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British Virgin Islands

British Virgin Islands ranked No. 110 in total trade value through February with a total of $106.69 million. Exports totaled $106.02 million and Imports totaled $667,001, a surplus of $105.35 million.

January – February 2019

Top Trading Ports

Total Trade: $106.69 million

RankPortTotal YTD
1Clinton International Airport, Little Rock, Ark. $58,150,000
2Port Everglades, Fla. $13,693,927
3Port of Palm Beach, Fla. $12,694,346
4Port of San Juan, Puerto Rico $7,165,123
5Low-Valued Imports and Exports $5,655,667
6Christiansted Port Terminal, U.S. Virgin Islands $3,085,988
7John F. Kennedy International Airport $1,439,671
8Port of New Orleans $777,026
9Port Miami $536,464
10Port of Newark $529,495

U.S. trade with British Virgin Islands rose to $106.69 million through February

British Virgin Islands’s trade with the United States rose to $106.69 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 53.97 percent above its total trade during the same time period last year. British Virgin Islands’s exports increased 62.56 percent while imports fell 83.62 percent. The U.S. surplus with British Virgin Islands was $105.35 million.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Clinton International Airport, Little Rock, Ark.; 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. During the same period the previous year, the top five were No. 1 Port Everglades, Fla. No. 2 Port of Palm Beach, Fla. No. 3 Port of San Juan, Puerto Rico No. 4 Low-Valued Imports and Exports and No. 5 Port of Frederiksted, V.I.. In the current time period, the top five accounted for 91.26 percent of British Virgin Islands’s U.S. trade.

Among those top five:

  • Trade with No. 1 Clinton International Airport, Little Rock, Ark. totaled $58.15 million.
    Exports totaled $58.15 million. There were no imports.
  • Trade with No. 2 Port Everglades, Fla. fell 31.95 percent to $13.69 million.
    Exports fell 24.71 percent to $13.63 million. Imports fell 96.64 percent to $68,000.
  • Trade with No. 3 Port of Palm Beach, Fla. fell 34.23 percent to $12.69 million.
    Exports fell 34.23 percent to $12.69 million. There were no imports.
  • Trade with No. 4 Port of San Juan, Puerto Rico fell 10.22 percent to $7.17 million.
    Exports fell 10.13 percent to $7.15 million. Imports fell 33.65 percent to $18,800.
  • Trade with No. 5 Low-Valued Imports and Exports fell 28.51 percent to $5.66 million.
    Exports fell 28.51 percent to $5.66 million. There were no imports.

British Virgin Islands ranked No. 110 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 121.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to British Virgin Islands by value through February were the categories of Civilian aircraft, parts; Low value shipments; Gasoline, other fuels; Motorboats and yachts; and Jewelry, parts, respectively. They accounted for 68.95 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; Misc. engines and motors, parts; Salvage; Athletic, other textile shoes; and Saws, drills and other hand tools –– accounted for 89.04 percent of all inbound shipments.

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

  • Civilian aircraft, parts rose 154183 percent compared to last year to $58.24 million.
  • Low value shipments fell 28.51 percent compared to last year to $5.66 million.
  • Gasoline, other fuels fell 45.86 percent compared to last year to $4.3 million.
  • Motorboats and yachts rose 159.06 percent compared to last year to $3.24 million.
  • Jewelry, parts rose 7983.39 percent compared to last year to $1.67 million.

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

  • Value added to a returned import fell 82.66 percent compared to last year to $364,158.
  • Misc. engines and motors, parts rose 29.23 percent compared to last year to $124,258.
  • Salvage rose 34.13 percent compared to last year to $43,808.
  • Athletic, other textile shoes totaled $37,158. The previous year, there were no imports in this category.
  • Saws, drills and other hand tools totaled $24,542. The previous year, there were no imports in this category.

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.