US trade with British Virgin Islands in the first nine months of 2017

Published or Updated: May 10, 2018

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

US Trade with British Virgin Islands

In the first nine months of 2017, US trade with British Virgin Islands totaled $283.6 million, up 27.09% ($60.5 million) from the first nine months of 2016.

US exports to British Virgin Islands in the first nine months of 2017 totaled $278.6 million, up 30.45% ($65.0 million) from the first nine months of 2016.

US imports from British Virgin Islands in the first nine months of 2017 were $5.0 million, down 48.03% ($4.6 million) from the first nine months of 2016.

US trade surplus with British Virgin Islands in the first nine months of 2017 was $273.7 million, a 34.12% increase ($69.6 million) over the first nine months of 2016.

British Virgin Islands was the US 122nd largest trading partner in the first nine months of 2017 (up from 127th in the first nine months of 2016), accounting for 0.0097% of US total trade (up from 0.0085% in the first nine months of 2016).

British Virgin Islands was the US 104th largest export market in the first nine months of 2017 (up from 110th in the first nine months of 2016), accounting for 0.0245% of US total exports (up from 0.0202% in the first nine months of 2016).

British Virgin Islands was the US 176th largest supplier in the first nine months of 2017 (down from 166th in the first nine months of 2016), accounting for 0.0003% of US total imports (down from 0.0006% in the first nine months of 2016).

US Exports to British Virgin Islands

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

  • Machinery, equipment and vehicles (HS codes 84-90) - 47.47% of US total exports to British Virgin Islands (60.79% in the first nine months of 2016);
  • Mineral products (HS codes 25-27) - 17.80% of US total exports to British Virgin Islands (4.15% in the first nine months of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 7.45% of US total exports to British Virgin Islands (9.76% in the first nine months of 2016);
  • Chemical products (HS codes 28-40) - 3.97% of US total exports to British Virgin Islands (4.78% in the first nine months of 2016);
  • Metals and products from them (HS codes 72-83) - 3.38% of US total exports to British Virgin Islands (3.52% in the first nine months of 2016);
  • Wood and wood products (HS codes 44-49) - 3.29% of US total exports to British Virgin Islands (3.41% in the first nine months of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.16% of US total exports to British Virgin Islands (0.99% in the first nine months of 2016);
  • Precious metals and stones (HS code 71) - 0.61% of US total exports to British Virgin Islands (1.42% in the first nine months of 2016).

The largest gains in US exports to British Virgin Islands in the first nine months of 2017 over the first nine months of 2016 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $41.0 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $11.1 million;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $4.6 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 $4.1 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $1.9 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 $1.5 million;
  • Ceramic products (HS code 69) - an increase of $1.2 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $1.0 million;
  • Articles of iron or steel (HS code 73) - an increase of $1.0 million;
  • Aluminum and articles thereof (HS code 76) - an increase of $0.9 million.

The largest declines in US exports to British Virgin Islands in the first nine months of 2017 over the first nine months of 2016 were recorded for the following product groups:

  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $2.5 million;
  • Ships, boats and floating structures (HS code 89) - a decrease of $2.3 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 $1.3 million.
US exports to British Virgin Islands in the first nine months of 2017 by product groups
HS
code
Name of product group Value
of exports
in first 9 months 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in first 9 months 2016
(USD thousand)
Change
in first 9 months 2017
over first 9 months 2016
(%)
01 Live animals 0.0 0.00 3.0-100.00
02 Meat and edible meat offal 4,462.2 1.60 4,563.4-2.22
03 Fish and crustaceans, molluscs and other aquatic invertebrates 1,298.3 0.47 1,033.625.61
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 1,540.8 0.55 1,284.819.93
05 Products of animal origin, not elsewhere specified or included 115.7 0.04 20.0478.95
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 225.9 0.08 258.1-12.45
07 Edible vegetables and certain roots and tubers 601.6 0.22 409.646.88
08 Edible fruit and nuts; peel of citrus fruit or melons 862.9 0.31 741.416.38
09 Coffee, tea, maté and spices 107.4 0.04 209.5-48.75
10 Cereals 420.1 0.15 377.711.22
11 Products of the milling industry; malt; starches; inulin; wheat gluten 186.5 0.07 307.0-39.23
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 73.5 0.03 57.627.61
13 Lac; gums, resins and other vegetable saps and extracts 0.0 0.00 2.7-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 301.0 0.11 305.1-1.35
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 912.2 0.33 870.04.85
17 Sugars and sugar confectionery 323.6 0.12 398.7-18.84
18 Cocoa and cocoa preparations 215.3 0.08 191.312.56
19 Preparations of cereals, flour, starch or milk; bakers’ wares 1,655.1 0.59 1,825.6-9.34
20 Preparations of vegetables, fruit, nuts or other parts of plants 1,225.9 0.44 1,273.5-3.74
21 Miscellaneous edible preparations 1,003.8 0.36 1,397.1-28.15
22 Beverages, spirits and vinegar 4,795.0 1.72 4,823.3-0.59
23 Residues and waste from the food industries; prepared animal feed 426.5 0.15 471.9-9.62
24 Tobacco and manufactured tobacco substitutes 15.2 0.01 25.8-41.09
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 2,117.8 0.76 2,370.2-10.65
26 Ores, slag and ash 29.1 0.01 39.9-27.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 47,438.9 17.02 6,452.0635.26
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 226.8 0.08 155.445.95
29 Organic chemicals 735.0 0.26 63.61,054.78
30 Pharmaceutical products 138.4 0.05 121.813.55
31 Fertilizers 31.2 0.01 44.4-29.84
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 1,554.5 0.56 1,681.2-7.54
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 1,311.4 0.47 1,421.4-7.74
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 1,260.8 0.45 1,244.01.35
35 Albuminoidal substances; modified starches; glues; enzymes 197.2 0.07 55.7254.14
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 47.5 0.02 11.8300.56
37 Photographic or cinematographic goods 7.4 0.00 9.1-18.66
38 Miscellaneous chemical products 929.2 0.33 1,178.8-21.18
39 Plastics and articles thereof 4,268.8 1.53 3,813.211.95
40 Rubber and articles thereof 358.8 0.13 408.0-12.07
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 259.3 0.09 166.655.65
43 Furskins and artificial fur; manufactures thereof 0.0 0.00 30.8-100.00
44 Wood and articles of wood; wood charcoal 7,605.1 2.73 5,693.833.57
45 Cork and articles of cork 24.3 0.01 5.8316.31
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 16.0 0.01 0.0
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 0.0 0.00 25.0-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 1,152.8 0.41 1,135.81.49
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 371.8 0.13 427.9-13.10
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 13.4 0.00 29.6-54.90
54 Man-made filaments 3.1 0.00 0.0
55 Man-made staple fibers 27.4 0.01 23.616.02
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 127.8 0.05 218.6-41.53
57 Carpets and other textile floor coverings 236.3 0.08 189.224.90
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 8.3 0.00 2.7213.02
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 53.6 0.02 36.447.31
60 Knitted or crocheted fabrics 23.4 0.01 15.451.98
61 Articles of apparel and clothing accessories, knitted or crocheted 414.0 0.15 260.658.82
62 Articles of apparel and clothing accessories, not knitted or crocheted 341.0 0.12 240.142.02
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 624.4 0.22 331.188.58
64 Footwear, gaiters and the like; parts of such articles 561.1 0.20 538.94.12
65 Headgear and parts thereof 68.4 0.02 42.162.63
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 101.9 0.04 27.4272.17
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 630.3 0.23 156.7302.31
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 1,320.0 0.47 1,098.920.11
69 Ceramic products 1,606.7 0.58 444.6261.35
70 Glass and glassware 661.2 0.24 533.923.84
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 1,700.0 0.61 3,038.1-44.04
72 Iron and steel 1,351.9 0.49 1,831.7-26.19
73 Articles of iron or steel 3,698.8 1.33 2,728.435.57
74 Copper and articles thereof 492.6 0.18 352.239.84
75 Nickel and articles thereof 13.9 0.00 9.545.75
76 Aluminum and articles thereof 2,063.9 0.74 1,116.784.82
79 Zinc and articles thereof 0.0 0.00 2.7-100.00
80 Tin and articles thereof 2.7 0.00 16.5-83.59
81 Other base metals; cermets; articles thereof 42.1 0.02 28.149.69
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 580.9 0.21 493.217.78
83 Miscellaneous articles of base metal 1,176.0 0.42 947.124.16
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 14,993.8 5.38 13,992.67.16
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 8,756.5 3.14 7,264.720.53
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 115.3 0.04 98.716.71
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 14,829.0 5.32 17,336.2-14.46
88 Aircraft, spacecraft, and parts thereof 88,844.6 31.88 84,251.75.45
89 Ships, boats and floating structures 1,440.5 0.52 3,749.7-61.58
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 3,305.7 1.19 3,160.54.59
91 Clocks and watches and parts thereof 635.9 0.23 551.015.41
92 Musical instruments; parts and accessories of such articles 55.9 0.02 41.833.87
93 Arms and ammunition; parts and accessories thereof 14.1 0.01 3.9260.77
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 7,375.2 2.65 3,252.4126.76
95 Toys, games and sports requisites; parts and accessories thereof 607.0 0.22 361.767.81
96 Miscellaneous manufactured articles 705.3 0.25 336.9109.35
97 Works of art, collectors’ pieces and antiques 42.2 0.02 29.344.17
99 Commodities not specified according to kind 28,132.7 10.10 17,016.765.32

US Imports from British Virgin Islands

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

  • Machinery, equipment and vehicles (HS codes 84-90) - 24.73% of US total imports from British Virgin Islands (11.43% in the first nine months of 2016);
  • Chemical products (HS codes 28-40) - 12.63% of US total imports from British Virgin Islands (3.85% in the first nine months of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 10.93% of US total imports from British Virgin Islands (2.21% in the first nine months of 2016);
  • Metals and products from them (HS codes 72-83) - 4.90% of US total imports from British Virgin Islands (2.74% in the first nine months of 2016);
  • Mineral products (HS codes 25-27) - 3.96% of US total imports from British Virgin Islands (0.05% in the first nine months of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 0.00% of US total imports from British Virgin Islands (1.51% in the first nine months of 2016).

The largest gains in US imports from British Virgin Islands in the first nine months of 2017 over the first nine months of 2016 were recorded for the following product groups:

  • Rubber and articles thereof (HS code 40) - an increase of $0.6 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $0.4 million;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - an increase of $0.3 million;
  • Articles of iron or steel (HS code 73) - an increase of $0.2 million;
  • Salt; sulfur; earths and stone; plastering materials, lime and cement (HS code 25) - an increase of $0.2 million;
  • 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;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $0.1 million;
  • Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof (HS code 56) - an increase of $0.0 million;
  • Clocks and watches and parts thereof (HS code 91) - an increase of $0.0 million.

The largest declines in US imports from British Virgin Islands in the first nine months of 2017 over the first nine months of 2016 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - a decrease of $3.7 million;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $1.1 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $0.3 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) - a decrease of $0.3 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 $0.2 million;
  • Iron and steel (HS code 72) - a decrease of $0.2 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $0.1 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;
  • Glass and glassware (HS code 70) - a decrease of $0.1 million;
  • Ceramic products (HS code 69) - a decrease of $0.1 million;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - a decrease of $0.1 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 $0.1 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $0.1 million;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - a decrease of $0.0 million;
  • Miscellaneous manufactured articles (HS code 96) - a decrease of $0.0 million;
  • Plastics and articles thereof (HS code 39) - a decrease of $0.0 million;
  • Aluminum and articles thereof (HS code 76) - a decrease of $0.0 million.
US imports from British Virgin Islands in the first nine months of 2017 by product groups
HS
code
Name of product group Value
of imports
in first 9 months 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in first 9 months 2016
(USD thousand)
Change
in first 9 months 2017
over first 9 months 2016
(%)
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0.0 0.00 144.0-100.00
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 196.3 3.96 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 0.0 0.00 4.7-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0.0 0.00 310.7-100.00
39 Plastics and articles thereof 16.4 0.33 46.7-64.92
40 Rubber and articles thereof 609.6 12.30 9.96,079.68
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 14.8 0.30 29.1-49.18
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 3.0 0.06 0.0
54 Man-made filaments 0.0 0.00 11.2-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 20.0 0.40 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 52.0 1.05 90.6-42.57
62 Articles of apparel and clothing accessories, not knitted or crocheted 2.9 0.06 72.2-95.96
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 95.7 1.93 8.61,017.13
64 Footwear, gaiters and the like; parts of such articles 333.0 6.72 0.0
65 Headgear and parts thereof 38.1 0.77 27.936.40
69 Ceramic products 0.0 0.00 77.5-100.00
70 Glass and glassware 0.0 0.00 116.1-100.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 14.0 0.28 72.5-80.63
72 Iron and steel 37.4 0.75 219.7-83.00
73 Articles of iron or steel 203.1 4.10 3.55,652.59
76 Aluminum and articles thereof 0.0 0.00 21.5-100.00
79 Zinc and articles thereof 0.0 0.00 11.6-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 2.2 0.04 0.0
83 Miscellaneous articles of base metal 0.0 0.00 4.6-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 749.7 15.13 334.3124.24
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 116.8 2.36 370.2-68.44
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 345.4 6.97 168.7104.80
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 11.4 0.23 66.5-82.79
88 Aircraft, spacecraft, and parts thereof 0.0 0.00 3.6-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 2.4 0.05 146.5-98.36
91 Clocks and watches and parts thereof 15.2 0.31 0.0
92 Musical instruments; parts and accessories of such articles 0.0 0.00 4.9-100.00
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 36.2 0.73 240.5-84.96
95 Toys, games and sports requisites; parts and accessories thereof 85.3 1.72 78.98.11
96 Miscellaneous manufactured articles 8.7 0.18 41.3-78.86
97 Works of art, collectors’ pieces and antiques 5.7 0.12 1,123.7-99.49
99 Commodities not specified according to kind 1,940.9 39.16 5,674.8-65.80
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce