US trade with Cocos (Keeling) Islands in the 1st quarter of 2017

Published or Updated: Aug 08, 2017

The report on US foreign trade in goods with Cocos (Keeling) Islands in the 1st quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Cocos (Keeling) Islands

In the 1st quarter of 2017, US trade with Cocos (Keeling) Islands was $0.9 million, down 38.36% ($0.5 million) from the 1st quarter of 2016.

US exports to Cocos (Keeling) Islands in the 1st quarter of 2017 totaled $0.2 million, up 67.44% ($0.1 million) from the 1st quarter of 2016.

US imports from Cocos (Keeling) Islands in the 1st quarter of 2017 were $0.7 million, down 47.67% ($0.6 million) from the 1st quarter of 2016.

US trade deficit with Cocos (Keeling) Islands in the 1st quarter of 2017 was $0.5 million, a 58.76% decrease ($0.7 million) over the 1st quarter of 2016.

Cocos (Keeling) Islands was the US 207th largest trading partner in the 1st quarter of 2017 (down from 206th in the 1st quarter of 2016), accounting for 0.0001% of US total trade (down from 0.0002% in the 1st quarter of 2016).

Cocos (Keeling) Islands was the US 213th largest export market in the 1st quarter of 2017 (up from 215th in the 1st quarter of 2016), accounting for 0.0001% of US total exports (up from 0.0000% in the 1st quarter of 2016).

Cocos (Keeling) Islands was the US 188th largest supplier in the 1st quarter of 2017 (down from 178th in the 1st quarter of 2016), accounting for 0.0001% of US total imports (down from 0.0002% in the 1st quarter of 2016).

US Exports to Cocos (Keeling) Islands

The major share of US exports to Cocos (Keeling) Islands in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 60.65% of US total exports to Cocos (Keeling) Islands (33.60% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 17.29% of US total exports to Cocos (Keeling) Islands (0.00% in the 1st quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 13.13% of US total exports to Cocos (Keeling) Islands (58.73% in the 1st quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 6.12% of US total exports to Cocos (Keeling) Islands (0.00% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 0.00% of US total exports to Cocos (Keeling) Islands (3.41% in the 1st quarter of 2016).

The largest gains in US exports to Cocos (Keeling) Islands in the 1st quarter of 2017 over the 1st quarter of 2016 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) - an increase of $91.5 thousand;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - an increase of $33.2 thousand;
  • Miscellaneous articles of base metal (HS code 83) - an increase of $25.2 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $18.1 thousand;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $11.8 thousand.

The largest declines in US exports to Cocos (Keeling) Islands in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Articles of iron or steel (HS code 73) - a decrease of $67.4 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $23.8 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $7.8 thousand;
  • Plastics and articles thereof (HS code 39) - a decrease of $3.9 thousand.
US exports to Cocos (Keeling) Islands in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q1 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
20 Preparations of vegetables, fruit, nuts or other parts of plants 33.2 17.29 0.0
39 Plastics and articles thereof 0.0 0.00 3.9-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 11.8 6.12 0.0
73 Articles of iron or steel 0.0 0.00 67.4-100.00
83 Miscellaneous articles of base metal 25.2 13.13 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0.0 0.00 7.8-100.00
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 91.5 47.65 0.0
88 Aircraft, spacecraft, and parts thereof 25.0 13.01 6.9262.22
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 0.0 0.00 23.8-100.00

US Imports from Cocos (Keeling) Islands

The major share of US imports from Cocos (Keeling) Islands in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 26.13% of US total imports from Cocos (Keeling) Islands (93.46% in the 1st quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 26.01% of US total imports from Cocos (Keeling) Islands (0.62% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 8.14% of US total imports from Cocos (Keeling) Islands (0.00% in the 1st quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 6.53% of US total imports from Cocos (Keeling) Islands (3.81% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 4.39% of US total imports from Cocos (Keeling) Islands (0.00% in the 1st quarter of 2016).

The largest gains in US imports from Cocos (Keeling) Islands in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $88.1 thousand;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - an increase of $63.5 thousand;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $44.6 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 $37.2 thousand;
  • Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) (HS code 42) - an increase of $32.2 thousand;
  • Preparations of cereals, flour, starch or milk; bakers’ wares (HS code 19) - an increase of $31.1 thousand;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - an increase of $30.0 thousand;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $17.9 thousand;
  • Miscellaneous edible preparations (HS code 21) - an increase of $12.7 thousand;
  • Residues and waste from the food industries; prepared animal feed (HS code 23) - an increase of $11.8 thousand;
  • 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 $8.1 thousand.

The largest declines in US imports from Cocos (Keeling) Islands in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $586.8 thousand;
  • 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 $487.0 thousand;
  • Miscellaneous articles of base metal (HS code 83) - a decrease of $49.7 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $4.2 thousand;
  • Clocks and watches and parts thereof (HS code 91) - a decrease of $2.1 thousand.
US imports from Cocos (Keeling) Islands in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q1 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
19 Preparations of cereals, flour, starch or milk; bakers’ wares 31.1 4.55 0.0
21 Miscellaneous edible preparations 12.7 1.86 0.0
23 Residues and waste from the food industries; prepared animal feed 11.8 1.73 0.0
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 30.0 4.39 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 32.5 4.76 0.311,182.29
61 Articles of apparel and clothing accessories, knitted or crocheted 88.1 12.90 0.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 17.9 2.63 0.0
64 Footwear, gaiters and the like; parts of such articles 71.5 10.47 8.0789.87
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 44.6 6.53 0.0
83 Miscellaneous articles of base metal 0.0 0.00 49.7-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 141.2 20.68 728.0-80.61
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 0.0 0.00 487.0-100.00
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 37.2 5.45 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 0.0 0.00 4.2-100.00
91 Clocks and watches and parts thereof 0.0 0.00 2.1-100.00
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 18.2 2.66 10.180.79
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce