US trade with Vanuatu in the 4th quarter of 2017

Published or Updated: Apr 11, 2018

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

US Trade with Vanuatu

In the 4th quarter of 2017, US trade with Vanuatu totaled $3.2 million, up 38.94% ($0.9 million) from the 4th quarter of 2016.

US exports to Vanuatu in the 4th quarter of 2017 totaled $2.0 million, up 86.23% ($0.9 million) from the 4th quarter of 2016.

US imports from Vanuatu in the 4th quarter of 2017 were $1.2 million, down 1.55% ($0.0 million) from the 4th quarter of 2016.

US trade balance with Vanuatu went from a deficit of $0.2 million in the 4th quarter of 2016, to a surplus of $0.8 million in the 4th quarter of 2017.

Vanuatu was the US 195th largest trading partner in the 4th quarter of 2017 (just as in the 4th quarter of 2016), accounting for 0.0003% of US total trade (up from 0.0002% in the 4th quarter of 2016).

Vanuatu was the US 192nd largest export market in the 4th quarter of 2017 (up from 197th in the 4th quarter of 2016), accounting for 0.0005% of US total exports (up from 0.0003% in the 4th quarter of 2016).

Vanuatu was the US 180th largest supplier in the 4th quarter of 2017 (up from 181st in the 4th quarter of 2016), accounting for 0.0002% of US total imports (just as in the 4th quarter of 2016).

US Exports to Vanuatu

The major share of US exports to Vanuatu 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) - 45.22% of US total exports to Vanuatu (22.90% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 15.57% of US total exports to Vanuatu (23.86% in the 4th quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.60% of US total exports to Vanuatu (2.01% in the 4th quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 1.52% of US total exports to Vanuatu (0.68% in the 4th quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 0.59% of US total exports to Vanuatu (6.80% in the 4th quarter of 2016);
  • Mineral products (HS codes 25-27) - 0.00% of US total exports to Vanuatu (3.03% in the 4th quarter of 2016).

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

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $422.8 thousand;
  • Commodities not specified according to kind (HS code 99) - an increase of $274.5 thousand;
  • 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 $124.2 thousand;
  • Plastics and articles thereof (HS code 39) - an increase of $67.0 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $57.1 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $50.9 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $48.7 thousand;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $20.2 thousand;
  • 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 $8.2 thousand;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $6.9 thousand.

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

  • Pharmaceutical products (HS code 30) - a decrease of $39.2 thousand;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $32.6 thousand;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $32.5 thousand;
  • Articles of iron or steel (HS code 73) - a decrease of $24.9 thousand;
  • Miscellaneous chemical products (HS code 38) - a decrease of $18.8 thousand;
  • Other base metals; cermets; articles thereof (HS code 81) - a decrease of $7.8 thousand;
  • Cocoa and cocoa preparations (HS code 18) - a decrease of $7.3 thousand.
US exports to Vanuatu 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
(%)
08 Edible fruit and nuts; peel of citrus fruit or melons 20.2 1.01 0.0
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 3.3 0.17 0.0
18 Cocoa and cocoa preparations 0.0 0.00 7.3-100.00
22 Beverages, spirits and vinegar 6.9 0.34 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 0.0 0.00 32.5-100.00
30 Pharmaceutical products 92.8 4.65 132.0-29.68
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 0.0 0.00 2.8-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 150.7 7.56 102.047.76
38 Miscellaneous chemical products 0.0 0.00 18.8-100.00
39 Plastics and articles thereof 67.0 3.36 0.0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0.0 0.00 4.9-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 4.5 0.22 0.0
64 Footwear, gaiters and the like; parts of such articles 27.5 1.38 21.627.57
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 0.0 0.00 5.6-100.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 8.2 0.41 0.0
73 Articles of iron or steel 0.0 0.00 24.9-100.00
76 Aluminum and articles thereof 7.9 0.40 3.7116.48
81 Other base metals; cermets; articles thereof 0.0 0.00 7.8-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 3.8 0.19 36.4-89.45
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 469.3 23.52 46.4910.89
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 277.8 13.93 153.680.86
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 60.0 3.01 2.91,984.06
88 Aircraft, spacecraft, and parts thereof 82.8 4.15 32.0159.14
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 12.1 0.61 10.416.17
91 Clocks and watches and parts thereof 0.0 0.00 3.3-100.00
95 Toys, games and sports requisites; parts and accessories thereof 3.3 0.17 0.0
99 Commodities not specified according to kind 696.7 34.93 422.365.00

US Imports from Vanuatu

The major share of US imports from Vanuatu 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) - 88.14% of US total imports from Vanuatu (83.69% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 10.36% of US total imports from Vanuatu (1.29% in the 4th quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.00% of US total imports from Vanuatu (9.02% in the 4th quarter of 2016).
  • Wood and wood products (HS codes 44-49) - 0.00% of US total imports from Vanuatu (1.06% in the 4th quarter of 2016).

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

  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $111.5 thousand;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - an increase of $73.6 thousand;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - an increase of $4.6 thousand.

The largest declines in US imports from Vanuatu in the 4th quarter of 2017 over the 4th 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 $88.4 thousand;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $37.3 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $34.6 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $24.5 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) - a decrease of $16.5 thousand;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $13.3 thousand.
US imports from Vanuatu 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 220.7 17.92 257.9-14.44
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 791.2 64.25 789.00.28
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 73.6 5.97 0.0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 127.6 10.36 16.1693.45
44 Wood and articles of wood; wood charcoal 0.0 0.00 13.3-100.00
64 Footwear, gaiters and the like; parts of such articles 4.6 0.37 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0.0 0.00 24.5-100.00
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 88.4-100.00
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 0.0 0.00 16.5-100.00
97 Works of art, collectors’ pieces and antiques 0.0 0.00 34.6-100.00
99 Commodities not specified according to kind 13.9 1.12 10.729.74
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce