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Vanuatu

Vanuatu ranked No. 207 in total trade value through June with a total of $4.65 million. Exports totaled $1.93 million and Imports totaled $2.72 million, a deficit of $792,134.

U.S. trade with Vanuatu rose to $4.65 million through June

Vanuatu’s trade with the United States rose to $4.65 million through the first six months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 55.61 percent below its total trade during the same time period last year. Vanuatu’s exports decreased 71.29 percent while imports fell 27.58 percent. The U.S. deficit with Vanuatu was $792,134.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Los Angeles; No. 2 Low-Valued Imports and Exports; No. 3 Houston’s George Bush Intercontinental Airport, Texas; No. 4 Port of Long Beach; and No. 5 San Francisco International Airport, Calif.. During the same period the previous year, the top five were No. 1 Low-Valued Imports and Exports No. 2 Port of Morgan City, La. No. 3 Port of Long Beach No. 4 Houston’s George Bush Intercontinental Airport, Texas and No. 5 Los Angeles International Airport. In the current time period, the top five accounted for 68.96 percent of Vanuatu’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Los Angeles rose 103.67 percent to $1.06 million.
    Exports rose 102.51 percent to $110,886. Imports rose 103.81 percent to $949,099.
  • Trade with No. 2 Low-Valued Imports and Exports fell 71.71 percent to $752,259.
    Exports fell 71.71 percent to $752,259. There were no imports.
  • Trade with No. 3 Houston’s George Bush Intercontinental Airport, Texas fell 18.76 percent to $576,117.
    Exports totaled $2,750. Imports fell 19.14 percent to $573,367.
  • Trade with No. 4 Port of Long Beach fell 69.78 percent to $420,468.
    Exports fell 69.78 percent to $420,468. There were no imports.
  • Trade with No. 5 San Francisco International Airport, Calif. fell 7.78 percent to $398,498.
    There were no exports. Imports fell 3.83 percent to $398,498.

Vanuatu ranked No. 207 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 $2.06 trillion, down 0.14 percent compared to the same period last year. The nation’s exports dropped 0.75 percent to $823.61 billion; imports climbed 0.28 percent to $1.24 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 $412.15 billion, up compared to the same period of last year when the deficit was $402.47 billion.

The top five U.S. exports to Vanuatu by value through June were the categories of Low value shipments; Insulin, hormones and steroids; Office machines; Parts for heavy machinery; and Computers, respectively. They accounted for 70.17 percent of total exports to Vanuatu.

The value of the top five categories of U.S. imports from Vanuatu –– Plants for pharmacy, perfume, insecticides; Antiques; Women’s or girls’ suits, knit or crocheted; Misc. vegetable fats, oils; and Women’s or girls’ blouses, not knit –– accounted for 96.53 percent of all inbound shipments.

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

  • Low value shipments fell 71.71 percent compared to last year to $752,259.
  • Insulin, hormones and steroids totaled $224,383. The previous year, there were no exports in this category.
  • Office machines totaled $152,915. The previous year, there were no exports in this category.
  • Parts for heavy machinery rose 29.64 percent compared to last year to $117,936.
  • Computers fell 31.1 percent compared to last year to $106,255.

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

  • Plants for pharmacy, perfume, insecticides fell 33.35 percent compared to last year to $1.94 million.
  • Antiques rose 287.32 percent compared to last year to $300,000.
  • Women’s or girls’ suits, knit or crocheted totaled $152,509. The previous year, there were no imports in this category.
  • Misc. vegetable fats, oils rose 39.94 percent compared to last year to $128,070.
  • Women’s or girls’ blouses, not knit totaled $101,866. 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.