US trade with Turks and Caicos Islands in the 2nd quarter of 2017

Published or Updated: Sep 07, 2017

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

US Trade with Turks and Caicos Islands

In the 2nd quarter of 2017, US trade with Turks and Caicos Islands totaled $81.7 million, up 3.97% ($3.1 million) from the 2nd quarter of 2016.

US exports to Turks and Caicos Islands in the 2nd quarter of 2017 totaled $79.7 million, up 5.28% ($4.0 million) from the 2nd quarter of 2016.

US imports from Turks and Caicos Islands in the 2nd quarter of 2017 were $2.0 million, down 30.21% ($0.9 million) from the 2nd quarter of 2016.

US trade surplus with Turks and Caicos Islands in the 2nd quarter of 2017 was $77.6 million, a 6.69% increase ($4.9 million) over the 2nd quarter of 2016.

Turks and Caicos Islands was the US 124th largest trading partner in the 2nd quarter of 2017 (down from 123rd in the 2nd quarter of 2016), accounting for 0.0083% of US total trade (down from 0.0085% in the 2nd quarter of 2016).

Turks and Caicos Islands was the US 113th largest export market in the 2nd quarter of 2017 (down from 108th in the 2nd quarter of 2016), accounting for 0.0207% of US total exports (down from 0.0208% in the 2nd quarter of 2016).

Turks and Caicos Islands was the US 174th largest supplier in the 2nd quarter of 2017 (down from 163rd in the 2nd quarter of 2016), accounting for 0.0003% of US total imports (down from 0.0005% in the 2nd quarter of 2016).

US Exports to Turks and Caicos Islands

The major share of US exports to Turks and Caicos Islands 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) - 15.90% of US total exports to Turks and Caicos Islands (18.65% in the 2nd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 13.44% of US total exports to Turks and Caicos Islands (12.29% in the 2nd quarter of 2016);
  • Mineral products (HS codes 25-27) - 7.98% of US total exports to Turks and Caicos Islands (8.94% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 3.94% of US total exports to Turks and Caicos Islands (4.07% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 3.72% of US total exports to Turks and Caicos Islands (4.12% in the 2nd quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 3.29% of US total exports to Turks and Caicos Islands (3.18% in the 2nd quarter of 2016);
  • Precious metals and stones (HS code 71) - 3.04% of US total exports to Turks and Caicos Islands (1.27% in the 2nd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.22% of US total exports to Turks and Caicos Islands (1.76% in the 2nd quarter of 2016).

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

  • 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 $1.5 million;
  • 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 (HS code 94) - an increase of $0.7 million;
  • Meat and edible meat offal (HS code 02) - an increase of $0.5 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 $0.4 million;
  • Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage (HS code 06) - an increase of $0.3 million;
  • Aluminum and articles thereof (HS code 76) - an increase of $0.3 million;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $0.2 million.

The largest declines in US exports to Turks and Caicos 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 $1.5 million;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - a decrease of $0.4 million;
  • Ships, boats and floating structures (HS code 89) - a decrease of $0.4 million;
  • Miscellaneous articles of base metal (HS code 83) - a decrease of $0.2 million.
US exports to Turks and Caicos 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
(%)
02 Meat and edible meat offal 3,360.6 4.22 2,845.118.12
03 Fish and crustaceans, molluscs and other aquatic invertebrates 693.7 0.87 543.327.69
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 656.1 0.82 557.317.74
05 Products of animal origin, not elsewhere specified or included 10.6 0.01 12.9-18.25
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 458.3 0.58 156.6192.71
07 Edible vegetables and certain roots and tubers 334.1 0.42 291.414.66
08 Edible fruit and nuts; peel of citrus fruit or melons 700.3 0.88 457.153.19
09 Coffee, tea, maté and spices 31.2 0.04 52.8-40.98
10 Cereals 206.4 0.26 216.4-4.63
11 Products of the milling industry; malt; starches; inulin; wheat gluten 117.1 0.15 64.581.54
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 9.9 0.01 3.2207.83
13 Lac; gums, resins and other vegetable saps and extracts 0.0 0.00 3.5-100.00
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 0.0 0.00 7.2-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 115.4 0.14 40.8182.81
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 128.5 0.16 160.3-19.87
17 Sugars and sugar confectionery 81.0 0.10 104.6-22.54
18 Cocoa and cocoa preparations 39.9 0.05 56.4-29.24
19 Preparations of cereals, flour, starch or milk; bakers’ wares 629.3 0.79 506.124.34
20 Preparations of vegetables, fruit, nuts or other parts of plants 637.1 0.80 781.3-18.45
21 Miscellaneous edible preparations 309.8 0.39 343.9-9.90
22 Beverages, spirits and vinegar 2,042.3 2.56 2,032.60.47
23 Residues and waste from the food industries; prepared animal feed 73.5 0.09 39.386.79
24 Tobacco and manufactured tobacco substitutes 75.3 0.09 24.3209.71
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 401.2 0.50 578.5-30.65
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 5,955.2 7.48 6,187.7-3.76
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 120.0 0.15 105.413.89
29 Organic chemicals 48.0 0.06 59.5-19.32
30 Pharmaceutical products 224.9 0.28 167.933.95
31 Fertilizers 47.8 0.06 81.9-41.67
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 359.8 0.45 405.0-11.15
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 321.6 0.40 410.7-21.70
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 265.7 0.33 381.9-30.44
35 Albuminoidal substances; modified starches; glues; enzymes 17.2 0.02 28.3-39.29
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 10.1 0.01 4.8111.40
37 Photographic or cinematographic goods 9.5 0.01 3.1203.49
38 Miscellaneous chemical products 272.0 0.34 167.162.77
39 Plastics and articles thereof 976.0 1.23 1,036.1-5.80
40 Rubber and articles thereof 289.0 0.36 263.99.51
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 133.5 0.17 47.0184.02
44 Wood and articles of wood; wood charcoal 2,174.0 2.73 1,956.011.14
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 318.9 0.40 344.5-7.43
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 130.3 0.16 106.222.67
54 Man-made filaments 6.6 0.01 12.5-47.41
55 Man-made staple fibers 43.0 0.05 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 19.3 0.02 26.9-28.39
57 Carpets and other textile floor coverings 65.1 0.08 32.798.84
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 6.7 0.01 25.5-73.72
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 0.0 0.00 2.6-100.00
60 Knitted or crocheted fabrics 6.6 0.01 24.7-73.09
61 Articles of apparel and clothing accessories, knitted or crocheted 187.5 0.24 264.8-29.18
62 Articles of apparel and clothing accessories, not knitted or crocheted 162.9 0.20 51.2217.99
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 313.2 0.39 762.6-58.93
64 Footwear, gaiters and the like; parts of such articles 48.4 0.06 47.51.95
65 Headgear and parts thereof 28.8 0.04 16.376.67
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 64.5 0.08 60.17.25
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 18.0 0.02 2.6593.18
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 711.7 0.89 521.236.56
69 Ceramic products 221.6 0.28 151.845.96
70 Glass and glassware 274.3 0.34 391.5-29.94
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 2,421.3 3.04 962.2151.64
72 Iron and steel 465.8 0.58 450.23.46
73 Articles of iron or steel 1,047.7 1.32 827.326.64
74 Copper and articles thereof 44.2 0.06 261.0-83.08
75 Nickel and articles thereof 2.6 0.00 12.4-79.02
76 Aluminum and articles thereof 868.1 1.09 602.844.00
80 Tin and articles thereof 12.7 0.02 4.8164.21
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 45.4 0.06 19.6131.59
83 Miscellaneous articles of base metal 655.9 0.82 900.1-27.13
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 3,683.4 4.62 5,192.1-29.06
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 4,379.6 5.50 4,027.88.73
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 15.1 0.02 6.3140.33
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 3,323.3 4.17 3,156.05.30
88 Aircraft, spacecraft, and parts thereof 70.1 0.09 54.329.11
89 Ships, boats and floating structures 350.2 0.44 706.3-50.41
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 845.5 1.06 967.2-12.58
91 Clocks and watches and parts thereof 302.5 0.38 241.325.36
92 Musical instruments; parts and accessories of such articles 3.3 0.00 0.0
93 Arms and ammunition; parts and accessories thereof 2.8 0.00 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 1,957.1 2.46 1,290.951.60
95 Toys, games and sports requisites; parts and accessories thereof 228.1 0.29 94.0142.83
96 Miscellaneous manufactured articles 135.3 0.17 122.810.21
97 Works of art, collectors’ pieces and antiques 11.1 0.01 30.8-63.85

US Imports from Turks and Caicos Islands

The major share of US imports from Turks and Caicos Islands 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) - 17.94% of US total imports from Turks and Caicos Islands (1.57% in the 2nd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 5.27% of US total imports from Turks and Caicos Islands (25.69% in the 2nd quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 1.54% of US total imports from Turks and Caicos Islands (0.00% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 1.28% of US total imports from Turks and Caicos Islands (0.37% in the 2nd quarter of 2016);
  • Precious metals and stones (HS code 71) - 1.19% of US total imports from Turks and Caicos Islands (0.70% in the 2nd quarter of 2016).

The largest gains in US imports from Turks and Caicos 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) - an increase of $0.3 million;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - an increase of $0.0 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) - an increase of $0.0 million;
  • Glass and glassware (HS code 70) - an increase of $0.0 million;
  • Products of animal origin, not elsewhere specified or included (HS code 05) - an increase of $0.0 million;
  • Aluminum and articles thereof (HS code 76) - an increase of $0.0 million.

The largest declines in US imports from Turks and Caicos 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 $0.7 million;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $0.0 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $0.0 million;
  • 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 (HS code 94) - a decrease of $0.0 million.
US imports from Turks and Caicos 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 86.5 4.27 745.0-88.39
05 Products of animal origin, not elsewhere specified or included 20.2 1.00 0.0
39 Plastics and articles thereof 0.4 0.02 0.0
40 Rubber and articles thereof 1.1 0.06 0.0
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 5.2 0.26 0.0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 26.0 1.28 0.0
70 Glass and glassware 21.8 1.08 0.0
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 24.1 1.19 20.318.50
74 Copper and articles thereof 0.0 0.00 4.2-100.00
76 Aluminum and articles thereof 26.0 1.28 6.6293.47
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 332.4 16.42 7.44,375.31
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 30.7 1.52 8.6258.04
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 0.0 0.00 29.6-100.00
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 1.0 0.05 26.1-96.29
97 Works of art, collectors’ pieces and antiques 0.0 0.00 31.0-100.00
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce