US trade with Turks and Caicos Islands in the 3rd quarter of 2017

Published or Updated: Mar 28, 2018

The report on US foreign trade in goods with Turks and Caicos Islands in the 3rd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Turks and Caicos Islands

In the 3rd quarter of 2017, US trade with Turks and Caicos Islands totaled $85.4 million, up 9.58% ($7.5 million) from the 3rd quarter of 2016.

US exports to Turks and Caicos Islands in the 3rd quarter of 2017 totaled $84.1 million, up 10.50% ($8.0 million) from the 3rd quarter of 2016.

US imports from Turks and Caicos Islands in the 3rd quarter of 2017 were $1.3 million, down 28.32% ($0.5 million) from the 3rd quarter of 2016.

US trade surplus with Turks and Caicos Islands in the 3rd quarter of 2017 was $82.7 million, a 11.47% increase ($8.5 million) over the 3rd quarter of 2016.

Turks and Caicos Islands was the US 128th largest trading partner in the 3rd quarter of 2017 (up from 130th in the 3rd quarter of 2016), accounting for 0.0087% of US total trade (down from 0.0095% in the 3rd quarter of 2016).

Turks and Caicos Islands was the US 107th largest export market in the 3rd quarter of 2017 (up from 110th in the 3rd quarter of 2016), accounting for 0.0220% of US total exports (just as in the 3rd quarter of 2016).

Turks and Caicos Islands was the US 175th largest supplier in the 3rd quarter of 2017 (down from 171st in the 3rd quarter of 2016), accounting for 0.0002% of US total imports (down from 0.0004% in the 3rd quarter of 2016).

US Exports to Turks and Caicos Islands

The major share of US exports to Turks and Caicos Islands in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 19.42% of US total exports to Turks and Caicos Islands (16.77% in the 3rd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 10.96% of US total exports to Turks and Caicos Islands (10.82% in the 3rd quarter of 2016);
  • Mineral products (HS codes 25-27) - 7.13% of US total exports to Turks and Caicos Islands (8.48% in the 3rd quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 4.54% of US total exports to Turks and Caicos Islands (3.83% in the 3rd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 3.88% of US total exports to Turks and Caicos Islands (4.80% in the 3rd quarter of 2016);
  • Precious metals and stones (HS code 71) - 3.55% of US total exports to Turks and Caicos Islands (1.40% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 3.09% of US total exports to Turks and Caicos Islands (4.25% in the 3rd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.01% of US total exports to Turks and Caicos Islands (1.61% in the 3rd quarter of 2016).

The largest gains in US exports to Turks and Caicos Islands in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $3.7 million;
  • Ships, boats and floating structures (HS code 89) - an increase of $2.1 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 $1.9 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $1.0 million;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $0.5 million;
  • Articles of iron or steel (HS code 73) - an increase of $0.4 million;
  • Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage (HS code 06) - an increase of $0.4 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $0.4 million;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $0.3 million.

The largest declines in US exports to Turks and Caicos Islands in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $2.7 million;
  • 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 $1.1 million;
  • Salt; sulfur; earths and stone; plastering materials, lime and cement (HS code 25) - a decrease of $0.6 million;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - a decrease of $0.4 million;
  • Aluminum and articles thereof (HS code 76) - a decrease of $0.4 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $0.3 million.
US exports to Turks and Caicos Islands in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q3 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
02 Meat and edible meat offal 2,479.7 2.95 2,670.8-7.16
03 Fish and crustaceans, molluscs and other aquatic invertebrates 622.1 0.74 497.824.98
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 633.4 0.75 485.630.42
05 Products of animal origin, not elsewhere specified or included 0.0 0.00 5.3-100.00
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 595.4 0.71 228.4160.70
07 Edible vegetables and certain roots and tubers 243.5 0.29 174.039.91
08 Edible fruit and nuts; peel of citrus fruit or melons 530.2 0.63 378.340.13
09 Coffee, tea, maté and spices 32.5 0.04 17.981.16
10 Cereals 241.5 0.29 212.013.94
11 Products of the milling industry; malt; starches; inulin; wheat gluten 98.2 0.12 38.6154.32
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 63.8 0.08 74.4-14.32
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 73.2 0.09 150.5-51.36
17 Sugars and sugar confectionery 101.2 0.12 75.534.17
18 Cocoa and cocoa preparations 26.7 0.03 34.4-22.55
19 Preparations of cereals, flour, starch or milk; bakers’ wares 572.4 0.68 538.06.40
20 Preparations of vegetables, fruit, nuts or other parts of plants 636.9 0.76 734.5-13.28
21 Miscellaneous edible preparations 316.6 0.38 322.4-1.78
22 Beverages, spirits and vinegar 1,827.3 2.17 1,503.721.52
23 Residues and waste from the food industries; prepared animal feed 81.7 0.10 56.744.10
24 Tobacco and manufactured tobacco substitutes 41.6 0.05 36.314.48
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 359.5 0.43 912.9-60.62
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 5,637.0 6.70 5,539.71.76
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 116.2 0.14 105.310.28
29 Organic chemicals 24.8 0.03 46.3-46.35
30 Pharmaceutical products 50.9 0.06 177.4-71.33
31 Fertilizers 90.8 0.11 83.48.81
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 454.4 0.54 614.7-26.07
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 224.4 0.27 486.1-53.85
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 262.2 0.31 362.7-27.72
35 Albuminoidal substances; modified starches; glues; enzymes 38.6 0.05 83.0-53.50
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 8.4 0.01 7.610.00
37 Photographic or cinematographic goods 6.6 0.01 4.544.88
38 Miscellaneous chemical products 193.2 0.23 227.1-14.93
39 Plastics and articles thereof 888.0 1.06 714.824.24
40 Rubber and articles thereof 237.3 0.28 317.6-25.26
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 37.8 0.04 71.1-46.90
43 Furskins and artificial fur; manufactures thereof 0.0 0.00 6.8-100.00
44 Wood and articles of wood; wood charcoal 3,307.6 3.93 2,273.445.49
45 Cork and articles of cork 0.0 0.00 131.4-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 376.0 0.45 387.9-3.08
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 136.2 0.16 122.810.90
52 Cotton 0.0 0.00 18.5-100.00
54 Man-made filaments 0.0 0.00 8.5-100.00
55 Man-made staple fibers 0.0 0.00 12.0-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 12.2 0.01 3.0302.41
57 Carpets and other textile floor coverings 65.6 0.08 53.422.66
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 0.0 0.00 4.8-100.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 23.6 0.03 5.2356.05
60 Knitted or crocheted fabrics 10.1 0.01 4.8109.68
61 Articles of apparel and clothing accessories, knitted or crocheted 294.5 0.35 217.435.52
62 Articles of apparel and clothing accessories, not knitted or crocheted 20.2 0.02 20.3-0.52
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 300.8 0.36 672.0-55.24
64 Footwear, gaiters and the like; parts of such articles 41.0 0.05 107.8-61.94
65 Headgear and parts thereof 9.3 0.01 3.0214.15
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 59.9 0.07 73.2-18.16
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 14.7 0.02 22.6-34.91
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 1,261.4 1.50 776.762.41
69 Ceramic products 169.6 0.20 182.3-6.98
70 Glass and glassware 282.0 0.34 302.4-6.75
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 2,984.4 3.55 1,065.0180.22
72 Iron and steel 271.2 0.32 401.7-32.48
73 Articles of iron or steel 1,394.7 1.66 946.147.42
74 Copper and articles thereof 175.5 0.21 388.2-54.81
76 Aluminum and articles thereof 914.3 1.09 1,275.1-28.29
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 23.4 0.03 49.1-52.43
83 Miscellaneous articles of base metal 480.6 0.57 589.6-18.49
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 3,953.9 4.70 6,656.4-40.60
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 3,037.8 3.61 2,895.54.92
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 0.02 8.9103.57
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 6,003.5 7.14 2,328.8157.79
88 Aircraft, spacecraft, and parts thereof 115.3 0.14 113.91.20
89 Ships, boats and floating structures 2,362.1 2.81 288.2719.49
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 835.0 0.99 469.977.72
91 Clocks and watches and parts thereof 284.3 0.34 246.615.30
92 Musical instruments; parts and accessories of such articles 0.0 0.00 43.8-100.00
93 Arms and ammunition; parts and accessories thereof 3.6 0.00 65.7-94.52
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 1,241.4 1.48 2,380.1-47.84
95 Toys, games and sports requisites; parts and accessories thereof 384.8 0.46 287.533.83
96 Miscellaneous manufactured articles 74.2 0.09 87.5-15.11
97 Works of art, collectors’ pieces and antiques 18.3 0.02 7.1158.23

US Imports from Turks and Caicos Islands

The major share of US imports from Turks and Caicos Islands in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 14.42% of US total imports from Turks and Caicos Islands (31.27% in the 3rd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 4.12% of US total imports from Turks and Caicos Islands (2.86% in the 3rd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 2.06% of US total imports from Turks and Caicos Islands (0.30% in the 3rd quarter of 2016);
  • Precious metals and stones (HS code 71) - 0.73% of US total imports from Turks and Caicos Islands (1.17% in the 3rd quarter of 2016).

The largest gains in US imports from Turks and Caicos Islands in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - an increase of $0.1 million;
  • Iron and steel (HS code 72) - an increase of $0.0 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $0.0 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $0.0 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 the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $0.4 million;
  • Articles of iron or steel (HS code 73) - a decrease of $0.0 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 $0.0 million;
  • 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 $0.0 million.
US imports from Turks and Caicos Islands in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q3 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 191.1 14.42 578.2-66.95
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 1.0 0.08 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 9.7 0.73 21.6-55.22
72 Iron and steel 30.9 2.33 3.4814.57
73 Articles of iron or steel 0.0 0.00 31.7-100.00
74 Copper and articles thereof 4.2 0.31 0.0
76 Aluminum and articles thereof 19.6 1.48 17.710.66
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 18.2 1.37 2.5622.52
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 4.1 0.31 3.131.32
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 5.0 0.37 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 37.7 2.85 46.4-18.69
95 Toys, games and sports requisites; parts and accessories thereof 66.1 4.99 0.0
97 Works of art, collectors’ pieces and antiques 6.9 0.52 5.231.12
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce