US trade (export - import) with Turks and Caicos Islands in 2015

Published or Updated: Feb 18, 2017

The report on US foreign trade in goods with Turks and Caicos Islands in 2015: exports, imports, balance, product types and groups, dynamics.

US Trade with Turks and Caicos Islands

In 2015, US trade with Turks and Caicos Islands totaled $294.6 million, up 1.38% ($4.0 million) from 2014.

US exports to Turks and Caicos Islands in 2015 were $279.6 million, down 0.82% ($2.3 million) from 2014.

US imports from Turks and Caicos Islands in 2015 totaled $15.0 million, up 73.11% ($6.3 million) from 2014.

US trade surplus with Turks and Caicos Islands in 2015 was $264.6 million, a 3.16% decrease ($8.6 million) over 2014.

Turks and Caicos Islands was the US 128th largest trading partner in 2015 (up from 134th in 2014), accounting for 0.0077% of US total trade (up from 0.0072% in 2014).

Turks and Caicos Islands was the US 113th largest export market in 2015 (up from 125th in 2014), accounting for 0.0186% of US total exports (up from 0.0174% in 2014).

Turks and Caicos Islands was the US 164th largest supplier in 2015 (up from 170th in 2014), accounting for 0.0006% of US total imports (up from 0.0004% in 2014).

US Exports to Turks and Caicos Islands

The major share of US exports to Turks and Caicos Islands in 2015 (and in 2014) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 15.04% of US total exports to Turks and Caicos Islands (13.82% in 2014);
  • Food products and agricultural raw materials (HS codes 01-24) - 11.53% of US total exports to Turks and Caicos Islands (10.69% in 2014);
  • Mineral products (HS codes 25-27) - 11.27% of US total exports to Turks and Caicos Islands (15.09% in 2014);
  • Chemical products (HS codes 28-40) - 4.15% of US total exports to Turks and Caicos Islands (3.64% in 2014);
  • Metals and products from them (HS codes 72-83) - 3.80% of US total exports to Turks and Caicos Islands (4.79% in 2014);
  • Wood and wood products (HS codes 44-49) - 3.39% of US total exports to Turks and Caicos Islands (2.78% in 2014);
  • Precious metals and stones (HS code 71) - 1.86% of US total exports to Turks and Caicos Islands (1.35% in 2014);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.47% of US total exports to Turks and Caicos Islands (1.24% in 2014).

The largest gains in US exports to Turks and Caicos Islands in 2015 over 2014 were recorded for the following product groups:

  • 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 $2.3 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $1.8 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $1.5 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) - an increase of $1.4 million;
  • Ships, boats and floating structures (HS code 89) - an increase of $1.2 million.

The largest declines in US exports to Turks and Caicos Islands in 2015 over 2014 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 $11.0 million;
  • Articles of iron or steel (HS code 73) - a decrease of $2.1 million;
  • Commodities not specified according to kind (HS code 99) - a decrease of $1.5 million.
US exports to Turks and Caicos Islands in 2015 by product groups
HS
code
Name of product group Value
of exports
in 2015
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2014
(USD thousand)
Change
in 2015
over 2014
(%)
02 Meat and edible meat offal 9,747.9 3.49 9,079.97.36
03 Fish and crustaceans, molluscs and other aquatic invertebrates 1,978.7 0.71 1,536.928.75
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 2,171.5 0.78 1,994.88.86
05 Products of animal origin, not elsewhere specified or included 62.5 0.02 28.0123.39
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 1,281.2 0.46 970.831.97
07 Edible vegetables and certain roots and tubers 857.7 0.31 783.59.47
08 Edible fruit and nuts; peel of citrus fruit or melons 902.9 0.32 1,076.4-16.12
09 Coffee, tea, maté and spices 91.3 0.03 113.6-19.65
10 Cereals 839.3 0.30 841.9-0.31
11 Products of the milling industry; malt; starches; inulin; wheat gluten 250.1 0.09 338.4-26.09
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 15.1 0.01 22.7-33.45
13 Lac; gums, resins and other vegetable saps and extracts 19.8 0.01 0.0
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 2.7 0.00 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 292.2 0.10 261.511.74
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 498.4 0.18 694.0-28.18
17 Sugars and sugar confectionery 392.8 0.14 410.1-4.22
18 Cocoa and cocoa preparations 192.6 0.07 141.735.90
19 Preparations of cereals, flour, starch or milk; bakers’ wares 1,854.7 0.66 1,544.020.13
20 Preparations of vegetables, fruit, nuts or other parts of plants 2,322.7 0.83 2,085.011.40
21 Miscellaneous edible preparations 878.2 0.31 523.167.87
22 Beverages, spirits and vinegar 7,088.3 2.54 7,211.0-1.70
23 Residues and waste from the food industries; prepared animal feed 267.3 0.10 297.5-10.14
24 Tobacco and manufactured tobacco substitutes 223.7 0.08 186.020.24
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 1,551.4 0.55 1,578.0-1.68
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 29,946.6 10.71 40,948.5-26.87
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 353.4 0.13 333.95.84
29 Organic chemicals 116.2 0.04 243.8-52.35
30 Pharmaceutical products 470.9 0.17 460.72.21
31 Fertilizers 210.7 0.08 176.119.62
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 1,363.4 0.49 1,215.112.21
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 2,070.1 0.74 1,790.015.65
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 1,081.1 0.39 1,125.3-3.93
35 Albuminoidal substances; modified starches; glues; enzymes 15.8 0.01 21.3-25.81
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 96.4 0.03 35.4172.62
37 Photographic or cinematographic goods 22.0 0.01 0.0
38 Miscellaneous chemical products 848.8 0.30 677.425.30
39 Plastics and articles thereof 4,008.5 1.43 3,330.620.35
40 Rubber and articles thereof 938.4 0.34 845.311.01
41 Raw hides and skins (other than furskins) and leather 4.9 0.00 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 339.0 0.12 220.953.45
43 Furskins and artificial fur; manufactures thereof 11.6 0.00 25.6-54.79
44 Wood and articles of wood; wood charcoal 7,636.9 2.73 6,165.023.88
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 36.3 0.01 3.9825.30
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 1,223.7 0.44 1,018.920.11
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 574.9 0.21 655.2-12.26
52 Cotton 23.6 0.01 11.998.39
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 15.8 0.01 0.0
54 Man-made filaments 10.4 0.00 24.2-57.06
55 Man-made staple fibers 10.9 0.00 42.3-74.28
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 77.6 0.03 41.587.04
57 Carpets and other textile floor coverings 388.1 0.14 163.4137.44
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 2.6 0.00 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 31.5 0.01 16.986.46
60 Knitted or crocheted fabrics 137.2 0.05 73.586.77
61 Articles of apparel and clothing accessories, knitted or crocheted 504.9 0.18 832.1-39.32
62 Articles of apparel and clothing accessories, not knitted or crocheted 300.2 0.11 121.7146.67
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 1,858.7 0.66 1,562.918.92
64 Footwear, gaiters and the like; parts of such articles 288.8 0.10 247.516.69
65 Headgear and parts thereof 130.5 0.05 38.8236.28
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 243.6 0.09 223.39.12
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 77.4 0.03 84.8-8.68
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 1,959.0 0.70 1,667.017.51
69 Ceramic products 481.2 0.17 502.4-4.21
70 Glass and glassware 1,267.4 0.45 968.130.91
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 5,191.5 1.86 3,816.936.01
72 Iron and steel 1,676.9 0.60 2,432.6-31.07
73 Articles of iron or steel 2,911.8 1.04 4,967.5-41.38
74 Copper and articles thereof 1,726.2 0.62 1,377.325.33
75 Nickel and articles thereof 6.7 0.00 25.0-73.09
76 Aluminum and articles thereof 2,251.3 0.81 3,062.3-26.48
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 96.2 0.03 122.9-21.72
83 Miscellaneous articles of base metal 1,968.9 0.70 1,508.730.51
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 13,186.1 4.72 12,715.43.70
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 11,040.3 3.95 11,056.0-0.14
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 34.6 0.01 18.191.08
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 10,575.9 3.78 8,766.820.64
88 Aircraft, spacecraft, and parts thereof 515.8 0.18 518.6-0.54
89 Ships, boats and floating structures 4,102.1 1.47 2,921.540.41
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 2,593.8 0.93 2,971.6-12.71
91 Clocks and watches and parts thereof 1,797.2 0.64 1,989.4-9.66
92 Musical instruments; parts and accessories of such articles 26.0 0.01 73.8-64.85
93 Arms and ammunition; parts and accessories thereof 30.6 0.01 20.847.18
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 8,729.5 3.12 6,463.235.06
95 Toys, games and sports requisites; parts and accessories thereof 1,303.5 0.47 1,249.34.34
96 Miscellaneous manufactured articles 346.3 0.12 214.261.67
97 Works of art, collectors’ pieces and antiques 94.2 0.03 24.2288.76
99 Commodities not specified according to kind 116,418.1 41.64 117,944.0-1.29

US Imports from Turks and Caicos Islands

The major share of US imports from Turks and Caicos Islands in 2015 (and in 2014) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 26.42% of US total imports from Turks and Caicos Islands (46.69% in 2014);
  • Machinery, equipment and vehicles (HS codes 84-90) - 2.46% of US total imports from Turks and Caicos Islands (1.50% in 2014);
  • Metals and products from them (HS codes 72-83) - 1.98% of US total imports from Turks and Caicos Islands (3.85% in 2014);
  • Wood and wood products (HS codes 44-49) - 1.58% of US total imports from Turks and Caicos Islands (0.39% in 2014).

The largest gains in US imports from Turks and Caicos Islands in 2015 over 2014 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - an increase of $6.0 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $0.3 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $0.2 million;
  • Copper and articles thereof (HS code 74) - an increase of $0.0 million.

The largest declines in US imports from Turks and Caicos Islands in 2015 over the 2014 were recorded for the following product groups:

  • Aluminum and articles thereof (HS code 76) - a decrease of $0.1 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $0.1 million.
US imports from Turks and Caicos Islands in 2015 by product groups
HS
code
Name of product group Value
of imports
in 2015
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2014
USD thousand)
Change
in 2015
over 2014
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 3,944.1 26.33 3,984.8-1.02
05 Products of animal origin, not elsewhere specified or included 13.6 0.09 52.8-74.24
21 Miscellaneous edible preparations 0.0 0.00 3.2-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 0.0 0.00 15.9-100.00
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 4.5 0.03 19.2-76.36
44 Wood and articles of wood; wood charcoal 236.7 1.58 34.1594.90
60 Knitted or crocheted fabrics 0.0 0.00 4.6-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 15.4 0.10 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 0.5 0.00 0.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0.3 0.00 0.0
64 Footwear, gaiters and the like; parts of such articles 5.6 0.04 0.0
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 0.6 0.00 0.454.52
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 58.6 0.39 72.2-18.85
72 Iron and steel 40.1 0.27 18.5116.76
73 Articles of iron or steel 8.7 0.06 6.925.01
74 Copper and articles thereof 59.0 0.39 11.3423.79
76 Aluminum and articles thereof 189.0 1.26 289.1-34.62
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 0.0 0.00 7.2-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 304.6 2.03 12.02,439.54
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 50.7 0.34 40.126.37
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0.0 0.00 67.1-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 13.6 0.09 10.628.48
91 Clocks and watches and parts thereof 9.1 0.06 7.522.81
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 0.5 0.00 23.7-97.89
96 Miscellaneous manufactured articles 15.5 0.10 0.0
97 Works of art, collectors’ pieces and antiques 29.3 0.20 34.2-14.35
99 Commodities not specified according to kind 9,982.2 66.63 3,939.5153.39
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce