Washington, D.C. Top Trading Partners
Total trade: $4.78 billion
January – May 2017
Top U.S. Trading Partners
Total U.S. trade: $1.56 trillion
Washington, D.C.’s trade decreases 12.32 percent through May
Washington, D.C.’s trade with the world fell 12.32 percent, from $5.45 billion to $4.78 billion through the first five months of 2017 when compared to the same period the previous year, according to a WorldCity analysis of latest U.S. Census Bureau data. Washington, D.C.’s exports increased 9.91 percent while imports fell 25.73 percent. Washington, D.C.’s deficit was $270.66 million.
Through May the district’s top five trade partners were No. 1 United Kingdom, No. 2 Germany, No. 3 France, No. 4 India and No. 5 Japan compared to the same period last year when the top five were No. 1 United Kingdom, No. 2 Germany, No. 3 India, No. 4 France and No. 5 Japan, respectively.
Taking a closer look at the leading trade partners with Washington, D.C.:
- Trade with No. 1 United Kingdom fell 39.64 percent to $925.71 million.
Exports fell 35.85 percent to $201.21 million. Imports fell 40.62 percent to $724.51 million.
- Trade with No. 2 Germany fell 19.63 percent to $505.1 million.
Exports fell 20.67 percent to $197.51 million. Imports fell 18.94 percent to $307.59 million.
- Trade with No. 3 France rose 50.02 percent to $475.81 million.
Exports rose 404.69 percent to $362.31 million. Imports fell 53.75 percent to $113.5 million.
- Trade with No. 4 India fell 43.41 percent to $290.35 million.
Exports rose 2.09 percent to $73.03 million. Imports fell 50.78 percent to $217.32 million.
- Trade with No. 5 Japan fell 15.99 percent to $260.16 million.
Exports rose 14.03 percent to $181.8 million. Imports fell 47.84 percent to $78.36 million.
Washington, D.C.’s top five trading partners through May accounted for 51.44 percent of its trade with the world. The U.S. average for the same time period was 54.58 percent.
Washington, D.C. had trade surpluses with 135 countries and deficits with 46 through May. That compares with 140 surpluses and 37 deficits for the same period one year earlier. The top three surpluses through May of this year were with France, $248.81 million; The Netherlands, $128.17 million; and Japan, $103.44 million. The top three deficits through May of this year were with United Kingdom, $523.3 million; Italy, $188.3 million; and India, $144.29 million.
Top Exports from Washington, D.C.
Total Exports: $2.25 billion
|1||Civilian aircraft, parts||$370,180,705|
|2||Medical equipment for physicals||$109,204,415|
|4||Plasma, vaccines, blood||$107,079,425|
|5||Aircraft engines, engine parts||$105,296,092|
|6||Medical instruments for surgeons, dentists, vets||$94,257,031|
|7||Misc. medical chemical re-agents||$85,500,031|
|8||Orthopedic appliances, artificial body parts||$71,588,897|
|10||Cell phones, related equipment||$48,124,300|
January – May 2017
Top Imports to Washington, D.C.
Total Imports: $2.52 billion
|1||Medicines in individual dosages||$739,086,619|
|2||Nucleic acids and salts, heterocyclic compounds||$227,688,689|
|3||Plasma, vaccines, blood||$168,091,791|
|4||Heterocyclic chemical compounds||$118,398,978|
|5||Aircraft engines, engine parts||$96,261,788|
|6||Medical equipment for physicals||$86,349,981|
|7||Exports returned, without change||$79,929,624|
|8||Misc. medical chemical re-agents||$66,660,613|
Meanwhile, total U.S. trade with the world increased to $1.56 trillion, up 7.15 percent compared to the same period last year. The nation’s exports climbed 6.5 percent to $624.45 billion; imports climbed 7.59 percent to $936.93 billion. The nation’s top five customs districts so far this year, by value, are Los Angeles; New York City; Laredo; Detroit and New Orleans. The overall trade deficit was $312.48 billion, up compared to the same period of last year when the deficit was $284.53 billion.
Washington, D.C.’s top five exports by value through May were Civilian aircraft, parts; Medical equipment for physicals; Aircraft parts; Plasma, vaccines, blood; and Aircraft engines, engine parts, in that order. They accounted for 35.48 percent of total exports from Washington, D.C..
Washington, D.C.’s top five imports by value through May were Medicines in individual dosages; Nucleic acids and salts, heterocyclic compounds; Plasma, vaccines, blood; Heterocyclic chemical compounds; and Aircraft engines, engine parts. They accounted for 53.47 percent of all inbound shipments.
Looking more closely at Washington, D.C.’s exports:
- Civilian aircraft, parts rose 164.58 percent compared to last year to $370.18 million.
- Medical equipment for physicals rose 29.98 percent compared to last year to $109.2 million.
- Aircraft parts rose 19.02 percent compared to last year to $107.52 million.
- Plasma, vaccines, blood fell 25.85 percent compared to last year to $107.08 million.
- Aircraft engines, engine parts fell 2.19 percent compared to last year to $105.3 million.
On the import side:
- Medicines in individual dosages fell 28.67 percent compared to last year to $739.09 million.
- Nucleic acids and salts, heterocyclic compounds fell 17.53 percent compared to last year to $227.69 million.
- Plasma, vaccines, blood fell 11.06 percent compared to last year to $168.09 million.
- Heterocyclic chemical compounds fell 81.41 percent compared to last year to $118.4 million.
- Aircraft engines, engine parts fell 42.68 percent compared to last year to $96.26 million.
Last year the Washington, D.C. customs district posted total trade with the world of $12.71 billion. The district’s deficit was $2.7 billion. At the end of the year, the custom’s districts top five trading partners were United Kingdom, Germany, India, France and Japan. Exports totaled $5 billion and imports came to $7.7 billion.