US trade (export - import) with British Virgin Islands in 2014

Published or Updated: Feb 08, 2017

The report on US foreign trade in goods with British Virgin Islands in 2014: exports, imports, balance, product types and groups, dynamics.

US Trade with British Virgin Islands

In 2014, US trade with British Virgin Islands totaled $397.7 million, up 24.48% ($78.2 million) from 2013.

US exports to British Virgin Islands in 2014 totaled $386.7 million, up 23.64% ($73.9 million) from 2013.

US imports from British Virgin Islands in 2014 totaled $11.0 million, up 63.77% ($4.3 million) from 2013.

US trade surplus with British Virgin Islands in 2014 was $375.6 million, a 22.75% increase ($69.6 million) over 2013.

British Virgin Islands was the US 126th largest trading partner in 2014 (up from 132nd in 2013), accounting for 0.0099% of US total trade (up from 0.0082% in 2013).

British Virgin Islands was the US 109th largest export market in 2014 (up from 113th in 2013), accounting for 0.0239% of US total exports (up from 0.0198% in 2013).

British Virgin Islands was the US 165th largest supplier in 2014 (up from 172nd in 2013), accounting for 0.0005% of US total imports (up from 0.0003% in 2013).

US Exports to British Virgin Islands

The major share of US exports to British Virgin Islands in 2014 (and in 2013) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 62.17% of US total exports to British Virgin Islands (60.64% in 2013);
  • Food products and agricultural raw materials (HS codes 01-24) - 7.80% of US total exports to British Virgin Islands (10.26% in 2013);
  • Mineral products (HS codes 25-27) - 6.45% of US total exports to British Virgin Islands (5.42% in 2013);
  • Metals and products from them (HS codes 72-83) - 5.29% of US total exports to British Virgin Islands (4.01% in 2013);
  • Chemical products (HS codes 28-40) - 3.34% of US total exports to British Virgin Islands (3.95% in 2013);
  • Wood and wood products (HS codes 44-49) - 2.79% of US total exports to British Virgin Islands (2.96% in 2013);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.10% of US total exports to British Virgin Islands (1.12% in 2013).

The largest gains in US exports to British Virgin Islands in 2014 over 2013 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $55.9 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $8.1 million;
  • Articles of iron or steel (HS code 73) - an increase of $4.5 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $3.7 million;
  • Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - an increase of $3.6 million;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $3.4 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $2.5 million;
  • Iron and steel (HS code 72) - an increase of $2.5 million;
  • Plastics and articles thereof (HS code 39) - an increase of $2.0 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $1.6 million;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $1.6 million.

The largest declines in US exports to British Virgin Islands in 2014 over 2013 were recorded for the following product groups:

  • Ships, boats and floating structures (HS code 89) - a decrease of $5.2 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $4.4 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $2.5 million;
  • Pharmaceutical products (HS code 30) - a decrease of $1.5 million;
  • Products of the milling industry; malt; starches; inulin; wheat gluten (HS code 11) - a decrease of $1.3 million;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - a decrease of $1.3 million;
  • Miscellaneous articles of base metal (HS code 83) - a decrease of $1.3 million.
US exports to British Virgin Islands in 2014 by product groups
HS
code
Name of product group Value
of exports
in 2014
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2013
(USD thousand)
Change
in 2014
over 2013
(%)
01 Live animals 24.8 0.01 35.0-29.03
02 Meat and edible meat offal 6,775.1 1.75 7,451.9-9.08
03 Fish and crustaceans, molluscs and other aquatic invertebrates 1,282.6 0.33 1,135.512.95
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 2,284.2 0.59 1,982.415.22
05 Products of animal origin, not elsewhere specified or included 40.7 0.01 14.9173.03
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 621.0 0.16 507.722.32
07 Edible vegetables and certain roots and tubers 250.2 0.06 347.9-28.08
08 Edible fruit and nuts; peel of citrus fruit or melons 568.8 0.15 554.62.55
09 Coffee, tea, maté and spices 101.7 0.03 46.7117.82
10 Cereals 469.9 0.12 443.26.01
11 Products of the milling industry; malt; starches; inulin; wheat gluten 1,777.0 0.46 3,121.2-43.07
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 114.6 0.03 29.5288.82
13 Lac; gums, resins and other vegetable saps and extracts 0.0 0.00 2.6-100.00
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 3.5 0.00 4.1-16.14
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 431.9 0.11 507.1-14.83
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 1,277.7 0.33 979.930.38
17 Sugars and sugar confectionery 446.6 0.12 446.00.14
18 Cocoa and cocoa preparations 194.0 0.05 300.2-35.37
19 Preparations of cereals, flour, starch or milk; bakers’ wares 2,093.1 0.54 1,976.95.88
20 Preparations of vegetables, fruit, nuts or other parts of plants 1,812.0 0.47 3,131.3-42.13
21 Miscellaneous edible preparations 2,160.4 0.56 2,634.2-17.99
22 Beverages, spirits and vinegar 6,872.8 1.78 5,861.617.25
23 Residues and waste from the food industries; prepared animal feed 520.5 0.13 552.9-5.85
24 Tobacco and manufactured tobacco substitutes 23.2 0.01 18.028.94
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 2,121.6 0.55 2,221.4-4.49
26 Ores, slag and ash 6.0 0.00 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 22,794.3 5.90 14,737.554.67
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 162.8 0.04 102.159.40
29 Organic chemicals 114.3 0.03 99.215.17
30 Pharmaceutical products 128.8 0.03 1,666.4-92.27
31 Fertilizers 31.5 0.01 15.5103.32
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 2,646.9 0.68 2,599.81.81
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 1,928.7 0.50 2,238.6-13.85
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 1,579.0 0.41 1,449.68.93
35 Albuminoidal substances; modified starches; glues; enzymes 95.6 0.02 251.6-62.03
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 19.3 0.01 3.7425.05
37 Photographic or cinematographic goods 20.9 0.01 25.3-17.31
38 Miscellaneous chemical products 709.6 0.18 642.110.51
39 Plastics and articles thereof 4,625.7 1.20 2,596.478.16
40 Rubber and articles thereof 854.2 0.22 649.831.45
41 Raw hides and skins (other than furskins) and leather 0.0 0.00 12.3-100.00
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 340.8 0.09 271.825.35
44 Wood and articles of wood; wood charcoal 8,725.6 2.26 7,107.422.77
45 Cork and articles of cork 0.0 0.00 10.0-100.00
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 7.1 0.00 2.6168.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 1,294.6 0.33 1,442.6-10.26
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 752.4 0.19 704.26.84
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 3.7 0.00 4.9-24.12
52 Cotton 0.0 0.00 5.4-100.00
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 0.0 0.00 5.9-100.00
54 Man-made filaments 320.3 0.08 13.62,261.03
55 Man-made staple fibers 122.5 0.03 10.81,034.75
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 133.2 0.03 152.6-12.71
57 Carpets and other textile floor coverings 195.6 0.05 124.856.77
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 35.9 0.01 7.2398.97
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 43.4 0.01 15.5180.11
60 Knitted or crocheted fabrics 43.6 0.01 79.4-45.18
61 Articles of apparel and clothing accessories, knitted or crocheted 360.6 0.09 321.412.20
62 Articles of apparel and clothing accessories, not knitted or crocheted 566.5 0.15 601.8-5.88
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 911.5 0.24 836.68.95
64 Footwear, gaiters and the like; parts of such articles 939.9 0.24 1,108.9-15.24
65 Headgear and parts thereof 102.3 0.03 23.4336.50
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 189.3 0.05 42.1350.20
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 300.5 0.08 143.4109.47
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 3,571.5 0.92 3,034.717.69
69 Ceramic products 1,119.8 0.29 962.216.37
70 Glass and glassware 514.1 0.13 643.2-20.08
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 341.1 0.09 1,083.3-68.51
72 Iron and steel 4,539.7 1.17 2,076.8118.58
73 Articles of iron or steel 9,685.0 2.50 5,229.785.19
74 Copper and articles thereof 474.1 0.12 558.5-15.11
75 Nickel and articles thereof 175.2 0.05 52.2235.75
76 Aluminum and articles thereof 2,064.5 0.53 1,476.439.83
78 Lead and articles thereof 15.7 0.00 34.8-55.00
79 Zinc and articles thereof 38.1 0.01 0.0
80 Tin and articles thereof 79.4 0.02 0.0
81 Other base metals; cermets; articles thereof 32.5 0.01 31.82.35
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 1,808.5 0.47 219.7722.97
83 Miscellaneous articles of base metal 1,542.0 0.40 2,857.5-46.04
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 18,055.6 4.67 22,499.0-19.75
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 18,240.5 4.72 14,868.322.68
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 132.6 0.03 112.617.80
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 15,683.8 4.06 12,030.330.37
88 Aircraft, spacecraft, and parts thereof 183,200.5 47.38 127,341.343.87
89 Ships, boats and floating structures 2,824.4 0.73 8,045.8-64.90
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 2,253.2 0.58 4,742.5-52.49
91 Clocks and watches and parts thereof 396.9 0.10 403.4-1.60
92 Musical instruments; parts and accessories of such articles 62.9 0.02 29.0116.88
93 Arms and ammunition; parts and accessories thereof 29.7 0.01 74.3-60.02
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 8,426.5 2.18 4,804.075.41
95 Toys, games and sports requisites; parts and accessories thereof 1,170.3 0.30 792.747.63
96 Miscellaneous manufactured articles 318.7 0.08 530.1-39.87
97 Works of art, collectors’ pieces and antiques 272.7 0.07 45.5499.00
99 Commodities not specified according to kind 26,218.5 6.78 23,726.410.50

US Imports from British Virgin Islands

The major share of US imports from British Virgin Islands in 2014 (and in 2013) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 5.55% of US total imports from British Virgin Islands (17.33% in 2013);
  • Metals and products from them (HS codes 72-83) - 3.99% of US total imports from British Virgin Islands (26.40% in 2013);
  • Chemical products (HS codes 28-40) - 1.47% of US total imports from British Virgin Islands (0.58% in 2013);
  • Food products and agricultural raw materials (HS codes 01-24) - 1.41% of US total imports from British Virgin Islands (1.32% in 2013);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.32% of US total imports from British Virgin Islands (1.47% in 2013);
  • Wood and wood products (HS codes 44-49) - 0.91% of US total imports from British Virgin Islands (4.32% in 2013).

The largest gains in US imports from British Virgin Islands in 2014 over 2013 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - an increase of $6.8 million;
  • Articles of iron or steel (HS code 73) - an increase of $0.1 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $0.1 million;
  • Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - an increase of $0.1 million;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $0.1 million;
  • Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $0.1 million;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - an increase of $0.1 million;
  • Aluminum and articles thereof (HS code 76) - an increase of $0.0 million.

The largest declines in US imports from British Virgin Islands in 2014 over the 2013 were recorded for the following product groups:

  • Copper and articles thereof (HS code 74) - a decrease of $1.3 million;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - a decrease of $0.5 million;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $0.4 million;
  • Glass and glassware (HS code 70) - a decrease of $0.2 million;
  • Iron and steel (HS code 72) - a decrease of $0.2 million;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - a decrease of $0.2 million;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $0.1 million;
  • Zinc and articles thereof (HS code 79) - a decrease of $0.0 million.
US imports from British Virgin Islands in 2014 by product groups
HS
code
Name of product group Value
of imports
in 2014
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2013
USD thousand)
Change
in 2014
over 2013
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 5.0 0.05 10.2-50.81
09 Coffee, tea, maté and spices 7.1 0.06 0.0
21 Miscellaneous edible preparations 8.5 0.08 5.944.83
22 Beverages, spirits and vinegar 0.0 0.00 4.4-100.00
24 Tobacco and manufactured tobacco substitutes 135.2 1.22 68.497.72
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 14.5 0.13 0.0
29 Organic chemicals 15.0 0.14 0.0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 145.0 1.31 0.0
38 Miscellaneous chemical products 0.0 0.00 15.1-100.00
39 Plastics and articles thereof 1.0 0.01 23.8-95.79
40 Rubber and articles thereof 1.8 0.02 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 45.0 0.41 16.4174.08
44 Wood and articles of wood; wood charcoal 50.1 0.45 40.124.82
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 50.0 0.45 248.6-79.87
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0.0 0.00 2.8-100.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 0.6 0.01 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 1.7 0.01 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 0.0 0.00 17.1-100.00
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 3.1 0.03 18.0-82.88
64 Footwear, gaiters and the like; parts of such articles 115.7 1.05 58.199.06
65 Headgear and parts thereof 7.3 0.07 5.922.64
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 18.1 0.16 0.0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 69.3 0.63 0.0
70 Glass and glassware 8.3 0.08 247.3-96.63
72 Iron and steel 19.4 0.18 224.3-91.35
73 Articles of iron or steel 268.6 2.43 119.6124.53
74 Copper and articles thereof 0.0 0.00 1,292.8-100.00
76 Aluminum and articles thereof 77.7 0.70 29.3165.22
79 Zinc and articles thereof 23.4 0.21 72.8-67.81
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 18.6 0.17 30.5-38.81
83 Miscellaneous articles of base metal 32.8 0.30 11.4187.88
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 240.3 2.17 262.2-8.37
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 270.0 2.44 808.8-66.62
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 15.5 0.14 15.6-0.58
88 Aircraft, spacecraft, and parts thereof 4.6 0.04 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 83.2 0.75 82.21.21
91 Clocks and watches and parts thereof 0.0 0.00 16.0-100.00
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 320.4 2.90 243.231.78
95 Toys, games and sports requisites; parts and accessories thereof 588.2 5.33 706.4-16.73
96 Miscellaneous manufactured articles 0.0 0.00 7.9-100.00
97 Works of art, collectors’ pieces and antiques 3.6 0.03 452.8-99.21
99 Commodities not specified according to kind 8,377.6 75.84 1,587.0427.90
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce