US trade with British Indian Ocean Territory in the 1st quarter of 2017

Published or Updated: Aug 07, 2017

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

US Trade with British Indian Ocean Territory

In the 1st quarter of 2017, US trade with British Indian Ocean Territory totaled $12.2 million, up 36.48% ($3.3 million) from the 1st quarter of 2016.

US exports to British Indian Ocean Territory in the 1st quarter of 2017 totaled $4.0 million, up 562.60% ($3.4 million) from the 1st quarter of 2016.

US imports from British Indian Ocean Territory in the 1st quarter of 2017 were $8.3 million, down 1.26% ($0.1 million) from the 1st quarter of 2016.

US trade deficit with British Indian Ocean Territory in the 1st quarter of 2017 was $4.3 million, a 44.84% decrease ($3.5 million) over the 1st quarter of 2016.

British Indian Ocean Territory was the US 176th largest trading partner in the 1st quarter of 2017 (just as in the 1st quarter of 2016), accounting for 0.0013% of US total trade (up from 0.0010% in the 1st quarter of 2016).

British Indian Ocean Territory was the US 181st largest export market in the 1st quarter of 2017 (up from 199th in the 1st quarter of 2016), accounting for 0.0011% of US total exports (up from 0.0002% in the 1st quarter of 2016).

British Indian Ocean Territory was the US 145th largest supplier in the 1st quarter of 2017 (down from 142nd in the 1st quarter of 2016), accounting for 0.0015% of US total imports (down from 0.0016% in the 1st quarter of 2016).

US Exports to British Indian Ocean Territory

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

  • Wood and wood products (HS codes 44-49) - 65.51% of US total exports to British Indian Ocean Territory (0.00% in the 1st quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 15.04% of US total exports to British Indian Ocean Territory (86.61% in the 1st quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 8.48% of US total exports to British Indian Ocean Territory (0.79% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 3.89% of US total exports to British Indian Ocean Territory (0.00% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 3.29% of US total exports to British Indian Ocean Territory (9.35% in the 1st quarter of 2016).

The largest gains in US exports to British Indian Ocean Territory in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard (HS code 47) - an increase of $2,561.6 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $289.9 thousand;
  • Iron and steel (HS code 72) - an increase of $278.3 thousand;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $106.7 thousand;
  • Organic chemicals (HS code 29) - an increase of $49.4 thousand;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $45.2 thousand;
  • Miscellaneous chemical products (HS code 38) - an increase of $37.8 thousand;
  • Articles of iron or steel (HS code 73) - an increase of $35.2 thousand;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - an increase of $33.1 thousand;
  • Miscellaneous manufactured articles (HS code 96) - an increase of $31.0 thousand;
  • Aluminum and articles thereof (HS code 76) - an increase of $23.9 thousand;
  • 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 $14.4 thousand;
  • Edible vegetables and certain roots and tubers (HS code 07) - an increase of $12.0 thousand.

The largest declines in US exports to British Indian Ocean Territory in the 1st quarter of 2017 over the 1st 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 $115.5 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $96.1 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $24.2 thousand.
US exports to British Indian Ocean Territory 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
(%)
07 Edible vegetables and certain roots and tubers 12.0 0.30 0.0
08 Edible fruit and nuts; peel of citrus fruit or melons 106.7 2.68 0.0
20 Preparations of vegetables, fruit, nuts or other parts of plants 33.1 0.83 0.0
21 Miscellaneous edible preparations 3.1 0.08 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 4.8 0.12 0.0
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 3.3 0.08 0.0
29 Organic chemicals 49.4 1.24 0.0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 9.0 0.23 33.2-72.87
38 Miscellaneous chemical products 37.8 0.95 0.0
39 Plastics and articles thereof 19.4 0.49 15.326.41
40 Rubber and articles thereof 12.2 0.31 7.660.78
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 2,561.6 64.37 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 45.2 1.14 0.0
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 5.1 0.13 0.0
55 Man-made staple fibers 3.8 0.10 0.0
72 Iron and steel 278.3 6.99 0.0
73 Articles of iron or steel 35.2 0.88 0.0
76 Aluminum and articles thereof 23.9 0.60 0.0
83 Miscellaneous articles of base metal 0.0 0.00 4.7-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 296.7 7.46 6.84,264.39
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 135.8 3.41 251.3-45.96
88 Aircraft, spacecraft, and parts thereof 41.5 1.04 31.531.75
89 Ships, boats and floating structures 0.0 0.00 10.0-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 124.4 3.13 220.5-43.60
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 18.6 0.47 4.2346.44
96 Miscellaneous manufactured articles 31.0 0.78 0.0

US Imports from British Indian Ocean Territory

The major share of US imports from British Indian Ocean Territory 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) - 99.63% of US total imports from British Indian Ocean Territory (95.28% in the 1st quarter of 2016).

The largest gains in US imports from British Indian Ocean Territory in the 1st quarter of 2017 over the 1st 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) - an increase of $7,394.2 thousand.

The largest declines in US imports from British Indian Ocean Territory 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) - a decrease of $7,131.9 thousand.
US imports from British Indian Ocean Territory 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
(%)
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 13.4 0.16 0.0
40 Rubber and articles thereof 0.0 0.00 1.2-100.00
73 Articles of iron or steel 0.0 0.00 5.8-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 11.6 0.14 7,143.5-99.84
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 8,224.2 99.49 830.0890.90
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0.0 0.00 2.9-100.00
97 Works of art, collectors’ pieces and antiques 14.8 0.18 0.0
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce