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Cocos (Keeling) Island

Cocos (Keeling) Island ranked No. 218 in total trade value through October with a total of $2.7 million. Exports totaled $340,783 and Imports totaled $2.36 million, a deficit of $2.02 million.

January – October 2018

Top Trading Ports

Total Trade: $2.7 million

RankPortTotal YTD
1Chicago O’Hare International Airport $768,422
2Port of Los Angeles $308,145
3Miami International Airport $255,285
4Port of Long Beach $253,074
5San Francisco International Airport, Calif. $245,079
6Port Miami $125,910
7Port of Tacoma, Wash. $113,539
8Port of Houston $112,865
9Minneapolis-St. Paul International Airport, Minn. $102,380
10Los Angeles International Airport $62,095

U.S. trade with Cocos (Keeling) Island rose to $2.7 million through October

Cocos (Keeling) Island’s trade with the United States rose to $2.7 million through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 49.69 percent above its total trade during the same time period last year. Cocos (Keeling) Island’s exports decreased 17.24 percent while imports rose 69.51 percent. The U.S. deficit with Cocos (Keeling) Island was $2.02 million.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Chicago O’Hare International Airport; No. 2 Port of Los Angeles; No. 3 Miami International Airport; No. 4 Port of Long Beach; and No. 5 San Francisco International Airport, Calif.. During the same period the previous year, the top five were No. 1 Port of Los Angeles No. 2 Miami International Airport No. 3 Port of Houston No. 4 Port of Newark and No. 5 Boston’s Logan International Airport. In the current time period, the top five accounted for 67.83 percent of Cocos (Keeling) Island’s U.S. trade.

Among those top five:

  • Trade with No. 1 Chicago O’Hare International Airport rose 1363.91 percent to $768,422.
    There were no exports. Imports rose 1363.91 percent to $768,422.
  • Trade with No. 2 Port of Los Angeles fell 39.26 percent to $308,145.
    Exports totaled $5,817. Imports fell 40.4 percent to $302,328.
  • Trade with No. 3 Miami International Airport rose 88.93 percent to $255,285.
    Exports rose 116.92 percent to $255,285. There were no imports.
  • Trade with No. 4 Port of Long Beach rose 1479.94 percent to $253,074.
    Exports totaled $9,072. Imports rose 1423.3 percent to $244,002.
  • Trade with No. 5 San Francisco International Airport, Calif. rose 1228.05 percent to $245,079.
    There were no exports. Imports rose 1228.05 percent to $245,079.

Cocos (Keeling) Island ranked No. 218 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 221.

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 Cocos (Keeling) Island by value through October were the categories of Cell phones, related equipment; Equipment, parts for exercising; Hats, headgear, knit, lace; Fishing rods, tackle, nets, decoys; and Power supplies, transformers, respectively. They accounted for 93.02 percent of total exports to Cocos (Keeling) Island.

The value of the top five categories of U.S. imports from Cocos (Keeling) Island –– Computers; Women’s or girls’ overcoats, etc.; Respiration equipment, etc.; Self-propelled heavy construction machinery; and Furniture, parts –– accounted for 62.33 percent of all inbound shipments.

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

  • Cell phones, related equipment rose 8403.89 percent compared to last year to $242,361.
  • Equipment, parts for exercising rose 70.63 percent compared to last year to $52,000.
  • Hats, headgear, knit, lace totaled $9,072. The previous year, there were no exports in this category.
  • Fishing rods, tackle, nets, decoys totaled $6,939. The previous year, there were no exports in this category.
  • Power supplies, transformers fell 90.75 percent compared to last year to $6,638.

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

  • Computers totaled $963,737. The previous year, there were no imports in this category.
  • Women’s or girls’ overcoats, etc. totaled $153,209. The previous year, there were no imports in this category.
  • Respiration equipment, etc. totaled $125,910. The previous year, there were no imports in this category.
  • Self-propelled heavy construction machinery totaled $113,539. The previous year, there were no imports in this category.
  • Furniture, parts rose 3836.27 percent compared to last year to $112,853.

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.