Virginia. During the same period the previous year, the top five were No. 1 Port of New Orleans No. 2 Port of Houston No. 3 Chicago O’Hare International Airport No. 4 Dallas-Fort Worth International Airport, Texas and No. 5 Port of Virginia. In the current time period, the top five accounted for 60.7 percent of Djibouti’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston rose 52.15 percent to $24.03 million.
    Exports rose 49.78 percent to $23.57 million. Imports rose 671.73 percent to $463,047.
  • Trade with No. 2 Port of New Orleans fell 28.81 percent to $16.15 million.
    Exports fell 34.01 percent to $12.64 million. Imports fell 0.56 percent to $3.51 million.
  • Trade with No. 3 Chicago O’Hare International Airport fell 34.59 percent to $7.23 million.
    Exports fell 49.65 percent to $1.4 million. Imports fell 29.52 percent to $5.83 million.
  • Trade with No. 4 Houston’s George Bush Intercontinental Airport, Texas rose 244.7 percent to $6.54 million.
    Exports rose 246.58 percent to $6.53 million. Imports fell 38.51 percent to $7,692.
  • Trade with No. 5 Port of Virginia fell 4.67 percent to $6.2 million.
    Exports fell 4.67 percent to $6.2 million. There were no imports.

Djibouti ranked No. 158 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 152.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Djibouti by value through August were the categories of Grain sorghum; Malt extract, less than 40% cocoa; Defense-related aircraft, parts; Misc. vegetable fats, oils; and Civilian aircraft, parts, respectively. They accounted for 38.61 percent of total exports to Djibouti.

The value of the top five categories of U.S. imports from Djibouti –– Value added to a returned import; Aircraft engines, engine parts; Coffee; Miscellaneous electrical machinery; and Salvage –– accounted for 98.04 percent of all inbound shipments.

Looking more closely at U.S. exports to Djibouti:

  • Grain sorghum rose 59.19 percent compared to last year to $10.02 million.
  • Malt extract, less than 40% cocoa rose 79.72 percent compared to last year to $7.81 million.
  • Defense-related aircraft, parts fell 5.41 percent compared to last year to $4.52 million.
  • Misc. vegetable fats, oils fell 26.57 percent compared to last year to $4.31 million.
  • Civilian aircraft, parts fell 42.75 percent compared to last year to $4.12 million.

Looking more closely at U.S. imports from Djibouti:

  • Value added to a returned import fell 43.8 percent compared to last year to $17.27 million.
  • Aircraft engines, engine parts totaled $890,000. The previous year, there were no imports in this category.
  • Coffee fell 8.12 percent compared to last year to $397,855.
  • Miscellaneous electrical machinery totaled $253,358. The previous year, there were no imports in this category.
  • Salvage fell 57.47 percent compared to last year to $199,437.

In the latest annual figures available, Djibouti recorded $196.88 million in trade with the United States. At year’s end, its were New Orleans; Houston; Norfolk; Dallas; and Chicago. Total U.S. exports to Djibouti were $ 162.7 million and imports from Djibouti were $34.18 million. The U.S. surplus with Djibouti was $128.52 million.