US trade with Maldives in the 2nd quarter of 2017

Published or Updated: Sep 01, 2017

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

US Trade with Maldives

In the 2nd quarter of 2017, US trade with Maldives was $15.5 million, down 3.43% ($0.5 million) from the 2nd quarter of 2016.

US exports to Maldives in the 2nd quarter of 2017 totaled $8.9 million, up 13.49% ($1.1 million) from the 2nd quarter of 2016.

US imports from Maldives in the 2nd quarter of 2017 were $6.6 million, down 19.57% ($1.6 million) from the 2nd quarter of 2016.

US trade balance with Maldives went from a deficit of $0.4 million in the 2nd quarter of 2016, to a surplus of $2.3 million in the 2nd quarter of 2017.

Maldives was the US 170th largest trading partner in the 2nd quarter of 2017 (down from 167th in the 2nd quarter of 2016), accounting for 0.0016% of US total trade (down from 0.0017% in the 2nd quarter of 2016).

Maldives was the US 168th largest export market in the 2nd quarter of 2017 (up from 170th in the 2nd quarter of 2016), accounting for 0.0023% of US total exports (up from 0.0022% in the 2nd quarter of 2016).

Maldives was the US 150th largest supplier in the 2nd quarter of 2017 (down from 149th in the 2nd quarter of 2016), accounting for 0.0011% of US total imports (down from 0.0015% in the 2nd quarter of 2016).

US Exports to Maldives

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

  • Machinery, equipment and vehicles (HS codes 84-90) - 73.45% of US total exports to Maldives (76.31% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 7.05% of US total exports to Maldives (1.77% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 6.92% of US total exports to Maldives (6.37% in the 2nd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 3.96% of US total exports to Maldives (3.35% in the 2nd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.12% of US total exports to Maldives (1.85% in the 2nd quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 1.55% of US total exports to Maldives (4.01% in the 2nd quarter of 2016);
  • Mineral products (HS codes 25-27) - 0.69% of US total exports to Maldives (1.63% in the 2nd quarter of 2016).

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

  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $908.7 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $622.0 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 $592.9 thousand;
  • Articles of iron or steel (HS code 73) - an increase of $458.1 thousand;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - an increase of $134.8 thousand;
  • Cocoa and cocoa preparations (HS code 18) - an increase of $114.6 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $75.0 thousand;
  • 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 (HS code 34) - an increase of $64.1 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $54.1 thousand;
  • Aluminum and articles thereof (HS code 76) - an increase of $35.1 thousand;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $34.3 thousand;
  • Ships, boats and floating structures (HS code 89) - an increase of $34.1 thousand;
  • Clocks and watches and parts thereof (HS code 91) - an increase of $27.9 thousand.

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

  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $1,681.8 thousand;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $184.2 thousand;
  • Miscellaneous chemical products (HS code 38) - a decrease of $107.2 thousand;
  • Salt; sulfur; earths and stone; plastering materials, lime and cement (HS code 25) - a decrease of $82.7 thousand;
  • Glass and glassware (HS code 70) - a decrease of $77.4 thousand;
  • Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included (HS code 04) - a decrease of $61.9 thousand.
US exports to Maldives 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
(%)
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 25.1 0.28 87.0-71.12
09 Coffee, tea, maté and spices 0.0 0.00 2.8-100.00
17 Sugars and sugar confectionery 3.2 0.04 0.0
18 Cocoa and cocoa preparations 114.6 1.29 0.0
19 Preparations of cereals, flour, starch or milk; bakers’ wares 62.1 0.70 51.221.24
20 Preparations of vegetables, fruit, nuts or other parts of plants 43.6 0.49 51.9-15.99
21 Miscellaneous edible preparations 61.0 0.69 61.1-0.14
22 Beverages, spirits and vinegar 34.3 0.39 0.0
24 Tobacco and manufactured tobacco substitutes 7.4 0.08 7.8-4.57
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 0.0 0.00 82.7-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 61.7 0.69 44.737.84
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 4.3 0.05 27.9-84.45
29 Organic chemicals 0.0 0.00 3.0-100.00
30 Pharmaceutical products 22.3 0.25 9.6132.52
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 134.8 1.52 0.0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 138.4 1.56 84.364.22
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 118.1 1.33 54.1118.41
37 Photographic or cinematographic goods 0.0 0.00 3.0-100.00
38 Miscellaneous chemical products 64.6 0.73 171.8-62.41
39 Plastics and articles thereof 106.2 1.20 124.4-14.66
40 Rubber and articles thereof 25.4 0.29 20.027.38
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 16.0 0.18 0.0
44 Wood and articles of wood; wood charcoal 118.4 1.33 302.6-60.88
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 6.0 0.07 6.4-6.09
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 13.4 0.15 4.4204.20
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 3.3 0.04 0.0
54 Man-made filaments 28.1 0.32 19.544.33
55 Man-made staple fibers 54.6 0.62 42.827.65
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 5.8 0.07 0.0
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 19.7 0.22 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 6.6 0.07 6.8-2.20
61 Articles of apparel and clothing accessories, knitted or crocheted 34.4 0.39 12.6173.84
62 Articles of apparel and clothing accessories, not knitted or crocheted 28.1 0.32 33.6-16.30
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0.0 0.00 15.5-100.00
64 Footwear, gaiters and the like; parts of such articles 4.5 0.05 5.4-16.02
65 Headgear and parts thereof 2.9 0.03 8.8-66.76
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 13.7 0.15 0.0
69 Ceramic products 3.0 0.03 2.710.22
70 Glass and glassware 9.0 0.10 86.4-89.56
73 Articles of iron or steel 565.3 6.37 107.2427.28
74 Copper and articles thereof 0.0 0.00 8.1-100.00
76 Aluminum and articles thereof 50.0 0.56 14.8237.11
78 Lead and articles thereof 0.0 0.00 8.6-100.00
80 Tin and articles thereof 3.0 0.03 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 7.4 0.08 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 2,666.5 30.04 2,044.630.42
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 1,029.7 11.60 436.8135.76
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 111.5 1.26 1,793.2-93.78
88 Aircraft, spacecraft, and parts thereof 2,266.7 25.54 1,358.066.91
89 Ships, boats and floating structures 118.8 1.34 84.740.28
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 325.5 3.67 250.529.95
91 Clocks and watches and parts thereof 27.9 0.31 0.0
92 Musical instruments; parts and accessories of such articles 0.0 0.00 3.1-100.00
93 Arms and ammunition; parts and accessories thereof 0.0 0.00 3.0-100.00
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 68.4 0.77 43.557.29
95 Toys, games and sports requisites; parts and accessories thereof 25.3 0.29 44.9-43.71
96 Miscellaneous manufactured articles 12.0 0.14 7.365.92

US Imports from Maldives

The major share of US imports from Maldives 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) - 96.17% of US total imports from Maldives (97.10% in the 2nd quarter of 2016).

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

  • Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates (HS code 16) - an increase of $85.6 thousand.

The largest declines in US imports from Maldives 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 $1,704.7 thousand.
US imports from Maldives 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 6,253.5 94.87 7,958.2-21.42
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 85.6 1.30 0.0
39 Plastics and articles thereof 0.7 0.01 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 0.8 0.01 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 18.1 0.27 0.0
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 0.7-100.00
97 Works of art, collectors’ pieces and antiques 11.4 0.17 0.0
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce