US trade (export - import) with Falkland Islands in 2014

Published or Updated: Feb 09, 2017

The report on US foreign trade in goods with Falkland Islands in 2014: exports, imports, balance, product types and groups, dynamics.

US Trade with Falkland Islands

In 2014, US trade with Falkland Islands totaled $27.8 million, up 85.10% ($12.8 million) from 2013.

US exports to Falkland Islands in 2014 totaled $7.8 million, up 531.95% ($6.6 million) from 2013.

US imports from Falkland Islands in 2014 totaled $19.9 million, up 44.78% ($6.2 million) from 2013.

US trade deficit with Falkland Islands in 2014 was $12.1 million, a 3.54% decrease ($0.4 million) over 2013.

Falkland Islands was the US 186th largest trading partner in 2014 (up from 194th in 2013), accounting for 0.0007% of US total trade (up from 0.0004% in 2013).

Falkland Islands was the US 192nd largest export market in 2014 (up from 212th in 2013), accounting for 0.0005% of US total exports (up from 0.0001% in 2013).

Falkland Islands was the US 156th largest supplier in 2014 (up from 162nd in 2013), accounting for 0.0008% of US total imports (up from 0.0006% in 2013).

US Exports to Falkland Islands

The major share of US exports to Falkland Islands in 2014 (and in 2013) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 94.37% of US total exports to Falkland Islands (72.68% in 2013);
  • Metals and products from them (HS codes 72-83) - 0.80% of US total exports to Falkland Islands (5.24% in 2013);
  • Chemical products (HS codes 28-40) - 0.60% of US total exports to Falkland Islands (1.24% in 2013);
  • Food products and agricultural raw materials (HS codes 01-24) - 0.20% of US total exports to Falkland Islands (3.95% in 2013).

The largest gains in US exports to Falkland Islands in 2014 over 2013 were recorded for the following product groups:

  • Ships, boats and floating structures (HS code 89) - an increase of $5,956.3 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $340.4 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) - an increase of $131.9 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $97.7 thousand;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $51.3 thousand;
  • Articles of iron or steel (HS code 73) - an increase of $30.3 thousand;
  • Plastics and articles thereof (HS code 39) - an increase of $27.4 thousand.

The largest declines in US exports to Falkland Islands in 2014 over 2013 were recorded for the following product groups:

  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $54.7 thousand;
  • Meat and edible meat offal (HS code 02) - a decrease of $36.3 thousand.
US exports to Falkland Islands in 2014 by product groups
HS
code
Name of product group Value
of exports
in 2014
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2013
(USD thousand)
Change
in 2014
over 2013
(%)
02 Meat and edible meat offal 0.0 0.00 36.3-100.00
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 6.9 0.09 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0.0 0.00 5.4-100.00
19 Preparations of cereals, flour, starch or milk; bakers’ wares 9.0 0.11 0.0
20 Preparations of vegetables, fruit, nuts or other parts of plants 0.0 0.00 3.4-100.00
22 Beverages, spirits and vinegar 0.0 0.00 4.0-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 51.3 0.65 0.0
30 Pharmaceutical products 8.0 0.10 0.0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 4.6 0.06 0.0
38 Miscellaneous chemical products 2.8 0.04 15.4-81.67
39 Plastics and articles thereof 27.4 0.35 0.0
40 Rubber and articles thereof 4.1 0.05 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 20.0 0.25 0.0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0.0 0.00 6.7-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 9.1 0.12 0.0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 11.7 0.15 0.0
73 Articles of iron or steel 40.7 0.52 10.4290.42
76 Aluminum and articles thereof 3.4 0.04 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 0.0 0.00 54.7-100.00
83 Miscellaneous articles of base metal 18.6 0.24 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 844.2 10.76 503.767.58
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 261.9 3.34 130.0101.42
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 28.0 0.36 38.4-26.89
88 Aircraft, spacecraft, and parts thereof 174.6 2.23 76.9126.98
89 Ships, boats and floating structures 5,956.3 75.92 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 138.9 1.77 153.2-9.35
91 Clocks and watches and parts thereof 6.0 0.08 0.0
92 Musical instruments; parts and accessories of such articles 5.5 0.07 3.083.20
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 13.6 0.17 9.050.90
95 Toys, games and sports requisites; parts and accessories thereof 5.1 0.07 10.0-48.63
96 Miscellaneous manufactured articles 30.5 0.39 30.6-0.16
97 Works of art, collectors’ pieces and antiques 0.0 0.00 9.8-100.00
99 Commodities not specified according to kind 163.4 2.08 140.516.29

US Imports from Falkland Islands

The major share of US imports from Falkland Islands in 2014 (and in 2013) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 99.08% of US total imports from Falkland Islands (99.48% in 2013).

The largest gains in US imports from Falkland Islands in 2014 over 2013 were recorded for the following product groups:

  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $6,050.5 thousand;
  • Commodities not specified according to kind (HS code 99) - an increase of $125.3 thousand.

The largest declines in US imports from Falkland Islands in 2014 over the 2013 were recorded for the following product groups:

  • No product groups with a substantial decrease.
US imports from Falkland Islands in 2014 by product groups
HS
code
Name of product group Value
of imports
in 2014
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2013
USD thousand)
Change
in 2014
over 2013
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 19,737.2 99.08 13,686.744.21
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 4.0 0.02 0.0
83 Miscellaneous articles of base metal 0.0 0.00 4.7-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0.0 0.00 3.3-100.00
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 14.3 0.07 8.959.69
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 17.9 0.09 0.0
97 Works of art, collectors’ pieces and antiques 4.8 0.02 38.6-87.49
99 Commodities not specified according to kind 141.8 0.71 16.5761.06
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce