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Kiribati

Kiribati ranked No. 213 in total trade value through February with a total of $1.2 million. Exports totaled $643,501 and Imports totaled $558,551, a surplus of $84,950.

U.S. trade with Kiribati rose to $1.2 million through February

Kiribati’s trade with the United States rose to $1.2 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 80.08 percent above its total trade during the same time period last year. Kiribati’s exports increased 92.76 percent while imports rose 67.41 percent. The U.S. surplus with Kiribati was $84,950.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Los Angeles International Airport; No. 2 Honolulu International Airport, Hawaii; No. 3 Low-Valued Imports and Exports; No. 4 Port of Honolulu, Hawaii; and No. 5 Port of Long Beach. During the same period the previous year, the top five were No. 1 Honolulu International Airport, Hawaii No. 2 Port of Los Angeles No. 3 Los Angeles International Airport No. 4 Port of Honolulu, Hawaii and No. 5 Low-Valued Imports and Exports. In the current time period, the top five accounted for 93.1 percent of Kiribati’s U.S. trade.

Among those top five:

  • Trade with No. 1 Los Angeles International Airport rose 297.02 percent to $354,615.
    Exports rose 223.02 percent to $87,864. Imports rose 329.43 percent to $266,751.
  • Trade with No. 2 Honolulu International Airport, Hawaii rose 24.19 percent to $260,696.
    Exports totaled $11,745. Imports rose 18.6 percent to $248,951.
  • Trade with No. 3 Low-Valued Imports and Exports rose 306.35 percent to $219,903.
    Exports rose 306.35 percent to $219,903. There were no imports.
  • Trade with No. 4 Port of Honolulu, Hawaii rose 200.13 percent to $188,300.
    Exports rose 200.13 percent to $188,300. There were no imports.
  • Trade with No. 5 Port of Long Beach totaled $95,576.
    Exports totaled $95,576. There were no imports.

Kiribati ranked No. 213 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 212.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Kiribati by value through February were the categories of Low value shipments; Non-electric industrial, lab furnaces, ovens, parts; Fishing rods, tackle, nets, decoys; Miscellaneous electrical machinery; and Beer, respectively. They accounted for 65.62 percent of total exports to Kiribati.

The value of the top five categories of U.S. imports from Kiribati –– Fish, fresh or chilled; Live fish; and Salvage –– accounted for 100 percent of all inbound shipments.

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

  • Low value shipments rose 306.35 percent compared to last year to $219,903.
  • Non-electric industrial, lab furnaces, ovens, parts totaled $58,990. The previous year, there were no exports in this category.
  • Fishing rods, tackle, nets, decoys totaled $52,498. The previous year, there were no exports in this category.
  • Miscellaneous electrical machinery rose 1182.35 percent compared to last year to $48,306.
  • Beer rose 139.26 percent compared to last year to $42,574.

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

  • Fish, fresh or chilled rose 340.21 percent compared to last year to $301,898.
  • Live fish rose 5.09 percent compared to last year to $213,804.
  • Salvage rose 32.81 percent compared to last year to $42,849.

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.