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Djibouti

Djibouti ranked No. 162 in total trade value through February with a total of $20.52 million. Exports totaled $16.38 million and Imports totaled $4.14 million, a surplus of $12.24 million.

U.S. trade with Djibouti rose to $20.52 million through February

Djibouti’s trade with the United States rose to $20.52 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 30.29 percent above its total trade during the same time period last year. Djibouti’s exports increased 31.02 percent while imports rose 27.45 percent. The U.S. surplus with Djibouti was $12.24 million.

Through February, 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 Port of Virginia; No. 4 Los Angeles International Airport; and No. 5 John F. Kennedy International Airport. During the same period the previous year, the top five were No. 1 Port of New Orleans No. 2 Port of Houston No. 3 Port of Savannah, Ga. No. 4 Los Angeles International Airport and No. 5 Port of New York. In the current time period, the top five accounted for 77.32 percent of Djibouti’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston rose 93.47 percent to $5.22 million.
    Exports rose 93.47 percent to $5.22 million. There were no imports.
  • Trade with No. 2 Port of New Orleans fell 26.15 percent to $4.52 million.
    Exports fell 26.26 percent to $3.04 million. Imports fell 25.92 percent to $1.48 million.
  • Trade with No. 3 Port of Virginia rose 1720.03 percent to $3.58 million.
    Exports rose 1720.03 percent to $3.58 million. There were no imports.
  • Trade with No. 4 Los Angeles International Airport rose 124.28 percent to $1.72 million.
    Exports rose 99.84 percent to $109,660. Imports rose 126.16 percent to $1.61 million.
  • Trade with No. 5 John F. Kennedy International Airport rose 159.89 percent to $831,878.
    Exports fell 96.31 percent to $4,299. Imports rose 306.31 percent to $827,579.

Djibouti ranked No. 162 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 169.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Djibouti by value through February were the categories of Malt extract, less than 40% cocoa; Grain sorghum; Misc. vegetable fats, oils; Exports military apparel, military equipment; and Beans, peas, dried or shelled, respectively. They accounted for 56.65 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; Coffee; Salvage; Live fish; and Compasses and similar navigational instruments –– accounted for 100 percent of all inbound shipments.

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

  • Malt extract, less than 40% cocoa rose 396.14 percent compared to last year to $3.12 million.
  • Grain sorghum rose 79.54 percent compared to last year to $1.81 million.
  • Misc. vegetable fats, oils rose 442.1 percent compared to last year to $1.81 million.
  • Exports military apparel, military equipment rose 5175.12 percent compared to last year to $1.43 million.
  • Beans, peas, dried or shelled rose 829.13 percent compared to last year to $1.11 million.

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

  • Value added to a returned import rose 30.3 percent compared to last year to $3.9 million.
  • Coffee rose 42.27 percent compared to last year to $163,726.
  • Salvage fell 38.97 percent compared to last year to $52,438.
  • Live fish totaled $22,390. The previous year, there were no imports in this category.
  • Compasses and similar navigational instruments totaled $3,395. The previous year, there were no imports in this category.

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.