US trade (export - import) with British Virgin Islands in 2018

Published or Updated: Jun 05, 2019

The report on US foreign trade in goods with British Virgin Islands in 2018: exports, imports, balance, product types and groups, dynamics.

US Trade with British Virgin Islands

In 2018, US trade with British Virgin Islands totaled $859.1 million, up 129.01% ($483.9 million) from 2017.

US exports to British Virgin Islands in 2018 totaled $825.2 million, up 124.16% ($457.1 million) from 2017.

US imports from British Virgin Islands in 2018 totaled $33.8 million, up 385.27% ($26.9 million) from 2017.

US trade surplus with British Virgin Islands in 2018 was $791.4 million, a 119.12% increase ($430.2 million) over 2017.

British Virgin Islands was the US 102nd largest trading partner in 2018 (up from 123rd in 2017), accounting for 0.0201% of US total trade (up from 0.0095% in 2017).

British Virgin Islands was the US 82nd largest export market in 2018 (up from 109th in 2017), accounting for 0.0496% of US total exports (up from 0.0238% in 2017).

British Virgin Islands was the US 149th largest supplier in 2018 (up from 176th in 2017), accounting for 0.0013% of US total imports (up from 0.0003% in 2017).

US Exports to British Virgin Islands

The major share of US exports to British Virgin Islands in 2018 (and in 2017) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 60.05% of US total exports to British Virgin Islands (44.61% in 2017);
  • Mineral products (HS codes 25-27) - 12.90% of US total exports to British Virgin Islands (16.77% in 2017);
  • Metals and products from them (HS codes 72-83) - 5.22% of US total exports to British Virgin Islands (4.24% in 2017);
  • Food products and agricultural raw materials (HS codes 01-24) - 3.89% of US total exports to British Virgin Islands (7.52% in 2017);
  • Wood and wood products (HS codes 44-49) - 3.63% of US total exports to British Virgin Islands (4.19% in 2017);
  • Chemical products (HS codes 28-40) - 2.49% of US total exports to British Virgin Islands (4.38% in 2017);
  • Textiles, textile products and footwear (HS codes 50-67) - 0.65% of US total exports to British Virgin Islands (1.13% in 2017).

The largest gains in US exports to British Virgin Islands in 2018 over 2017 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $281.5 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $44.3 million;
  • Ships, boats and floating structures (HS code 89) - an increase of $21.8 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $14.6 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $14.1 million;
  • Articles of iron or steel (HS code 73) - an increase of $13.7 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $10.0 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 $9.4 million;
  • Aluminum and articles thereof (HS code 76) - an increase of $8.5 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $7.3 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 $4.2 million;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $3.9 million;
  • Glass and glassware (HS code 70) - an increase of $3.5 million;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - an increase of $2.9 million.

The largest declines in US exports to British Virgin Islands in 2018 over 2017 were recorded for the following product groups:

  • No product groups with a substantial decrease.
US exports to British Virgin Islands in 2018 by product groups
HS
code
Name of product group Value
of exports
in 2018
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2017
(USD thousand)
Change
in 2018
over 2017
(%)
02 Meat and edible meat offal 5,887.0 0.71 6,489.3-9.28
03 Fish and crustaceans, molluscs and other aquatic invertebrates 1,541.2 0.19 1,556.5-0.98
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 2,607.4 0.32 2,052.427.04
05 Products of animal origin, not elsewhere specified or included 69.5 0.01 115.7-39.90
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 2,458.5 0.30 466.2427.35
07 Edible vegetables and certain roots and tubers 1,598.1 0.19 833.291.81
08 Edible fruit and nuts; peel of citrus fruit or melons 1,047.5 0.13 1,079.8-2.99
09 Coffee, tea, maté and spices 135.5 0.02 123.59.71
10 Cereals 560.2 0.07 544.92.81
11 Products of the milling industry; malt; starches; inulin; wheat gluten 149.7 0.02 247.5-39.53
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 31.0 0.00 73.5-57.88
13 Lac; gums, resins and other vegetable saps and extracts 8.3 0.00 5.648.75
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 245.7 0.03 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 379.9 0.05 393.3-3.42
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 1,010.6 0.12 1,162.4-13.05
17 Sugars and sugar confectionery 331.4 0.04 412.0-19.58
18 Cocoa and cocoa preparations 282.9 0.03 269.84.89
19 Preparations of cereals, flour, starch or milk; bakers’ wares 2,209.8 0.27 2,276.0-2.91
20 Preparations of vegetables, fruit, nuts or other parts of plants 1,664.6 0.20 1,520.69.47
21 Miscellaneous edible preparations 1,892.5 0.23 1,326.142.71
22 Beverages, spirits and vinegar 7,604.3 0.92 6,218.122.29
23 Residues and waste from the food industries; prepared animal feed 375.5 0.05 511.3-26.55
24 Tobacco and manufactured tobacco substitutes 6.3 0.00 18.0-64.77
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 3,183.9 0.39 2,695.518.12
26 Ores, slag and ash 25.7 0.00 61.9-58.43
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 103,279.4 12.51 58,986.975.09
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 320.8 0.04 327.9-2.14
29 Organic chemicals 141.9 0.02 795.1-82.16
30 Pharmaceutical products 470.0 0.06 194.9141.07
31 Fertilizers 19.1 0.00 31.2-38.72
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 5,361.1 0.65 2,478.4116.31
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 2,432.0 0.29 1,736.440.06
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 1,483.4 0.18 1,849.5-19.79
35 Albuminoidal substances; modified starches; glues; enzymes 341.0 0.04 252.135.26
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 13.5 0.00 47.5-71.48
37 Photographic or cinematographic goods 3.8 0.00 10.4-63.59
38 Miscellaneous chemical products 1,936.6 0.23 1,319.646.76
39 Plastics and articles thereof 7,181.3 0.87 6,514.310.24
40 Rubber and articles thereof 842.7 0.10 565.449.04
41 Raw hides and skins (other than furskins) and leather 5.7 0.00 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 974.1 0.12 289.9236.05
43 Furskins and artificial fur; manufactures thereof 39.0 0.00 0.0
44 Wood and articles of wood; wood charcoal 28,177.1 3.41 13,540.1108.10
45 Cork and articles of cork 46.7 0.01 38.022.84
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 0.0 0.00 16.0-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 1,323.9 0.16 1,400.0-5.43
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 425.5 0.05 413.92.82
52 Cotton 4.5 0.00 16.5-72.67
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 188.7 0.02 13.41,312.75
54 Man-made filaments 57.9 0.01 10.5451.89
55 Man-made staple fibers 93.9 0.01 32.3190.75
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 373.0 0.05 263.741.45
57 Carpets and other textile floor coverings 504.2 0.06 311.661.81
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 2.6 0.00 8.3-68.19
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 184.1 0.02 74.1148.45
60 Knitted or crocheted fabrics 44.0 0.01 27.559.90
61 Articles of apparel and clothing accessories, knitted or crocheted 381.1 0.05 440.3-13.44
62 Articles of apparel and clothing accessories, not knitted or crocheted 738.4 0.09 390.189.29
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 1,426.3 0.17 967.447.44
64 Footwear, gaiters and the like; parts of such articles 866.1 0.10 784.810.37
65 Headgear and parts thereof 201.9 0.02 83.6141.51
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 96.5 0.01 109.6-11.93
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 186.2 0.02 635.2-70.68
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 5,848.8 0.71 1,997.1192.86
69 Ceramic products 1,347.3 0.16 1,887.3-28.61
70 Glass and glassware 6,287.7 0.76 2,820.1122.96
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 3,987.2 0.48 1,768.5125.45
72 Iron and steel 3,664.2 0.44 1,524.0140.44
73 Articles of iron or steel 19,642.5 2.38 5,918.4231.89
74 Copper and articles thereof 1,528.3 0.19 760.9100.85
75 Nickel and articles thereof 161.1 0.02 23.4588.49
76 Aluminum and articles thereof 12,901.7 1.56 4,414.1192.28
78 Lead and articles thereof 7.7 0.00 15.7-50.86
79 Zinc and articles thereof 31.2 0.00 3.0957.47
80 Tin and articles thereof 21.1 0.00 6.0249.62
81 Other base metals; cermets; articles thereof 44.2 0.01 51.9-14.85
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 1,288.3 0.16 808.959.26
83 Miscellaneous articles of base metal 3,781.5 0.46 2,089.480.98
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 29,355.6 3.56 22,011.233.37
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 27,375.6 3.32 17,984.652.22
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 243.9 0.03 236.63.08
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 32,345.2 3.92 22,346.044.75
88 Aircraft, spacecraft, and parts thereof 375,407.1 45.49 93,953.1299.57
89 Ships, boats and floating structures 25,037.3 3.03 3,243.6671.91
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 5,825.6 0.71 4,473.930.21
91 Clocks and watches and parts thereof 826.0 0.10 691.919.38
92 Musical instruments; parts and accessories of such articles 85.0 0.01 61.737.79
93 Arms and ammunition; parts and accessories thereof 130.1 0.02 14.1824.49
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 16,385.6 1.99 12,167.334.67
95 Toys, games and sports requisites; parts and accessories thereof 1,693.1 0.21 776.6118.00
96 Miscellaneous manufactured articles 522.5 0.06 832.5-37.24
97 Works of art, collectors’ pieces and antiques 64.7 0.01 42.253.23
99 Commodities not specified according to kind 53,931.5 6.54 39,802.635.50

US Imports from British Virgin Islands

The major share of US imports from British Virgin Islands in 2018 (and in 2017) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 9.02% of US total imports from British Virgin Islands (26.75% in 2017);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.18% of US total imports from British Virgin Islands (8.51% in 2017);
  • Metals and products from them (HS codes 72-83) - 0.30% of US total imports from British Virgin Islands (5.18% in 2017);
  • Chemical products (HS codes 28-40) - 0.24% of US total imports from British Virgin Islands (11.11% in 2017);
  • Mineral products (HS codes 25-27) - 0.00% of US total imports from British Virgin Islands (2.82% in 2017).

The largest gains in US imports from British Virgin Islands in 2018 over 2017 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - an increase of $16.2 million;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $10.0 million;
  • Ships, boats and floating structures (HS code 89) - an increase of $2.0 million;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $0.4 million;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $0.2 million.

The largest declines in US imports from British Virgin Islands in 2018 over the 2017 were recorded for the following product groups:

  • Rubber and articles thereof (HS code 40) - a decrease of $0.6 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $0.5 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) - a decrease of $0.3 million;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - a decrease of $0.2 million;
  • Salt; sulfur; earths and stone; plastering materials, lime and cement (HS code 25) - a decrease of $0.2 million;
  • Articles of iron or steel (HS code 73) - a decrease of $0.2 million.
US imports from British Virgin Islands in 2018 by product groups
HS
code
Name of product group Value
of imports
in 2018
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2017
USD thousand)
Change
in 2018
over 2017
(%)
22 Beverages, spirits and vinegar 84.3 0.25 0.0
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 0.0 0.00 196.3-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 5.6 0.02 0.0
39 Plastics and articles thereof 17.8 0.05 102.5-82.67
40 Rubber and articles thereof 58.0 0.17 672.0-91.37
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 68.8 0.20 14.8365.57
44 Wood and articles of wood; wood charcoal 0.0 0.00 45.8-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 18.9 0.06 0.0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0.0 0.00 3.0-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 28.1 0.08 20.040.37
61 Articles of apparel and clothing accessories, knitted or crocheted 440.4 1.30 52.0746.68
62 Articles of apparel and clothing accessories, not knitted or crocheted 10.7 0.03 46.7-77.00
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 144.3 0.43 95.750.86
64 Footwear, gaiters and the like; parts of such articles 114.4 0.34 333.0-65.64
65 Headgear and parts thereof 1.1 0.00 46.2-97.66
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 218.6 0.65 0.0
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 105.9 0.31 34.7204.80
72 Iron and steel 20.9 0.06 43.0-51.38
73 Articles of iron or steel 31.6 0.09 224.3-85.91
74 Copper and articles thereof 2.7 0.01 0.0
75 Nickel and articles thereof 0.0 0.00 2.6-100.00
76 Aluminum and articles thereof 23.1 0.07 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 15.7 0.05 2.2621.67
83 Miscellaneous articles of base metal 8.4 0.02 89.3-90.60
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 440.2 1.30 897.9-50.97
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 207.1 0.61 259.4-20.16
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 338.0 1.00 680.7-50.35
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 46.3 0.14 11.4304.43
88 Aircraft, spacecraft, and parts thereof 7.6 0.02 0.0
89 Ships, boats and floating structures 1,954.3 5.78 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 58.0 0.17 15.0286.53
91 Clocks and watches and parts thereof 25.3 0.07 15.266.80
92 Musical instruments; parts and accessories of such articles 0.0 0.00 3.2-100.00
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 56.1 0.17 36.255.10
95 Toys, games and sports requisites; parts and accessories thereof 166.8 0.49 155.67.23
96 Miscellaneous manufactured articles 0.0 0.00 8.7-100.00
97 Works of art, collectors’ pieces and antiques 10,038.5 29.67 5.7175,091.36
99 Commodities not specified according to kind 19,070.8 56.38 2,858.0567.27
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce