Saint Maarten

Sint Maarten ranked No. 110 in total trade value through May with a total of $211.71 million. Exports totaled $182.75 million and Imports totaled $28.96 million, a surplus of $153.79 million.

U.S. trade with Saint Maarten rose to $199.75 million through May

Saint Maarten’s trade with the United States rose to $199.75 million through the first five months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 32.93 percent below its total trade during the same time period last year. U.S. exports to Saint Maarten decreased 31.98 percent while U.S. imports from Saint Maarten fell 38.16 percent. The U.S. surplus with Saint Maarten was $142.88 million.

Through May, 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 Port Miami. 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 Int’l Airport and No. 5 Port of Newark. In the current time period, the top five accounted for 66.25 percent of Saint Maarten’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport fell 42.89 percent to $62.36 million.
    Exports fell 43.19 percent to $41.71 million. Imports fell 42.27 percent to $20.65 million.
  • Trade with No. 2 Port Everglades, Fla. fell 26.49 percent to $28.55 million.
    Exports fell 26.53 percent to $27.82 million. Imports fell 24.99 percent to $728,879.
  • Trade with No. 3 Port of Palm Beach, Fla. fell 38.89 percent to $24.37 million.
    Exports fell 38.92 percent to $24.3 million. Imports fell 28.54 percent to $66,398.
  • Trade with No. 4 Port of Newark fell 39.11 percent to $12.77 million.
    Exports fell 24.54 percent to $9.94 million. Imports fell 63.74 percent to $2.83 million.
  • Trade with No. 5 Port Miami fell 23.52 percent to $12.21 million.
    Exports fell 21.22 percent to $12.19 million. Imports fell 96.1 percent to $19,086.

Saint Maarten ranked No. 110 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 103.

Meanwhile, total U.S. trade with the world increased to $1.48 trillion, down 64.27 percent compared to the same period last year. The nation’s exports dropped 64.62 percent to $582.11 billion; imports dropped 64.04 percent to $898.44 billion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $316.33 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Saint Maarten by value through May were the categories of Jewelry, parts; Diamonds, not mounted; Natural or cultured pearls; precious, semiprecious; Low value shipments; and Passenger vehicles, respectively. They accounted for 54.88 percent of total exports to Saint Maarten.

The value of the top five categories of U.S. imports from Saint Maarten –– Returned exports, without change; Aluminum waste and scrap; Estimates of low-value imports; Gold; and Rum, gin, vodka, other liquors –– accounted for 99.25 percent of all inbound shipments.

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

  • Jewelry, parts fell 40.95 percent compared to last year to $53.35 million.
  • Diamonds, not mounted fell 32.96 percent compared to last year to $18.32 million.
  • Natural or cultured pearls; precious, semiprecious fell 38.27 percent compared to last year to $13.82 million.
  • Low value shipments fell 37.09 percent compared to last year to $9.37 million.
  • Passenger vehicles fell 40.63 percent compared to last year to $5.44 million.

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

  • Returned exports, without change fell 47.76 percent compared to last year to $28.38 million.
  • Aluminum waste and scrap fell 50.4 percent compared to last year to $132,628.
  • Estimates of low-value imports fell 54.44 percent compared to last year to $85,506.
  • Gold totaled $73,589. The previous year, there were no imports in this category.
  • Rum, gin, vodka, other liquors fell 29.5 percent compared to last year to $70,020.

In the latest annual figures available, Saint Maarten recorded $818.75 million in trade with the United States. Total U.S. exports to Saint Maarten were $ 688.87 million and imports from Saint Maarten were $129.88 million. The U.S. surplus with Saint Maarten was $558.99 million.