US trade with Vanuatu in the 3rd quarter of 2017
The report on US foreign trade in goods with Vanuatu in the 3rd quarter of 2017: exports, imports, balance, product types and groups, dynamics.
US Trade with Vanuatu
In the 3rd quarter of 2017, US trade with Vanuatu totaled $5.0 million, up 75.92% ($2.1 million) from the 3rd quarter of 2016.
US exports to Vanuatu in the 3rd quarter of 2017 totaled $2.6 million, up 127.39% ($1.5 million) from the 3rd quarter of 2016.
US imports from Vanuatu in the 3rd quarter of 2017 totaled $2.3 million, up 39.96% ($0.7 million) from the 3rd quarter of 2016.
US trade balance with Vanuatu went from a deficit of $0.5 million in the 3rd quarter of 2016, to a surplus of $0.3 million in the 3rd quarter of 2017.
Vanuatu was the US 185th largest trading partner in the 3rd quarter of 2017 (up from 192nd in the 3rd quarter of 2016), accounting for 0.0005% of US total trade (up from 0.0003% in the 3rd quarter of 2016).
Vanuatu was the US 184th largest export market in the 3rd quarter of 2017 (up from 195th in the 3rd quarter of 2016), accounting for 0.0007% of US total exports (up from 0.0003% in the 3rd quarter of 2016).
Vanuatu was the US 165th largest supplier in the 3rd quarter of 2017 (up from 173rd in the 3rd quarter of 2016), accounting for 0.0004% of US total imports (just as in the 3rd quarter of 2016).
US Exports to Vanuatu
The major share of US exports to Vanuatu 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) - 57.59% of US total exports to Vanuatu (28.77% in the 3rd quarter of 2016);
- Chemical products (HS codes 28-40) - 5.87% of US total exports to Vanuatu (26.00% in the 3rd quarter of 2016);
- Food products and agricultural raw materials (HS codes 01-24) - 1.12% of US total exports to Vanuatu (1.34% in the 3rd quarter of 2016).
The largest gains in US exports to Vanuatu in the 3rd quarter of 2017 over the 3rd quarter of 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 $782.2 thousand;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $371.8 thousand;
- Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $81.1 thousand;
- Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $73.9 thousand;
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $23.2 thousand;
- Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $23.1 thousand.
The largest declines in US exports to Vanuatu in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:
- Albuminoidal substances; modified starches; glues; enzymes (HS code 35) - a decrease of $165.7 thousand;
- Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $67.3 thousand;
- Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $42.6 thousand;
- Rubber and articles thereof (HS code 40) - a decrease of $31.1 thousand;
- Pharmaceutical products (HS code 30) - a decrease of $16.6 thousand;
- Beverages, spirits and vinegar (HS code 22) - a decrease of $9.8 thousand;
- Footwear, gaiters and the like; parts of such articles (HS code 64) - a decrease of $8.7 thousand.
| 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 (%) |
|---|---|---|---|---|---|
| 12 | Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder | 23.1 | 0.87 | 0.0 | ∞ |
| 18 | Cocoa and cocoa preparations | 6.5 | 0.25 | 5.9 | 11.11 |
| 22 | Beverages, spirits and vinegar | 0.0 | 0.00 | 9.8 | -100.00 |
| 30 | Pharmaceutical products | 64.7 | 2.45 | 81.3 | -20.38 |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 90.4 | 3.42 | 16.5 | 447.06 |
| 35 | Albuminoidal substances; modified starches; glues; enzymes | 0.0 | 0.00 | 165.7 | -100.00 |
| 38 | Miscellaneous chemical products | 0.0 | 0.00 | 5.0 | -100.00 |
| 39 | Plastics and articles thereof | 0.0 | 0.00 | 2.6 | -100.00 |
| 40 | Rubber and articles thereof | 0.0 | 0.00 | 31.1 | -100.00 |
| 42 | Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) | 3.2 | 0.12 | 0.0 | ∞ |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 4.1 | 0.16 | 0.0 | ∞ |
| 64 | Footwear, gaiters and the like; parts of such articles | 0.0 | 0.00 | 8.7 | -100.00 |
| 66 | Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof | 6.5 | 0.25 | 0.0 | ∞ |
| 73 | Articles of iron or steel | 7.3 | 0.28 | 0.0 | ∞ |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 4.1 | 0.15 | 11.2 | -63.65 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 471.3 | 17.83 | 99.5 | 373.65 |
| 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 | 856.2 | 32.39 | 74.1 | 1,056.16 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 142.9 | 5.41 | 61.8 | 131.30 |
| 88 | Aircraft, spacecraft, and parts thereof | 28.5 | 1.08 | 95.8 | -70.26 |
| 89 | Ships, boats and floating structures | 0.0 | 0.00 | 3.3 | -100.00 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 23.2 | 0.88 | 0.0 | ∞ |
| 95 | Toys, games and sports requisites; parts and accessories thereof | 0.0 | 0.00 | 42.6 | -100.00 |
US Imports from Vanuatu
The major share of US imports from Vanuatu 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) - 96.99% of US total imports from Vanuatu (61.11% in the 3rd quarter of 2016);
- Chemical products (HS codes 28-40) - 1.25% of US total imports from Vanuatu (4.50% in the 3rd quarter of 2016);
- Machinery, equipment and vehicles (HS codes 84-90) - 0.00% of US total imports from Vanuatu (29.49% in the 3rd quarter of 2016).
The largest gains in US imports from Vanuatu 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) - an increase of $921.6 thousand;
- Products of animal origin, not elsewhere specified or included (HS code 05) - an increase of $153.9 thousand;
- Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $92.5 thousand;
- Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - an increase of $74.0 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 $15.0 thousand;
- Salt; sulfur; earths and stone; plastering materials, lime and cement (HS code 25) - an increase of $7.4 thousand.
The largest declines in US imports from Vanuatu in the 3rd quarter of 2017 over the 3rd quarter of 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) - a decrease of $490.7 thousand;
- Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $45.7 thousand;
- Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $9.1 thousand.
| 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 | 1,059.4 | 45.49 | 137.8 | 668.72 |
| 05 | Products of animal origin, not elsewhere specified or included | 153.9 | 6.61 | 0.0 | ∞ |
| 12 | Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder | 967.8 | 41.56 | 875.3 | 10.57 |
| 15 | Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes | 77.7 | 3.34 | 3.7 | 1,986.46 |
| 25 | Salt; sulfur; earths and stone; plastering materials, lime and cement | 7.4 | 0.32 | 0.0 | ∞ |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 29.2 | 1.25 | 74.9 | -61.00 |
| 44 | Wood and articles of wood; wood charcoal | 0.0 | 0.00 | 9.1 | -100.00 |
| 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 | 0.0 | 0.00 | 490.7 | -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 | 15.0 | 0.64 | 0.0 | ∞ |
| 97 | Works of art, collectors’ pieces and antiques | 0.0 | 0.00 | 4.0 | -100.00 |