Tokelau

Tokelau ranked No. 216 in total trade value through July with a total of $2.06 million. Exports totaled $51,915 and Imports totaled $2.01 million, a deficit of $1.96 million.

U.S. trade with Tokelau rose to $2.06 million through July

Tokelau’s trade with the United States rose to $2.06 million through the first seven months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 36.62 percent above its total trade during the same time period last year. U.S. exports to Tokelau decreased 83.65 percent while U.S. imports from Tokelau rose 68.68 percent. The U.S. deficit with Tokelau was $1.96 million.

Through July, the top five among the nation’s airports, seaports and border crossings were No. 1 Miami Int’l Airport; No. 2 Port of Newark; No. 3 Port of Savannah, Ga.; No. 4 Low Value; 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 Houston Int’l Airport; No. 3 Low-Valued Imports and Exports; No. 4 Low Value and No. 5 Philadelphia International Airport. In the current time period, the top five accounted for 89.29 percent of Tokelau’s U.S. trade.

Among those top five:

  • Trade with No. 1 Miami Int’l Airport totaled $1.34 million.
    There were no exports. Imports totaled $1.34 million.
  • Trade with No. 2 Port of Newark rose 1041.02 percent to $136,010.
    There were no exports. Imports rose 1041.02 percent to $136,010.
  • Trade with No. 3 Port of Savannah, Ga. rose 242.82 percent to $126,616.
    There were no exports. Imports rose 242.82 percent to $126,616.
  • Trade with No. 4 Low Value fell 9.82 percent to $117,938.
    There were no exports. Imports fell 9.82 percent to $117,938.
  • Trade with No. 5 Port Miami totaled $115,990.
    There were no exports. Imports totaled $115,990.

Tokelau ranked No. 216 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 222.

Meanwhile, total U.S. trade with the world increased to $2.08 trillion, down 49.83 percent compared to the same period last year. The nation’s exports dropped 51.38 percent to $799.82 billion; imports dropped 48.81 percent to $1.28 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $479.12 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Tokelau by value through July were the categories of Glass containers for packing; and Low value shipments, respectively. They accounted for 100 percent of total exports to Tokelau.

The value of the top five categories of U.S. imports from Tokelau –– Returned exports, without change; Estimates of low-value imports; Perfumes; Toilet paper, similar household sanitary items; and Paints & Varnishes Nesoi; Watr Pigmts For Lea 3210 –– accounted for 89.63 percent of all inbound shipments.

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

  • Glass containers for packing totaled $39,442. The previous year, there were no exports in this category.
  • Low value shipments fell 94.63 percent compared to last year to $12,473.

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

  • Returned exports, without change rose 41.92 percent compared to last year to $1.34 million.
  • Estimates of low-value imports fell 9.82 percent compared to last year to $117,938.
  • Perfumes totaled $117,395. The previous year, there were no imports in this category.
  • Toilet paper, similar household sanitary items totaled $115,990. The previous year, there were no imports in this category.
  • Paints & Varnishes Nesoi; Watr Pigmts For Lea 3210 totaled $105,732. The previous year, there were no imports in this category.

In the latest annual figures available, Tokelau recorded $2.5 million in trade with the United States. Total U.S. exports to Tokelau were $ 425,332 and imports from Tokelau were $2.08 million. The U.S. deficit with Tokelau was $1.65 million.