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Tuvalu

Tuvalu ranked No. 224 in total trade value through February with a total of $103,906. Exports totaled $66,878 and Imports totaled $37,028, a surplus of $29,850.

U.S. trade with Tuvalu rose to $103,906 through February

Tuvalu’s trade with the United States rose to $103,906 through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 56.08 percent below its total trade during the same time period last year. Tuvalu’s exports decreased 70.96 percent while imports rose 485.98 percent. The U.S. surplus with Tuvalu was $29,850.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Oakland, Calif.; No. 2 San Francisco International Airport, Calif.; No. 3 Anchorage International Airport, Alaska; No. 4 Cleveland’s Hopkins International Airport, Ohio; and No. 5 Los Angeles International Airport. During the same period the previous year, the top five were No. 1 Port of Oakland, Calif. No. 2 Los Angeles International Airport No. 3 Low-Valued Imports and Exports No. 4 Sioux Falls Regional Airport, S.D. and No. 5 Low Value. In the current time period, the top five accounted for 96.68 percent of Tuvalu’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Oakland, Calif. fell 69.12 percent to $49,173.
    Exports fell 69.12 percent to $49,173. There were no imports.
  • Trade with No. 2 San Francisco International Airport, Calif. totaled $24,445.
    There were no exports. Imports totaled $24,445.
  • Trade with No. 3 Anchorage International Airport, Alaska totaled $12,410.
    There were no exports. Imports totaled $12,410.
  • Trade with No. 4 Cleveland’s Hopkins International Airport, Ohio totaled $8,727.
    Exports totaled $8,727. There were no imports.
  • Trade with No. 5 Los Angeles International Airport fell 90.81 percent to $5,701.
    Exports fell 90.81 percent to $5,701. There were no imports.

Tuvalu ranked No. 224 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 220.

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 Tuvalu by value through February were the categories of Poultry, fresh, chilled or frozen; Computers; Pork meat, fresh, frozen or chilled; and Low value shipments, respectively. They accounted for 100 percent of total exports to Tuvalu.

The value of the top five categories of U.S. imports from Tuvalu –– Medical technology; Collectors items of historic or botanic interest; Coins; and Salvage –– accounted for 100 percent of all inbound shipments.

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

  • Poultry, fresh, chilled or frozen fell 71.21 percent compared to last year to $45,837.
  • Computers fell 76.74 percent compared to last year to $14,428.
  • Pork meat, fresh, frozen or chilled totaled $3,336. The previous year, there were no exports in this category.
  • Low value shipments fell 63.63 percent compared to last year to $3,277.

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

  • Medical technology totaled $24,445. The previous year, there were no imports in this category.
  • Collectors items of historic or botanic interest totaled $6,300. The previous year, there were no imports in this category.
  • Coins rose 75.68 percent compared to last year to $6,110.
  • Salvage fell 93.91 percent compared to last year to $173.

In the latest annual figures available, Tuvalu recorded $1.07 million in trade with the United States. At year’s end, its were San Francisco; Los Angeles; New York City; Dallas; and Seattle. Total U.S. exports to Tuvalu were $ 866,674 and imports from Tuvalu were $207,880. The U.S. surplus with Tuvalu was $658,794.