Cook Islands

Cook Islands ranked No. 208 in total trade value through May with a total of $3.49 million. Exports totaled $1.51 million and Imports totaled $1.97 million, a deficit of $461,005.

U.S. trade with Cook Islands rose to $3.39 million through May

Cook Islands’s trade with the United States rose to $3.39 million through the first five months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 54.2 percent above its total trade during the same time period last year. U.S. exports to Cook Islands decreased 28.29 percent while U.S. imports from Cook Islands rose 800.96 percent. The U.S. deficit with Cook Islands was $550,004.

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 Oakland, Calif.; No. 3 Los Angeles International Airport; No. 4 Cleveland’s Hopkins International Airport, Ohio; and No. 5 Low-Valued Imports and Exports. During the same period the previous year, the top five were No. 1 Port of Honolulu, Hawaii; No. 2 Houston Int’l Airport; No. 3 Low-Valued Imports and Exports; No. 4 Cleveland’s Hopkins International Airport, Ohio and No. 5 Los Angeles International Airport. In the current time period, the top five accounted for 89.15 percent of Cook Islands’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport rose 13929 percent to $1.77 million.
    There were no exports. Imports rose 13929 percent to $1.77 million.
  • Trade with No. 2 Port of Oakland, Calif. rose 592.02 percent to $718,544.
    Exports rose 592.02 percent to $718,544. There were no imports.
  • Trade with No. 3 Los Angeles International Airport rose 58.73 percent to $294,899.
    Exports rose 59.62 percent to $285,065. Imports rose 36.7 percent to $9,834.
  • Trade with No. 4 Cleveland’s Hopkins International Airport, Ohio fell 13.77 percent to $169,803.
    Exports rose 13.27 percent to $148,140. Imports fell 67.24 percent to $21,663.
  • Trade with No. 5 Low-Valued Imports and Exports fell 30.31 percent to $159,423.
    Exports fell 30.31 percent to $159,423. There were no imports.

Cook Islands ranked No. 208 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 209.

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 Cook Islands by value through May were the categories of Chicken and other poultry; Miscellaneous electrical machinery; Low value shipments; Civilian aircraft, parts; and Pork meat, fresh, frozen or chilled, respectively. They accounted for 75.92 percent of total exports to Cook Islands.

The value of the top five categories of U.S. imports from Cook Islands –– Plasma, vaccines, blood; Glass Beads Etc & Articles Nesoi, Lw Glass Or 7018; Refrigerators, freezers; Women’s or girls’ suits, not knit; and Insulated wire, cable –– accounted for 95.88 percent of all inbound shipments.

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

  • Chicken and other poultry fell 42.31 percent compared to last year to $492,823.
  • Miscellaneous electrical machinery rose 19.88 percent compared to last year to $183,356.
  • Low value shipments fell 30.31 percent compared to last year to $159,423.
  • Civilian aircraft, parts fell 3.79 percent compared to last year to $159,293.
  • Pork meat, fresh, frozen or chilled rose 43.69 percent compared to last year to $153,935.

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

  • Plasma, vaccines, blood totaled $1.77 million. The previous year, there were no imports in this category.
  • Glass Beads Etc & Articles Nesoi, Lw Glass Or 7018 totaled $73,010. The previous year, there were no imports in this category.
  • Refrigerators, freezers totaled $21,666. The previous year, there were no imports in this category.
  • Women’s or girls’ suits, not knit totaled $16,057. The previous year, there were no imports in this category.
  • Insulated wire, cable totaled $15,883. The previous year, there were no imports in this category.

In the latest annual figures available, Cook Islands recorded $11.15 million in trade with the United States. Total U.S. exports to Cook Islands were $ 10.65 million and imports from Cook Islands were $508,881. The U.S. surplus with Cook Islands was $10.14 million.