US trade (export - import) with Marshall Islands in 2014

Published or Updated: Feb 08, 2017

The report on US foreign trade in goods with Marshall Islands in 2014: exports, imports, balance, product types and groups, dynamics.

US Trade with Marshall Islands

In 2014, US trade with Marshall Islands totaled $112.5 million, up 31.41% ($26.9 million) from 2013.

US exports to Marshall Islands in 2014 totaled $94.7 million, up 44.66% ($29.2 million) from 2013.

US imports from Marshall Islands in 2014 were $17.8 million, down 11.70% ($2.4 million) from 2013.

US trade surplus with Marshall Islands in 2014 was $76.9 million, a 69.68% increase ($31.6 million) over 2013.

Marshall Islands was the US 163rd largest trading partner in 2014 (up from 166th in 2013), accounting for 0.0028% of US total trade (up from 0.0022% in 2013).

Marshall Islands was the US 145th largest export market in 2014 (up from 159th in 2013), accounting for 0.0058% of US total exports (up from 0.0042% in 2013).

Marshall Islands was the US 158th largest supplier in 2014 (down from 155th in 2013), accounting for 0.0007% of US total imports (down from 0.0009% in 2013).

US Exports to Marshall Islands

The major share of US exports to Marshall Islands in 2014 (and in 2013) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 65.80% of US total exports to Marshall Islands (16.35% in 2013);
  • Food products and agricultural raw materials (HS codes 01-24) - 16.15% of US total exports to Marshall Islands (20.96% in 2013);
  • Wood and wood products (HS codes 44-49) - 2.86% of US total exports to Marshall Islands (3.31% in 2013);
  • Metals and products from them (HS codes 72-83) - 1.44% of US total exports to Marshall Islands (4.35% in 2013);
  • Chemical products (HS codes 28-40) - 1.09% of US total exports to Marshall Islands (1.86% in 2013);
  • Mineral products (HS codes 25-27) - 0.23% of US total exports to Marshall Islands (38.19% in 2013);
  • Precious metals and stones (HS code 71) - 0.15% of US total exports to Marshall Islands (1.79% in 2013).

The largest gains in US exports to Marshall Islands in 2014 over 2013 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $52,187.3 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) - an increase of $5,908.3 thousand;
  • Preparations of cereals, flour, starch or milk; bakers’ wares (HS code 19) - an increase of $1,351.3 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 $987.5 thousand;
  • Miscellaneous edible preparations (HS code 21) - an increase of $876.4 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $567.8 thousand;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - an increase of $466.5 thousand;
  • Articles of iron or steel (HS code 73) - an increase of $363.2 thousand.

The largest declines in US exports to Marshall Islands in 2014 over 2013 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $24,866.5 thousand;
  • Commodities not specified according to kind (HS code 99) - a decrease of $2,723.5 thousand;
  • Miscellaneous articles of base metal (HS code 83) - a decrease of $1,937.9 thousand;
  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - a decrease of $1,027.4 thousand;
  • Ships, boats and floating structures (HS code 89) - a decrease of $753.2 thousand;
  • Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds (HS code 86) - a decrease of $705.0 thousand;
  • Tobacco and manufactured tobacco substitutes (HS code 24) - a decrease of $479.9 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $449.0 thousand;
  • Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) (HS code 42) - a decrease of $310.0 thousand.
US exports to Marshall Islands in 2014 by product groups
HS
code
Name of product group Value
of exports
in 2014
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2013
(USD thousand)
Change
in 2014
over 2013
(%)
02 Meat and edible meat offal 3,065.2 3.24 3,023.41.38
03 Fish and crustaceans, molluscs and other aquatic invertebrates 235.4 0.25 128.183.84
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 417.9 0.44 329.926.68
07 Edible vegetables and certain roots and tubers 43.5 0.05 3.11,321.06
09 Coffee, tea, maté and spices 12.9 0.01 23.0-43.74
10 Cereals 634.4 0.67 834.1-23.94
11 Products of the milling industry; malt; starches; inulin; wheat gluten 251.6 0.27 306.3-17.85
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 174.3 0.18 205.8-15.30
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 922.0 0.97 975.5-5.49
17 Sugars and sugar confectionery 78.4 0.08 120.3-34.78
18 Cocoa and cocoa preparations 39.1 0.04 55.5-29.60
19 Preparations of cereals, flour, starch or milk; bakers’ wares 3,651.1 3.85 2,299.858.76
20 Preparations of vegetables, fruit, nuts or other parts of plants 21.3 0.02 41.1-48.21
21 Miscellaneous edible preparations 3,878.4 4.09 3,002.029.19
22 Beverages, spirits and vinegar 1,248.8 1.32 1,263.5-1.16
23 Residues and waste from the food industries; prepared animal feed 0.0 0.00 4.0-100.00
24 Tobacco and manufactured tobacco substitutes 626.6 0.66 1,106.6-43.37
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 20.5 0.02 46.6-56.03
26 Ores, slag and ash 106.2 0.11 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 93.6 0.10 24,960.1-99.63
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 5.1 0.01 46.6-89.09
29 Organic chemicals 14.9 0.02 11.628.66
30 Pharmaceutical products 42.7 0.05 167.6-74.54
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 314.5 0.33 260.320.81
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 5.3 0.01 10.7-50.53
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 124.6 0.13 154.9-19.59
35 Albuminoidal substances; modified starches; glues; enzymes 3.4 0.00 3.40.41
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 3.3 0.00 34.1-90.27
38 Miscellaneous chemical products 30.7 0.03 23.431.41
39 Plastics and articles thereof 376.7 0.40 410.1-8.16
40 Rubber and articles thereof 112.5 0.12 94.519.08
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 28.0 0.03 338.0-91.72
44 Wood and articles of wood; wood charcoal 893.1 0.94 894.0-0.10
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 564.2 0.60 488.515.51
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 1,252.4 1.32 785.959.37
54 Man-made filaments 38.4 0.04 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 3.7 0.00 3.022.67
57 Carpets and other textile floor coverings 8.1 0.01 16.8-51.64
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 12.2 0.01 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 83.9 0.09 64.230.65
62 Articles of apparel and clothing accessories, not knitted or crocheted 42.6 0.05 6.6548.48
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 90.2 0.10 17.9405.30
64 Footwear, gaiters and the like; parts of such articles 115.8 0.12 38.0204.86
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 11.9 0.01 16.9-29.52
69 Ceramic products 9.5 0.01 3.8151.79
70 Glass and glassware 0.0 0.00 56.3-100.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 144.0 0.15 1,171.4-87.71
72 Iron and steel 70.2 0.07 31.1125.25
73 Articles of iron or steel 975.7 1.03 612.559.30
74 Copper and articles thereof 4.0 0.00 4.0-1.10
76 Aluminum and articles thereof 154.4 0.16 181.2-14.79
78 Lead and articles thereof 4.0 0.00 0.0
79 Zinc and articles thereof 25.6 0.03 0.0
80 Tin and articles thereof 3.0 0.00 0.0
81 Other base metals; cermets; articles thereof 5.4 0.01 3.362.09
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 43.5 0.05 6.9533.15
83 Miscellaneous articles of base metal 73.6 0.08 2,011.5-96.34
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 2,481.7 2.62 2,930.6-15.32
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 2,481.4 2.62 1,494.066.10
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 0.0 0.00 705.0-100.00
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 725.4 0.77 937.5-22.62
88 Aircraft, spacecraft, and parts thereof 53,234.2 56.20 1,046.94,984.82
89 Ships, boats and floating structures 2,180.6 2.30 2,933.8-25.67
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,222.7 1.29 654.986.69
92 Musical instruments; parts and accessories of such articles 10.8 0.01 14.3-24.37
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 6,658.0 7.03 749.7788.13
95 Toys, games and sports requisites; parts and accessories thereof 89.2 0.09 206.0-56.68
96 Miscellaneous manufactured articles 52.5 0.06 9.9429.24
99 Commodities not specified according to kind 4,374.7 4.62 7,098.1-38.37

US Imports from Marshall Islands

The major share of US imports from Marshall Islands in 2014 (and in 2013) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 77.82% of US total imports from Marshall Islands (87.91% in 2013);
  • Machinery, equipment and vehicles (HS codes 84-90) - 12.03% of US total imports from Marshall Islands (1.93% in 2013).

The largest gains in US imports from Marshall Islands in 2014 over 2013 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $1,441.5 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 $217.3 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $107.8 thousand;
  • Commodities not specified according to kind (HS code 99) - an increase of $90.1 thousand;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $64.6 thousand.

The largest declines in US imports from Marshall Islands in 2014 over the 2013 were recorded for the following product groups:

  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - a decrease of $2,094.1 thousand;
  • Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates (HS code 16) - a decrease of $1,348.2 thousand;
  • Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) (HS code 42) - a decrease of $383.3 thousand;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $368.0 thousand;
  • Products of animal origin, not elsewhere specified or included (HS code 05) - a decrease of $97.0 thousand.
US imports from Marshall Islands in 2014 by product groups
HS
code
Name of product group Value
of imports
in 2014
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2013
USD thousand)
Change
in 2014
over 2013
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 11,361.5 63.91 11,729.4-3.14
05 Products of animal origin, not elsewhere specified or included 121.9 0.69 218.9-44.32
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0.0 0.00 2,094.1-100.00
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 2,305.9 12.97 3,654.1-36.90
21 Miscellaneous edible preparations 43.6 0.25 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 64.6 0.36 0.0
39 Plastics and articles thereof 0.0 0.00 18.7-100.00
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 0.0 0.00 383.3-100.00
44 Wood and articles of wood; wood charcoal 0.0 0.00 16.3-100.00
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 18.2 0.10 0.0
72 Iron and steel 0.0 0.00 42.7-100.00
83 Miscellaneous articles of base metal 5.4 0.03 3.457.94
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 1,478.4 8.32 36.83,912.56
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 548.8 3.09 331.665.54
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 111.3 0.63 3.43,132.04
89 Ships, boats and floating structures 0.0 0.00 16.5-100.00
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 38.1 0.21 2.31,593.78
97 Works of art, collectors’ pieces and antiques 9.3 0.05 0.0
99 Commodities not specified according to kind 1,669.5 9.39 1,579.55.70
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce