US trade with Turks and Caicos Islands in the 1st quarter of 2017

Published or Updated: Jul 24, 2017

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

US Trade with Turks and Caicos Islands

In the 1st quarter of 2017, US trade with Turks and Caicos Islands totaled $75.8 million, up 11.54% ($7.8 million) from the 1st quarter of 2016.

US exports to Turks and Caicos Islands in the 1st quarter of 2017 totaled $72.9 million, up 16.80% ($10.5 million) from the 1st quarter of 2016.

US imports from Turks and Caicos Islands in the 1st quarter of 2017 were $2.9 million, down 48.12% ($2.6 million) from the 1st quarter of 2016.

US trade surplus with Turks and Caicos Islands in the 1st quarter of 2017 was $70.0 million, a 23.08% increase ($13.1 million) over the 1st quarter of 2016.

Turks and Caicos Islands was the US 125th largest trading partner in the 1st quarter of 2017 (down from 124th in the 1st quarter of 2016), accounting for 0.0081% of US total trade (up from 0.0078% in the 1st quarter of 2016).

Turks and Caicos Islands was the US 109th largest export market in the 1st quarter of 2017 (down from 108th in the 1st quarter of 2016), accounting for 0.0196% of US total exports (up from 0.0180% in the 1st quarter of 2016).

Turks and Caicos Islands was the US 160th largest supplier in the 1st quarter of 2017 (down from 148th in the 1st quarter of 2016), accounting for 0.0005% of US total imports (down from 0.0010% in the 1st quarter of 2016).

US Exports to Turks and Caicos Islands

The major share of US exports to Turks and Caicos Islands 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) - 13.78% of US total exports to Turks and Caicos Islands (14.62% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 13.66% of US total exports to Turks and Caicos Islands (14.82% in the 1st quarter of 2016);
  • Mineral products (HS codes 25-27) - 11.12% of US total exports to Turks and Caicos Islands (9.39% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 4.37% of US total exports to Turks and Caicos Islands (4.04% in the 1st quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 3.19% of US total exports to Turks and Caicos Islands (3.32% in the 1st quarter of 2016);
  • Precious metals and stones (HS code 71) - 2.98% of US total exports to Turks and Caicos Islands (1.54% in the 1st quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 2.97% of US total exports to Turks and Caicos Islands (2.92% in the 1st quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.15% of US total exports to Turks and Caicos Islands (1.95% in the 1st quarter of 2016).

The largest gains in US exports to Turks and Caicos Islands in the 1st quarter of 2017 over the 1st quarter of 2016 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 $2.0 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 $1.2 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $0.7 million;
  • Salt; sulfur; earths and stone; plastering materials, lime and cement (HS code 25) - an increase of $0.3 million;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $0.2 million;
  • Plastics and articles thereof (HS code 39) - an increase of $0.2 million;
  • Ships, boats and floating structures (HS code 89) - an increase of $0.2 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $0.2 million.

The largest declines in US exports to Turks and Caicos Islands 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) - a decrease of $0.3 million.
US exports to Turks and Caicos Islands 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
(%)
02 Meat and edible meat offal 2,684.7 3.68 2,587.03.78
03 Fish and crustaceans, molluscs and other aquatic invertebrates 652.7 0.90 503.629.60
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 742.1 1.02 668.710.97
05 Products of animal origin, not elsewhere specified or included 5.3 0.01 10.3-48.63
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 356.0 0.49 271.631.08
07 Edible vegetables and certain roots and tubers 327.8 0.45 457.8-28.39
08 Edible fruit and nuts; peel of citrus fruit or melons 720.0 0.99 527.336.54
09 Coffee, tea, maté and spices 50.8 0.07 39.528.58
10 Cereals 228.3 0.31 191.219.40
11 Products of the milling industry; malt; starches; inulin; wheat gluten 153.7 0.21 62.1147.39
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 5.5 0.01 11.6-52.92
13 Lac; gums, resins and other vegetable saps and extracts 0.0 0.00 3.1-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 91.2 0.13 75.121.50
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 116.8 0.16 127.9-8.67
17 Sugars and sugar confectionery 144.9 0.20 116.224.73
18 Cocoa and cocoa preparations 18.4 0.03 69.1-73.32
19 Preparations of cereals, flour, starch or milk; bakers’ wares 534.2 0.73 538.8-0.85
20 Preparations of vegetables, fruit, nuts or other parts of plants 688.3 0.94 661.14.12
21 Miscellaneous edible preparations 310.3 0.43 282.49.89
22 Beverages, spirits and vinegar 2,024.4 2.78 1,909.06.04
23 Residues and waste from the food industries; prepared animal feed 53.2 0.07 59.1-10.06
24 Tobacco and manufactured tobacco substitutes 48.0 0.07 76.7-37.40
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 524.0 0.72 271.393.15
26 Ores, slag and ash 3.1 0.00 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 7,582.1 10.40 5,588.235.68
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 91.4 0.13 79.514.94
29 Organic chemicals 53.9 0.07 39.835.31
30 Pharmaceutical products 198.6 0.27 150.731.74
31 Fertilizers 57.1 0.08 8.1606.19
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 419.8 0.58 299.140.37
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 426.5 0.58 421.31.21
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 368.8 0.51 273.434.90
35 Albuminoidal substances; modified starches; glues; enzymes 9.5 0.01 7.329.97
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 15.9 0.02 10.059.15
37 Photographic or cinematographic goods 0.0 0.00 5.5-100.00
38 Miscellaneous chemical products 178.8 0.25 197.1-9.26
39 Plastics and articles thereof 1,088.9 1.49 849.228.22
40 Rubber and articles thereof 277.4 0.38 183.151.46
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 62.2 0.09 22.6174.90
43 Furskins and artificial fur; manufactures thereof 9.8 0.01 6.844.62
44 Wood and articles of wood; wood charcoal 1,734.4 2.38 1,512.714.66
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 6.0 0.01 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 444.4 0.61 352.226.20
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 139.3 0.19 204.2-31.79
50 Silk 0.0 0.00 2.5-100.00
54 Man-made filaments 3.8 0.01 7.2-47.15
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 2.6 0.00 17.7-85.38
57 Carpets and other textile floor coverings 82.6 0.11 147.5-43.98
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
60 Knitted or crocheted fabrics 2.5 0.00 4.0-37.23
61 Articles of apparel and clothing accessories, knitted or crocheted 190.8 0.26 147.729.21
62 Articles of apparel and clothing accessories, not knitted or crocheted 87.7 0.12 140.8-37.75
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 279.0 0.38 490.3-43.09
64 Footwear, gaiters and the like; parts of such articles 70.7 0.10 124.9-43.41
65 Headgear and parts thereof 22.4 0.03 64.6-65.30
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 94.8 0.13 67.740.07
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 445.3 0.61 275.161.85
69 Ceramic products 167.7 0.23 197.6-15.15
70 Glass and glassware 315.5 0.43 312.50.97
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 2,175.3 2.98 961.6126.22
72 Iron and steel 440.1 0.60 385.314.25
73 Articles of iron or steel 628.2 0.86 589.36.61
74 Copper and articles thereof 243.9 0.33 46.5424.55
76 Aluminum and articles thereof 431.0 0.59 304.541.53
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 12.5 0.02 67.7-81.48
83 Miscellaneous articles of base metal 411.7 0.56 432.3-4.75
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 3,406.4 4.67 2,707.125.83
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 2,566.4 3.52 2,532.51.34
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 53.7 0.07 2.81,790.45
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 2,621.6 3.60 2,669.2-1.78
88 Aircraft, spacecraft, and parts thereof 307.8 0.42 60.8406.07
89 Ships, boats and floating structures 445.0 0.61 207.9114.05
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 644.7 0.88 944.7-31.75
91 Clocks and watches and parts thereof 301.1 0.41 249.220.80
92 Musical instruments; parts and accessories of such articles 4.2 0.01 3.230.96
93 Arms and ammunition; parts and accessories thereof 4.8 0.01 13.5-64.33
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 1,589.7 2.18 1,749.6-9.14
95 Toys, games and sports requisites; parts and accessories thereof 120.2 0.16 236.0-49.07
96 Miscellaneous manufactured articles 83.9 0.12 86.6-3.21
97 Works of art, collectors’ pieces and antiques 36.3 0.05 40.0-9.29

US Imports from Turks and Caicos Islands

The major share of US imports from Turks and Caicos Islands 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) - 28.28% of US total imports from Turks and Caicos Islands (12.36% in the 1st quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 5.15% of US total imports from Turks and Caicos Islands (0.19% in the 1st quarter of 2016);
  • Precious metals and stones (HS code 71) - 3.61% of US total imports from Turks and Caicos Islands (0.99% in the 1st quarter of 2016).

The largest gains in US imports from Turks and Caicos Islands 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 $0.2 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $0.1 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 $0.0 million;
  • Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard (HS code 47) - an increase of $0.0 million.

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

  • Products of animal origin, not elsewhere specified or included (HS code 05) - a decrease of $0.0 million.
US imports from Turks and Caicos Islands 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 795.6 27.88 643.023.74
05 Products of animal origin, not elsewhere specified or included 11.4 0.40 37.1-69.25
39 Plastics and articles thereof 0.8 0.03 0.0
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 19.7 0.69 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 2.0 0.07 2.3-13.83
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 103.1 3.61 54.688.88
72 Iron and steel 13.5 0.47 5.3157.73
76 Aluminum and articles thereof 9.5 0.33 9.8-3.96
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 0.0 0.00 8.2-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 142.2 4.98 7.41,832.01
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 4.9 0.17 3.059.32
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 1.5 0.05 0.0
97 Works of art, collectors’ pieces and antiques 27.5 0.96 22.025.18
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce