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Vanuatu

Vanuatu ranked No. 210 in total trade value through February with a total of $1.36 million. Exports totaled $803,681 and Imports totaled $560,264, a surplus of $243,417.

U.S. trade with Vanuatu rose to $1.36 million through February

Vanuatu’s trade with the United States rose to $1.36 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 37.78 percent below its total trade during the same time period last year. Vanuatu’s exports increased 24.25 percent while imports fell 63.74 percent. The U.S. surplus with Vanuatu was $243,417.

Through February, 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 Houston’s George Bush Intercontinental Airport, Texas; and No. 5 Port of New Orleans. During the same period the previous year, the top five were No. 1 Los Angeles International Airport No. 2 Port of Los Angeles No. 3 Port of New York No. 4 Low-Valued Imports and Exports and No. 5 Houston’s George Bush Intercontinental Airport, Texas. In the current time period, the top five accounted for 76.69 percent of Vanuatu’s U.S. trade.

Among those top five:

  • Trade with No. 1 Low-Valued Imports and Exports rose 30.35 percent to $314,348.
    Exports rose 30.35 percent to $314,348. There were no imports.
  • Trade with No. 2 Port of Long Beach rose 41.43 percent to $254,970.
    Exports rose 41.43 percent to $254,970. There were no imports.
  • Trade with No. 3 Port of Los Angeles fell 25.7 percent to $204,827.
    Exports totaled $26,227. Imports fell 35.21 percent to $178,600.
  • Trade with No. 4 Houston’s George Bush Intercontinental Airport, Texas fell 33.87 percent to $158,590.
    There were no exports. Imports fell 33.87 percent to $158,590.
  • Trade with No. 5 Port of New Orleans rose 47.36 percent to $113,208.
    Exports rose 47.36 percent to $113,208. There were no imports.

Vanuatu ranked No. 210 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 197.

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 Vanuatu by value through February were the categories of Low value shipments; Office machines; Insulin, hormones and steroids; Motor vehicles for transporting people; and Computers, respectively. They accounted for 73.41 percent of total exports to Vanuatu.

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

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

  • Low value shipments rose 30.35 percent compared to last year to $314,348.
  • Office machines totaled $152,915. The previous year, there were no exports in this category.
  • Insulin, hormones and steroids totaled $62,880. The previous year, there were no exports in this category.
  • Motor vehicles for transporting people totaled $30,150. The previous year, there were no exports in this category.
  • Computers fell 36.13 percent compared to last year to $29,694.

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

  • Plants for pharmacy, perfume, insecticides fell 50.04 percent compared to last year to $556,976.
  • Salvage fell 35.16 percent compared to last year to $3,288.

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.