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British Virgin Islands

British Virgin Islands ranked No. 111 in total trade value through August with a total of $450.44 million. Exports totaled $447.62 million and Imports totaled $2.83 million, a surplus of $444.79 million.

January – August 2019

Top Trading Ports

Total Trade: $450.44 million

RankPortTotal YTD
1Port of Palm Beach, Fla. $77,455,608
2Port Everglades, Fla. $70,282,142
3Anchorage International Airport, Alaska $66,362,746
4Port of Savannah, Ga. $62,067,424
5Clinton International Airport, Little Rock, Ark. $58,150,000
6Port of San Juan, Puerto Rico $27,159,526
7Low-Valued Imports and Exports $25,597,050
8Christiansted Port Terminal, U.S. Virgin Islands $21,820,687
9Port of St. Petersburg, Fla. $7,377,170
10Port of Charleston $5,900,000

U.S. trade with British Virgin Islands rose to $450.44 million through August

British Virgin Islands’s trade with the United States rose to $450.44 million through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 1.09 percent above its total trade during the same time period last year. U.S. exports to British Virgin Islands increased 4.78 percent while U.S. imports from British Virgin Islands fell 84.61 percent. The U.S. surplus with British Virgin Islands was $444.79 million.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Palm Beach, Fla.; No. 2 Port Everglades, Fla.; No. 3 Anchorage International Airport, Alaska; No. 4 Port of Savannah, Ga.; and No. 5 Clinton International Airport, Little Rock, Ark.. During the same period the previous year, the top five were No. 1 Anchorage International Airport, Alaska No. 2 Port Everglades, Fla. No. 3 Port of Palm Beach, Fla. No. 4 Port of San Juan, Puerto Rico and No. 5 Low-Valued Imports and Exports. In the current time period, the top five accounted for 74.22 percent of British Virgin Islands’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Palm Beach, Fla. rose 12.9 percent to $77.46 million.
    Exports rose 13.2 percent to $77.4 million. Imports fell 74.72 percent to $59,000.
  • Trade with No. 2 Port Everglades, Fla. fell 10.41 percent to $70.28 million.
    Exports fell 6.96 percent to $70.18 million. Imports fell 96.47 percent to $106,921.
  • Trade with No. 3 Anchorage International Airport, Alaska fell 50.98 percent to $66.36 million.
    Exports fell 50.97 percent to $66.35 million. Imports fell 72.52 percent to $8,636.
  • Trade with No. 4 Port of Savannah, Ga. rose 19297 percent to $62.07 million.
    Exports rose 19297 percent to $62.07 million. There were no imports.
  • Trade with No. 5 Clinton International Airport, Little Rock, Ark. totaled $58.15 million.
    Exports totaled $58.15 million. There were no imports.

British Virgin Islands ranked No. 111 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 107.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to British Virgin Islands by value through August were the categories of Civilian aircraft, parts; Gasoline, other fuels; Low value shipments; Motorboats and yachts; and Insulated wire, cable, respectively. They accounted for 68.71 percent of total exports to British Virgin Islands.

The value of the top five categories of U.S. imports from British Virgin Islands –– Value added to a returned import; Containers for transportation; Salvage; Misc. engines and motors, parts; and Lamp and lighting parts –– accounted for 83.03 percent of all inbound shipments.

Looking more closely at U.S. exports to British Virgin Islands:

  • Civilian aircraft, parts rose 25.21 percent compared to last year to $198.27 million.
  • Gasoline, other fuels rose 46.85 percent compared to last year to $52.47 million.
  • Low value shipments fell 18.81 percent compared to last year to $25.6 million.
  • Motorboats and yachts rose 101.77 percent compared to last year to $21.22 million.
  • Insulated wire, cable rose 30.26 percent compared to last year to $10 million.

Looking more closely at U.S. imports from British Virgin Islands:

  • Value added to a returned import fell 61.74 percent compared to last year to $1.54 million.
  • Containers for transportation rose 19.93 percent compared to last year to $346,600.
  • Salvage rose 72.27 percent compared to last year to $242,181.
  • Misc. engines and motors, parts fell 38.07 percent compared to last year to $124,258.
  • Lamp and lighting parts rose 478.19 percent compared to last year to $88,596.

In the latest annual figures available, British Virgin Islands recorded $374.81 million in trade with the United States. At year’s end, its were Miami; New Orleans; U.S. Virgin Islands; San Juan; and Low Value Shipments. Total U.S. exports to British Virgin Islands were $ 368.16 million and imports from British Virgin Islands were $6.66 million. The U.S. surplus with British Virgin Islands was $361.5 million.