Liechtenstein

Liechtenstein ranked No. 121 in total trade value through May with a total of $125.77 million. Exports totaled $23.79 million and Imports totaled $101.98 million, a deficit of $78.19 million.

U.S. trade with Liechtenstein rose to $108.7 million through May

Liechtenstein’s trade with the United States rose to $108.7 million through the first five months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 3.44 percent above its total trade during the same time period last year. U.S. exports to Liechtenstein increased 255.22 percent while U.S. imports from Liechtenstein fell 10.49 percent. The U.S. deficit with Liechtenstein was $69.57 million.

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 Newark; No. 3 Buffalo Peace Bridge, NY; No. 4 Port of Charleston; and No. 5 Port of Houston. During the same period the previous year, the top five were No. 1 Buffalo Peace Bridge, NY; No. 2 Port of Newark; No. 3 John F. Kennedy International Airport; No. 4 Port of Los Angeles and No. 5 Port of Charleston. In the current time period, the top five accounted for 63.07 percent of Liechtenstein’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport rose 76.5 percent to $30.69 million.
    Exports rose 1610.55 percent to $13.46 million. Imports rose 3.79 percent to $17.23 million.
  • Trade with No. 2 Port of Newark fell 25.98 percent to $16.4 million.
    Exports rose 990.32 percent to $97,300. Imports fell 26.39 percent to $16.3 million.
  • Trade with No. 3 Buffalo Peace Bridge, NY fell 45.23 percent to $12.84 million.
    Exports totaled $80,663. Imports fell 45.58 percent to $12.76 million.
  • Trade with No. 4 Port of Charleston fell 0.93 percent to $9.85 million.
    Exports rose 64.29 percent to $57,500. Imports fell 1.16 percent to $9.79 million.
  • Trade with No. 5 Port of Houston fell 3.7 percent to $9.54 million.
    Exports totaled $21,510. Imports fell 3.92 percent to $9.52 million.

Liechtenstein ranked No. 121 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 131.

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 Liechtenstein by value through May were the categories of Original sculptures and statues; Paintings, drawings and other artwork; Miscellaneous electrical machinery; Medical instruments; and Handsaws & Met Pts; Saw Blades; Base Mtl Saw 8202, respectively. They accounted for 76.57 percent of total exports to Liechtenstein.

The value of the top five categories of U.S. imports from Liechtenstein –– Iron or steel nails, tacks, drawing pins; Motor vehicle parts; Prep Pigments Etc For Ceramic Etc Indust; Fri 3207; Miscellaneous electrical machinery; and Electrical supplies, apparatus, less than 1000V –– accounted for 52.91 percent of all inbound shipments.

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

  • Original sculptures and statues totaled $6.59 million. The previous year, there were no exports in this category.
  • Paintings, drawings and other artwork rose 95093 percent compared to last year to $5.95 million.
  • Miscellaneous electrical machinery rose 20096 percent compared to last year to $2.87 million.
  • Medical instruments rose 75.32 percent compared to last year to $1.82 million.
  • Handsaws & Met Pts; Saw Blades; Base Mtl Saw 8202 fell 9.59 percent compared to last year to $987,856.

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

  • Iron or steel nails, tacks, drawing pins rose 0.36 percent compared to last year to $17.51 million.
  • Motor vehicle parts fell 29.04 percent compared to last year to $10.25 million.
  • Prep Pigments Etc For Ceramic Etc Indust; Fri 3207 fell 18.27 percent compared to last year to $9.74 million.
  • Miscellaneous electrical machinery fell 53 percent compared to last year to $8.44 million.
  • Electrical supplies, apparatus, less than 1000V rose 9.24 percent compared to last year to $8.02 million.

In the latest annual figures available, Liechtenstein recorded $345.27 million in trade with the United States. Total U.S. exports to Liechtenstein were $ 18.06 million and imports from Liechtenstein were $327.22 million. The U.S. deficit with Liechtenstein was $309.16 million.