US trade with Falkland Islands in the 3rd quarter of 2017

Published or Updated: Mar 27, 2018

The report on US foreign trade in goods with Falkland Islands in the 3rd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Falkland Islands

In the 3rd quarter of 2017, US trade with Falkland Islands was $2.7 million, down 42.29% ($2.0 million) from the 3rd quarter of 2016.

US exports to Falkland Islands in the 3rd quarter of 2017 totaled $0.1 million, up 253.33% ($0.1 million) from the 3rd quarter of 2016.

US imports from Falkland Islands in the 3rd quarter of 2017 were $2.6 million, down 44.94% ($2.1 million) from the 3rd quarter of 2016.

US trade deficit with Falkland Islands in the 3rd quarter of 2017 was $2.4 million, a 47.65% decrease ($2.2 million) over the 3rd quarter of 2016.

Falkland Islands was the US 194th largest trading partner in the 3rd quarter of 2017 (down from 187th in the 3rd quarter of 2016), accounting for 0.0003% of US total trade (down from 0.0006% in the 3rd quarter of 2016).

Falkland Islands was the US 210th largest export market in the 3rd quarter of 2017 (up from 220th in the 3rd quarter of 2016), accounting for 0.0000% of US total exports (just as in the 3rd quarter of 2016).

Falkland Islands was the US 163rd largest supplier in the 3rd quarter of 2017 (down from 154th in the 3rd quarter of 2016), accounting for 0.0004% of US total imports (down from 0.0010% in the 3rd quarter of 2016).

US Exports to Falkland Islands

The major share of US exports to Falkland Islands in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 86.25% of US total exports to Falkland Islands (95.88% in the 3rd quarter of 2016).

The largest gains in US exports to Falkland Islands in the 3rd quarter of 2017 over the 3rd quarter of 2016 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) - an increase of $52.6 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 $20.7 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $13.9 thousand.

The largest declines in US exports to Falkland Islands in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • No product groups with a substantial decrease.
US exports to Falkland Islands in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q3 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 16.7 11.31 2.8496.25
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 58.0 39.29 37.255.68
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 52.6 35.65 0.0

US Imports from Falkland Islands

The major share of US imports from Falkland Islands in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 99.41% of US total imports from Falkland Islands (96.26% in the 3rd quarter of 2016).

The largest gains in US imports from Falkland Islands in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • No product groups with a substantial increase.

The largest declines in US imports from Falkland Islands in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $1,930.1 thousand.
US imports from Falkland Islands in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q3 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 2,543.8 99.41 4,473.9-43.14
69 Ceramic products 3.5 0.13 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0.0 0.00 3.0-100.00
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 4.1 0.16 0.7464.40
97 Works of art, collectors’ pieces and antiques 2.2 0.09 0.0
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce