US trade with Falkland Islands in the 2nd quarter of 2017

Published or Updated: Aug 28, 2017

The report on US foreign trade in goods with Falkland Islands in the 2nd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Falkland Islands

In the 2nd quarter of 2017, US trade with Falkland Islands was $7.9 million, down 9.42% ($0.8 million) from the 2nd quarter of 2016.

US exports to Falkland Islands in the 2nd quarter of 2017 totaled $0.0 million, up 130.99% ($0.0 million) from the 2nd quarter of 2016.

US imports from Falkland Islands in the 2nd quarter of 2017 were $7.8 million, down 9.65% ($0.8 million) from the 2nd quarter of 2016.

US trade deficit with Falkland Islands in the 2nd quarter of 2017 was $7.8 million, a 9.89% decrease ($0.9 million) over the 2nd quarter of 2016.

Falkland Islands was the US 180th largest trading partner in the 2nd quarter of 2017 (down from 179th in the 2nd quarter of 2016), accounting for 0.0008% of US total trade (down from 0.0009% in the 2nd quarter of 2016).

Falkland Islands was the US 218th largest export market in the 2nd quarter of 2017 (up from 219th in the 2nd quarter of 2016), accounting for 0.0000% of US total exports (just as in the 2nd quarter of 2016).

Falkland Islands was the US 144th largest supplier in the 2nd quarter of 2017 (up from 148th in the 2nd quarter of 2016), accounting for 0.0013% of US total imports (down from 0.0015% in the 2nd quarter of 2016).

US Exports to Falkland Islands

The major share of US exports to Falkland Islands in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 72.66% of US total exports to Falkland Islands (19.03% in the 2nd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 27.34% of US total exports to Falkland Islands (74.12% in the 2nd quarter of 2016).

The largest gains in US exports to Falkland Islands in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Plastics and articles thereof (HS code 39) - an increase of $24.6 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $6.3 thousand.

The largest declines in US exports to Falkland Islands in the 2nd quarter of 2017 over the 2nd 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 $4.1 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 $3.8 thousand;
  • Organic chemicals (HS code 29) - a decrease of $2.8 thousand.
US exports to Falkland Islands in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q2 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q2 2016
(USD thousand)
Change
in Q2 2017
over Q2 2016
(%)
29 Organic chemicals 0.0 0.00 2.8-100.00
39 Plastics and articles thereof 24.6 72.66 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0.0 0.00 4.1-100.00
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 3.0 8.86 6.8-55.56
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 6.3 18.48 0.0

US Imports from Falkland Islands

The major share of US imports from Falkland Islands in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 99.87% of US total imports from Falkland Islands (98.82% in the 2nd quarter of 2016).

The largest gains in US imports from Falkland Islands in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • No product groups with a substantial increase.

The largest declines in US imports from Falkland Islands in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $748.3 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $25.3 thousand.
US imports from Falkland Islands in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q2 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q2 2016
(USD thousand)
Change
in Q2 2017
over Q2 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 7,822.5 99.83 8,570.7-8.73
09 Coffee, tea, maté and spices 3.1 0.04 0.0
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 8.0 0.10 0.0
97 Works of art, collectors’ pieces and antiques 0.0 0.00 25.3-100.00
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce