US trade (export - import) with Marshall Islands in 2017

Published or Updated: Apr 11, 2018

The report on US foreign trade in goods with Marshall Islands in 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Marshall Islands

In 2017, US trade with Marshall Islands totaled $612.6 million, up 59.98% ($229.7 million) from 2016.

US exports to Marshall Islands in 2017 totaled $574.3 million, up 70.68% ($237.8 million) from 2016.

US imports from Marshall Islands in 2017 were $38.3 million, down 17.58% ($8.2 million) from 2016.

US trade surplus with Marshall Islands in 2017 was $536.0 million, a 84.80% increase ($246.0 million) over 2016.

Marshall Islands was the US 107th largest trading partner in 2017 (up from 119th in 2016), accounting for 0.0155% of US total trade (up from 0.0103% in 2016).

Marshall Islands was the US 89th largest export market in 2017 (up from 102nd in 2016), accounting for 0.0371% of US total exports (up from 0.0232% in 2016).

Marshall Islands was the US 148th largest supplier in 2017 (down from 141st in 2016), accounting for 0.0016% of US total imports (down from 0.0021% in 2016).

US Exports to Marshall Islands

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

  • Machinery, equipment and vehicles (HS codes 84-90) - 68.74% of US total exports to Marshall Islands (46.19% in 2016);
  • Metals and products from them (HS codes 72-83) - 7.02% of US total exports to Marshall Islands (11.21% in 2016);
  • Mineral products (HS codes 25-27) - 5.95% of US total exports to Marshall Islands (24.30% in 2016);
  • Chemical products (HS codes 28-40) - 3.82% of US total exports to Marshall Islands (1.25% in 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 2.81% of US total exports to Marshall Islands (4.45% in 2016).

The largest gains in US exports to Marshall Islands in 2017 over 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 $204,805.7 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $32,370.0 thousand;
  • Commodities not specified according to kind (HS code 99) - an increase of $25,634.1 thousand;
  • Salt; sulfur; earths and stone; plastering materials, lime and cement (HS code 25) - an increase of $6,170.5 thousand;
  • Miscellaneous chemical products (HS code 38) - an increase of $5,807.6 thousand;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - an increase of $5,022.5 thousand;
  • Plastics and articles thereof (HS code 39) - an increase of $4,460.4 thousand;
  • Articles of iron or steel (HS code 73) - an increase of $3,760.8 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $2,944.1 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $2,224.6 thousand;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - an increase of $1,822.5 thousand.

The largest declines in US exports to Marshall Islands in 2017 over 2016 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 $53,744.9 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $2,394.6 thousand;
  • Iron and steel (HS code 72) - a decrease of $2,011.5 thousand.
US exports to Marshall Islands in 2017 by product groups
HS
code
Name of product group Value
of exports
in 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2016
(USD thousand)
Change
in 2017
over 2016
(%)
02 Meat and edible meat offal 3,504.5 0.61 2,936.519.34
03 Fish and crustaceans, molluscs and other aquatic invertebrates 164.7 0.03 75.3118.62
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 297.9 0.05 352.9-15.58
05 Products of animal origin, not elsewhere specified or included 30.0 0.01 32.2-6.83
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 0.0 0.00 5.0-100.00
07 Edible vegetables and certain roots and tubers 2.7 0.00 7.1-61.56
09 Coffee, tea, maté and spices 79.0 0.01 73.77.09
10 Cereals 325.6 0.06 214.351.94
11 Products of the milling industry; malt; starches; inulin; wheat gluten 84.3 0.01 70.819.14
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 6.4 0.00 4.542.57
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 192.2 0.03 202.6-5.11
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 863.3 0.15 842.42.47
17 Sugars and sugar confectionery 61.7 0.01 33.285.72
18 Cocoa and cocoa preparations 125.5 0.02 89.540.19
19 Preparations of cereals, flour, starch or milk; bakers’ wares 4,377.7 0.76 4,086.47.13
20 Preparations of vegetables, fruit, nuts or other parts of plants 75.7 0.01 110.5-31.52
21 Miscellaneous edible preparations 3,517.6 0.61 3,918.7-10.24
22 Beverages, spirits and vinegar 1,112.7 0.19 1,365.1-18.49
24 Tobacco and manufactured tobacco substitutes 1,341.3 0.23 552.7142.67
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 12,170.0 2.12 5,999.5102.85
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 22,007.7 3.83 75,752.6-70.95
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 6,802.3 1.18 1,779.8282.20
29 Organic chemicals 104.9 0.02 2.73,732.10
30 Pharmaceutical products 112.2 0.02 229.1-51.02
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 2,400.5 0.42 577.9315.35
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0.0 0.00 2.7-100.00
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 159.8 0.03 163.1-2.02
35 Albuminoidal substances; modified starches; glues; enzymes 0.0 0.00 52.4-100.00
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 240.3 0.04 0.0
37 Photographic or cinematographic goods 9.0 0.00 0.0
38 Miscellaneous chemical products 5,939.8 1.03 132.24,392.76
39 Plastics and articles thereof 5,515.0 0.96 1,054.7422.91
40 Rubber and articles thereof 648.3 0.11 202.8219.65
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 57.9 0.01 17.7226.77
44 Wood and articles of wood; wood charcoal 1,186.8 0.21 1,579.4-24.86
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 45.0 0.01 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 601.9 0.10 371.761.92
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 301.9 0.05 777.3-61.16
52 Cotton 3.3 0.00 0.0
54 Man-made filaments 17.5 0.00 12.737.55
55 Man-made staple fibers 21.4 0.00 3.2558.34
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 64.8 0.01 94.4-31.31
57 Carpets and other textile floor coverings 6.6 0.00 12.4-46.76
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 0.0 0.00 3.8-100.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 6.5 0.00 5.616.09
61 Articles of apparel and clothing accessories, knitted or crocheted 185.9 0.03 123.550.57
62 Articles of apparel and clothing accessories, not knitted or crocheted 21.9 0.00 49.6-55.82
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 74.6 0.01 1,433.9-94.79
64 Footwear, gaiters and the like; parts of such articles 98.1 0.02 83.117.98
65 Headgear and parts thereof 0.0 0.00 3.6-100.00
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 2.9 0.00 0.0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 97.9 0.02 363.0-73.03
69 Ceramic products 93.1 0.02 15.8490.21
70 Glass and glassware 244.2 0.04 149.163.87
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 76.1 0.01 4.91,453.44
72 Iron and steel 985.3 0.17 2,996.8-67.12
73 Articles of iron or steel 35,544.7 6.19 31,783.911.83
74 Copper and articles thereof 144.1 0.03 321.1-55.13
76 Aluminum and articles thereof 2,431.8 0.42 1,170.5107.76
79 Zinc and articles thereof 36.9 0.01 147.4-74.95
81 Other base metals; cermets; articles thereof 8.3 0.00 4.681.66
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 856.9 0.15 420.4103.84
83 Miscellaneous articles of base metal 291.6 0.05 887.5-67.14
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 98,204.3 17.10 65,834.449.17
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 227,243.1 39.57 22,437.4912.79
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 59,550.7 10.37 60,169.3-1.03
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 685.1 0.12 3,079.7-77.75
88 Aircraft, spacecraft, and parts thereof 5,988.4 1.04 3,044.396.71
89 Ships, boats and floating structures 200.9 0.03 161.524.35
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 2,904.4 0.51 679.9327.22
91 Clocks and watches and parts thereof 8.8 0.00 6.145.25
92 Musical instruments; parts and accessories of such articles 24.6 0.00 29.3-15.91
93 Arms and ammunition; parts and accessories thereof 3.9 0.00 11.0-64.96
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 1,650.4 0.29 1,124.846.73
95 Toys, games and sports requisites; parts and accessories thereof 229.1 0.04 27.3737.69
96 Miscellaneous manufactured articles 29.7 0.01 6.0395.80
97 Works of art, collectors’ pieces and antiques 57.6 0.01 0.0
99 Commodities not specified according to kind 61,746.5 10.75 36,112.470.98

US Imports from Marshall Islands

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

  • Food products and agricultural raw materials (HS codes 01-24) - 20.27% of US total imports from Marshall Islands (17.88% in 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 3.00% of US total imports from Marshall Islands (2.67% in 2016);
  • Chemical products (HS codes 28-40) - 1.62% of US total imports from Marshall Islands (2.10% in 2016).

The largest gains in US imports from Marshall Islands in 2017 over 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 $319.1 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 $117.6 thousand.

The largest declines in US imports from Marshall Islands in 2017 over the 2016 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - a decrease of $7,261.3 thousand;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $574.0 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $522.6 thousand;
  • Organic chemicals (HS code 29) - a decrease of $475.5 thousand.
US imports from Marshall Islands in 2017 by product groups
HS
code
Name of product group Value
of imports
in 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2016
USD thousand)
Change
in 2017
over 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 7,574.3 19.80 8,148.3-7.04
05 Products of animal origin, not elsewhere specified or included 150.7 0.39 151.0-0.19
20 Preparations of vegetables, fruit, nuts or other parts of plants 29.4 0.08 0.0
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 0.0 0.00 10.3-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 75.2 0.20 15.4389.18
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 98.0 0.26 87.312.26
29 Organic chemicals 0.0 0.00 475.5-100.00
39 Plastics and articles thereof 520.0 1.36 413.525.75
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 9.9-100.00
55 Man-made staple fibers 12.8 0.03 0.0
60 Knitted or crocheted fabrics 4.6 0.01 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 5.1 0.01 4.028.28
62 Articles of apparel and clothing accessories, not knitted or crocheted 0.0 0.00 78.7-100.00
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 254.4 0.66 284.9-10.73
65 Headgear and parts thereof 0.0 0.00 5.4-100.00
69 Ceramic products 7.4 0.02 0.0
73 Articles of iron or steel 0.0 0.00 2.1-100.00
81 Other base metals; cermets; articles thereof 38.5 0.10 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 0.0 0.00 5.1-100.00
83 Miscellaneous articles of base metal 0.0 0.00 4.1-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 225.7 0.59 748.2-69.84
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 809.5 2.12 490.365.09
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 113.7 0.30 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 0.0 0.00 2.7-100.00
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 117.6 0.31 0.0
99 Commodities not specified according to kind 28,221.5 73.77 35,482.7-20.46
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce