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Cocos (Keeling) Island

Cocos (Keeling) Island ranked No. 221 in total trade value through August with a total of $1.84 million. Exports totaled $34,180 and Imports totaled $1.81 million, a deficit of $1.78 million.

January – August 2019

Top Trading Ports

Total Trade: $1.84 million

RankPortTotal YTD
1Port of Long Beach $1,656,275
2Cleveland’s Hopkins International Airport, Ohio $51,405
3Port of Savannah, Ga. $47,040
4Port of Newark $21,698
5Low Value $18,132
6Port of Los Angeles $16,342
7Buffalo Peace Bridge, NY $12,016
8Miami International Airport $8,663
9Port of New York $6,074
10Port of New Orleans $4,312

U.S. trade with Cocos (Keeling) Island rose to $1.84 million through August

Cocos (Keeling) Island’s trade with the United States rose to $1.84 million through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 8.08 percent below its total trade during the same time period last year. U.S. exports to Cocos (Keeling) Island decreased 70.95 percent while U.S. imports from Cocos (Keeling) Island fell 4.17 percent. The U.S. deficit with Cocos (Keeling) Island was $1.78 million.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Long Beach; No. 2 Cleveland’s Hopkins International Airport, Ohio; No. 3 Port of Savannah, Ga.; No. 4 Port of Newark; and No. 5 Low Value. During the same period the previous year, the top five were No. 1 Chicago O’Hare International Airport No. 2 Port of Long Beach No. 3 Port of Los Angeles No. 4 Port Miami and No. 5 Port of Tacoma, Wash.. In the current time period, the top five accounted for 97.33 percent of Cocos (Keeling) Island’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Long Beach rose 554.46 percent to $1.66 million.
    Exports rose 46.6 percent to $13,300. Imports rose 573.34 percent to $1.64 million.
  • Trade with No. 2 Cleveland’s Hopkins International Airport, Ohio totaled $51,405.
    There were no exports. Imports totaled $51,405.
  • Trade with No. 3 Port of Savannah, Ga. rose 1.9 percent to $47,040.
    There were no exports. Imports rose 1.9 percent to $47,040.
  • Trade with No. 4 Port of Newark rose 46.32 percent to $21,698.
    There were no exports. Imports rose 46.32 percent to $21,698.
  • Trade with No. 5 Low Value rose 25.84 percent to $18,132.
    There were no exports. Imports rose 25.84 percent to $18,132.

Cocos (Keeling) Island ranked No. 221 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 217.

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 Cocos (Keeling) Island by value through August were the categories of Computers; Prepared foods, beverages; Trailers and similar vehicles; Books, brochures; and Misc. medical chemical re-agents, respectively. They accounted for 94.64 percent of total exports to Cocos (Keeling) Island.

The value of the top five categories of U.S. imports from Cocos (Keeling) Island –– Computers; TVs, computer monitors; Bells, ornaments, photo frames, etc.; Furniture, parts; and Computer chips –– accounted for 95.06 percent of all inbound shipments.

Looking more closely at U.S. exports to Cocos (Keeling) Island:

  • Computers totaled $8,663. The previous year, there were no exports in this category.
  • Prepared foods, beverages totaled $7,140. The previous year, there were no exports in this category.
  • Trailers and similar vehicles totaled $6,160. The previous year, there were no exports in this category.
  • Books, brochures totaled $6,074. The previous year, there were no exports in this category.
  • Misc. medical chemical re-agents totaled $4,312. The previous year, there were no exports in this category.

Looking more closely at U.S. imports from Cocos (Keeling) Island:

  • Computers rose 106.95 percent compared to last year to $1.49 million.
  • TVs, computer monitors totaled $133,002. The previous year, there were no imports in this category.
  • Bells, ornaments, photo frames, etc. rose 358.97 percent compared to last year to $47,040.
  • Furniture, parts fell 74.23 percent compared to last year to $29,078.
  • Computer chips totaled $23,898. The previous year, there were no imports in this category.

In the latest annual figures available, Cocos (Keeling) Island recorded $1.93 million in trade with the United States. At year’s end, its were Los Angeles; Miami; New York City; Houston; and Boston. Total U.S. exports to Cocos (Keeling) Island were $ 452,079 and imports from Cocos (Keeling) Island were $1.48 million. The U.S. deficit with Cocos (Keeling) Island was $1.03 million.