Heard and McDonald Islands

Heard and McDonald Islands ranked No. 231 in total trade value through June with a total of $118,833. Exports totaled $116,409 and Imports totaled $2,424, a surplus of $113,985.

U.S. trade with Heard and McDonald Islands rose to $118,833 through June

Heard and McDonald Islands’s trade with the United States rose to $118,833 through the first six months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 7.87 percent above its total trade during the same time period last year. U.S. exports to Heard and McDonald Islands increased 19 percent while U.S. imports from Heard and McDonald Islands fell 80.36 percent. The U.S. surplus with Heard and McDonald Islands was $113,985.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 Port Laredo; No. 2 Brownsville International Bridges; No. 3 Low-Valued Imports and Exports; No. 4 Port of New Orleans; and No. 5 Port of Panama City, Fla.. During the same period the previous year, the top five were No. 1 Port of New Orleans; No. 2 Port Laredo; No. 3 Low-Valued Imports and Exports; No. 4 Cleveland’s Hopkins International Airport, Ohio and No. 5 Low Value. In the current time period, the top five accounted for 97.96 percent of Heard and McDonald Islands’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port Laredo rose 80.99 percent to $78,876.
    Exports rose 80.99 percent to $78,876. There were no imports.
  • Trade with No. 2 Brownsville International Bridges totaled $25,837.
    Exports totaled $25,837. There were no imports.
  • Trade with No. 3 Low-Valued Imports and Exports rose 8.38 percent to $5,420.
    Exports rose 8.38 percent to $5,420. There were no imports.
  • Trade with No. 4 Port of New Orleans fell 93.96 percent to $3,651.
    Exports fell 92.59 percent to $3,651. There were no imports.
  • Trade with No. 5 Port of Panama City, Fla. totaled $2,625.
    Exports totaled $2,625. 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. 229.

Meanwhile, total U.S. trade with the world increased to $1.77 trillion, down 57.4 percent compared to the same period last year. The nation’s exports dropped 58.23 percent to $687.16 billion; imports dropped 56.85 percent to $1.08 trillion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $391.01 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Heard and McDonald Islands by value through June were the categories of Clasps, Buckles, Hooks Etc, Beads & Spang, B 8308; Sulfur, not sublimed; Screws, nuts, bolts, washers; Low value shipments; and Corrective lens, goggles, protective eyewear, respectively. They accounted for 97.75 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 –– Estimates of low-value imports; and Seats, excluding barber, dental –– accounted for 100 percent of all inbound shipments.

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

  • Clasps, Buckles, Hooks Etc, Beads & Spang, B 8308 totaled $67,288. The previous year, there were no exports in this category.
  • Sulfur, not sublimed totaled $25,837. The previous year, there were no exports in this category.
  • Screws, nuts, bolts, washers totaled $11,588. The previous year, there were no exports in this category.
  • Low value shipments rose 8.38 percent compared to last year to $5,420.
  • Corrective lens, goggles, protective eyewear totaled $3,651. The previous year, there were no exports in this category.

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

  • Estimates of low-value imports rose 1997.37 percent compared to last year to $1,594.
  • Seats, excluding barber, dental totaled $830. The previous year, there were no imports in this category.

In the latest annual figures available, Heard and McDonald Islands recorded $285,646 in trade with the United States. Total U.S. exports to Heard and McDonald Islands were $ 121,719 and imports from Heard and McDonald Islands were $163,927. The U.S. deficit with Heard and McDonald Islands was $42,208.