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Montserrat

Montserrat ranked No. 201 in total trade value through October with a total of $15.34 million. Exports totaled $14.05 million and Imports totaled $1.3 million, a surplus of $12.75 million.

January – October 2018

Top Trading Ports

Total Trade: $15.34 million

RankPortTotal YTD
1Port Everglades, Fla. $4,828,928
2Low-Valued Imports and Exports $2,713,693
3Port of Newark $2,192,695
4Port of San Juan, Puerto Rico $1,416,960
5Dulles International Airport, Washington D.C., Va. $1,029,779
6Christiansted Port Terminal, U.S. Virgin Islands $694,810
7Port of Palm Beach, Fla. $538,510
8Port of Frederiksted, V.I. $374,400
9Port of New Orleans $313,278
10Miami International Airport $264,450

U.S. trade with Montserrat rose to $15.34 million through October

Montserrat’s trade with the United States rose to $15.34 million through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 73.67 percent above its total trade during the same time period last year. Montserrat’s exports increased 77.79 percent while imports rose 38.82 percent. The U.S. surplus with Montserrat was $12.75 million.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Port Everglades, Fla.; No. 2 Low-Valued Imports and Exports; No. 3 Port of Newark; No. 4 Port of San Juan, Puerto Rico; and No. 5 Dulles International Airport, Washington D.C., Va.. During the same period the previous year, the top five were No. 1 Port Everglades, Fla. No. 2 Low-Valued Imports and Exports No. 3 Port of San Juan, Puerto Rico No. 4 Port Laredo and No. 5 Christiansted Port Terminal, U.S. Virgin Islands. In the current time period, the top five accounted for 79.41 percent of Montserrat’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port Everglades, Fla. rose 120.93 percent to $4.83 million.
    Exports rose 119.58 percent to $4.8 million. Imports totaled $29,350.
  • Trade with No. 2 Low-Valued Imports and Exports rose 80.48 percent to $2.71 million.
    Exports rose 80.48 percent to $2.71 million. There were no imports.
  • Trade with No. 3 Port of Newark rose 1648.57 percent to $2.19 million.
    Exports rose 2457.56 percent to $2.18 million. Imports fell 78.27 percent to $8,695.
  • Trade with No. 4 Port of San Juan, Puerto Rico rose 6.87 percent to $1.42 million.
    Exports fell 14.09 percent to $846,960. Imports rose 67.65 percent to $570,000.
  • Trade with No. 5 Dulles International Airport, Washington D.C., Va. rose 239.4 percent to $1.03 million.
    Exports rose 239.4 percent to $1.03 million. There were no imports.

Montserrat ranked No. 201 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 207.

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 Montserrat by value through October were the categories of Returned exports, with change; Low value shipments; Parts for heavy machinery; Gasoline, other fuels; and Motor vehicle parts, respectively. They accounted for 63.46 percent of total exports to Montserrat.

The value of the top five categories of U.S. imports from Montserrat –– Value added to a returned import; Sands, except metal-bearing; Cell phones, related equipment; Medical equipment for physicals; and Motor vehicle parts –– accounted for 80.94 percent of all inbound shipments.

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

  • Returned exports, with change totaled $3.21 million. The previous year, there were no exports in this category.
  • Low value shipments rose 80.48 percent compared to last year to $2.71 million.
  • Parts for heavy machinery rose 2607.46 percent compared to last year to $1.59 million.
  • Gasoline, other fuels rose 6.07 percent compared to last year to $1.12 million.
  • Motor vehicle parts rose 14.3 percent compared to last year to $270,741.

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

  • Value added to a returned import rose 78.97 percent compared to last year to $658,717.
  • Sands, except metal-bearing totaled $129,450. The previous year, there were no imports in this category.
  • Cell phones, related equipment rose 39.29 percent compared to last year to $110,541.
  • Medical equipment for physicals totaled $100,000. The previous year, there were no imports in this category.
  • Motor vehicle parts rose 172.76 percent compared to last year to $50,127.

In the latest annual figures available, Montserrat recorded $10.72 million in trade with the United States. At year’s end, its were Miami; Low Value Shipments; San Juan; U.S. Virgin Islands; and Laredo. Total U.S. exports to Montserrat were $ 9.71 million and imports from Montserrat were $1.02 million. The U.S. surplus with Montserrat was $8.69 million.