US trade with Maldives in the 1st quarter of 2017

Published or Updated: Aug 07, 2017

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

US Trade with Maldives

In the 1st quarter of 2017, US trade with Maldives totaled $21.0 million, up 17.97% ($3.2 million) from the 1st quarter of 2016.

US exports to Maldives in the 1st quarter of 2017 totaled $9.5 million, up 20.61% ($1.6 million) from the 1st quarter of 2016.

US imports from Maldives in the 1st quarter of 2017 totaled $11.5 million, up 15.87% ($1.6 million) from the 1st quarter of 2016.

US trade deficit with Maldives in the 1st quarter of 2017 was $2.0 million, a 2.49% decrease ($0.1 million) over the 1st quarter of 2016.

Maldives was the US 165th largest trading partner in the 1st quarter of 2017 (down from 163rd in the 1st quarter of 2016), accounting for 0.0022% of US total trade (up from 0.0020% in the 1st quarter of 2016).

Maldives was the US 167th largest export market in the 1st quarter of 2017 (just as in the 1st quarter of 2016), accounting for 0.0026% of US total exports (up from 0.0023% in the 1st quarter of 2016).

Maldives was the US 138th largest supplier in the 1st quarter of 2017 (up from 139th in the 1st quarter of 2016), accounting for 0.0020% of US total imports (up from 0.0019% in the 1st quarter of 2016).

US Exports to Maldives

The major share of US exports to Maldives 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) - 77.54% of US total exports to Maldives (66.24% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 5.38% of US total exports to Maldives (7.84% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 4.72% of US total exports to Maldives (4.40% in the 1st quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.69% of US total exports to Maldives (1.61% in the 1st quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 2.32% of US total exports to Maldives (5.15% in the 1st quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 0.29% of US total exports to Maldives (5.81% in the 1st quarter of 2016).

The largest gains in US exports to Maldives in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $1,289.5 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $769.6 thousand;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $200.6 thousand;
  • Edible vegetables and certain roots and tubers (HS code 07) - an increase of $185.5 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $151.0 thousand;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - an increase of $125.2 thousand;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $114.6 thousand;
  • Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included (HS code 04) - an increase of $72.0 thousand;
  • Man-made staple fibers (HS code 55) - an increase of $35.9 thousand.

The largest declines in US exports to Maldives in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $425.0 thousand;
  • Articles of iron or steel (HS code 73) - a decrease of $152.7 thousand;
  • Aluminum and articles thereof (HS code 76) - a decrease of $143.7 thousand;
  • Cocoa and cocoa preparations (HS code 18) - a decrease of $92.3 thousand;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $71.7 thousand;
  • Preparations of cereals, flour, starch or milk; bakers’ wares (HS code 19) - a decrease of $42.9 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $41.8 thousand;
  • Pharmaceutical products (HS code 30) - a decrease of $41.6 thousand;
  • 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 $38.0 thousand;
  • Rubber and articles thereof (HS code 40) - a decrease of $33.3 thousand.
US exports to Maldives 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
(%)
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 72.0 0.76 0.0
07 Edible vegetables and certain roots and tubers 185.5 1.95 0.0
08 Edible fruit and nuts; peel of citrus fruit or melons 26.6 0.28 0.0
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 3.0 0.03 0.0
17 Sugars and sugar confectionery 3.3 0.03 11.1-70.27
18 Cocoa and cocoa preparations 0.0 0.00 92.3-100.00
19 Preparations of cereals, flour, starch or milk; bakers’ wares 72.2 0.76 115.2-37.27
20 Preparations of vegetables, fruit, nuts or other parts of plants 51.6 0.54 77.7-33.57
21 Miscellaneous edible preparations 7.5 0.08 35.9-79.02
22 Beverages, spirits and vinegar 27.4 0.29 14.589.04
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 40.2 0.42 24.067.71
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 3.8 0.04 24.3-84.49
29 Organic chemicals 0.0 0.00 3.0-100.00
30 Pharmaceutical products 0.0 0.00 41.6-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 102.0 1.07 108.9-6.35
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 181.7 1.91 189.1-3.94
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 15.8 0.17 15.24.18
35 Albuminoidal substances; modified starches; glues; enzymes 0.0 0.00 2.5-100.00
38 Miscellaneous chemical products 74.9 0.79 65.614.14
39 Plastics and articles thereof 123.4 1.30 124.8-1.13
40 Rubber and articles thereof 9.8 0.10 43.1-77.22
41 Raw hides and skins (other than furskins) and leather 0.0 0.00 3.5-100.00
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 0.0 0.00 38.0-100.00
44 Wood and articles of wood; wood charcoal 11.6 0.12 436.6-97.35
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 15.8 0.17 21.2-25.60
54 Man-made filaments 19.5 0.21 19.50.00
55 Man-made staple fibers 59.0 0.62 23.2154.72
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.0 0.00 9.6-100.00
57 Carpets and other textile floor coverings 4.3 0.05 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 0.0 0.00 2.7-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 28.8 0.30 32.6-11.52
62 Articles of apparel and clothing accessories, not knitted or crocheted 3.7 0.04 19.6-81.15
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 2.7 0.03 20.0-86.57
64 Footwear, gaiters and the like; parts of such articles 125.2 1.32 0.0
65 Headgear and parts thereof 12.7 0.13 0.0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 200.6 2.11 0.0
69 Ceramic products 25.6 0.27 10.8136.95
70 Glass and glassware 5.7 0.06 9.8-41.73
73 Articles of iron or steel 70.6 0.74 223.2-68.39
74 Copper and articles thereof 0.0 0.00 3.5-100.00
76 Aluminum and articles thereof 14.6 0.15 158.3-90.78
80 Tin and articles thereof 3.5 0.04 0.0
81 Other base metals; cermets; articles thereof 4.9 0.05 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 123.5 1.30 8.91,286.94
83 Miscellaneous articles of base metal 3.5 0.04 12.1-70.79
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 1,816.0 19.11 1,665.09.07
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 779.1 8.20 777.30.24
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 204.5 2.15 246.3-16.97
88 Aircraft, spacecraft, and parts thereof 2,865.9 30.15 2,096.336.71
89 Ships, boats and floating structures 213.9 2.25 233.8-8.50
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,490.9 15.69 201.4640.42
91 Clocks and watches and parts thereof 6.4 0.07 19.4-67.00
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 117.8 1.24 139.4-15.46
95 Toys, games and sports requisites; parts and accessories thereof 59.1 0.62 130.9-54.82
96 Miscellaneous manufactured articles 22.6 0.24 0.0

US Imports from Maldives

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

  • Food products and agricultural raw materials (HS codes 01-24) - 94.71% of US total imports from Maldives (96.18% in the 1st quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 2.60% of US total imports from Maldives (0.13% in the 1st quarter of 2016).

The largest gains in US imports from Maldives in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $1,102.8 thousand;
  • Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates (HS code 16) - an increase of $241.5 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 $241.4 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $53.9 thousand.

The largest declines in US imports from Maldives in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • No product groups with a substantial decrease.
US imports from Maldives 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
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 10,641.1 92.61 9,538.311.56
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 241.5 2.10 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0.0 0.00 9.5-100.00
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 241.4 2.10 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 57.5 0.50 3.61,514.33
95 Toys, games and sports requisites; parts and accessories thereof 0.0 0.00 8.7-100.00
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce