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Montserrat

Montserrat ranked No. 189 in total trade value through February with a total of $3.74 million. Exports totaled $3.13 million and Imports totaled $614,682, a surplus of $2.51 million.

U.S. trade with Montserrat rose to $3.74 million through February

Montserrat’s trade with the United States rose to $3.74 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 5.83 percent above its total trade during the same time period last year. Montserrat’s exports increased 7.33 percent while imports fell 1.18 percent. The U.S. surplus with Montserrat was $2.51 million.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Dulles International Airport, Washington D.C., Va.; No. 2 Christiansted Port Terminal, U.S. Virgin Islands; No. 3 Low-Valued Imports and Exports; No. 4 Port Everglades, Fla.; and No. 5 Miami International Airport. During the same period the previous year, the top five were No. 1 Dulles International Airport, Washington D.C., Va. No. 2 Port of San Juan, Puerto Rico No. 3 Christiansted Port Terminal, U.S. Virgin Islands No. 4 Low-Valued Imports and Exports and No. 5 Port Everglades, Fla.. In the current time period, the top five accounted for 74.75 percent of Montserrat’s U.S. trade.

Among those top five:

  • Trade with No. 1 Dulles International Airport, Washington D.C., Va. fell 25.61 percent to $766,018.
    Exports fell 25.61 percent to $766,018. There were no imports.
  • Trade with No. 2 Christiansted Port Terminal, U.S. Virgin Islands rose 10.14 percent to $740,950.
    Exports rose 10.14 percent to $740,950. There were no imports.
  • Trade with No. 3 Low-Valued Imports and Exports rose 29.5 percent to $592,929.
    Exports rose 29.5 percent to $592,929. There were no imports.
  • Trade with No. 4 Port Everglades, Fla. fell 7.37 percent to $378,763.
    Exports fell 7.37 percent to $378,763. There were no imports.
  • Trade with No. 5 Miami International Airport rose 937.19 percent to $320,004.
    Exports rose 937.19 percent to $320,004. There were no imports.

Montserrat ranked No. 189 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 193.

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 Montserrat by value through February were the categories of Returned exports, with change; Gasoline, other fuels; Low value shipments; Cell phones, related equipment; and Prepared foods, beverages, respectively. They accounted for 78.77 percent of total exports to Montserrat.

The value of the top five categories of U.S. imports from Montserrat –– Seats, excluding barber, dental; Value added to a returned import; Sands, except metal-bearing; Electrical boards, panels and switches; and Insulated wire, cable –– accounted for 96.86 percent of all inbound shipments.

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

  • Returned exports, with change fell 25.61 percent compared to last year to $766,018.
  • Gasoline, other fuels rose 11.28 percent compared to last year to $748,614.
  • Low value shipments rose 29.5 percent compared to last year to $592,929.
  • Cell phones, related equipment rose 2025.8 percent compared to last year to $294,721.
  • Prepared foods, beverages rose 849.27 percent compared to last year to $62,652.

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

  • Seats, excluding barber, dental rose 88883 percent compared to last year to $482,290.
  • Value added to a returned import fell 87.97 percent compared to last year to $69,950.
  • Sands, except metal-bearing rose 13.64 percent compared to last year to $22,500.
  • Electrical boards, panels and switches totaled $14,624. The previous year, there were no imports in this category.
  • Insulated wire, cable totaled $6,043. The previous year, there were no imports in this category.

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.