US trade with Vatican City in the 1st quarter of 2017

Published or Updated: Aug 04, 2017

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

US Trade with Vatican City

In the 1st quarter of 2017, US trade with Vatican City totaled $0.8 million, up 165.22% ($0.5 million) from the 1st quarter of 2016.

US exports to Vatican City in the 1st quarter of 2017 totaled $0.5 million, up 69.00% ($0.2 million) from the 1st quarter of 2016.

US imports from Vatican City in the 1st quarter of 2017 totaled $0.4 million, up 792.18% ($0.3 million) from the 1st quarter of 2016.

US trade surplus with Vatican City in the 1st quarter of 2017 was $0.1 million, a 62.12% decrease ($0.1 million) over the 1st quarter of 2016.

Vatican City was the US 208th largest trading partner in the 1st quarter of 2017 (up from 212th in the 1st quarter of 2016), accounting for 0.0001% of US total trade (up from 0.0000% in the 1st quarter of 2016).

Vatican City was the US 203rd largest export market in the 1st quarter of 2017 (up from 205th in the 1st quarter of 2016), accounting for 0.0001% of US total exports (just as in the 1st quarter of 2016).

Vatican City was the US 194th largest supplier in the 1st quarter of 2017 (up from 213th in the 1st quarter of 2016), accounting for 0.0001% of US total imports (up from 0.0000% in the 1st quarter of 2016).

US Exports to Vatican City

The major share of US exports to Vatican City in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Textiles, textile products and footwear (HS codes 50-67) - 42.10% of US total exports to Vatican City (0.00% in the 1st quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 41.23% of US total exports to Vatican City (0.00% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 14.05% of US total exports to Vatican City (0.00% in the 1st quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.00% of US total exports to Vatican City (13.62% in the 1st quarter of 2016).
  • Chemical products (HS codes 28-40) - 0.00% of US total exports to Vatican City (1.16% in the 1st quarter of 2016).

The largest gains in US exports to Vatican City in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Man-made filaments (HS code 54) - an increase of $195.5 thousand;
  • Aluminum and articles thereof (HS code 76) - an increase of $191.4 thousand;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $65.2 thousand.

The largest declines in US exports to Vatican City in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $228.2 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $34.4 thousand;
  • Miscellaneous chemical products (HS code 38) - a decrease of $3.2 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $3.0 thousand.
US exports to Vatican City 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
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 65.2 14.05 0.0
38 Miscellaneous chemical products 0.0 0.00 3.2-100.00
54 Man-made filaments 195.5 42.10 0.0
76 Aluminum and articles thereof 191.4 41.23 0.0
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0.0 0.00 34.4-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 0.0 0.00 3.0-100.00
97 Works of art, collectors’ pieces and antiques 0.0 0.00 228.2-100.00

US Imports from Vatican City

The major share of US imports from Vatican City 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) - 94.06% of US total imports from Vatican City (9.77% in the 1st quarter of 2016);
  • Precious metals and stones (HS code 71) - 1.18% of US total imports from Vatican City (0.00% in the 1st quarter of 2016).

The largest gains in US imports from Vatican City in the 1st quarter of 2017 over the 1st 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 $344.4 thousand;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $10.2 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $5.3 thousand;
  • 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 $4.5 thousand.

The largest declines in US imports from Vatican City in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • 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 $23.7 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $4.4 thousand.
US imports from Vatican City 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
(%)
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 10.2 2.72 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 4.5 1.18 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 348.5 92.66 4.18,363.48
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 5.3 1.40 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 23.7-100.00
97 Works of art, collectors’ pieces and antiques 3.1 0.82 7.5-58.93
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce