US trade (export - import) with British Virgin Islands in 2016

Published or Updated: May 21, 2017

The report on US foreign trade in goods with British Virgin Islands in 2016: exports, imports, balance, product types and groups, dynamics.

US Trade with British Virgin Islands

In 2016, US trade with British Virgin Islands totaled $364.4 million, up 31.93% ($88.2 million) from 2015.

US exports to British Virgin Islands in 2016 totaled $333.0 million, up 28.31% ($73.5 million) from 2015.

US imports from British Virgin Islands in 2016 totaled $31.4 million, up 88.21% ($14.7 million) from 2015.

US trade surplus with British Virgin Islands in 2016 was $301.5 million, a 24.19% increase ($58.7 million) over 2015.

British Virgin Islands was the US 121st largest trading partner in 2016 (up from 132nd in 2015), accounting for 0.0098% of US total trade (up from 0.0072% in 2015).

British Virgin Islands was the US 104th largest export market in 2016 (up from 117th in 2015), accounting for 0.0229% of US total exports (up from 0.0173% in 2015).

British Virgin Islands was the US 148th largest supplier in 2016 (up from 160th in 2015), accounting for 0.0014% of US total imports (up from 0.0007% in 2015).

US Exports to British Virgin Islands

The major share of US exports to British Virgin Islands in 2016 (and in 2015) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 62.54% of US total exports to British Virgin Islands (52.41% in 2015);
  • Food products and agricultural raw materials (HS codes 01-24) - 8.47% of US total exports to British Virgin Islands (11.25% in 2015);
  • Mineral products (HS codes 25-27) - 5.74% of US total exports to British Virgin Islands (3.97% in 2015);
  • Chemical products (HS codes 28-40) - 4.46% of US total exports to British Virgin Islands (6.07% in 2015);
  • Metals and products from them (HS codes 72-83) - 3.19% of US total exports to British Virgin Islands (5.49% in 2015);
  • Wood and wood products (HS codes 44-49) - 2.82% of US total exports to British Virgin Islands (4.39% in 2015);
  • Precious metals and stones (HS code 71) - 1.35% of US total exports to British Virgin Islands (0.25% in 2015);
  • Textiles, textile products and footwear (HS codes 50-67) - 0.93% of US total exports to British Virgin Islands (1.36% in 2015).

The largest gains in US exports to British Virgin Islands in 2016 over 2015 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $71,843.5 thousand;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $7,951.0 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $4,294.7 thousand;
  • 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 $3,852.7 thousand;
  • Ships, boats and floating structures (HS code 89) - an increase of $3,588.8 thousand.

The largest declines in US exports to British Virgin Islands in 2016 over 2015 were recorded for the following product groups:

  • 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 $3,158.8 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $2,544.3 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $1,863.3 thousand;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $1,395.5 thousand;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $1,364.7 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $1,303.1 thousand;
  • Articles of iron or steel (HS code 73) - a decrease of $1,170.5 thousand;
  • Aluminum and articles thereof (HS code 76) - a decrease of $1,145.3 thousand.
US exports to British Virgin Islands in 2016 by product groups
HS
code
Name of product group Value
of exports
in 2016
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2015
(USD thousand)
Change
in 2016
over 2015
(%)
01 Live animals 9.0 0.00 3.6149.58
02 Meat and edible meat offal 6,225.3 1.87 6,920.2-10.04
03 Fish and crustaceans, molluscs and other aquatic invertebrates 1,443.7 0.43 1,463.5-1.35
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 1,664.6 0.50 2,151.1-22.61
05 Products of animal origin, not elsewhere specified or included 109.1 0.03 21.5408.13
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 434.4 0.13 582.2-25.38
07 Edible vegetables and certain roots and tubers 520.4 0.16 341.552.38
08 Edible fruit and nuts; peel of citrus fruit or melons 953.7 0.29 594.560.44
09 Coffee, tea, maté and spices 239.6 0.07 108.0121.92
10 Cereals 514.7 0.15 494.44.11
11 Products of the milling industry; malt; starches; inulin; wheat gluten 392.1 0.12 320.222.46
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 75.0 0.02 64.616.10
13 Lac; gums, resins and other vegetable saps and extracts 2.7 0.00 5.3-48.78
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 0.0 0.00 5.0-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 440.1 0.13 445.5-1.21
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 1,192.6 0.36 1,249.7-4.57
17 Sugars and sugar confectionery 505.9 0.15 437.915.53
18 Cocoa and cocoa preparations 357.3 0.11 240.348.72
19 Preparations of cereals, flour, starch or milk; bakers’ wares 2,461.1 0.74 2,246.79.55
20 Preparations of vegetables, fruit, nuts or other parts of plants 1,630.5 0.49 1,880.5-13.30
21 Miscellaneous edible preparations 1,795.2 0.54 2,062.0-12.94
22 Beverages, spirits and vinegar 6,581.6 1.98 6,932.2-5.06
23 Residues and waste from the food industries; prepared animal feed 602.0 0.18 544.510.56
24 Tobacco and manufactured tobacco substitutes 35.5 0.01 66.6-46.68
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 3,030.6 0.91 2,198.537.85
26 Ores, slag and ash 43.6 0.01 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 16,047.3 4.82 8,096.398.21
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 183.6 0.06 206.8-11.24
29 Organic chemicals 92.2 0.03 205.1-55.02
30 Pharmaceutical products 140.9 0.04 646.2-78.19
31 Fertilizers 46.9 0.01 31.150.79
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 2,425.5 0.73 3,018.3-19.64
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 2,038.0 0.61 2,544.6-19.91
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 1,602.1 0.48 1,699.1-5.71
35 Albuminoidal substances; modified starches; glues; enzymes 83.8 0.03 62.434.23
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 15.3 0.00 22.5-31.91
37 Photographic or cinematographic goods 22.8 0.01 12.089.55
38 Miscellaneous chemical products 1,602.2 0.48 1,078.848.51
39 Plastics and articles thereof 5,843.7 1.76 5,469.66.84
40 Rubber and articles thereof 745.7 0.22 751.0-0.70
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 222.3 0.07 417.0-46.68
43 Furskins and artificial fur; manufactures thereof 30.8 0.01 0.0
44 Wood and articles of wood; wood charcoal 7,348.4 2.21 8,713.1-15.66
45 Cork and articles of cork 10.7 0.00 4.8123.74
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 0.0 0.00 11.0-100.00
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 25.0 0.01 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 1,474.0 0.44 2,008.3-26.60
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 538.5 0.16 655.0-17.78
52 Cotton 7.5 0.00 4.470.31
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 36.5 0.01 23.654.38
55 Man-made staple fibers 26.9 0.01 21.922.98
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 222.4 0.07 181.722.39
57 Carpets and other textile floor coverings 270.9 0.08 108.6149.48
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 2.7 0.00 7.9-66.57
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 36.4 0.01 107.7-66.20
60 Knitted or crocheted fabrics 19.3 0.01 46.5-58.54
61 Articles of apparel and clothing accessories, knitted or crocheted 360.2 0.11 458.6-21.44
62 Articles of apparel and clothing accessories, not knitted or crocheted 378.8 0.11 369.42.52
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 638.6 0.19 789.9-19.16
64 Footwear, gaiters and the like; parts of such articles 781.6 0.23 980.1-20.25
65 Headgear and parts thereof 121.1 0.04 47.0157.71
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 34.8 0.01 66.9-47.99
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 156.7 0.05 310.1-49.48
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 1,633.0 0.49 3,028.5-46.08
69 Ceramic products 606.0 0.18 891.8-32.05
70 Glass and glassware 690.9 0.21 522.232.30
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 4,511.2 1.35 658.5585.05
72 Iron and steel 2,192.5 0.66 2,467.4-11.14
73 Articles of iron or steel 3,610.0 1.08 4,780.5-24.48
74 Copper and articles thereof 578.4 0.17 446.729.47
75 Nickel and articles thereof 9.5 0.00 117.4-91.87
76 Aluminum and articles thereof 1,940.9 0.58 3,086.2-37.11
78 Lead and articles thereof 0.0 0.00 36.4-100.00
79 Zinc and articles thereof 2.7 0.00 2.61.57
80 Tin and articles thereof 16.5 0.00 12.234.36
81 Other base metals; cermets; articles thereof 50.6 0.02 38.531.54
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 760.9 0.23 1,261.6-39.69
83 Miscellaneous articles of base metal 1,463.6 0.44 1,997.3-26.72
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 18,403.0 5.53 20,266.3-9.19
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 10,153.7 3.05 13,312.5-23.73
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 154.2 0.05 96.260.21
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 22,532.9 6.77 18,238.223.55
88 Aircraft, spacecraft, and parts thereof 147,689.7 44.36 75,846.294.72
89 Ships, boats and floating structures 5,535.0 1.66 1,946.2184.40
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 3,759.0 1.13 6,303.3-40.36
91 Clocks and watches and parts thereof 896.3 0.27 466.692.08
92 Musical instruments; parts and accessories of such articles 61.0 0.02 107.3-43.18
93 Arms and ammunition; parts and accessories thereof 7.8 0.00 0.0
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 5,713.9 1.72 6,531.4-12.52
95 Toys, games and sports requisites; parts and accessories thereof 491.0 0.15 913.3-46.24
96 Miscellaneous manufactured articles 454.9 0.14 495.4-8.18
97 Works of art, collectors’ pieces and antiques 33.3 0.01 1,336.4-97.51
99 Commodities not specified according to kind 24,111.8 7.24 23,731.21.60

US Imports from British Virgin Islands

The major share of US imports from British Virgin Islands in 2016 (and in 2015) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 4.03% of US total imports from British Virgin Islands (10.00% in 2015);
  • Chemical products (HS codes 28-40) - 1.17% of US total imports from British Virgin Islands (6.15% in 2015);
  • Metals and products from them (HS codes 72-83) - 0.90% of US total imports from British Virgin Islands (2.21% in 2015);
  • Textiles, textile products and footwear (HS codes 50-67) - 0.68% of US total imports from British Virgin Islands (2.26% in 2015);
  • Precious metals and stones (HS code 71) - 0.23% of US total imports from British Virgin Islands (2.03% in 2015).

The largest gains in US imports from British Virgin Islands in 2016 over 2015 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - an increase of $15,797.2 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $1,109.6 thousand;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - an increase of $219.2 thousand;
  • Iron and steel (HS code 72) - an increase of $212.2 thousand;
  • 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 $206.3 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $163.9 thousand;
  • Glass and glassware (HS code 70) - an increase of $113.5 thousand.

The largest declines in US imports from British Virgin Islands in 2016 over the 2015 were recorded for the following product groups:

  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $918.5 thousand;
  • Ships, boats and floating structures (HS code 89) - a decrease of $682.8 thousand;
  • Rubber and articles thereof (HS code 40) - a decrease of $360.4 thousand;
  • 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) - a decrease of $267.2 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $241.6 thousand;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - a decrease of $241.4 thousand;
  • Articles of iron or steel (HS code 73) - a decrease of $168.5 thousand;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $119.1 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $102.8 thousand.
US imports from British Virgin Islands in 2016 by product groups
HS
code
Name of product group Value
of imports
in 2016
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2015
USD thousand)
Change
in 2016
over 2015
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 53.8 0.17 10.1434.87
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 219.2 0.70 0.0
21 Miscellaneous edible preparations 0.0 0.00 4.3-100.00
24 Tobacco and manufactured tobacco substitutes 0.0 0.00 8.5-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 4.7 0.02 0.0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 310.7 0.99 552.2-43.74
39 Plastics and articles thereof 47.3 0.15 105.1-54.93
40 Rubber and articles thereof 9.9 0.03 370.2-97.34
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 29.1 0.09 23.225.40
44 Wood and articles of wood; wood charcoal 41.0 0.13 29.937.18
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 5.7 0.02 0.0
54 Man-made filaments 11.2 0.04 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 90.6 0.29 1.27,365.79
62 Articles of apparel and clothing accessories, not knitted or crocheted 72.2 0.23 41.076.27
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 10.7 0.03 72.3-85.15
64 Footwear, gaiters and the like; parts of such articles 0.0 0.00 241.4-100.00
65 Headgear and parts thereof 27.9 0.09 21.529.88
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 0.0 0.00 119.1-100.00
69 Ceramic products 77.5 0.25 0.0
70 Glass and glassware 116.1 0.37 2.64,351.30
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 72.5 0.23 339.7-78.65
72 Iron and steel 219.7 0.70 7.52,818.06
73 Articles of iron or steel 3.5 0.01 172.0-97.95
74 Copper and articles thereof 0.0 0.00 15.5-100.00
76 Aluminum and articles thereof 21.5 0.07 0.0
79 Zinc and articles thereof 11.6 0.04 60.0-80.69
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 0.0 0.00 19.3-100.00
83 Miscellaneous articles of base metal 26.9 0.09 95.6-71.87
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 345.2 1.10 448.0-22.94
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 394.7 1.26 444.3-11.16
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 278.0 0.88 71.7287.66
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 66.5 0.21 7.8751.02
88 Aircraft, spacecraft, and parts thereof 3.6 0.01 2.636.04
89 Ships, boats and floating structures 0.0 0.00 682.8-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 177.5 0.56 13.51,209.97
92 Musical instruments; parts and accessories of such articles 4.9 0.02 0.0
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 248.7 0.79 296.4-16.12
95 Toys, games and sports requisites; parts and accessories thereof 78.9 0.25 997.4-92.09
96 Miscellaneous manufactured articles 41.3 0.13 20.0106.51
97 Works of art, collectors’ pieces and antiques 1,123.7 3.58 14.27,828.18
99 Commodities not specified according to kind 27,186.9 86.49 11,389.7138.70
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce