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Saint Maarten

Sint Maarten ranked No. 99 in total trade value through February with a total of $163.66 million. Exports totaled $140.79 million and Imports totaled $22.87 million, a surplus of $117.93 million.

January – February 2019

Top Trading Ports

Total Trade: $163.66 million

RankPortTotal YTD
1John F. Kennedy International Airport $54,496,155
2Port Everglades, Fla. $16,185,470
3Port of Palm Beach, Fla. $14,633,516
4Port of Newark $10,933,143
5Miami International Airport $9,876,211
6Port of New Orleans $7,270,415
7Port of New York $7,164,336
8Low-Valued Imports and Exports $6,986,737
9Port Miami $6,624,283
10Port of San Juan, Puerto Rico $6,308,080

U.S. trade with Saint Maarten rose to $163.66 million through February

Saint Maarten’s trade with the United States rose to $163.66 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 22.54 percent above its total trade during the same time period last year. Saint Maarten’s exports increased 22.74 percent while imports rose 21.33 percent. The U.S. surplus with Saint Maarten was $117.93 million.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 John F. Kennedy International Airport; No. 2 Port Everglades, Fla.; No. 3 Port of Palm Beach, Fla.; No. 4 Port of Newark; and No. 5 Miami International Airport. During the same period the previous year, the top five were No. 1 John F. Kennedy International Airport No. 2 Port of Palm Beach, Fla. No. 3 Port Everglades, Fla. No. 4 Miami International Airport and No. 5 Port Miami. In the current time period, the top five accounted for 64.84 percent of Saint Maarten’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport rose 11.02 percent to $54.5 million.
    Exports rose 14.69 percent to $38.75 million. Imports rose 2.92 percent to $15.75 million.
  • Trade with No. 2 Port Everglades, Fla. rose 24.12 percent to $16.19 million.
    Exports rose 21.75 percent to $15.6 million. Imports rose 156.78 percent to $587,332.
  • Trade with No. 3 Port of Palm Beach, Fla. fell 10.29 percent to $14.63 million.
    Exports fell 10.26 percent to $14.63 million. There were no imports.
  • Trade with No. 4 Port of Newark rose 176.28 percent to $10.93 million.
    Exports rose 101.47 percent to $7.85 million. Imports rose 5049.46 percent to $3.08 million.
  • Trade with No. 5 Miami International Airport rose 7.22 percent to $9.88 million.
    Exports rose 10.54 percent to $7.96 million. Imports fell 4.67 percent to $1.92 million.

Saint Maarten ranked No. 99 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 99.

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 Saint Maarten by value through February were the categories of Jewelry, parts; Diamonds, not mounted; Natural or cultured pearls; precious, semiprecious; Low value shipments; and Motor vehicles for transporting people, respectively. They accounted for 60.74 percent of total exports to Saint Maarten.

The value of the top five categories of U.S. imports from Saint Maarten –– Value added to a returned import; Motorboats and yachts; Aluminum waste and scrap; Salvage; and Rum, gin, vodka, other liquors –– accounted for 99.21 percent of all inbound shipments.

Looking more closely at U.S. exports to Saint Maarten:

  • Jewelry, parts rose 26.05 percent compared to last year to $46.53 million.
  • Diamonds, not mounted rose 11.14 percent compared to last year to $14.62 million.
  • Natural or cultured pearls; precious, semiprecious rose 21.39 percent compared to last year to $13.68 million.
  • Low value shipments rose 19.21 percent compared to last year to $6.99 million.
  • Motor vehicles for transporting people rose 56.02 percent compared to last year to $3.7 million.

Looking more closely at U.S. imports from Saint Maarten:

  • Value added to a returned import rose 21.2 percent compared to last year to $22.27 million.
  • Motorboats and yachts totaled $140,000. The previous year, there were no imports in this category.
  • Aluminum waste and scrap fell 5.38 percent compared to last year to $137,554.
  • Salvage rose 110.61 percent compared to last year to $68,487.
  • Rum, gin, vodka, other liquors rose 116.8 percent compared to last year to $67,968.

In the latest annual figures available, Saint Maarten recorded $613.79 million in trade with the United States. At year’s end, its were Miami; New York City; U.S. Virgin Islands; New Orleans; and Low Value Shipments. Total U.S. exports to Saint Maarten were $ 543.39 million and imports from Saint Maarten were $70.4 million. The U.S. surplus with Saint Maarten was $472.99 million.