US trade with Vanuatu in the 2nd quarter of 2017

Published or Updated: Sep 04, 2017

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

US Trade with Vanuatu

In the 2nd quarter of 2017, US trade with Vanuatu was $2.2 million, down 38.24% ($1.4 million) from the 2nd quarter of 2016.

US exports to Vanuatu in the 2nd quarter of 2017 were $1.1 million, down 44.19% ($0.9 million) from the 2nd quarter of 2016.

US imports from Vanuatu in the 2nd quarter of 2017 were $1.1 million, down 30.87% ($0.5 million) from the 2nd quarter of 2016.

US trade balance with Vanuatu went from a surplus of $0.4 million in the 2nd quarter of 2016, to a deficit of $0.0 million in the 2nd quarter of 2017.

Vanuatu was the US 200th largest trading partner in the 2nd quarter of 2017 (down from 191st in the 2nd quarter of 2016), accounting for 0.0002% of US total trade (down from 0.0004% in the 2nd quarter of 2016).

Vanuatu was the US 196th largest export market in the 2nd quarter of 2017 (down from 189th in the 2nd quarter of 2016), accounting for 0.0003% of US total exports (down from 0.0005% in the 2nd quarter of 2016).

Vanuatu was the US 184th largest supplier in the 2nd quarter of 2017 (down from 171st in the 2nd quarter of 2016), accounting for 0.0002% of US total imports (down from 0.0003% in the 2nd quarter of 2016).

US Exports to Vanuatu

The major share of US exports to Vanuatu 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) - 41.52% of US total exports to Vanuatu (20.39% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 13.34% of US total exports to Vanuatu (7.61% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 3.10% of US total exports to Vanuatu (29.36% in the 2nd quarter of 2016).

The largest gains in US exports to Vanuatu 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 $140.5 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $58.3 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 $22.4 thousand;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $17.0 thousand;
  • Ships, boats and floating structures (HS code 89) - an increase of $17.0 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $14.0 thousand;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - an increase of $10.2 thousand;
  • Aluminum and articles thereof (HS code 76) - an increase of $6.5 thousand;
  • Miscellaneous chemical products (HS code 38) - an increase of $5.5 thousand;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $4.5 thousand;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - an increase of $3.3 thousand.

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

  • Articles of iron or steel (HS code 73) - a decrease of $557.9 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $120.4 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $49.1 thousand;
  • 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 (HS code 86) - a decrease of $14.4 thousand;
  • Plastics and articles thereof (HS code 39) - a decrease of $12.6 thousand;
  • Pharmaceutical products (HS code 30) - a decrease of $10.1 thousand;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $7.3 thousand;
  • Iron and steel (HS code 72) - a decrease of $3.4 thousand.
US exports to Vanuatu 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
(%)
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 2.5 0.23 3.2-20.03
22 Beverages, spirits and vinegar 3.4 0.31 10.7-68.37
30 Pharmaceutical products 97.7 8.95 107.8-9.39
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 25.0 2.29 11.0127.52
38 Miscellaneous chemical products 5.5 0.50 0.0
39 Plastics and articles thereof 17.4 1.60 30.0-41.88
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 3.3 0.30 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 4.5 0.41 0.0
72 Iron and steel 0.0 0.00 3.4-100.00
73 Articles of iron or steel 6.3 0.57 564.2-98.89
76 Aluminum and articles thereof 6.5 0.60 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 21.1 1.93 4.1418.69
83 Miscellaneous articles of base metal 0.0 0.00 2.8-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 277.8 25.45 137.3102.30
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 63.2 5.79 40.854.93
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 0.0 0.00 14.4-100.00
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 76.3 6.99 18.0323.89
88 Aircraft, spacecraft, and parts thereof 11.1 1.01 131.4-91.59
89 Ships, boats and floating structures 17.0 1.56 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 7.9 0.72 57.0-86.13
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 2.9 0.26 0.0
95 Toys, games and sports requisites; parts and accessories thereof 10.2 0.94 0.0

US Imports from Vanuatu

The major share of US imports from Vanuatu 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) - 90.49% of US total imports from Vanuatu (33.18% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 7.61% of US total imports from Vanuatu (0.82% in the 2nd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.00% of US total imports from Vanuatu (57.10% in the 2nd quarter of 2016).

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

  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $408.8 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $70.2 thousand;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $55.4 thousand.

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

  • 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 $694.5 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $195.6 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $12.3 thousand.
US imports from Vanuatu 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 273.9 25.07 218.525.37
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 714.6 65.41 305.8133.69
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 83.1 7.61 13.0541.96
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0.0 0.00 195.6-100.00
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 0.0 0.00 694.5-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 0.0 0.00 12.3-100.00
97 Works of art, collectors’ pieces and antiques 2.7 0.25 4.2-35.30
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce