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Vanuatu

Vanuatu ranked No. 211 in total trade value through March with a total of $1.87 million. Exports totaled $1.23 million and Imports totaled $638,674, a surplus of $588,235.

U.S. trade with Vanuatu rose to $1.87 million through March

Vanuatu’s trade with the United States rose to $1.87 million through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 44.21 percent below its total trade during the same time period last year. Vanuatu’s exports increased 14.54 percent while imports fell 71.9 percent. The U.S. surplus with Vanuatu was $588,235.

Through March, the top five among the nation’s airports, seaports and border crossings were No. 1 Low-Valued Imports and Exports; No. 2 Port of Long Beach; No. 3 Port of Los Angeles; No. 4 Port of New Orleans; and No. 5 Houston’s George Bush Intercontinental Airport, Texas. During the same period the previous year, the top five were No. 1 Los Angeles International Airport No. 2 Low-Valued Imports and Exports No. 3 Port Miami No. 4 Port of Los Angeles and No. 5 Miami International Airport. In the current time period, the top five accounted for 78.48 percent of Vanuatu’s U.S. trade.

Among those top five:

  • Trade with No. 1 Low-Valued Imports and Exports rose 16.51 percent to $472,148.
    Exports rose 16.51 percent to $472,148. There were no imports.
  • Trade with No. 2 Port of Long Beach rose 57.06 percent to $313,594.
    Exports rose 57.06 percent to $313,594. There were no imports.
  • Trade with No. 3 Port of Los Angeles fell 5.59 percent to $302,898.
    Exports rose 115.27 percent to $97,163. Imports fell 25.37 percent to $205,735.
  • Trade with No. 4 Port of New Orleans rose 50.85 percent to $216,925.
    Exports rose 50.85 percent to $216,925. There were no imports.
  • Trade with No. 5 Houston’s George Bush Intercontinental Airport, Texas fell 41.74 percent to $158,590.
    There were no exports. Imports fell 41.74 percent to $158,590.

Vanuatu ranked No. 211 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 200.

Meanwhile, total U.S. trade with the world increased to $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 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 $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to Vanuatu by value through March were the categories of Low value shipments; Office machines; Insulin, hormones and steroids; Parts for heavy machinery; and Computers, respectively. They accounted for 71.87 percent of total exports to Vanuatu.

The value of the top five categories of U.S. imports from Vanuatu –– Plants for pharmacy, perfume, insecticides; Frozen fish; Salvage; and Plastic tubes, hoses and fittings –– accounted for 100 percent of all inbound shipments.

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

  • Low value shipments rose 16.51 percent compared to last year to $472,148.
  • Office machines totaled $152,915. The previous year, there were no exports in this category.
  • Insulin, hormones and steroids totaled $115,168. The previous year, there were no exports in this category.
  • Parts for heavy machinery totaled $70,936. The previous year, there were no exports in this category.
  • Computers rose 2.26 percent compared to last year to $70,553.

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

  • Plants for pharmacy, perfume, insecticides fell 62.17 percent compared to last year to $606,914.
  • Frozen fish rose 16.16 percent compared to last year to $27,135.
  • Salvage fell 57.55 percent compared to last year to $4,372.
  • Plastic tubes, hoses and fittings totaled $253. The previous year, there were no imports in this category.

In the latest annual figures available, Vanuatu recorded $13.26 million in trade with the United States. At year’s end, its were Los Angeles; Low Value Shipments; San Francisco; Miami; and New Orleans. Total U.S. exports to Vanuatu were $ 7.9 million and imports from Vanuatu were $5.36 million. The U.S. surplus with Vanuatu was $2.53 million.