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Martinique

Martinique ranked No. 150 in total trade value through October with a total of $195.81 million. Exports totaled $186.94 million and Imports totaled $8.87 million, a surplus of $178.07 million.

January – October 2018

Top Trading Ports

Total Trade: $195.81 million

RankPortTotal YTD
1Christiansted Port Terminal, U.S. Virgin Islands $99,052,422
2Port of San Juan, Puerto Rico $20,275,350
3Low-Valued Imports and Exports $16,134,828
4Port Miami $13,308,880
5Port of New York $8,070,517
6Port of Houston $4,917,995
7Port of Mobile, Ala. $4,779,578
8Port of Frederiksted, V.I. $4,452,749
9Port of Savannah, Ga. $4,427,527
10Port of Palm Beach, Fla. $3,816,500

U.S. trade with Martinique rose to $195.81 million through October

Martinique’s trade with the United States rose to $195.81 million through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 42.45 percent above its total trade during the same time period last year. Martinique’s exports increased 41.81 percent while imports rose 57.33 percent. The U.S. surplus with Martinique was $178.07 million.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Christiansted Port Terminal, U.S. Virgin Islands; No. 2 Port of San Juan, Puerto Rico; No. 3 Low-Valued Imports and Exports; No. 4 Port Miami; and No. 5 Port of New York. During the same period the previous year, the top five were No. 1 Christiansted Port Terminal, U.S. Virgin Islands No. 2 Low-Valued Imports and Exports No. 3 Port Miami No. 4 Port of San Juan, Puerto Rico and No. 5 Port of New Orleans. In the current time period, the top five accounted for 80.1 percent of Martinique’s U.S. trade.

Among those top five:

  • Trade with No. 1 Christiansted Port Terminal, U.S. Virgin Islands rose 12.73 percent to $99.05 million.
    Exports rose 11.95 percent to $96.3 million. Imports rose 48.52 percent to $2.76 million.
  • Trade with No. 2 Port of San Juan, Puerto Rico rose 188.02 percent to $20.28 million.
    Exports rose 187.1 percent to $20.21 million. Imports totaled $64,606.
  • Trade with No. 3 Low-Valued Imports and Exports rose 46.49 percent to $16.13 million.
    Exports rose 46.49 percent to $16.13 million. There were no imports.
  • Trade with No. 4 Port Miami rose 22.9 percent to $13.31 million.
    Exports rose 22.9 percent to $13.31 million. There were no imports.
  • Trade with No. 5 Port of New York rose 293.6 percent to $8.07 million.
    Exports rose 395.48 percent to $7.98 million. Imports fell 80.49 percent to $85,632.

Martinique ranked No. 150 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 151.

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 Martinique by value through October were the categories of Gasoline, other fuels; Low value shipments; Aircraft engines, engine parts; Fuel wood in logs, chips; and Motorboats and yachts, respectively. They accounted for 83.91 percent of total exports to Martinique.

The value of the top five categories of U.S. imports from Martinique –– Gasoline, other fuels; Rum, gin, vodka, other liquors; Value added to a returned import; Scrap of precious metal; and Gold –– accounted for 97.39 percent of all inbound shipments.

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

  • Gasoline, other fuels rose 28.06 percent compared to last year to $123.19 million.
  • Low value shipments rose 46.49 percent compared to last year to $16.13 million.
  • Aircraft engines, engine parts rose 4631.4 percent compared to last year to $7.05 million.
  • Fuel wood in logs, chips rose 1034.78 percent compared to last year to $5.42 million.
  • Motorboats and yachts rose 287.96 percent compared to last year to $5.07 million.

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

  • Gasoline, other fuels rose 59.68 percent compared to last year to $5.58 million.
  • Rum, gin, vodka, other liquors rose 42.26 percent compared to last year to $1.51 million.
  • Value added to a returned import rose 268.39 percent compared to last year to $1.09 million.
  • Scrap of precious metal fell 9.05 percent compared to last year to $255,940.
  • Gold totaled $195,594. The previous year, there were no imports in this category.

In the latest annual figures available, Martinique recorded $171.43 million in trade with the United States. At year’s end, its were U.S. Virgin Islands; Miami; San Juan; Low Value Shipments; and New Orleans. Total U.S. exports to Martinique were $ 165.65 million and imports from Martinique were $5.78 million. The U.S. surplus with Martinique was $159.87 million.