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Kiribati

Kiribati ranked No. 215 in total trade value through August with a total of $3.74 million. Exports totaled $1.57 million and Imports totaled $2.17 million, a deficit of $604,727.

January – August 2019

Top Trading Ports

Total Trade: $3.74 million

RankPortTotal YTD
1Honolulu International Airport, Hawaii $994,801
2Los Angeles International Airport $706,802
3Low-Valued Imports and Exports $546,305
4Port of Los Angeles $528,451
5Port of Honolulu, Hawaii $477,594
6Low Value $191,487
7Port of Long Beach $126,922
8Port of Newark $43,722
9Port of Houston $31,000
10Port of San Diego, Calif. $26,133

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

Kiribati’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 23.88 percent below its total trade during the same time period last year. U.S. exports to Kiribati decreased 54.94 percent while U.S. imports from Kiribati rose 51.4 percent. The U.S. deficit with Kiribati was $604,727.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 Honolulu International Airport, Hawaii; No. 2 Los Angeles International Airport; No. 3 Low-Valued Imports and Exports; No. 4 Port of Los Angeles; and No. 5 Port of Honolulu, Hawaii. During the same period the previous year, the top five were No. 1 Port of Kahului, Hawaii No. 2 Low-Valued Imports and Exports No. 3 Honolulu International Airport, Hawaii No. 4 Los Angeles International Airport and No. 5 Port of Honolulu, Hawaii. In the current time period, the top five accounted for 87.1 percent of Kiribati’s U.S. trade.

Among those top five:

  • Trade with No. 1 Honolulu International Airport, Hawaii rose 39.59 percent to $994,801.
    Exports totaled $43,659. Imports rose 33.47 percent to $951,142.
  • Trade with No. 2 Los Angeles International Airport rose 18.39 percent to $706,802.
    Exports fell 8.61 percent to $194,541. Imports rose 33.35 percent to $512,261.
  • Trade with No. 3 Low-Valued Imports and Exports fell 52.83 percent to $546,305.
    Exports fell 52.83 percent to $546,305. There were no imports.
  • Trade with No. 4 Port of Los Angeles rose 108.09 percent to $528,451.
    Exports fell 51.16 percent to $63,492. Imports rose 275.1 percent to $464,959.
  • Trade with No. 5 Port of Honolulu, Hawaii rose 85.72 percent to $477,594.
    Exports rose 85.72 percent to $477,594. There were no imports.

Kiribati ranked No. 215 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 214.

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 Kiribati by value through August were the categories of Low value shipments; Beer; Cell phones, related equipment; Sugar and starch residues; and Non-electric industrial, lab furnaces, ovens, parts, respectively. They accounted for 54.75 percent of total exports to Kiribati.

The value of the top five categories of U.S. imports from Kiribati –– Live fish; Fish, fresh or chilled; Fish fillets, chilled or frozen; Salvage; and Frozen fish –– accounted for 97 percent of all inbound shipments.

Looking more closely at U.S. exports to Kiribati:

  • Low value shipments fell 52.83 percent compared to last year to $546,305.
  • Beer rose 81.73 percent compared to last year to $110,372.
  • Cell phones, related equipment fell 11.96 percent compared to last year to $77,956.
  • Sugar and starch residues totaled $63,492. The previous year, there were no exports in this category.
  • Non-electric industrial, lab furnaces, ovens, parts totaled $58,990. The previous year, there were no exports in this category.

Looking more closely at U.S. imports from Kiribati:

  • Live fish rose 13.93 percent compared to last year to $800,996.
  • Fish, fresh or chilled rose 55.53 percent compared to last year to $604,166.
  • Fish fillets, chilled or frozen rose 275.1 percent compared to last year to $464,959.
  • Salvage rose 15.51 percent compared to last year to $191,487.
  • Frozen fish totaled $43,722. The previous year, there were no imports in this category.

In the latest annual figures available, Kiribati recorded $8.62 million in trade with the United States. At year’s end, its were Los Angeles; Low Value Shipments; Honolulu; New York City; and Cleveland. Total U.S. exports to Kiribati were $ 4.93 million and imports from Kiribati were $3.69 million. The U.S. surplus with Kiribati was $1.24 million.