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Cook Islands

Cook Islands ranked No. 214 in total trade value through August with a total of $3.74 million. Exports totaled $3.33 million and Imports totaled $416,077, a surplus of $2.91 million.

U.S. trade with Cook Islands rose to $3.74 million through August

Cook Islands’s trade with the United States rose to $3.74 million through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 40.36 percent below its total trade during the same time period last year. U.S. exports to Cook Islands decreased 37.75 percent while U.S. imports from Cook Islands fell 55.32 percent. The U.S. surplus with Cook Islands was $2.91 million.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Honolulu, Hawaii; No. 2 Houston’s George Bush Intercontinental Airport, Texas; No. 3 Low-Valued Imports and Exports; No. 4 Los Angeles International Airport; and No. 5 Cleveland’s Hopkins International Airport, Ohio. During the same period the previous year, the top five were No. 1 Port of Honolulu, Hawaii No. 2 Low-Valued Imports and Exports No. 3 Port of Hilo, Hawaii No. 4 Port of Oakland, Calif. and No. 5 John F. Kennedy International Airport. In the current time period, the top five accounted for 75.71 percent of Cook Islands’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Honolulu, Hawaii rose 15.36 percent to $1.51 million.
    Exports rose 15.36 percent to $1.51 million. There were no imports.
  • Trade with No. 2 Houston’s George Bush Intercontinental Airport, Texas rose 917.89 percent to $413,162.
    Exports rose 917.89 percent to $413,162. There were no imports.
  • Trade with No. 3 Low-Valued Imports and Exports fell 62.55 percent to $356,420.
    Exports fell 62.55 percent to $356,420. There were no imports.
  • Trade with No. 4 Los Angeles International Airport rose 6.89 percent to $301,555.
    Exports fell 10.83 percent to $245,519. Imports rose 728.2 percent to $56,036.
  • Trade with No. 5 Cleveland’s Hopkins International Airport, Ohio fell 14.87 percent to $250,521.
    Exports fell 27.63 percent to $184,391. Imports rose 67.49 percent to $66,130.

Cook Islands ranked No. 214 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 211.

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 Cook Islands by value through August were the categories of Chicken and other poultry; Low value shipments; Cell phones, related equipment; Civilian aircraft, parts; and Pork meat, fresh, frozen or chilled, respectively. They accounted for 69.87 percent of total exports to Cook Islands.

The value of the top five categories of U.S. imports from Cook Islands –– Motor vehicle parts; Collectors items of historic or botanic interest; Athletic, other textile shoes; Vehicle audio systems; and Navigational equipment –– accounted for 58.84 percent of all inbound shipments.

Looking more closely at U.S. exports to Cook Islands:

  • Chicken and other poultry fell 9.03 percent compared to last year to $1.25 million.
  • Low value shipments fell 62.55 percent compared to last year to $356,420.
  • Cell phones, related equipment fell 4.13 percent compared to last year to $266,012.
  • Civilian aircraft, parts fell 83.04 percent compared to last year to $251,094.
  • Pork meat, fresh, frozen or chilled fell 46.45 percent compared to last year to $200,441.

Looking more closely at U.S. imports from Cook Islands:

  • Motor vehicle parts rose 53.63 percent compared to last year to $70,168.
  • Collectors items of historic or botanic interest totaled $66,130. The previous year, there were no imports in this category.
  • Athletic, other textile shoes totaled $54,200. The previous year, there were no imports in this category.
  • Vehicle audio systems totaled $27,500. The previous year, there were no imports in this category.
  • Navigational equipment rose 88.86 percent compared to last year to $26,811.

In the latest annual figures available, Cook Islands recorded $8.73 million in trade with the United States. At year’s end, its were Honolulu; Cleveland; Los Angeles; San Francisco; and Low Value Shipments. Total U.S. exports to Cook Islands were $ 5.24 million and imports from Cook Islands were $3.49 million. The U.S. surplus with Cook Islands was $1.76 million.