US trade (export - import) with Falkland Islands in 2016
Published or Updated: Apr 26, 2017
The report on US foreign trade in goods with Falkland Islands in 2016: exports, imports, balance, product types and groups, dynamics.
US Trade with Falkland Islands
In 2016, US trade with Falkland Islands totaled $21.4 million, up 23.71% ($4.1 million) from 2015.
US exports to Falkland Islands in 2016 were $1.5 million, down 49.12% ($1.4 million) from 2015.
US imports from Falkland Islands in 2016 totaled $19.9 million, up 38.49% ($5.5 million) from 2015.
US trade deficit with Falkland Islands in 2016 was $18.4 million, a 60.80% increase ($7.0 million) over 2015.
Falkland Islands was the US 184th largest trading partner in 2016 (up from 188th in 2015), accounting for 0.0006% of US total trade (up from 0.0005% in 2015).
Falkland Islands was the US 208th largest export market in 2016 (down from 202nd in 2015), accounting for 0.0001% of US total exports (down from 0.0002% in 2015).
Falkland Islands was the US 154th largest supplier in 2016 (up from 166th in 2015), accounting for 0.0009% of US total imports (up from 0.0006% in 2015).
US Exports to Falkland Islands
The major share of US exports to Falkland Islands in 2016 (and in 2015) was accounted for the following product types:
- Machinery, equipment and vehicles (HS codes 84-90) - 90.40% of US total exports to Falkland Islands (84.16% in 2015);
- Textiles, textile products and footwear (HS codes 50-67) - 1.09% of US total exports to Falkland Islands (0.18% in 2015);
- Chemical products (HS codes 28-40) - 0.43% of US total exports to Falkland Islands (2.67% in 2015);
- Metals and products from them (HS codes 72-83) - 0.25% of US total exports to Falkland Islands (1.80% in 2015).
The largest gains in US exports to Falkland Islands in 2016 over 2015 were recorded for the following product groups:
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $165.4 thousand;
- 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 $138.9 thousand;
- Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $16.2 thousand;
- Ships, boats and floating structures (HS code 89) - an increase of $5.0 thousand.
The largest declines in US exports to Falkland Islands in 2016 over 2015 were recorded for the following product groups:
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $867.7 thousand;
- Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $533.0 thousand;
- Commodities not specified according to kind (HS code 99) - a decrease of $132.7 thousand;
- Articles of iron or steel (HS code 73) - a decrease of $48.7 thousand;
- Miscellaneous manufactured articles (HS code 96) - a decrease of $38.5 thousand;
- Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $26.9 thousand;
- 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 (HS code 34) - a decrease of $26.0 thousand;
- Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $22.1 thousand;
- Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $22.0 thousand;
- Rubber and articles thereof (HS code 40) - a decrease of $19.6 thousand;
- Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $7.5 thousand;
- Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates (HS code 16) - a decrease of $6.2 thousand;
- Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - a decrease of $5.2 thousand.
| HS code |
Name of product group | Value of exports in 2016 (USD thousand) |
Share in total export (%) |
Value of exports in 2015 (USD thousand) |
Change in 2016 over 2015 (%) |
|---|---|---|---|---|---|
| 03 | Fish and crustaceans, molluscs and other aquatic invertebrates | 0.0 | 0.00 | 7.5 | -100.00 |
| 16 | Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates | 0.0 | 0.00 | 6.2 | -100.00 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 0.0 | 0.00 | 22.1 | -100.00 |
| 29 | Organic chemicals | 2.8 | 0.19 | 0.0 | ∞ |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 0.0 | 0.00 | 26.9 | -100.00 |
| 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 | 0.0 | 0.00 | 26.0 | -100.00 |
| 39 | Plastics and articles thereof | 3.7 | 0.25 | 5.5 | -33.55 |
| 40 | Rubber and articles thereof | 0.0 | 0.00 | 19.6 | -100.00 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 0.0 | 0.00 | 3.4 | -100.00 |
| 61 | Articles of apparel and clothing accessories, knitted or crocheted | 16.2 | 1.09 | 0.0 | ∞ |
| 62 | Articles of apparel and clothing accessories, not knitted or crocheted | 0.0 | 0.00 | 5.2 | -100.00 |
| 73 | Articles of iron or steel | 3.8 | 0.25 | 52.5 | -92.80 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 884.6 | 59.59 | 719.3 | 22.99 |
| 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 | 404.2 | 27.22 | 265.3 | 52.36 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 0.0 | 0.00 | 22.0 | -100.00 |
| 88 | Aircraft, spacecraft, and parts thereof | 0.0 | 0.00 | 533.0 | -100.00 |
| 89 | Ships, boats and floating structures | 5.0 | 0.34 | 0.0 | ∞ |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 48.3 | 3.25 | 916.0 | -94.73 |
| 96 | Miscellaneous manufactured articles | 6.1 | 0.41 | 44.6 | -86.40 |
| 99 | Commodities not specified according to kind | 110.0 | 7.41 | 242.7 | -54.67 |
US Imports from Falkland Islands
The major share of US imports from Falkland Islands in 2016 (and in 2015) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 98.25% of US total imports from Falkland Islands (90.40% in 2015).
The largest gains in US imports from Falkland Islands in 2016 over 2015 were recorded for the following product groups:
- Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $6,571.0 thousand.
The largest declines in US imports from Falkland Islands in 2016 over the 2015 were recorded for the following product groups:
- Commodities not specified according to kind (HS code 99) - a decrease of $1,061.2 thousand.
| HS code |
Name of product group | Value of imports in 2016 (USD thousand) |
Share in total import (%) |
Value of imports in 2015 USD thousand) |
Change in 2016 over 2015 (%) |
|---|---|---|---|---|---|
| 03 | Fish and crustaceans, molluscs and other aquatic invertebrates | 19,563.5 | 98.25 | 12,992.6 | 50.57 |
| 16 | Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates | 0.0 | 0.00 | 5.3 | -100.00 |
| 39 | Plastics and articles thereof | 0.5 | 0.00 | 0.0 | ∞ |
| 42 | Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) | 0.0 | 0.00 | 0.3 | -100.00 |
| 70 | Glass and glassware | 6.6 | 0.03 | 0.0 | ∞ |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 32.1 | 0.16 | 0.0 | ∞ |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 10.4 | 0.05 | 8.2 | 26.72 |
| 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 | 0.0 | 0.00 | 23.5 | -100.00 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 0.0 | 0.00 | 16.2 | -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 | 0.7 | 0.00 | 0.7 | 5.40 |
| 97 | Works of art, collectors’ pieces and antiques | 28.8 | 0.14 | 0.0 | ∞ |
| 99 | Commodities not specified according to kind | 270.3 | 1.36 | 1,331.5 | -79.70 |