US trade with Falkland Islands in the 4th quarter of 2017

Published or Updated: Apr 21, 2018

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

US Trade with Falkland Islands

In the 4th quarter of 2017, US trade with Falkland Islands was $1.5 million, down 77.81% ($5.4 million) from the 4th quarter of 2016.

US exports to Falkland Islands in the 4th quarter of 2017 were $0.1 million, down 71.26% ($0.3 million) from the 4th quarter of 2016.

US imports from Falkland Islands in the 4th quarter of 2017 were $1.4 million, down 78.22% ($5.1 million) from the 4th quarter of 2016.

US trade deficit with Falkland Islands in the 4th quarter of 2017 was $1.3 million, a 78.68% decrease ($4.8 million) over the 4th quarter of 2016.

Falkland Islands was the US 204th largest trading partner in the 4th quarter of 2017 (down from 178th in the 4th quarter of 2016), accounting for 0.0001% of US total trade (down from 0.0007% in the 4th quarter of 2016).

Falkland Islands was the US 213th largest export market in the 4th quarter of 2017 (down from 207th in the 4th quarter of 2016), accounting for 0.0000% of US total exports (down from 0.0001% in the 4th quarter of 2016).

Falkland Islands was the US 178th largest supplier in the 4th quarter of 2017 (down from 149th in the 4th quarter of 2016), accounting for 0.0002% of US total imports (down from 0.0011% in the 4th quarter of 2016).

US Exports to Falkland Islands

The major share of US exports to Falkland 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) - 81.03% of US total exports to Falkland Islands (91.14% in the 4th quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 7.75% of US total exports to Falkland Islands (0.93% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 3.85% of US total exports to Falkland Islands (0.90% in the 4th quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.65% of US total exports to Falkland Islands (0.00% in the 4th quarter of 2016).

The largest gains in US exports to Falkland 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) - an increase of $21.3 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $5.4 thousand;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $5.1 thousand;
  • Rubber and articles thereof (HS code 40) - an increase of $4.5 thousand;
  • Aluminum and articles thereof (HS code 76) - an increase of $4.0 thousand;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $3.1 thousand.

The largest declines in US exports to Falkland 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) - a decrease of $293.0 thousand;
  • Commodities not specified according to kind (HS code 99) - a decrease of $17.0 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $9.4 thousand;
  • Miscellaneous manufactured articles (HS code 96) - a decrease of $6.1 thousand;
  • Articles of iron or steel (HS code 73) - a decrease of $3.8 thousand;
  • Plastics and articles thereof (HS code 39) - a decrease of $3.7 thousand.
US exports to Falkland 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
(%)
39 Plastics and articles thereof 0.0 0.00 3.7-100.00
40 Rubber and articles thereof 4.5 3.85 0.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 3.1 2.65 0.0
73 Articles of iron or steel 0.0 0.00 3.8-100.00
76 Aluminum and articles thereof 4.0 3.43 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 5.1 4.33 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 5.4 4.63 0.0
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 29.0 24.82 322.0-91.00
88 Aircraft, spacecraft, and parts thereof 21.3 18.27 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 38.9 33.31 48.3-19.46
96 Miscellaneous manufactured articles 0.0 0.00 6.1-100.00
99 Commodities not specified according to kind 5.5 4.71 22.5-75.55

US Imports from Falkland Islands

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

  • Food products and agricultural raw materials (HS codes 01-24) - 98.05% of US total imports from Falkland Islands (99.58% in the 4th quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 1.10% of US total imports from Falkland Islands (0.11% in the 4th quarter of 2016).

The largest gains in US imports from Falkland Islands in the 4th quarter of 2017 over the 4th 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 $10.9 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $6.2 thousand.

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

  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $5,120.9 thousand;
  • Commodities not specified according to kind (HS code 99) - a decrease of $13.3 thousand.
US imports from Falkland 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 1,397.9 98.05 6,518.9-78.56
39 Plastics and articles thereof 0.0 0.00 0.5-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 4.7 0.33 7.5-37.35
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 10.9 0.77 0.0
97 Works of art, collectors’ pieces and antiques 6.2 0.44 0.0
99 Commodities not specified according to kind 6.0 0.42 19.3-68.89
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce