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Martinique

Martinique ranked No. 159 in total trade value through February with a total of $21.5 million. Exports totaled $20.83 million and Imports totaled $667,037, a surplus of $20.17 million.

January – February 2019

Top Trading Ports

Total Trade: $21.5 million

RankPortTotal YTD
1Christiansted Port Terminal, U.S. Virgin Islands $14,335,249
2Port Miami $1,731,947
3Port of Wilmington, N.C. $1,429,323
4Low-Valued Imports and Exports $1,202,019
5Port of New Orleans $757,419
6Port of Savannah, Ga. $495,820
7Miami International Airport $359,727
8Port of Newark $313,152
9Cleveland’s Hopkins International Airport, Ohio $184,108
10Port of Jacksonville, Fla. $153,353

U.S. trade with Martinique rose to $21.5 million through February

Martinique’s trade with the United States rose to $21.5 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 13.77 percent below its total trade during the same time period last year. Martinique’s exports decreased 15.01 percent while imports rose 59.04 percent. The U.S. surplus with Martinique was $20.17 million.

Through February, 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 Miami; No. 3 Port of Wilmington, N.C.; No. 4 Low-Valued Imports and Exports; and No. 5 Port of New Orleans. During the same period the previous year, the top five were No. 1 Christiansted Port Terminal, U.S. Virgin Islands No. 2 Port of San Juan, Puerto Rico No. 3 Port of New York No. 4 Low-Valued Imports and Exports and No. 5 Port Miami. In the current time period, the top five accounted for 90.49 percent of Martinique’s U.S. trade.

Among those top five:

  • Trade with No. 1 Christiansted Port Terminal, U.S. Virgin Islands rose 77.45 percent to $14.34 million.
    Exports rose 77.45 percent to $14.34 million. There were no imports.
  • Trade with No. 2 Port Miami fell 14.34 percent to $1.73 million.
    Exports fell 14.34 percent to $1.73 million. There were no imports.
  • Trade with No. 3 Port of Wilmington, N.C. totaled $1.43 million.
    Exports totaled $1.43 million. There were no imports.
  • Trade with No. 4 Low-Valued Imports and Exports fell 51.12 percent to $1.2 million.
    Exports fell 51.12 percent to $1.2 million. There were no imports.
  • Trade with No. 5 Port of New Orleans rose 153.66 percent to $757,419.
    Exports rose 49.2 percent to $445,517. Imports totaled $311,902.

Martinique ranked No. 159 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 153.

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 Martinique by value through February were the categories of Gasoline, other fuels; Fuel wood in logs, chips; Low value shipments; Preparations for use on hair; and Aircraft engines, engine parts, respectively. They accounted for 85.43 percent of total exports to Martinique.

The value of the top five categories of U.S. imports from Martinique –– Gold; Rum, gin, vodka, other liquors; Prepared foods, beverages; Value added to a returned import; and Salvage –– accounted for 100 percent of all inbound shipments.

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

  • Gasoline, other fuels rose 7.38 percent compared to last year to $14.35 million.
  • Fuel wood in logs, chips totaled $1.43 million. The previous year, there were no exports in this category.
  • Low value shipments fell 51.12 percent compared to last year to $1.2 million.
  • Preparations for use on hair rose 19.17 percent compared to last year to $424,298.
  • Aircraft engines, engine parts fell 90.06 percent compared to last year to $397,491.

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

  • Gold rose 274.95 percent compared to last year to $343,339.
  • Rum, gin, vodka, other liquors rose 27.35 percent compared to last year to $303,353.
  • Prepared foods, beverages totaled $8,849. The previous year, there were no imports in this category.
  • Value added to a returned import fell 89.91 percent compared to last year to $6,884.
  • Salvage rose 85.59 percent compared to last year to $4,612.

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.