US trade with Vatican City in the 2nd quarter of 2017

Published or Updated: Aug 29, 2017

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

US Trade with Vatican City

In the 2nd quarter of 2017, US trade with Vatican City totaled $0.9 million, up 179.04% ($0.6 million) from the 2nd quarter of 2016.

US exports to Vatican City in the 2nd quarter of 2017 totaled $0.5 million, up ∞% ($0.5 million) from the 2nd quarter of 2016.

US imports from Vatican City in the 2nd quarter of 2017 totaled $0.4 million, up 32.62% ($0.1 million) from the 2nd quarter of 2016.

US trade balance with Vatican City went from a deficit of $0.3 million in the 2nd quarter of 2016, to a surplus of $0.0 million in the 2nd quarter of 2017.

Vatican City was the US 206th largest trading partner in the 2nd quarter of 2017 (up from 216th in the 2nd quarter of 2016), accounting for 0.0001% of US total trade (up from 0.0000% in the 2nd quarter of 2016).

Vatican City was the US 208th largest export market in the 2nd quarter of 2017 (there were no US exports to Vatican City in the 2nd quarter of 2016), accounting for 0.0001% of US total exports.

Vatican City was the US 196th largest supplier in the 2nd quarter of 2017 (up from 199th in the 2nd quarter of 2016), accounting for 0.0001% of US total imports (just as in the 2nd quarter of 2016).

US Exports to Vatican City

The major share of US exports to Vatican City 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) - 85.53% of US total exports to Vatican City (0.00% in the 2nd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 4.81% of US total exports to Vatican City (0.00% in the 2nd quarter of 2016).

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

  • Miscellaneous edible preparations (HS code 21) - an increase of $302.7 thousand;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $109.6 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $35.0 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $23.2 thousand.

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

  • No product groups with a substantial decrease.
US exports to Vatican City 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
(%)
21 Miscellaneous edible preparations 302.7 62.80 0.0
22 Beverages, spirits and vinegar 109.6 22.73 0.0
88 Aircraft, spacecraft, and parts thereof 23.2 4.81 0.0
97 Works of art, collectors’ pieces and antiques 35.0 7.26 0.0

US Imports from Vatican City

The major share of US imports from Vatican City 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) - 28.74% of US total imports from Vatican City (55.83% in the 2nd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 0.86% of US total imports from Vatican City (5.62% in the 2nd quarter of 2016).

The largest gains in US imports from Vatican City in the 2nd quarter of 2017 over the 2nd 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) - an increase of $236.6 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $103.2 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $8.1 thousand;
  • Organic chemicals (HS code 29) - an increase of $2.7 thousand;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $2.4 thousand.

The largest declines in US imports from Vatican City 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 $153.1 thousand;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - a decrease of $16.5 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $16.5 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $10.1 thousand.
US imports from Vatican City 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
(%)
29 Organic chemicals 2.7 0.62 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 0.9 0.20 17.4-94.98
62 Articles of apparel and clothing accessories, not knitted or crocheted 2.4 0.55 0.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0.5 0.11 0.0
64 Footwear, gaiters and the like; parts of such articles 0.0 0.00 0.6-100.00
65 Headgear and parts thereof 0.0 0.00 0.5-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 8.1 1.86 0.0
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 14.2 3.24 167.3-91.54
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 103.2 23.64 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 0.0 0.00 16.5-100.00
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 263.6 60.37 27.0875.91
97 Works of art, collectors’ pieces and antiques 0.0 0.00 10.1-100.00
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce