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Heard and McDonald Islands

Heard and McDonald Islands ranked No. 231 in total trade value through October with a total of $184,803. Exports totaled $87,976 and Imports totaled $96,827, a deficit of $8,851.

U.S. trade with Heard and McDonald Islands rose to $184,803 through October

Heard and McDonald Islands’s trade with the United States rose to $184,803 through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 51.19 percent below its total trade during the same time period last year. Heard and McDonald Islands’s exports increased 8.85 percent while imports fell 67.49 percent. The U.S. deficit with Heard and McDonald Islands was $8,851.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Los Angeles International Airport; No. 2 Port Laredo; No. 3 Port of New Orleans; No. 4 Brownsville International Bridges; and No. 5 Port Miami. During the same period the previous year, the top five were No. 1 Port of Mobile, Ala. No. 2 Port Laredo No. 3 Dulles International Airport, Washington D.C., Va. No. 4 Cleveland’s Hopkins International Airport, Ohio and No. 5 Low-Valued Imports and Exports. In the current time period, the top five accounted for 91.51 percent of Heard and McDonald Islands’s U.S. trade.

Among those top five:

  • Trade with No. 1 Los Angeles International Airport totaled $89,928.
    There were no exports. Imports totaled $89,928.
  • Trade with No. 2 Port Laredo fell 47.63 percent to $37,000.
    Exports fell 47.63 percent to $37,000. There were no imports.
  • Trade with No. 3 Port of New Orleans totaled $16,471.
    Exports totaled $16,471. There were no imports.
  • Trade with No. 4 Brownsville International Bridges totaled $16,453.
    Exports totaled $16,453. There were no imports.
  • Trade with No. 5 Port Miami totaled $9,270.
    Exports totaled $9,270. There were no imports.

Heard and McDonald Islands ranked No. 231 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 230.

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 Heard and McDonald Islands by value through October were the categories of Zinc Bars, Rods, Profiles and Wire 7904; Unrecorded media for audio; Miscellaneous machines, parts; Computers; and Hardware for fixtures, respectively. They accounted for 90.02 percent of total exports to Heard and McDonald Islands.

The value of the top five categories of U.S. imports from Heard and McDonald Islands –– Essential oil resins; Automatic regulating instruments, parts; and Salvage –– accounted for 100 percent of all inbound shipments.

Looking more closely at U.S. exports to Heard and McDonald Islands:

  • Zinc Bars, Rods, Profiles and Wire 7904 totaled $23,912. The previous year, there were no exports in this category.
  • Unrecorded media for audio totaled $16,471. The previous year, there were no exports in this category.
  • Miscellaneous machines, parts totaled $16,453. The previous year, there were no exports in this category.
  • Computers rose 307.47 percent compared to last year to $13,088.
  • Hardware for fixtures totaled $9,270. The previous year, there were no exports in this category.

Looking more closely at U.S. imports from Heard and McDonald Islands:

  • Essential oil resins totaled $89,928. The previous year, there were no imports in this category.
  • Automatic regulating instruments, parts totaled $5,713. The previous year, there were no imports in this category.
  • Salvage fell 63.04 percent compared to last year to $1,186.

In the latest annual figures available, Heard and McDonald Islands recorded $450,149 in trade with the United States. At year’s end, its were Mobile; Laredo; Miami; San Diego; and Low Value Shipments. Total U.S. exports to Heard and McDonald Islands were $ 125,829 and imports from Heard and McDonald Islands were $324,320. The U.S. deficit with Heard and McDonald Islands was $198,491.