US trade with Turks and Caicos Islands in the 4th quarter of 2017

Published or Updated: May 10, 2018

The report on US foreign trade in goods with Turks and Caicos Islands in the 4th quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Turks and Caicos Islands

In the 4th quarter of 2017, US trade with Turks and Caicos Islands totaled $135.8 million, up 60.09% ($51.0 million) from the 4th quarter of 2016.

US exports to Turks and Caicos Islands in the 4th quarter of 2017 totaled $133.3 million, up 61.71% ($50.9 million) from the 4th quarter of 2016.

US imports from Turks and Caicos Islands in the 4th quarter of 2017 totaled $2.5 million, up 5.08% ($0.1 million) from the 4th quarter of 2016.

US trade surplus with Turks and Caicos Islands in the 4th quarter of 2017 was $130.7 million, a 63.43% increase ($50.7 million) over the 4th quarter of 2016.

Turks and Caicos Islands was the US 118th largest trading partner in the 4th quarter of 2017 (up from 130th in the 4th quarter of 2016), accounting for 0.0130% of US total trade (up from 0.0088% in the 4th quarter of 2016).

Turks and Caicos Islands was the US 95th largest export market in the 4th quarter of 2017 (up from 106th in the 4th quarter of 2016), accounting for 0.0327% of US total exports (up from 0.0218% in the 4th quarter of 2016).

Turks and Caicos Islands was the US 170th largest supplier in the 4th quarter of 2017 (down from 168th in the 4th quarter of 2016), accounting for 0.0004% of US total imports (just as in the 4th quarter of 2016).

US Exports to Turks and Caicos Islands

The major share of US exports to Turks and Caicos Islands in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 17.86% of US total exports to Turks and Caicos Islands (16.81% in the 4th quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 8.60% of US total exports to Turks and Caicos Islands (12.74% in the 4th quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 5.57% of US total exports to Turks and Caicos Islands (3.48% in the 4th quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 5.04% of US total exports to Turks and Caicos Islands (2.76% in the 4th quarter of 2016);
  • Mineral products (HS codes 25-27) - 4.29% of US total exports to Turks and Caicos Islands (8.09% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 3.60% of US total exports to Turks and Caicos Islands (3.80% in the 4th quarter of 2016);
  • Precious metals and stones (HS code 71) - 1.70% of US total exports to Turks and Caicos Islands (4.05% in the 4th quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.53% of US total exports to Turks and Caicos Islands (1.76% in the 4th quarter of 2016).

The largest gains in US exports to Turks and Caicos Islands in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - an increase of $22.2 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $5.4 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $4.5 million;
  • 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 $3.5 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $3.3 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) - an increase of $2.8 million;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $2.8 million;
  • Articles of iron or steel (HS code 73) - an increase of $2.0 million;
  • Clocks and watches and parts thereof (HS code 91) - an increase of $1.8 million;
  • Aluminum and articles thereof (HS code 76) - an increase of $1.4 million;
  • Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage (HS code 06) - an increase of $0.9 million;
  • Glass and glassware (HS code 70) - an increase of $0.8 million;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - an increase of $0.7 million;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $0.6 million;
  • Miscellaneous articles of base metal (HS code 83) - an increase of $0.5 million;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $0.5 million.

The largest declines in US exports to Turks and Caicos Islands in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Ships, boats and floating structures (HS code 89) - 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 $1.1 million;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - a decrease of $1.0 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $0.7 million.
US exports to Turks and Caicos Islands in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q4 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
02 Meat and edible meat offal 3,183.5 2.39 2,939.38.31
03 Fish and crustaceans, molluscs and other aquatic invertebrates 425.2 0.32 423.30.45
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 649.0 0.49 587.910.39
05 Products of animal origin, not elsewhere specified or included 3.4 0.00 7.6-54.68
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 1,325.4 0.99 423.2213.21
07 Edible vegetables and certain roots and tubers 366.8 0.28 243.250.86
08 Edible fruit and nuts; peel of citrus fruit or melons 519.6 0.39 503.43.22
09 Coffee, tea, maté and spices 27.1 0.02 49.7-45.48
10 Cereals 210.9 0.16 236.9-10.99
11 Products of the milling industry; malt; starches; inulin; wheat gluten 114.7 0.09 69.964.10
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 7.0 0.01 3.5100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 97.5 0.07 119.9-18.65
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 108.5 0.08 164.2-33.94
17 Sugars and sugar confectionery 118.2 0.09 124.3-4.96
18 Cocoa and cocoa preparations 49.1 0.04 37.630.70
19 Preparations of cereals, flour, starch or milk; bakers’ wares 676.5 0.51 567.719.16
20 Preparations of vegetables, fruit, nuts or other parts of plants 637.9 0.48 1,667.7-61.75
21 Miscellaneous edible preparations 251.6 0.19 296.7-15.20
22 Beverages, spirits and vinegar 2,473.3 1.86 1,911.529.39
23 Residues and waste from the food industries; prepared animal feed 81.1 0.06 91.0-10.86
24 Tobacco and manufactured tobacco substitutes 141.2 0.11 30.0369.83
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 396.3 0.30 610.5-35.09
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 5,326.1 4.00 6,059.6-12.10
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 82.3 0.06 73.711.60
29 Organic chemicals 11.4 0.01 3.2259.44
30 Pharmaceutical products 156.2 0.12 120.429.72
31 Fertilizers 67.1 0.05 47.541.31
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 1,123.9 0.84 376.6198.44
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 883.7 0.66 665.632.76
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 255.3 0.19 245.44.02
35 Albuminoidal substances; modified starches; glues; enzymes 26.9 0.02 46.2-41.72
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 29.4 0.02 39.3-25.31
38 Miscellaneous chemical products 434.7 0.33 182.3138.41
39 Plastics and articles thereof 1,427.4 1.07 1,072.533.09
40 Rubber and articles thereof 296.2 0.22 259.314.22
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 230.0 0.17 71.3222.69
43 Furskins and artificial fur; manufactures thereof 6.1 0.00 0.0
44 Wood and articles of wood; wood charcoal 6,332.2 4.75 1,838.2244.47
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 3.3 0.00 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 299.8 0.22 275.28.94
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 81.2 0.06 163.8-50.40
52 Cotton 0.0 0.00 29.5-100.00
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 45.2 0.03 0.0
54 Man-made filaments 8.7 0.01 13.4-34.97
55 Man-made staple fibers 0.0 0.00 37.5-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 24.2 0.02 2.9729.66
57 Carpets and other textile floor coverings 140.5 0.11 78.479.11
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 44.3 0.03 7.0534.76
60 Knitted or crocheted fabrics 0.0 0.00 9.4-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 150.1 0.11 161.5-7.08
62 Articles of apparel and clothing accessories, not knitted or crocheted 130.9 0.10 90.145.28
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 1,172.6 0.88 707.665.72
64 Footwear, gaiters and the like; parts of such articles 79.5 0.06 119.6-33.50
65 Headgear and parts thereof 46.2 0.03 90.5-48.99
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 195.2 0.15 88.5120.47
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 0.0 0.00 17.8-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 3,535.9 2.65 701.9403.73
69 Ceramic products 456.0 0.34 290.057.22
70 Glass and glassware 1,155.0 0.87 356.7223.78
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 2,270.7 1.70 3,336.0-31.93
72 Iron and steel 595.6 0.45 245.6142.54
73 Articles of iron or steel 3,163.5 2.37 1,129.2180.17
74 Copper and articles thereof 344.4 0.26 129.1166.72
75 Nickel and articles thereof 8.0 0.01 10.4-22.93
76 Aluminum and articles thereof 2,000.1 1.50 632.1216.44
78 Lead and articles thereof 0.0 0.00 21.2-100.00
79 Zinc and articles thereof 7.9 0.01 0.0
81 Other base metals; cermets; articles thereof 0.0 0.00 8.3-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 74.6 0.06 14.4417.21
83 Miscellaneous articles of base metal 1,227.7 0.92 680.380.48
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 9,115.3 6.84 3,719.9145.04
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 7,008.6 5.26 3,556.897.05
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 152.3 0.11 27.6452.86
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 6,367.3 4.78 3,060.6108.04
88 Aircraft, spacecraft, and parts thereof 139.4 0.10 183.4-23.96
89 Ships, boats and floating structures 422.2 0.32 2,992.2-85.89
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 596.7 0.45 310.592.16
91 Clocks and watches and parts thereof 2,370.2 1.78 589.4302.15
92 Musical instruments; parts and accessories of such articles 0.0 0.00 4.8-100.00
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 5,013.0 3.76 2,177.8130.18
95 Toys, games and sports requisites; parts and accessories thereof 518.3 0.39 525.1-1.30
96 Miscellaneous manufactured articles 73.9 0.06 137.4-46.23
97 Works of art, collectors’ pieces and antiques 0.0 0.00 28.3-100.00
99 Commodities not specified according to kind 55,679.9 41.78 33,442.066.50

US Imports from Turks and Caicos Islands

The major share of US imports from Turks and Caicos Islands in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 41.72% of US total imports from Turks and Caicos Islands (55.31% in the 4th quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 5.40% of US total imports from Turks and Caicos Islands (1.40% in the 4th quarter of 2016);
  • Precious metals and stones (HS code 71) - 2.56% of US total imports from Turks and Caicos Islands (0.47% in the 4th quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 0.55% of US total imports from Turks and Caicos Islands (1.19% in the 4th quarter of 2016).

The largest gains in US imports from Turks and Caicos Islands in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - an increase of $0.3 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $0.1 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 $0.1 million;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $0.0 million;
  • Iron and steel (HS code 72) - 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.

The largest declines in US imports from Turks and Caicos Islands in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $0.3 million;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $0.1 million;
  • Ships, boats and floating structures (HS code 89) - a decrease of $0.0 million;
  • Aluminum and articles thereof (HS code 76) - a decrease of $0.0 million;
  • Articles of iron or steel (HS code 73) - a decrease of $0.0 million;
  • Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard (HS code 47) - a decrease of $0.0 million.
US imports from Turks and Caicos Islands in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q4 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 1,062.6 41.72 1,340.4-20.72
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 0.0 0.00 9.4-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 0.0 0.00 70.7-100.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 65.1 2.56 11.4469.51
72 Iron and steel 14.1 0.55 0.0
73 Articles of iron or steel 0.0 0.00 10.5-100.00
76 Aluminum and articles thereof 0.0 0.00 18.3-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 129.0 5.06 15.5731.65
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 8.5 0.33 0.0
89 Ships, boats and floating structures 0.0 0.00 18.5-100.00
91 Clocks and watches and parts thereof 0.0 0.00 2.8-100.00
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 1.8 0.07 0.0
97 Works of art, collectors’ pieces and antiques 27.1 1.06 0.0
99 Commodities not specified according to kind 1,238.6 48.63 926.133.75
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce