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Monaco

Monaco ranked No. 147 in total trade value through October with a total of $221.97 million. Exports totaled $171.38 million and Imports totaled $50.59 million, a surplus of $120.79 million.

January – October 2018

Top Trading Ports

Total Trade: $221.97 million

RankPortTotal YTD
1John F. Kennedy International Airport $124,315,419
2Clinton International Airport, Little Rock, Ark. $60,011,300
3Miami International Airport $9,913,660
4Port of Mobile, Ala. $7,231,306
5Port of Newark $5,482,519
6Port of Wilmington, N.C. $1,907,491
7Port of Virginia $1,808,023
8Port of New Orleans $1,310,218
9Los Angeles International Airport $1,008,047
10Cleveland’s Hopkins International Airport, Ohio $870,248

U.S. trade with Monaco rose to $221.97 million through October

Monaco’s trade with the United States rose to $221.97 million through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 91.19 percent above its total trade during the same time period last year. Monaco’s exports increased 397.62 percent while imports fell 38.05 percent. The U.S. surplus with Monaco was $120.79 million.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 John F. Kennedy International Airport; No. 2 Clinton International Airport, Little Rock, Ark.; No. 3 Miami International Airport; No. 4 Port of Mobile, Ala.; and No. 5 Port of Newark. During the same period the previous year, the top five were No. 1 John F. Kennedy International Airport No. 2 Miami International Airport No. 3 Port of Virginia No. 4 Los Angeles International Airport and No. 5 Port of Newark. In the current time period, the top five accounted for 93.24 percent of Monaco’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport rose 52.67 percent to $124.32 million.
    Exports rose 413.59 percent to $95.19 million. Imports fell 53.69 percent to $29.13 million.
  • Trade with No. 2 Clinton International Airport, Little Rock, Ark. totaled $60.01 million.
    Exports totaled $60.01 million. There were no imports.
  • Trade with No. 3 Miami International Airport rose 6.69 percent to $9.91 million.
    Exports rose 13.7 percent to $9.38 million. Imports fell 48.87 percent to $532,035.
  • Trade with No. 4 Port of Mobile, Ala. totaled $7.23 million.
    There were no exports. Imports totaled $7.23 million.
  • Trade with No. 5 Port of Newark rose 101.96 percent to $5.48 million.
    Exports rose 69.59 percent to $759,505. Imports rose 108.36 percent to $4.72 million.

Monaco ranked No. 147 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 157.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 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 $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Monaco by value through October were the categories of Civilian aircraft, parts; Paintings, drawings and other artwork; Jewelry, parts; Perfumes; and Antiques, respectively. They accounted for 93.82 percent of total exports to Monaco.

The value of the top five categories of U.S. imports from Monaco –– Value added to a returned import; Antiques; Ferroalloys 7202; Make-up and skin-care products; and Diamonds, not mounted –– accounted for 75.73 percent of all inbound shipments.

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

  • Civilian aircraft, parts rose 130892 percent compared to last year to $60.01 million.
  • Paintings, drawings and other artwork rose 371.19 percent compared to last year to $51.41 million.
  • Jewelry, parts rose 488.66 percent compared to last year to $44.26 million.
  • Perfumes fell 27.45 percent compared to last year to $3.11 million.
  • Antiques rose 167.27 percent compared to last year to $2 million.

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

  • Value added to a returned import rose 9.31 percent compared to last year to $15.15 million.
  • Antiques rose 56.32 percent compared to last year to $8.35 million.
  • Ferroalloys 7202 totaled $7.23 million. The previous year, there were no imports in this category.
  • Make-up and skin-care products fell 11.5 percent compared to last year to $5.15 million.
  • Diamonds, not mounted fell 29.49 percent compared to last year to $2.43 million.

In the latest annual figures available, Monaco recorded $129.18 million in trade with the United States. At year’s end, its were New York City; Miami; Los Angeles; Cleveland; and Atlanta/Savannah. Total U.S. exports to Monaco were $ 42.16 million and imports from Monaco were $87.02 million. The U.S. deficit with Monaco was $44.87 million.