US trade (export - import) with Turks and Caicos Islands in 2018

Published or Updated: Jun 04, 2019

The report on US foreign trade in goods with Turks and Caicos Islands in 2018: exports, imports, balance, product types and groups, dynamics.

US Trade with Turks and Caicos Islands

In 2018, US trade with Turks and Caicos Islands was $366.5 million, down 3.21% ($12.1 million) from 2017.

US exports to Turks and Caicos Islands in 2018 were $356.6 million, down 3.60% ($13.3 million) from 2017.

US imports from Turks and Caicos Islands in 2018 totaled $9.9 million, up 13.51% ($1.2 million) from 2017.

US trade surplus with Turks and Caicos Islands in 2018 was $346.7 million, a 4.02% decrease ($14.5 million) over 2017.

Turks and Caicos Islands was the US 136th largest trading partner in 2018 (down from 122nd in 2017), accounting for 0.0086% of US total trade (down from 0.0096% in 2017).

Turks and Caicos Islands was the US 111th largest export market in 2018 (down from 108th in 2017), accounting for 0.0214% of US total exports (down from 0.0239% in 2017).

Turks and Caicos Islands was the US 172nd largest supplier in 2018 (just as in 2017), accounting for 0.0004% of US total imports (just as in 2017).

US Exports to Turks and Caicos Islands

The major share of US exports to Turks and Caicos Islands in 2018 (and in 2017) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 13.48% of US total exports to Turks and Caicos Islands (16.99% in 2017);
  • Food products and agricultural raw materials (HS codes 01-24) - 12.46% of US total exports to Turks and Caicos Islands (11.18% in 2017);
  • Mineral products (HS codes 25-27) - 8.64% of US total exports to Turks and Caicos Islands (7.08% in 2017);
  • Metals and products from them (HS codes 72-83) - 5.47% of US total exports to Turks and Caicos Islands (4.32% in 2017);
  • Chemical products (HS codes 28-40) - 4.39% of US total exports to Turks and Caicos Islands (3.66% in 2017);
  • Wood and wood products (HS codes 44-49) - 3.49% of US total exports to Turks and Caicos Islands (4.19% in 2017);
  • Precious metals and stones (HS code 71) - 3.12% of US total exports to Turks and Caicos Islands (2.66% in 2017);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.31% of US total exports to Turks and Caicos Islands (1.27% in 2017).

The largest gains in US exports to Turks and Caicos Islands in 2018 over 2017 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $5.1 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $1.6 million;
  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - an increase of $1.3 million;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $1.1 million.

The largest declines in US exports to Turks and Caicos Islands in 2018 over 2017 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - a decrease of $7.0 million;
  • 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 $6.5 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $4.8 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $4.0 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $3.1 million;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $2.5 million;
  • Clocks and watches and parts thereof (HS code 91) - a decrease of $1.7 million;
  • Ships, boats and floating structures (HS code 89) - a decrease of $1.3 million.
US exports to Turks and Caicos Islands in 2018 by product groups
HS
code
Name of product group Value
of exports
in 2018
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2017
(USD thousand)
Change
in 2018
over 2017
(%)
02 Meat and edible meat offal 12,340.4 3.46 11,708.55.40
03 Fish and crustaceans, molluscs and other aquatic invertebrates 3,505.3 0.98 2,393.746.44
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 3,237.9 0.91 2,680.520.80
05 Products of animal origin, not elsewhere specified or included 56.1 0.02 19.3190.49
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 1,672.4 0.47 2,735.1-38.85
07 Edible vegetables and certain roots and tubers 1,748.2 0.49 1,272.237.42
08 Edible fruit and nuts; peel of citrus fruit or melons 2,956.5 0.83 2,470.019.69
09 Coffee, tea, maté and spices 125.0 0.04 141.6-11.77
10 Cereals 1,111.1 0.31 887.025.26
11 Products of the milling industry; malt; starches; inulin; wheat gluten 526.7 0.15 483.88.86
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 28.2 0.01 22.425.80
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 449.2 0.13 367.922.09
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 536.4 0.15 427.025.61
17 Sugars and sugar confectionery 427.2 0.12 445.3-4.08
18 Cocoa and cocoa preparations 280.1 0.08 134.1108.84
19 Preparations of cereals, flour, starch or milk; bakers’ wares 2,503.9 0.70 2,412.43.79
20 Preparations of vegetables, fruit, nuts or other parts of plants 2,716.3 0.76 2,600.24.46
21 Miscellaneous edible preparations 1,164.3 0.33 1,188.4-2.03
22 Beverages, spirits and vinegar 8,570.9 2.40 8,367.32.43
23 Residues and waste from the food industries; prepared animal feed 299.4 0.08 289.43.46
24 Tobacco and manufactured tobacco substitutes 172.9 0.05 306.1-43.49
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 1,215.3 0.34 1,681.0-27.70
26 Ores, slag and ash 0.0 0.00 3.1-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 29,595.6 8.30 24,500.420.80
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 606.3 0.17 409.847.93
29 Organic chemicals 226.6 0.06 138.164.08
30 Pharmaceutical products 735.5 0.21 630.516.65
31 Fertilizers 322.0 0.09 262.822.51
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 2,659.2 0.75 2,358.012.77
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 1,969.8 0.55 1,856.16.13
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 1,140.1 0.32 1,151.9-1.02
35 Albuminoidal substances; modified starches; glues; enzymes 144.6 0.04 92.157.02
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 40.9 0.01 63.8-35.96
37 Photographic or cinematographic goods 0.0 0.00 16.0-100.00
38 Miscellaneous chemical products 1,724.1 0.48 1,078.759.84
39 Plastics and articles thereof 5,293.3 1.48 4,380.320.84
40 Rubber and articles thereof 779.1 0.22 1,099.9-29.17
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 1,223.6 0.34 463.5164.00
43 Furskins and artificial fur; manufactures thereof 8.4 0.00 15.9-47.52
44 Wood and articles of wood; wood charcoal 10,399.2 2.92 13,548.2-23.24
45 Cork and articles of cork 5.5 0.00 0.0
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 13.0 0.00 9.240.73
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 1,517.4 0.43 1,439.15.44
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 507.0 0.14 487.04.12
50 Silk 20.5 0.01 0.0
52 Cotton 2.9 0.00 0.0
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 0.0 0.00 45.2-100.00
54 Man-made filaments 44.0 0.01 19.1130.58
55 Man-made staple fibers 10.3 0.00 43.0-76.04
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 83.9 0.02 58.244.13
57 Carpets and other textile floor coverings 157.6 0.04 353.7-55.44
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 19.4 0.01 6.7188.86
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 21.7 0.01 67.8-68.05
60 Knitted or crocheted fabrics 35.9 0.01 19.287.30
61 Articles of apparel and clothing accessories, knitted or crocheted 866.9 0.24 822.95.35
62 Articles of apparel and clothing accessories, not knitted or crocheted 249.8 0.07 401.6-37.80
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 2,339.2 0.66 2,065.613.24
64 Footwear, gaiters and the like; parts of such articles 220.1 0.06 239.6-8.15
65 Headgear and parts thereof 126.1 0.04 106.618.24
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 429.3 0.12 414.53.58
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 41.4 0.01 32.726.49
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 3,478.9 0.98 5,954.3-41.57
69 Ceramic products 1,009.7 0.28 1,014.8-0.51
70 Glass and glassware 2,336.1 0.66 2,026.815.26
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 11,110.7 3.12 9,851.712.78
72 Iron and steel 2,334.0 0.65 1,772.831.65
73 Articles of iron or steel 7,135.7 2.00 6,234.114.46
74 Copper and articles thereof 704.8 0.20 807.9-12.76
75 Nickel and articles thereof 14.3 0.00 10.634.60
76 Aluminum and articles thereof 4,714.6 1.32 4,213.511.89
79 Zinc and articles thereof 11.0 0.00 7.940.06
80 Tin and articles thereof 4.7 0.00 12.7-63.03
81 Other base metals; cermets; articles thereof 5.8 0.00 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 1,105.0 0.31 155.8609.10
83 Miscellaneous articles of base metal 3,458.2 0.97 2,775.924.58
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 16,198.6 4.54 20,159.0-19.65
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 10,540.5 2.96 16,992.4-37.97
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 238.3 0.07 239.2-0.39
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 13,488.3 3.78 18,315.8-26.36
88 Aircraft, spacecraft, and parts thereof 859.2 0.24 632.635.82
89 Ships, boats and floating structures 2,237.0 0.63 3,579.6-37.51
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 4,520.8 1.27 2,922.054.72
91 Clocks and watches and parts thereof 1,524.8 0.43 3,258.1-53.20
92 Musical instruments; parts and accessories of such articles 49.5 0.01 7.5561.16
93 Arms and ammunition; parts and accessories thereof 56.3 0.02 11.2402.47
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 9,761.1 2.74 9,801.2-0.41
95 Toys, games and sports requisites; parts and accessories thereof 1,432.0 0.40 1,251.414.43
96 Miscellaneous manufactured articles 266.4 0.07 367.3-27.48
97 Works of art, collectors’ pieces and antiques 56.3 0.02 65.8-14.46
99 Commodities not specified according to kind 148,706.7 41.70 155,730.1-4.51

US Imports from Turks and Caicos Islands

The major share of US imports from Turks and Caicos Islands in 2018 (and in 2017) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 27.01% of US total imports from Turks and Caicos Islands (24.77% in 2017);
  • Chemical products (HS codes 28-40) - 4.51% of US total imports from Turks and Caicos Islands (0.03% in 2017);
  • Metals and products from them (HS codes 72-83) - 3.27% of US total imports from Turks and Caicos Islands (1.35% in 2017);
  • Machinery, equipment and vehicles (HS codes 84-90) - 2.94% of US total imports from Turks and Caicos Islands (7.71% in 2017);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.46% of US total imports from Turks and Caicos Islands (0.03% in 2017);
  • Precious metals and stones (HS code 71) - 0.87% of US total imports from Turks and Caicos Islands (2.31% in 2017).

The largest gains in US imports from Turks and Caicos Islands in 2018 over 2017 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - an increase of $0.5 million;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $0.4 million;
  • Pharmaceutical products (HS code 30) - an increase of $0.4 million;
  • Iron and steel (HS code 72) - an increase of $0.2 million;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $0.1 million;
  • Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates (HS code 16) - an increase of $0.1 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $0.1 million;
  • 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 $0.1 million.

The largest declines in US imports from Turks and Caicos Islands in 2018 over the 2017 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $0.5 million;
  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - a decrease of $0.1 million;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $0.1 million;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $0.0 million.
US imports from Turks and Caicos Islands in 2018 by product groups
HS
code
Name of product group Value
of imports
in 2018
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2017
USD thousand)
Change
in 2018
over 2017
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 2,570.7 25.88 2,135.820.36
05 Products of animal origin, not elsewhere specified or included 34.4 0.35 31.69.07
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 77.7 0.78 0.0
30 Pharmaceutical products 433.3 4.36 0.0
39 Plastics and articles thereof 4.9 0.05 1.3279.94
40 Rubber and articles thereof 10.0 0.10 1.1781.55
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 1.3 0.01 0.0
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 0.0 0.00 24.9-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0.0 0.00 26.0-100.00
55 Man-made staple fibers 2.4 0.02 0.0
57 Carpets and other textile floor coverings 14.7 0.15 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 0.0 0.00 1.0-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 3.4 0.03 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 124.5 1.25 2.06,125.95
69 Ceramic products 14.9 0.15 0.0
70 Glass and glassware 0.0 0.00 21.8-100.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 86.8 0.87 202.0-57.06
72 Iron and steel 251.2 2.53 58.5329.40
73 Articles of iron or steel 12.0 0.12 0.0
74 Copper and articles thereof 4.3 0.04 4.23.44
76 Aluminum and articles thereof 54.8 0.55 55.0-0.43
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 2.1 0.02 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 114.3 1.15 621.8-81.62
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 97.8 0.98 39.6146.65
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 2.5 0.03 13.4-81.32
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 77.1 0.78 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 32.5 0.33 42.1-22.84
95 Toys, games and sports requisites; parts and accessories thereof 27.6 0.28 66.1-58.27
97 Works of art, collectors’ pieces and antiques 7.5 0.08 61.4-87.85
99 Commodities not specified according to kind 5,868.8 59.09 5,340.09.90
/tr
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce