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British Indian Ocean Territories

British Indian Ocean Territories ranked No. 209 in total trade value through October with a total of $8.85 million. Exports totaled $8.75 million and Imports totaled $104,968, a surplus of $8.64 million.

U.S. trade with British Indian Ocean Territories rose to $8.85 million through October

British Indian Ocean Territories’s trade with the United States rose to $8.85 million through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 44.75 percent below its total trade during the same time period last year. British Indian Ocean Territories’s exports increased 15.47 percent while imports fell 98.76 percent. The U.S. surplus with British Indian Ocean Territories was $8.64 million.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Virginia; No. 2 Port Everglades, Fla.; No. 3 John F. Kennedy International Airport; No. 4 Port of Texas City, Texas; and No. 5 Port of Los Angeles. During the same period the previous year, the top five were No. 1 Seattle-Tacoma International Airport No. 2 Port of Eastport, Maine No. 3 Los Angeles International Airport No. 4 Port of New York and No. 5 John F. Kennedy International Airport. In the current time period, the top five accounted for 67.82 percent of British Indian Ocean Territories’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Virginia rose 4255.67 percent to $2.19 million.
    Exports rose 4255.67 percent to $2.19 million. There were no imports.
  • Trade with No. 2 Port Everglades, Fla. rose 28781 percent to $1.93 million.
    Exports rose 28781 percent to $1.93 million. There were no imports.
  • Trade with No. 3 John F. Kennedy International Airport rose 65.39 percent to $742,116.
    Exports rose 64.75 percent to $736,387. Imports rose 231.54 percent to $5,729.
  • Trade with No. 4 Port of Texas City, Texas totaled $690,000.
    Exports totaled $690,000. There were no imports.
  • Trade with No. 5 Port of Los Angeles rose 58.57 percent to $450,894.
    Exports rose 184.24 percent to $450,894. There were no imports.

British Indian Ocean Territories ranked No. 209 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 192.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to British Indian Ocean Territories by value through October were the categories of Motorboats and yachts; Poultry incubators, equipment; Acyclic alcohols; Self-propelled heavy construction machinery; and Miscellaneous electrical machinery, respectively. They accounted for 51.08 percent of total exports to British Indian Ocean Territories.

The value of the top five categories of U.S. imports from British Indian Ocean Territories –– Taps, cocks and valves for pipes, tanks; Track suits, ski-suits & swimwear; Salvage; Plastic boxes, containers; and Pumps for dispensing liquids –– accounted for 77.79 percent of all inbound shipments.

Looking more closely at U.S. exports to British Indian Ocean Territories:

  • Motorboats and yachts totaled $1.8 million. The previous year, there were no exports in this category.
  • Poultry incubators, equipment totaled $883,389. The previous year, there were no exports in this category.
  • Acyclic alcohols totaled $690,000. The previous year, there were no exports in this category.
  • Self-propelled heavy construction machinery totaled $576,339. The previous year, there were no exports in this category.
  • Miscellaneous electrical machinery rose 180.03 percent compared to last year to $519,901.

Looking more closely at U.S. imports from British Indian Ocean Territories:

  • Taps, cocks and valves for pipes, tanks totaled $24,818. The previous year, there were no imports in this category.
  • Track suits, ski-suits & swimwear totaled $20,202. The previous year, there were no imports in this category.
  • Salvage rose 64.44 percent compared to last year to $14,114.
  • Plastic boxes, containers totaled $13,944. The previous year, there were no imports in this category.
  • Pumps for dispensing liquids totaled $8,578. The previous year, there were no imports in this category.

In the latest annual figures available, British Indian Ocean Territories recorded $17.08 million in trade with the United States. At year’s end, its were Seattle; Portland/Columbia-Snake River; Portland, Maine; New York City; and Los Angeles. Total U.S. exports to British Indian Ocean Territories were $ 8.62 million and imports from British Indian Ocean Territories were $8.46 million. The U.S. surplus with British Indian Ocean Territories was $164,610.