US trade with Falkland Islands in the first nine months of 2017

Published or Updated: Apr 21, 2018

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

US Trade with Falkland Islands

In the first nine months of 2017, US trade with Falkland Islands was $10.8 million, down 25.47% ($3.7 million) from the first nine months of 2016.

US exports to Falkland Islands in the first nine months of 2017 were $0.4 million, down 66.12% ($0.7 million) from the first nine months of 2016.

US imports from Falkland Islands in the first nine months of 2017 were $10.4 million, down 22.20% ($3.0 million) from the first nine months of 2016.

US trade deficit with Falkland Islands in the first nine months of 2017 was $10.0 million, a 18.34% decrease ($2.3 million) over the first nine months of 2016.

Falkland Islands was the US 189th largest trading partner in the first nine months of 2017 (down from 187th in the first nine months of 2016), accounting for 0.0004% of US total trade (down from 0.0006% in the first nine months of 2016).

Falkland Islands was the US 214th largest export market in the first nine months of 2017 (down from 206th in the first nine months of 2016), accounting for 0.0000% of US total exports (down from 0.0001% in the first nine months of 2016).

Falkland Islands was the US 165th largest supplier in the first nine months of 2017 (down from 156th in the first nine months of 2016), accounting for 0.0006% of US total imports (down from 0.0009% in the first nine months of 2016).

US Exports to Falkland Islands

The major share of US exports to Falkland 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) - 84.40% of US total exports to Falkland Islands (90.12% in the first nine months of 2016);
  • Chemical products (HS codes 28-40) - 6.73% of US total exports to Falkland Islands (0.26% in the first nine months of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 0.00% of US total exports to Falkland Islands (1.50% in the first nine months of 2016).

The largest gains in US exports to Falkland Islands in the first nine months of 2017 over the first nine months 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 $136.9 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $72.6 thousand;
  • Plastics and articles thereof (HS code 39) - an increase of $24.6 thousand.

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

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $867.9 thousand;
  • Commodities not specified according to kind (HS code 99) - a decrease of $55.1 thousand;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - a decrease of $16.2 thousand;
  • Ships, boats and floating structures (HS code 89) - a decrease of $5.0 thousand;
  • Organic chemicals (HS code 29) - a decrease of $2.8 thousand.
US exports to Falkland 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
(%)
29 Organic chemicals 0.0 0.00 2.8-100.00
39 Plastics and articles thereof 24.6 6.73 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 0.0 0.00 16.2-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 16.7 4.57 884.6-98.11
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 219.1 59.97 82.2166.59
89 Ships, boats and floating structures 0.0 0.00 5.0-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 72.6 19.87 0.0
99 Commodities not specified according to kind 32.4 8.86 87.5-63.01

US Imports from Falkland Islands

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

  • Food products and agricultural raw materials (HS codes 01-24) - 99.70% of US total imports from Falkland Islands (97.59% in the first nine months of 2016).

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

  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $2,678.4 thousand;
  • Commodities not specified according to kind (HS code 99) - a decrease of $242.0 thousand;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $32.1 thousand.
US imports from Falkland 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
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 10,366.3 99.68 13,044.6-20.53
09 Coffee, tea, maté and spices 3.1 0.03 0.0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 4.0 0.04 0.0
69 Ceramic products 3.5 0.03 0.0
70 Glass and glassware 0.0 0.00 6.6-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 0.0 0.00 32.1-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0.0 0.00 3.0-100.00
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 8.0 0.08 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 4.1 0.04 0.7464.40
97 Works of art, collectors’ pieces and antiques 2.2 0.02 28.8-92.36
99 Commodities not specified according to kind 9.0 0.09 251.0-96.40
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce