US trade with British Virgin Islands in the first half of 2017

Published or Updated: Oct 21, 2017

The report on US foreign trade in goods with British Virgin Islands in the first half of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with British Virgin Islands

In the first half of 2017, US trade with British Virgin Islands was $168.0 million, down 6.86% ($12.4 million) from the first half of 2016.

US exports to British Virgin Islands in the first half of 2017 were $164.2 million, down 5.14% ($8.9 million) from the first half of 2016.

US imports from British Virgin Islands in the first half of 2017 were $3.8 million, down 47.74% ($3.5 million) from the first half of 2016.

US trade surplus with British Virgin Islands in the first half of 2017 was $160.4 million, a 3.26% decrease ($5.4 million) over the first half of 2016.

British Virgin Islands was the US 124th largest trading partner in the first half of 2017 (down from 119th in the first half of 2016), accounting for 0.0087% of US total trade (down from 0.0100% in the first half of 2016).

British Virgin Islands was the US 109th largest export market in the first half of 2017 (down from 100th in the first half of 2016), accounting for 0.0217% of US total exports (down from 0.0243% in the first half of 2016).

British Virgin Islands was the US 175th largest supplier in the first half of 2017 (down from 164th in the first half of 2016), accounting for 0.0003% of US total imports (down from 0.0007% in the first half of 2016).

US Exports to British Virgin Islands

The major share of US exports to British Virgin Islands in the first half of 2017 (and in the first half of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 56.21% of US total exports to British Virgin Islands (67.63% in the first half of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 9.18% of US total exports to British Virgin Islands (9.00% in the first half of 2016);
  • Mineral products (HS codes 25-27) - 5.71% of US total exports to British Virgin Islands (3.06% in the first half of 2016);
  • Chemical products (HS codes 28-40) - 4.77% of US total exports to British Virgin Islands (3.50% in the first half of 2016);
  • Metals and products from them (HS codes 72-83) - 4.36% of US total exports to British Virgin Islands (2.78% in the first half of 2016);
  • Wood and wood products (HS codes 44-49) - 3.37% of US total exports to British Virgin Islands (2.68% in the first half of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.48% of US total exports to British Virgin Islands (0.87% in the first half of 2016);
  • Precious metals and stones (HS code 71) - 0.95% of US total exports to British Virgin Islands (1.08% in the first half of 2016).

The largest gains in US exports to British Virgin Islands in the first half of 2017 over the first half of 2016 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $4.2 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 $2.1 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $1.7 million;
  • Plastics and articles thereof (HS code 39) - an increase 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) - an increase of $1.3 million;
  • Articles of iron or steel (HS code 73) - an increase of $1.2 million;
  • Ceramic products (HS code 69) - an increase of $0.9 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $0.9 million;
  • Aluminum and articles thereof (HS code 76) - an increase of $0.8 million;
  • Organic chemicals (HS code 29) - an increase of $0.7 million.

The largest declines in US exports to British Virgin Islands in the first half of 2017 over the first half of 2016 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $24.2 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $1.8 million;
  • Ships, boats and floating structures (HS code 89) - a decrease of $1.7 million.
US exports to British Virgin Islands in the first half of 2017 by product groups
HS
code
Name of product group Value
of exports
in first-half 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in first-half 2016
(USD thousand)
Change
in first-half 2017
over first-half 2016
(%)
01 Live animals 0.0 0.00 3.0-100.00
02 Meat and edible meat offal 3,113.7 1.90 3,379.5-7.86
03 Fish and crustaceans, molluscs and other aquatic invertebrates 921.6 0.56 863.46.73
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 1,144.6 0.70 1,028.011.34
05 Products of animal origin, not elsewhere specified or included 112.6 0.07 2.74,072.05
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 185.6 0.11 190.3-2.47
07 Edible vegetables and certain roots and tubers 440.5 0.27 298.947.37
08 Edible fruit and nuts; peel of citrus fruit or melons 730.1 0.44 600.821.52
09 Coffee, tea, maté and spices 88.5 0.05 159.1-44.38
10 Cereals 289.6 0.18 262.010.51
11 Products of the milling industry; malt; starches; inulin; wheat gluten 125.9 0.08 176.6-28.68
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 19.7 0.01 44.3-55.39
13 Lac; gums, resins and other vegetable saps and extracts 0.0 0.00 2.7-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 219.5 0.13 240.1-8.58
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 687.6 0.42 615.811.67
17 Sugars and sugar confectionery 212.8 0.13 246.5-13.64
18 Cocoa and cocoa preparations 135.4 0.08 130.24.02
19 Preparations of cereals, flour, starch or milk; bakers’ wares 1,201.7 0.73 1,302.7-7.75
20 Preparations of vegetables, fruit, nuts or other parts of plants 924.4 0.56 993.5-6.96
21 Miscellaneous edible preparations 779.6 0.47 1,015.7-23.25
22 Beverages, spirits and vinegar 3,404.4 2.07 3,690.4-7.75
23 Residues and waste from the food industries; prepared animal feed 320.6 0.20 313.02.44
24 Tobacco and manufactured tobacco substitutes 15.2 0.01 23.0-33.91
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 1,633.6 0.99 1,742.7-6.26
26 Ores, slag and ash 26.1 0.02 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 7,723.4 4.70 3,547.4117.72
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 160.3 0.10 88.681.03
29 Organic chemicals 717.2 0.44 33.02,070.42
30 Pharmaceutical products 113.3 0.07 83.136.24
31 Fertilizers 14.3 0.01 29.8-51.79
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 941.1 0.57 1,047.1-10.12
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 741.2 0.45 938.6-21.03
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 887.6 0.54 862.12.96
35 Albuminoidal substances; modified starches; glues; enzymes 93.2 0.06 27.4240.37
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 11.6 0.01 11.8-1.71
37 Photographic or cinematographic goods 7.4 0.00 0.0
38 Miscellaneous chemical products 721.7 0.44 716.00.79
39 Plastics and articles thereof 3,230.3 1.97 1,916.768.53
40 Rubber and articles thereof 190.1 0.12 307.3-38.14
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 228.0 0.14 95.6138.51
43 Furskins and artificial fur; manufactures thereof 0.0 0.00 30.8-100.00
44 Wood and articles of wood; wood charcoal 4,345.5 2.65 3,454.025.81
45 Cork and articles of cork 16.0 0.01 2.9445.43
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 6.2 0.00 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 877.1 0.53 863.51.58
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 282.4 0.17 315.3-10.44
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 13.4 0.01 23.5-43.24
54 Man-made filaments 3.1 0.00 0.0
55 Man-made staple fibers 19.0 0.01 7.6149.57
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 99.7 0.06 186.7-46.60
57 Carpets and other textile floor coverings 165.3 0.10 123.533.81
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 5.7 0.00 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 36.2 0.02 36.4-0.54
60 Knitted or crocheted fabrics 18.4 0.01 12.349.01
61 Articles of apparel and clothing accessories, knitted or crocheted 288.9 0.18 154.487.07
62 Articles of apparel and clothing accessories, not knitted or crocheted 296.0 0.18 189.056.61
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 382.6 0.23 202.988.52
64 Footwear, gaiters and the like; parts of such articles 402.7 0.25 362.011.25
65 Headgear and parts thereof 68.4 0.04 38.677.47
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 18.7 0.01 16.711.72
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 620.0 0.38 153.9302.93
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 648.4 0.39 789.7-17.89
69 Ceramic products 1,224.2 0.75 330.1270.81
70 Glass and glassware 541.0 0.33 429.525.97
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 1,559.0 0.95 1,866.1-16.46
72 Iron and steel 1,035.3 0.63 1,171.6-11.64
73 Articles of iron or steel 2,765.5 1.68 1,547.978.66
74 Copper and articles thereof 372.6 0.23 307.221.27
75 Nickel and articles thereof 7.5 0.00 9.5-21.66
76 Aluminum and articles thereof 1,559.7 0.95 717.9117.26
79 Zinc and articles thereof 0.0 0.00 2.7-100.00
80 Tin and articles thereof 2.7 0.00 16.5-83.59
81 Other base metals; cermets; articles thereof 39.4 0.02 18.0119.11
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 477.6 0.29 439.98.57
83 Miscellaneous articles of base metal 900.0 0.55 577.155.95
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 11,445.6 6.97 9,746.417.43
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 5,939.0 3.62 4,658.327.49
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 47.2 0.03 70.1-32.60
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 10,930.3 6.66 12,774.7-14.44
88 Aircraft, spacecraft, and parts thereof 60,076.1 36.58 84,251.7-28.69
89 Ships, boats and floating structures 1,341.3 0.82 3,017.7-55.55
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 2,523.3 1.54 2,559.1-1.40
91 Clocks and watches and parts thereof 462.5 0.28 331.339.62
92 Musical instruments; parts and accessories of such articles 49.3 0.03 36.933.61
93 Arms and ammunition; parts and accessories thereof 14.1 0.01 3.9260.77
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 4,394.6 2.68 2,344.087.48
95 Toys, games and sports requisites; parts and accessories thereof 415.4 0.25 233.977.58
96 Miscellaneous manufactured articles 258.1 0.16 240.77.22
97 Works of art, collectors’ pieces and antiques 20.4 0.01 14.738.45

US Imports from British Virgin Islands

The major share of US imports from British Virgin Islands in the first half of 2017 (and in the first half of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 17.94% of US total imports from British Virgin Islands (8.85% in the first half of 2016);
  • Chemical products (HS codes 28-40) - 14.06% of US total imports from British Virgin Islands (5.04% in the first half of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 12.26% of US total imports from British Virgin Islands (2.89% in the first half of 2016);
  • Metals and products from them (HS codes 72-83) - 4.18% of US total imports from British Virgin Islands (0.57% in the first half of 2016);
  • Mineral products (HS codes 25-27) - 3.58% of US total imports from British Virgin Islands (0.07% in the first half of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 0.00% of US total imports from British Virgin Islands (1.98% in the first half of 2016).

The largest gains in US imports from British Virgin Islands in the first half of 2017 over the first half of 2016 were recorded for the following product groups:

  • Rubber and articles thereof (HS code 40) - an increase of $0.5 million;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - an increase of $0.3 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 $0.2 million;
  • Salt; sulfur; earths and stone; plastering materials, lime and cement (HS code 25) - an increase of $0.1 million;
  • Articles of iron or steel (HS code 73) - an increase of $0.1 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - 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;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - an increase of $0.0 million;
  • Iron and steel (HS code 72) - an increase of $0.0 million;
  • Clocks and watches and parts thereof (HS code 91) - an increase of $0.0 million.

The largest declines in US imports from British Virgin Islands in the first half of 2017 over the first half of 2016 were recorded for the following product groups:

  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $0.3 million;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - a decrease of $0.1 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 $0.1 million;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - a decrease of $0.1 million;
  • Ceramic products (HS code 69) - 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;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $0.1 million;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - a decrease of $0.1 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) - a decrease of $0.1 million;
  • Miscellaneous manufactured articles (HS code 96) - a decrease of $0.0 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $0.0 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 $0.0 million;
  • Plastics and articles thereof (HS code 39) - a decrease of $0.0 million;
  • Aluminum and articles thereof (HS code 76) - a decrease of $0.0 million;
  • Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) (HS code 42) - a decrease of $0.0 million;
  • Zinc and articles thereof (HS code 79) - a decrease of $0.0 million.
US imports from British Virgin Islands in the first half of 2017 by product groups
HS
code
Name of product group Value
of imports
in first-half 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in first-half 2016
(USD thousand)
Change
in first-half 2017
over first-half 2016
(%)
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0.0 0.00 144.0-100.00
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 136.3 3.58 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 0.0 0.00 4.7-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0.0 0.00 310.7-100.00
39 Plastics and articles thereof 14.9 0.39 46.7-68.06
40 Rubber and articles thereof 520.4 13.67 9.95,175.28
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 10.9 0.29 29.1-62.51
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 3.0 0.08 0.0
54 Man-made filaments 0.0 0.00 11.2-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 4.3 0.11 90.6-95.27
62 Articles of apparel and clothing accessories, not knitted or crocheted 2.9 0.08 72.2-95.96
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 95.7 2.51 8.61,017.13
64 Footwear, gaiters and the like; parts of such articles 330.0 8.67 0.0
65 Headgear and parts thereof 34.1 0.90 27.922.21
69 Ceramic products 0.0 0.00 77.5-100.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 14.0 0.37 72.5-80.63
72 Iron and steel 31.8 0.83 0.0
73 Articles of iron or steel 127.3 3.34 3.53,504.22
76 Aluminum and articles thereof 0.0 0.00 21.5-100.00
79 Zinc and articles thereof 0.0 0.00 11.6-100.00
83 Miscellaneous articles of base metal 0.0 0.00 4.6-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 388.3 10.20 300.529.19
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 42.0 1.10 152.0-72.38
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 238.9 6.27 62.7281.32
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 11.4 0.30 50.8-77.47
88 Aircraft, spacecraft, and parts thereof 0.0 0.00 3.6-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 2.4 0.06 75.0-96.79
91 Clocks and watches and parts thereof 15.2 0.40 0.0
92 Musical instruments; parts and accessories of such articles 0.0 0.00 4.9-100.00
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 0.0 0.00 34.8-100.00
95 Toys, games and sports requisites; parts and accessories thereof 85.3 2.24 51.964.52
96 Miscellaneous manufactured articles 0.0 0.00 41.3-100.00
97 Works of art, collectors’ pieces and antiques 2.1 0.06 73.0-97.12
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce