US trade with Maldives in the 4th quarter of 2017

Published or Updated: Apr 06, 2018

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

US Trade with Maldives

In the 4th quarter of 2017, US trade with Maldives totaled $21.5 million, up 14.63% ($2.7 million) from the 4th quarter of 2016.

US exports to Maldives in the 4th quarter of 2017 totaled $9.9 million, up 16.65% ($1.4 million) from the 4th quarter of 2016.

US imports from Maldives in the 4th quarter of 2017 totaled $11.7 million, up 12.99% ($1.3 million) from the 4th quarter of 2016.

US trade deficit with Maldives in the 4th quarter of 2017 was $1.8 million, a 3.56% decrease ($0.1 million) over the 4th quarter of 2016.

Maldives was the US 170th largest trading partner in the 4th quarter of 2017 (down from 167th in the 4th quarter of 2016), accounting for 0.0021% of US total trade (up from 0.0020% in the 4th quarter of 2016).

Maldives was the US 171st largest export market in the 4th quarter of 2017 (down from 169th in the 4th quarter of 2016), accounting for 0.0024% of US total exports (up from 0.0022% in the 4th quarter of 2016).

Maldives was the US 144th largest supplier in the 4th quarter of 2017 (down from 143rd in the 4th quarter of 2016), accounting for 0.0018% of US total imports (just as in the 4th quarter of 2016).

US Exports to Maldives

The major share of US exports to Maldives 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) - 74.31% of US total exports to Maldives (65.57% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 6.98% of US total exports to Maldives (7.39% in the 4th quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 3.20% of US total exports to Maldives (15.87% in the 4th quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 2.18% of US total exports to Maldives (1.45% in the 4th quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.82% of US total exports to Maldives (1.70% in the 4th quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 1.77% of US total exports to Maldives (1.25% in the 4th quarter of 2016).

The largest gains in US exports to Maldives 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 $1,265.2 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 $879.5 thousand;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - an increase of $531.1 thousand;
  • Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard (HS code 47) - an increase of $155.1 thousand;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $129.9 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $109.6 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $94.1 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $65.4 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) - an increase of $58.0 thousand;
  • Miscellaneous chemical products (HS code 38) - an increase of $47.6 thousand;
  • Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof (HS code 56) - an increase of $46.8 thousand;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - an increase of $34.6 thousand.

The largest declines in US exports to Maldives in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Articles of iron or steel (HS code 73) - a decrease of $911.2 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $558.0 thousand;
  • 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 $244.1 thousand;
  • Aluminum and articles thereof (HS code 76) - a decrease of $93.3 thousand;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $87.2 thousand;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - a decrease of $60.6 thousand;
  • Plastics and articles thereof (HS code 39) - a decrease of $43.0 thousand;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $31.5 thousand.
US exports to Maldives 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
(%)
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 79.0 0.80 59.931.74
08 Edible fruit and nuts; peel of citrus fruit or melons 26.7 0.27 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0.0 0.00 2.6-100.00
17 Sugars and sugar confectionery 0.0 0.00 11.6-100.00
19 Preparations of cereals, flour, starch or milk; bakers’ wares 43.5 0.44 20.7109.81
20 Preparations of vegetables, fruit, nuts or other parts of plants 34.6 0.35 0.0
21 Miscellaneous edible preparations 10.1 0.10 14.0-27.97
22 Beverages, spirits and vinegar 21.2 0.21 13.754.69
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 40.3 0.41 23.174.87
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0.0 0.00 23.4-100.00
29 Organic chemicals 0.0 0.00 4.4-100.00
30 Pharmaceutical products 12.1 0.12 15.6-22.28
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 91.9 0.93 152.5-39.76
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 235.2 2.38 169.938.50
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 101.2 1.03 43.2134.30
38 Miscellaneous chemical products 97.0 0.98 49.396.53
39 Plastics and articles thereof 101.8 1.03 144.8-29.71
40 Rubber and articles thereof 48.9 0.50 22.1120.98
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 10.6 0.11 2.8279.86
44 Wood and articles of wood; wood charcoal 6.4 0.07 93.6-93.12
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 3.3 0.03 0.0
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 155.1 1.57 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 7.0 0.07 7.9-10.71
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 2.7 0.03 4.5-39.31
55 Man-made staple fibers 38.1 0.39 34.410.77
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 52.6 0.53 5.8805.62
61 Articles of apparel and clothing accessories, knitted or crocheted 52.4 0.53 24.9110.65
62 Articles of apparel and clothing accessories, not knitted or crocheted 27.4 0.28 29.0-5.53
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 9.5 0.10 26.4-64.05
65 Headgear and parts thereof 0.0 0.00 12.7-100.00
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 0.0 0.00 10.8-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 129.9 1.32 0.0
69 Ceramic products 4.7 0.05 13.8-65.74
70 Glass and glassware 5.3 0.05 0.0
73 Articles of iron or steel 223.0 2.26 1,134.1-80.34
74 Copper and articles thereof 2.7 0.03 0.0
75 Nickel and articles thereof 2.5 0.03 0.0
76 Aluminum and articles thereof 65.4 0.66 158.6-58.79
81 Other base metals; cermets; articles thereof 0.0 0.00 6.0-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 11.4 0.12 42.9-73.45
83 Miscellaneous articles of base metal 10.6 0.11 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 1,950.9 19.78 1,841.35.95
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 1,922.5 19.49 1,043.184.32
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 74.4 0.75 632.4-88.23
88 Aircraft, spacecraft, and parts thereof 2,926.3 29.67 1,661.276.16
89 Ships, boats and floating structures 173.7 1.76 179.6-3.32
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 281.3 2.85 187.250.28
91 Clocks and watches and parts thereof 0.0 0.00 24.8-100.00
92 Musical instruments; parts and accessories of such articles 0.0 0.00 17.1-100.00
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 22.3 0.23 266.4-91.61
95 Toys, games and sports requisites; parts and accessories thereof 547.3 5.55 16.23,288.13
96 Miscellaneous manufactured articles 3.9 0.04 0.0
97 Works of art, collectors’ pieces and antiques 4.5 0.05 0.0
99 Commodities not specified according to kind 192.3 1.95 207.5-7.29

US Imports from Maldives

The major share of US imports from Maldives 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) - 97.78% of US total imports from Maldives (97.37% in the 4th quarter of 2016).

The largest gains in US imports from Maldives 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) - an increase of $1,178.9 thousand;
  • Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates (HS code 16) - an increase of $174.5 thousand.

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

  • Commodities not specified according to kind (HS code 99) - a decrease of $42.5 thousand.
US imports from Maldives 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 11,233.4 96.29 10,054.511.73
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 174.5 1.50 0.0
70 Glass and glassware 11.9 0.10 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 25.0 0.21 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 19.0 0.16 33.3-42.90
97 Works of art, collectors’ pieces and antiques 7.5 0.06 0.0
99 Commodities not specified according to kind 195.2 1.67 237.8-17.89
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce