US trade with British Virgin Islands in the 4th quarter of 2017

Published or Updated: May 10, 2018

The report on US foreign trade in goods with British Virgin Islands in the 4th quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with British Virgin Islands

In the 4th quarter of 2017, US trade with British Virgin Islands was $91.5 million, down 35.20% ($49.7 million) from the 4th quarter of 2016.

US exports to British Virgin Islands in the 4th quarter of 2017 were $89.5 million, down 25.00% ($29.8 million) from the 4th quarter of 2016.

US imports from British Virgin Islands in the 4th quarter of 2017 were $2.0 million, down 90.80% ($19.9 million) from the 4th quarter of 2016.

US trade surplus with British Virgin Islands in the 4th quarter of 2017 was $87.5 million, a 10.22% decrease ($10.0 million) over the 4th quarter of 2016.

British Virgin Islands was the US 128th largest trading partner in the 4th quarter of 2017 (down from 110th in the 4th quarter of 2016), accounting for 0.0088% of US total trade (down from 0.0147% in the 4th quarter of 2016).

British Virgin Islands was the US 111th largest export market in the 4th quarter of 2017 (down from 97th in the 4th quarter of 2016), accounting for 0.0220% of US total exports (down from 0.0315% in the 4th quarter of 2016).

British Virgin Islands was the US 173rd largest supplier in the 4th quarter of 2017 (down from 125th in the 4th quarter of 2016), accounting for 0.0003% of US total imports (down from 0.0038% in the 4th quarter of 2016).

US Exports to British Virgin Islands

The major share of US exports to British Virgin Islands in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 35.71% of US total exports to British Virgin Islands (65.67% in the 4th quarter of 2016);
  • Mineral products (HS codes 25-27) - 13.58% of US total exports to British Virgin Islands (8.60% in the 4th quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 7.74% of US total exports to British Virgin Islands (6.15% in the 4th quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 6.97% of US total exports to British Virgin Islands (1.77% in the 4th quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 6.92% of US total exports to British Virgin Islands (2.60% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 5.65% of US total exports to British Virgin Islands (3.88% in the 4th quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.04% of US total exports to British Virgin Islands (0.82% in the 4th quarter of 2016);
  • Precious metals and stones (HS code 71) - 0.08% of US total exports to British Virgin Islands (1.23% in the 4th quarter of 2016).

The largest gains in US exports to British Virgin Islands in the 4th quarter of 2017 over the 4th 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 $6.3 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $4.6 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $4.3 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $2.6 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 $2.3 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $2.3 million;
  • Glass and glassware (HS code 70) - an increase of $2.0 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $2.0 million;
  • Aluminum and articles thereof (HS code 76) - an increase of $1.5 million;
  • Articles of iron or steel (HS code 73) - an increase of $1.3 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $0.6 million;
  • Miscellaneous articles of base metal (HS code 83) - an increase of $0.4 million;
  • Meat and edible meat offal (HS code 02) - an increase of $0.4 million.

The largest declines in US exports to British Virgin Islands in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $58.3 million;
  • 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) - a decrease of $1.4 million;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $0.3 million;
  • Clocks and watches and parts thereof (HS code 91) - a decrease of $0.3 million.
US exports to British Virgin Islands in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q4 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
01 Live animals 0.0 0.00 6.0-100.00
02 Meat and edible meat offal 2,027.1 2.26 1,661.921.97
03 Fish and crustaceans, molluscs and other aquatic invertebrates 258.2 0.29 410.1-37.05
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 511.6 0.57 379.934.69
05 Products of animal origin, not elsewhere specified or included 0.0 0.00 89.2-100.00
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 240.3 0.27 176.336.24
07 Edible vegetables and certain roots and tubers 231.6 0.26 110.8108.94
08 Edible fruit and nuts; peel of citrus fruit or melons 216.9 0.24 212.32.18
09 Coffee, tea, maté and spices 16.1 0.02 30.1-46.45
10 Cereals 124.8 0.14 137.0-8.89
11 Products of the milling industry; malt; starches; inulin; wheat gluten 61.0 0.07 85.1-28.38
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 0.0 0.00 17.4-100.00
13 Lac; gums, resins and other vegetable saps and extracts 5.6 0.01 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 92.3 0.10 135.0-31.62
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 250.2 0.28 322.7-22.47
17 Sugars and sugar confectionery 88.4 0.10 107.1-17.46
18 Cocoa and cocoa preparations 54.4 0.06 166.0-67.21
19 Preparations of cereals, flour, starch or milk; bakers’ wares 620.8 0.69 635.6-2.32
20 Preparations of vegetables, fruit, nuts or other parts of plants 294.7 0.33 356.9-17.44
21 Miscellaneous edible preparations 322.3 0.36 398.1-19.04
22 Beverages, spirits and vinegar 1,423.1 1.59 1,758.3-19.06
23 Residues and waste from the food industries; prepared animal feed 84.8 0.09 130.1-34.80
24 Tobacco and manufactured tobacco substitutes 2.8 0.00 9.7-71.27
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 577.7 0.65 660.4-12.52
26 Ores, slag and ash 32.8 0.04 3.7778.57
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 11,548.0 12.90 9,595.420.35
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 101.1 0.11 28.2258.29
29 Organic chemicals 60.1 0.07 28.6110.28
30 Pharmaceutical products 56.6 0.06 19.1196.22
31 Fertilizers 0.0 0.00 2.5-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 923.9 1.03 744.324.14
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 425.0 0.47 616.6-31.08
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 588.7 0.66 358.264.35
35 Albuminoidal substances; modified starches; glues; enzymes 54.9 0.06 28.195.63
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 0.0 0.00 3.5-100.00
37 Photographic or cinematographic goods 3.0 0.00 13.8-77.84
38 Miscellaneous chemical products 390.5 0.44 423.3-7.76
39 Plastics and articles thereof 2,245.4 2.51 2,030.510.59
40 Rubber and articles thereof 206.7 0.23 337.7-38.80
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 30.6 0.03 55.7-45.17
44 Wood and articles of wood; wood charcoal 5,935.1 6.63 1,654.7258.69
45 Cork and articles of cork 13.7 0.02 4.8184.93
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 247.2 0.28 338.2-26.90
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 42.1 0.05 110.7-62.00
52 Cotton 16.5 0.02 7.5119.77
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 0.0 0.00 6.9-100.00
54 Man-made filaments 7.4 0.01 0.0
55 Man-made staple fibers 5.0 0.01 3.350.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 135.9 0.15 3.83,482.67
57 Carpets and other textile floor coverings 75.3 0.08 81.8-7.87
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 20.5 0.02 0.0
60 Knitted or crocheted fabrics 4.1 0.00 3.95.53
61 Articles of apparel and clothing accessories, knitted or crocheted 26.4 0.03 99.6-73.53
62 Articles of apparel and clothing accessories, not knitted or crocheted 49.1 0.05 138.6-64.60
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 342.9 0.38 307.511.53
64 Footwear, gaiters and the like; parts of such articles 223.6 0.25 242.7-7.84
65 Headgear and parts thereof 15.2 0.02 79.1-80.81
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 7.7 0.01 7.43.36
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 4.9 0.01 0.0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 677.2 0.76 534.026.81
69 Ceramic products 280.6 0.31 161.473.88
70 Glass and glassware 2,159.0 2.41 157.01,275.24
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 68.5 0.08 1,473.1-95.35
72 Iron and steel 172.1 0.19 360.8-52.31
73 Articles of iron or steel 2,219.6 2.48 881.6151.77
74 Copper and articles thereof 268.3 0.30 226.118.65
75 Nickel and articles thereof 9.5 0.01 0.0
76 Aluminum and articles thereof 2,350.2 2.63 824.2185.16
78 Lead and articles thereof 15.7 0.02 0.0
79 Zinc and articles thereof 3.0 0.00 0.0
80 Tin and articles thereof 3.3 0.00 0.0
81 Other base metals; cermets; articles thereof 9.7 0.01 22.5-56.69
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 228.1 0.25 267.7-14.81
83 Miscellaneous articles of base metal 913.4 1.02 516.576.84
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 7,017.4 7.84 4,410.359.11
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 9,228.1 10.31 2,889.0219.42
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 121.4 0.14 55.4119.00
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 7,517.0 8.40 5,196.744.65
88 Aircraft, spacecraft, and parts thereof 5,108.4 5.71 63,438.0-91.95
89 Ships, boats and floating structures 1,803.1 2.01 1,785.31.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,168.2 1.31 598.595.18
91 Clocks and watches and parts thereof 56.1 0.06 345.3-83.77
92 Musical instruments; parts and accessories of such articles 5.8 0.01 19.2-69.84
93 Arms and ammunition; parts and accessories thereof 0.0 0.00 3.9-100.00
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 4,792.1 5.35 2,461.594.69
95 Toys, games and sports requisites; parts and accessories thereof 169.7 0.19 129.331.22
96 Miscellaneous manufactured articles 127.3 0.14 118.07.84
97 Works of art, collectors’ pieces and antiques 0.0 0.00 4.0-100.00
99 Commodities not specified according to kind 11,669.9 13.04 7,095.164.48

US Imports from British Virgin Islands

The major share of US imports from British Virgin Islands in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 31.70% of US total imports from British Virgin Islands (0.80% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 7.37% of US total imports from British Virgin Islands (0.00% in the 4th quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 5.89% of US total imports from British Virgin Islands (0.10% in the 4th quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.57% of US total imports from British Virgin Islands (0.01% in the 4th quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 2.27% of US total imports from British Virgin Islands (0.21% in the 4th quarter of 2016);
  • Precious metals and stones (HS code 71) - 1.03% of US total imports from British Virgin Islands (0.00% in the 4th quarter of 2016).

The largest gains in US imports from British Virgin Islands in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • 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) - an increase of $0.2 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $0.1 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 $0.1 million;
  • Plastics and articles thereof (HS code 39) - an increase of $0.1 million;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - an increase of $0.1 million;
  • Miscellaneous articles of base metal (HS code 83) - an increase of $0.1 million;
  • Rubber and articles thereof (HS code 40) - an increase of $0.1 million;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $0.0 million;
  • Articles of iron or steel (HS code 73) - an increase of $0.0 million;
  • 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 $0.0 million;
  • Headgear and parts thereof (HS code 65) - an increase of $0.0 million.

The largest declines in US imports from British Virgin Islands in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - a decrease of $20.6 million;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - a decrease of $0.1 million;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $0.1 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 British Virgin Islands in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q4 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 0.0 0.00 53.8-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0.0 0.00 75.1-100.00
39 Plastics and articles thereof 86.2 4.28 0.712,388.26
40 Rubber and articles thereof 62.4 3.09 0.0
44 Wood and articles of wood; wood charcoal 45.8 2.27 41.011.72
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0.0 0.00 5.7-100.00
62 Articles of apparel and clothing accessories, not knitted or crocheted 43.8 2.17 0.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0.0 0.00 2.2-100.00
65 Headgear and parts thereof 8.1 0.40 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 20.7 1.03 0.0
72 Iron and steel 5.6 0.28 0.0
73 Articles of iron or steel 21.2 1.05 0.0
75 Nickel and articles thereof 2.6 0.13 0.0
83 Miscellaneous articles of base metal 89.3 4.43 22.3300.09
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 148.2 7.35 10.91,260.06
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 142.6 7.08 24.5481.33
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 335.3 16.64 109.3206.77
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 12.6 0.63 31.0-59.34
92 Musical instruments; parts and accessories of such articles 3.2 0.16 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 8.1-100.00
95 Toys, games and sports requisites; parts and accessories thereof 70.3 3.49 0.0
99 Commodities not specified according to kind 917.1 45.52 21,512.1-95.74
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce