US trade (export - import) with Turks and Caicos Islands in 2014

Published or Updated: Feb 08, 2017

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

US Trade with Turks and Caicos Islands

In 2014, US trade with Turks and Caicos Islands totaled $290.5 million, up 22.76% ($53.9 million) from 2013.

US exports to Turks and Caicos Islands in 2014 totaled $281.9 million, up 24.85% ($56.1 million) from 2013.

US imports from Turks and Caicos Islands in 2014 were $8.7 million, down 20.54% ($2.2 million) from 2013.

US trade surplus with Turks and Caicos Islands in 2014 was $273.2 million, a 27.15% increase ($58.3 million) over 2013.

Turks and Caicos Islands was the US 134th largest trading partner in 2014 (up from 142nd in 2013), accounting for 0.0072% of US total trade (up from 0.0061% in 2013).

Turks and Caicos Islands was the US 125th largest export market in 2014 (up from 130th in 2013), accounting for 0.0174% of US total exports (up from 0.0143% in 2013).

Turks and Caicos Islands was the US 170th largest supplier in 2014 (down from 164th in 2013), accounting for 0.0004% of US total imports (down from 0.0005% in 2013).

US Exports to Turks and Caicos Islands

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

  • Mineral products (HS codes 25-27) - 15.09% of US total exports to Turks and Caicos Islands (14.20% in 2013);
  • Machinery, equipment and vehicles (HS codes 84-90) - 13.82% of US total exports to Turks and Caicos Islands (15.49% in 2013);
  • Food products and agricultural raw materials (HS codes 01-24) - 10.69% of US total exports to Turks and Caicos Islands (11.12% in 2013);
  • Metals and products from them (HS codes 72-83) - 4.79% of US total exports to Turks and Caicos Islands (2.93% in 2013);
  • Chemical products (HS codes 28-40) - 3.64% of US total exports to Turks and Caicos Islands (3.53% in 2013);
  • Wood and wood products (HS codes 44-49) - 2.78% of US total exports to Turks and Caicos Islands (2.59% in 2013);
  • Precious metals and stones (HS code 71) - 1.35% of US total exports to Turks and Caicos Islands (1.49% in 2013);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.24% of US total exports to Turks and Caicos Islands (1.49% in 2013).

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

  • Commodities not specified according to kind (HS code 99) - an increase of $22.1 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $9.7 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $2.3 million;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $2.2 million;
  • Articles of iron or steel (HS code 73) - an increase of $2.1 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $1.7 million;
  • Ships, boats and floating structures (HS code 89) - an increase of $1.5 million;
  • Aluminum and articles thereof (HS code 76) - an increase of $1.4 million;
  • Plastics and articles thereof (HS code 39) - an increase of $1.4 million;
  • Iron and steel (HS code 72) - an increase of $1.4 million;
  • Miscellaneous articles of base metal (HS code 83) - an increase of $1.2 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $0.9 million;
  • Clocks and watches and parts thereof (HS code 91) - an increase of $0.9 million.

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

  • No product groups with a substantial decrease.
US exports to Turks and Caicos 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 9,079.9 3.22 8,289.19.54
03 Fish and crustaceans, molluscs and other aquatic invertebrates 1,536.9 0.55 887.673.14
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 1,994.8 0.71 1,277.356.18
05 Products of animal origin, not elsewhere specified or included 28.0 0.01 69.5-59.73
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 970.8 0.34 995.2-2.45
07 Edible vegetables and certain roots and tubers 783.5 0.28 586.533.59
08 Edible fruit and nuts; peel of citrus fruit or melons 1,076.4 0.38 734.546.55
09 Coffee, tea, maté and spices 113.6 0.04 110.52.83
10 Cereals 841.9 0.30 906.6-7.14
11 Products of the milling industry; malt; starches; inulin; wheat gluten 338.4 0.12 217.655.57
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 22.7 0.01 77.6-70.77
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 0.0 0.00 26.1-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 261.5 0.09 306.7-14.74
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 694.0 0.25 803.4-13.61
17 Sugars and sugar confectionery 410.1 0.15 353.416.04
18 Cocoa and cocoa preparations 141.7 0.05 74.091.52
19 Preparations of cereals, flour, starch or milk; bakers’ wares 1,544.0 0.55 1,366.412.99
20 Preparations of vegetables, fruit, nuts or other parts of plants 2,085.0 0.74 1,727.520.70
21 Miscellaneous edible preparations 523.1 0.19 458.414.12
22 Beverages, spirits and vinegar 7,211.0 2.56 5,037.643.14
23 Residues and waste from the food industries; prepared animal feed 297.5 0.11 624.1-52.33
24 Tobacco and manufactured tobacco substitutes 186.0 0.07 172.97.60
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 1,578.0 0.56 867.082.01
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 40,948.5 14.53 31,204.331.23
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 333.9 0.12 300.411.16
29 Organic chemicals 243.8 0.09 187.529.98
30 Pharmaceutical products 460.7 0.16 386.319.26
31 Fertilizers 176.1 0.06 238.7-26.21
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 1,215.1 0.43 904.434.35
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 1,790.0 0.63 1,684.66.26
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 1,125.3 0.40 949.718.49
35 Albuminoidal substances; modified starches; glues; enzymes 21.3 0.01 9.0137.27
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 35.4 0.01 36.5-3.04
37 Photographic or cinematographic goods 0.0 0.00 21.2-100.00
38 Miscellaneous chemical products 677.4 0.24 637.16.31
39 Plastics and articles thereof 3,330.6 1.18 1,961.469.81
40 Rubber and articles thereof 845.3 0.30 662.727.57
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 220.9 0.08 225.5-2.02
43 Furskins and artificial fur; manufactures thereof 25.6 0.01 11.2128.11
44 Wood and articles of wood; wood charcoal 6,165.0 2.19 4,448.838.58
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 3.9 0.00 0.0
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 0.0 0.00 3.0-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 1,018.9 0.36 825.823.38
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 655.2 0.23 575.413.88
52 Cotton 11.9 0.00 0.0
54 Man-made filaments 24.2 0.01 13.579.98
55 Man-made staple fibers 42.3 0.02 14.3196.64
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 41.5 0.01 72.2-42.49
57 Carpets and other textile floor coverings 163.4 0.06 74.5119.52
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 0.0 0.00 2.7-100.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 16.9 0.01 28.1-39.82
60 Knitted or crocheted fabrics 73.5 0.03 25.7186.20
61 Articles of apparel and clothing accessories, knitted or crocheted 832.1 0.30 626.432.84
62 Articles of apparel and clothing accessories, not knitted or crocheted 121.7 0.04 300.4-59.48
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 1,562.9 0.55 1,697.6-7.94
64 Footwear, gaiters and the like; parts of such articles 247.5 0.09 130.889.14
65 Headgear and parts thereof 38.8 0.01 37.92.26
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 223.3 0.08 210.56.06
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 84.8 0.03 131.4-35.45
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 1,667.0 0.59 1,061.457.06
69 Ceramic products 502.4 0.18 451.211.35
70 Glass and glassware 968.1 0.34 731.232.41
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 3,816.9 1.35 3,367.413.35
72 Iron and steel 2,432.6 0.86 1,072.6126.80
73 Articles of iron or steel 4,967.5 1.76 2,845.274.59
74 Copper and articles thereof 1,377.3 0.49 600.5129.35
75 Nickel and articles thereof 25.0 0.01 0.0
76 Aluminum and articles thereof 3,062.3 1.09 1,642.786.42
79 Zinc and articles thereof 0.0 0.00 24.9-100.00
80 Tin and articles thereof 0.0 0.00 5.2-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 122.9 0.04 97.825.69
83 Miscellaneous articles of base metal 1,508.7 0.54 317.1375.72
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 12,715.4 4.51 11,788.57.86
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 11,056.0 3.92 11,631.4-4.95
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 18.1 0.01 9.296.68
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 8,766.8 3.11 6,433.736.26
88 Aircraft, spacecraft, and parts thereof 518.6 0.18 330.456.95
89 Ships, boats and floating structures 2,921.5 1.04 1,392.1109.86
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 2,971.6 1.05 3,398.5-12.56
91 Clocks and watches and parts thereof 1,989.4 0.71 1,092.682.09
92 Musical instruments; parts and accessories of such articles 73.8 0.03 85.3-13.40
93 Arms and ammunition; parts and accessories thereof 20.8 0.01 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 6,463.2 2.29 5,680.213.79
95 Toys, games and sports requisites; parts and accessories thereof 1,249.3 0.44 784.859.19
96 Miscellaneous manufactured articles 214.2 0.08 423.5-49.43
97 Works of art, collectors’ pieces and antiques 24.2 0.01 22.86.29
99 Commodities not specified according to kind 117,944.0 41.84 95,890.623.00

US Imports from Turks and Caicos Islands

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

  • Food products and agricultural raw materials (HS codes 01-24) - 46.69% of US total imports from Turks and Caicos Islands (29.61% in 2013);
  • Metals and products from them (HS codes 72-83) - 3.85% of US total imports from Turks and Caicos Islands (2.59% in 2013);
  • Machinery, equipment and vehicles (HS codes 84-90) - 1.50% of US total imports from Turks and Caicos Islands (1.44% in 2013);
  • Precious metals and stones (HS code 71) - 0.83% of US total imports from Turks and Caicos Islands (3.86% in 2013);
  • Wood and wood products (HS codes 44-49) - 0.39% of US total imports from Turks and Caicos Islands (1.34% in 2013).

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

  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $0.8 million;
  • Aluminum and articles thereof (HS code 76) - an increase of $0.1 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $0.1 million.

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

  • Commodities not specified according to kind (HS code 99) - a decrease of $2.6 million;
  • 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 $0.3 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $0.1 million;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $0.1 million;
  • Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard (HS code 47) - a decrease of $0.1 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $0.1 million;
  • Copper and articles thereof (HS code 74) - a decrease of $0.0 million.
US imports from Turks and Caicos 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 3,984.8 46.04 3,135.427.09
05 Products of animal origin, not elsewhere specified or included 52.8 0.61 71.5-26.09
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 0.0 0.00 18.6-100.00
21 Miscellaneous edible preparations 3.2 0.04 0.0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 15.9 0.18 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 19.2 0.22 1.21,558.56
44 Wood and articles of wood; wood charcoal 34.1 0.39 85.6-60.22
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 0.0 0.00 60.0-100.00
60 Knitted or crocheted fabrics 4.6 0.05 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 0.0 0.00 1.2-100.00
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0.0 0.00 5.3-100.00
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 0.4 0.00 0.0
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 72.2 0.83 419.9-82.82
72 Iron and steel 18.5 0.21 37.8-51.12
73 Articles of iron or steel 6.9 0.08 12.3-43.79
74 Copper and articles thereof 11.3 0.13 54.5-79.32
76 Aluminum and articles thereof 289.1 3.34 172.667.48
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 7.2 0.08 5.433.65
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 12.0 0.14 124.7-90.38
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 40.1 0.46 32.423.89
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 67.1 0.78 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 10.6 0.12 0.0
91 Clocks and watches and parts thereof 7.5 0.09 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 23.7 0.27 1.31,726.85
97 Works of art, collectors’ pieces and antiques 34.2 0.39 108.1-68.40
99 Commodities not specified according to kind 3,939.5 45.52 6,543.9-39.80
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce