Christmas Island

Christmas Island ranked No. 217 in total trade value through May with a total of $1.45 million. Exports totaled $1.4 million and Imports totaled $50,208, a surplus of $1.35 million.

U.S. trade with Christmas Island rose to $1 million through May

Christmas Island’s trade with the United States rose to $1 million through the first five months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 66.41 percent above its total trade during the same time period last year. U.S. exports to Christmas Island increased 98.45 percent while U.S. imports from Christmas Island fell 62.61 percent. The U.S. surplus with Christmas Island was $914,420.

Through May, the top five among the nation’s airports, seaports and border crossings were No. 1 John F. Kennedy International Airport; No. 2 Port of Seattle, Wash.; No. 3 Port of Los Angeles; No. 4 Low-Valued Imports and Exports; and No. 5 Port Laredo. During the same period the previous year, the top five were No. 1 John F. Kennedy International Airport; No. 2 Port of New York; No. 3 Miami Int’l Airport; No. 4 Port of Newark and No. 5 Low-Valued Imports and Exports. In the current time period, the top five accounted for 90.61 percent of Christmas Island’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport rose 98.54 percent to $679,910.
    Exports rose 98.2 percent to $678,740. Imports totaled $1,170.
  • Trade with No. 2 Port of Seattle, Wash. totaled $410,720.
    Exports totaled $410,720. There were no imports.
  • Trade with No. 3 Port of Los Angeles totaled $85,210.
    Exports totaled $85,210. There were no imports.
  • Trade with No. 4 Low-Valued Imports and Exports rose 168.32 percent to $70,343.
    Exports rose 168.32 percent to $70,343. There were no imports.
  • Trade with No. 5 Port Laredo totaled $67,530.
    Exports totaled $63,072. Imports totaled $4,458.

Christmas Island ranked No. 217 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 224.

Meanwhile, total U.S. trade with the world increased to $1.48 trillion, down 64.27 percent compared to the same period last year. The nation’s exports dropped 64.62 percent to $582.11 billion; imports dropped 64.04 percent to $898.44 billion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $316.33 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Christmas Island by value through May were the categories of Paintings, drawings and other artwork; Worn clothing, other worn textile articles; Medical instruments; Low value shipments; and Cotton, respectively. They accounted for 86.58 percent of total exports to Christmas Island.

The value of the top five categories of U.S. imports from Christmas Island –– Cell phones, related equipment; Estimates of low-value imports; Electrical resistors, except heating resistors; Compressors and pumps; and Electrical supplies, apparatus, less than 1000V –– accounted for 97.67 percent of all inbound shipments.

Looking more closely at U.S. exports to Christmas Island:

  • Paintings, drawings and other artwork totaled $415,000. The previous year, there were no exports in this category.
  • Worn clothing, other worn textile articles totaled $410,720. The previous year, there were no exports in this category.
  • Medical instruments rose 342.8 percent compared to last year to $263,740.
  • Low value shipments rose 168.32 percent compared to last year to $70,343.
  • Cotton totaled $52,020. The previous year, there were no exports in this category.

Looking more closely at U.S. imports from Christmas Island:

  • Cell phones, related equipment totaled $24,063. The previous year, there were no imports in this category.
  • Estimates of low-value imports fell 28.81 percent compared to last year to $8,260.
  • Electrical resistors, except heating resistors totaled $7,225. The previous year, there were no imports in this category.
  • Compressors and pumps fell 88.93 percent compared to last year to $5,032.
  • Electrical supplies, apparatus, less than 1000V totaled $4,458. The previous year, there were no imports in this category.

In the latest annual figures available, Christmas Island recorded $2.11 million in trade with the United States. Total U.S. exports to Christmas Island were $ 1.6 million and imports from Christmas Island were $516,308. The U.S. surplus with Christmas Island was $1.08 million.