US trade (export - import) with British Virgin Islands in 2015

Published or Updated: Feb 19, 2017

The report on US foreign trade in goods with British Virgin Islands in 2015: exports, imports, balance, product types and groups, dynamics.

US Trade with British Virgin Islands

In 2015, US trade with British Virgin Islands was $276.2 million, down 30.55% ($121.5 million) from 2014.

US exports to British Virgin Islands in 2015 were $259.5 million, down 32.89% ($127.2 million) from 2014.

US imports from British Virgin Islands in 2015 totaled $16.7 million, up 51.19% ($5.7 million) from 2014.

US trade surplus with British Virgin Islands in 2015 was $242.8 million, a 35.36% decrease ($132.8 million) over 2014.

British Virgin Islands was the US 132nd largest trading partner in 2015 (down from 126th in 2014), accounting for 0.0072% of US total trade (down from 0.0099% in 2014).

British Virgin Islands was the US 117th largest export market in 2015 (down from 109th in 2014), accounting for 0.0173% of US total exports (down from 0.0239% in 2014).

British Virgin Islands was the US 160th largest supplier in 2015 (up from 165th in 2014), accounting for 0.0007% of US total imports (up from 0.0005% in 2014).

US Exports to British Virgin Islands

The major share of US exports to British Virgin Islands in 2015 (and in 2014) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 52.41% of US total exports to British Virgin Islands (62.17% in 2014);
  • Food products and agricultural raw materials (HS codes 01-24) - 11.25% of US total exports to British Virgin Islands (7.80% in 2014);
  • Chemical products (HS codes 28-40) - 6.07% of US total exports to British Virgin Islands (3.34% in 2014);
  • Metals and products from them (HS codes 72-83) - 5.49% of US total exports to British Virgin Islands (5.29% in 2014);
  • Wood and wood products (HS codes 44-49) - 4.39% of US total exports to British Virgin Islands (2.79% in 2014);
  • Mineral products (HS codes 25-27) - 3.97% of US total exports to British Virgin Islands (6.45% in 2014);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.36% of US total exports to British Virgin Islands (1.10% in 2014).

The largest gains in US exports to British Virgin Islands in 2015 over 2014 were recorded for the following product groups:

  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $4.1 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $2.6 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $2.2 million;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $1.1 million;
  • Aluminum and articles thereof (HS code 76) - an increase of $1.0 million;
  • Plastics and articles thereof (HS code 39) - an increase of $0.8 million.

The largest declines in US exports to British Virgin Islands in 2015 over 2014 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $107.4 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $14.7 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 $4.9 million;
  • Articles of iron or steel (HS code 73) - a decrease of $4.9 million;
  • Commodities not specified according to kind (HS code 99) - a decrease of $2.5 million;
  • Iron and steel (HS code 72) - a decrease of $2.1 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) - a decrease of $1.9 million;
  • Products of the milling industry; malt; starches; inulin; wheat gluten (HS code 11) - a decrease of $1.5 million;
  • Ships, boats and floating structures (HS code 89) - a decrease of $0.9 million.
US exports to British Virgin Islands in 2015 by product groups
HS
code
Name of product group Value
of exports
in 2015
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2014
(USD thousand)
Change
in 2015
over 2014
(%)
01 Live animals 3.6 0.00 24.8-85.51
02 Meat and edible meat offal 6,920.2 2.67 6,775.12.14
03 Fish and crustaceans, molluscs and other aquatic invertebrates 1,463.5 0.56 1,282.614.10
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 2,151.1 0.83 2,284.2-5.83
05 Products of animal origin, not elsewhere specified or included 21.5 0.01 40.7-47.16
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 582.2 0.22 621.0-6.25
07 Edible vegetables and certain roots and tubers 341.5 0.13 250.236.52
08 Edible fruit and nuts; peel of citrus fruit or melons 594.5 0.23 568.84.52
09 Coffee, tea, maté and spices 108.0 0.04 101.76.13
10 Cereals 494.4 0.19 469.95.21
11 Products of the milling industry; malt; starches; inulin; wheat gluten 320.2 0.12 1,777.0-81.98
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 64.6 0.02 114.6-43.64
13 Lac; gums, resins and other vegetable saps and extracts 5.3 0.00 0.0
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 5.0 0.00 3.545.61
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 445.5 0.17 431.93.15
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 1,249.7 0.48 1,277.7-2.19
17 Sugars and sugar confectionery 437.9 0.17 446.6-1.96
18 Cocoa and cocoa preparations 240.3 0.09 194.023.84
19 Preparations of cereals, flour, starch or milk; bakers’ wares 2,246.7 0.87 2,093.17.34
20 Preparations of vegetables, fruit, nuts or other parts of plants 1,880.5 0.72 1,812.03.78
21 Miscellaneous edible preparations 2,062.0 0.79 2,160.4-4.55
22 Beverages, spirits and vinegar 6,932.2 2.67 6,872.80.86
23 Residues and waste from the food industries; prepared animal feed 544.5 0.21 520.54.60
24 Tobacco and manufactured tobacco substitutes 66.6 0.03 23.2187.06
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 2,198.5 0.85 2,121.63.62
26 Ores, slag and ash 0.0 0.00 6.0-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 8,096.3 3.12 22,794.3-64.48
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 206.8 0.08 162.827.03
29 Organic chemicals 205.1 0.08 114.379.41
30 Pharmaceutical products 646.2 0.25 128.8401.75
31 Fertilizers 31.1 0.01 31.5-1.30
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 3,018.3 1.16 2,646.914.03
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 2,544.6 0.98 1,928.731.93
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 1,699.1 0.65 1,579.07.61
35 Albuminoidal substances; modified starches; glues; enzymes 62.4 0.02 95.6-34.69
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 22.5 0.01 19.316.38
37 Photographic or cinematographic goods 12.0 0.00 20.9-42.43
38 Miscellaneous chemical products 1,078.8 0.42 709.652.03
39 Plastics and articles thereof 5,469.6 2.11 4,625.718.24
40 Rubber and articles thereof 751.0 0.29 854.2-12.08
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 417.0 0.16 340.822.37
44 Wood and articles of wood; wood charcoal 8,713.1 3.36 8,725.6-0.14
45 Cork and articles of cork 4.8 0.00 0.0
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 11.0 0.00 7.155.74
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 2,008.3 0.77 1,294.655.13
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 655.0 0.25 752.4-12.94
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 0.0 0.00 3.7-100.00
52 Cotton 4.4 0.00 0.0
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 23.6 0.01 0.0
54 Man-made filaments 0.0 0.00 320.3-100.00
55 Man-made staple fibers 21.9 0.01 122.5-82.16
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 181.7 0.07 133.236.41
57 Carpets and other textile floor coverings 108.6 0.04 195.6-44.47
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 7.9 0.00 35.9-77.92
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 107.7 0.04 43.4148.00
60 Knitted or crocheted fabrics 46.5 0.02 43.66.70
61 Articles of apparel and clothing accessories, knitted or crocheted 458.6 0.18 360.627.19
62 Articles of apparel and clothing accessories, not knitted or crocheted 369.4 0.14 566.5-34.78
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 789.9 0.30 911.5-13.33
64 Footwear, gaiters and the like; parts of such articles 980.1 0.38 939.94.28
65 Headgear and parts thereof 47.0 0.02 102.3-54.03
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 66.9 0.03 189.3-64.64
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 310.1 0.12 300.53.21
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 3,028.5 1.17 3,571.5-15.20
69 Ceramic products 891.8 0.34 1,119.8-20.36
70 Glass and glassware 522.2 0.20 514.11.59
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 658.5 0.25 341.193.07
72 Iron and steel 2,467.4 0.95 4,539.7-45.65
73 Articles of iron or steel 4,780.5 1.84 9,685.0-50.64
74 Copper and articles thereof 446.7 0.17 474.1-5.77
75 Nickel and articles thereof 117.4 0.05 175.2-33.02
76 Aluminum and articles thereof 3,086.2 1.19 2,064.549.49
78 Lead and articles thereof 36.4 0.01 15.7131.87
79 Zinc and articles thereof 2.6 0.00 38.1-93.15
80 Tin and articles thereof 12.2 0.00 79.4-84.57
81 Other base metals; cermets; articles thereof 38.5 0.01 32.518.37
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 1,261.6 0.49 1,808.5-30.24
83 Miscellaneous articles of base metal 1,997.3 0.77 1,542.029.53
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 20,266.3 7.81 18,055.612.24
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 13,312.5 5.13 18,240.5-27.02
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 96.2 0.04 132.6-27.45
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 18,238.2 7.03 15,683.816.29
88 Aircraft, spacecraft, and parts thereof 75,846.2 29.23 183,200.5-58.60
89 Ships, boats and floating structures 1,946.2 0.75 2,824.4-31.09
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 6,303.3 2.43 2,253.2179.75
91 Clocks and watches and parts thereof 466.6 0.18 396.917.55
92 Musical instruments; parts and accessories of such articles 107.3 0.04 62.970.77
93 Arms and ammunition; parts and accessories thereof 0.0 0.00 29.7-100.00
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 6,531.4 2.52 8,426.5-22.49
95 Toys, games and sports requisites; parts and accessories thereof 913.3 0.35 1,170.3-21.96
96 Miscellaneous manufactured articles 495.4 0.19 318.755.44
97 Works of art, collectors’ pieces and antiques 1,336.4 0.51 272.7390.11
99 Commodities not specified according to kind 23,731.2 9.15 26,218.5-9.49

US Imports from British Virgin Islands

The major share of US imports from British Virgin Islands in 2015 (and in 2014) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 10.00% of US total imports from British Virgin Islands (5.55% in 2014);
  • Chemical products (HS codes 28-40) - 6.15% of US total imports from British Virgin Islands (1.47% in 2014);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.26% of US total imports from British Virgin Islands (1.32% in 2014);
  • Metals and products from them (HS codes 72-83) - 2.21% of US total imports from British Virgin Islands (3.99% in 2014);
  • Precious metals and stones (HS code 71) - 2.03% of US total imports from British Virgin Islands (0.00% in 2014);
  • Food products and agricultural raw materials (HS codes 01-24) - 0.14% of US total imports from British Virgin Islands (1.41% in 2014).

The largest gains in US imports from British Virgin Islands in 2015 over 2014 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - an increase of $3.0 million;
  • Ships, boats and floating structures (HS code 89) - an increase of $0.7 million;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - an increase of $0.4 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $0.4 million;
  • Rubber and articles thereof (HS code 40) - an increase of $0.4 million;
  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - an increase of $0.3 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $0.2 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 $0.2 million;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - an increase of $0.1 million;
  • Plastics and articles thereof (HS code 39) - an increase of $0.1 million;
  • 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 (HS code 86) - an increase of $0.1 million;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $0.1 million;
  • Miscellaneous articles of base metal (HS code 83) - an increase of $0.1 million.

The largest declines in US imports from British Virgin Islands in 2015 over the 2014 were recorded for the following product groups:

  • Tobacco and manufactured tobacco substitutes (HS code 24) - a decrease of $0.1 million;
  • Articles of iron or steel (HS code 73) - a decrease of $0.1 million;
  • Aluminum and articles thereof (HS code 76) - a decrease of $0.1 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $0.1 million.
US imports from British Virgin Islands in 2015 by product groups
HS
code
Name of product group Value
of imports
in 2015
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2014
USD thousand)
Change
in 2015
over 2014
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 10.1 0.06 5.0100.04
09 Coffee, tea, maté and spices 0.0 0.00 7.1-100.00
21 Miscellaneous edible preparations 4.3 0.03 8.5-50.20
24 Tobacco and manufactured tobacco substitutes 8.5 0.05 135.2-93.68
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 0.0 0.00 14.5-100.00
29 Organic chemicals 0.0 0.00 15.0-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 552.2 3.31 145.0280.76
39 Plastics and articles thereof 105.1 0.63 1.010,384.83
40 Rubber and articles thereof 370.2 2.22 1.820,759.04
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 23.2 0.14 45.0-48.47
44 Wood and articles of wood; wood charcoal 29.9 0.18 50.1-40.39
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 0.0 0.00 50.0-100.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 0.0 0.00 0.6-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 1.2 0.01 1.7-26.71
62 Articles of apparel and clothing accessories, not knitted or crocheted 41.0 0.25 0.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 72.3 0.43 3.12,252.36
64 Footwear, gaiters and the like; parts of such articles 241.4 1.45 115.7108.63
65 Headgear and parts thereof 21.5 0.13 7.3195.31
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 0.0 0.00 18.1-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 119.1 0.71 69.371.73
70 Glass and glassware 2.6 0.02 8.3-68.71
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 339.7 2.03 0.0
72 Iron and steel 7.5 0.05 19.4-61.19
73 Articles of iron or steel 172.0 1.03 268.6-35.97
74 Copper and articles thereof 15.5 0.09 0.0
76 Aluminum and articles thereof 0.0 0.00 77.7-100.00
79 Zinc and articles thereof 60.0 0.36 23.4156.13
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 19.3 0.12 18.63.31
83 Miscellaneous articles of base metal 95.6 0.57 32.8191.25
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 448.0 2.68 240.386.48
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 444.3 2.66 270.064.57
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 71.7 0.43 0.0
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 7.8 0.05 15.5-49.70
88 Aircraft, spacecraft, and parts thereof 2.6 0.02 4.6-42.56
89 Ships, boats and floating structures 682.8 4.09 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 13.5 0.08 83.2-83.71
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 296.4 1.78 320.4-7.49
95 Toys, games and sports requisites; parts and accessories thereof 997.4 5.97 588.269.57
96 Miscellaneous manufactured articles 20.0 0.12 0.0
97 Works of art, collectors’ pieces and antiques 14.2 0.08 3.6297.03
99 Commodities not specified according to kind 11,389.7 68.20 8,377.635.95
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce