Wallis And Futuna

Wallis and Futuna ranked No. 222 in total trade value through May with a total of $826,803. Exports totaled $84,503 and Imports totaled $742,300, a deficit of $657,797.

U.S. trade with Wallis And Futuna rose to $823,779 through May

Wallis And Futuna’s trade with the United States rose to $823,779 through the first five months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 268.33 percent above its total trade during the same time period last year. U.S. exports to Wallis And Futuna decreased 58.73 percent while U.S. imports from Wallis And Futuna rose 3813.38 percent. The U.S. deficit with Wallis And Futuna was $654,773.

Through May, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Los Angeles; No. 2 John F. Kennedy International Airport; No. 3 Port of New Orleans; No. 4 Anchorage International Airport, Alaska; and No. 5 Los Angeles International Airport. During the same period the previous year, the top five were No. 1 Port of Long Beach; No. 2 Port of New Orleans; No. 3 Anchorage International Airport, Alaska; No. 4 Low-Valued Imports and Exports and No. 5 Port of New York. In the current time period, the top five accounted for 97.71 percent of Wallis And Futuna’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Los Angeles totaled $731,630.
    Exports totaled $39,603. Imports totaled $692,027.
  • Trade with No. 2 John F. Kennedy International Airport totaled $26,167.
    There were no exports. Imports totaled $26,167.
  • Trade with No. 3 Port of New Orleans fell 41.22 percent to $24,326.
    Exports fell 41.22 percent to $24,326. There were no imports.
  • Trade with No. 4 Anchorage International Airport, Alaska fell 4.91 percent to $14,746.
    Exports totaled $5,628. Imports fell 41.2 percent to $9,118.
  • Trade with No. 5 Los Angeles International Airport totaled $10,974.
    There were no exports. Imports totaled $10,974.

Wallis And Futuna ranked No. 222 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 228.

Meanwhile, total U.S. trade with the world increased to $1.48 trillion, down 64.27 percent compared to the same period last year. The nation’s exports dropped 64.62 percent to $582.11 billion; imports dropped 64.04 percent to $898.44 billion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $316.33 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Wallis And Futuna by value through May were the categories of Passenger vehicles; Electric sound or visual signaling equipment; Civilian aircraft, parts; Prepared glues and adhesives; and Low value shipments, respectively. They accounted for 96.38 percent of total exports to Wallis And Futuna.

The value of the top five categories of U.S. imports from Wallis And Futuna –– Amplifiers, speakers, microphones; Catalytic converters, air filters, oil filters, etc.; Electric sound or visual signaling equipment; Returned exports, without change; and Computer parts –– accounted for 99.4 percent of all inbound shipments.

Looking more closely at U.S. exports to Wallis And Futuna:

  • Passenger vehicles fell 50.5 percent compared to last year to $39,603.
  • Electric sound or visual signaling equipment totaled $24,326. The previous year, there were no exports in this category.
  • Civilian aircraft, parts totaled $7,514. The previous year, there were no exports in this category.
  • Prepared glues and adhesives totaled $5,628. The previous year, there were no exports in this category.
  • Low value shipments fell 55.66 percent compared to last year to $4,375.

Looking more closely at U.S. imports from Wallis And Futuna:

  • Amplifiers, speakers, microphones totaled $692,027. The previous year, there were no imports in this category.
  • Catalytic converters, air filters, oil filters, etc. totaled $26,167. The previous year, there were no imports in this category.
  • Electric sound or visual signaling equipment totaled $7,950. The previous year, there were no imports in this category.
  • Returned exports, without change rose 71.92 percent compared to last year to $6,048.
  • Computer parts totaled $5,643. The previous year, there were no imports in this category.

In the latest annual figures available, Wallis And Futuna recorded $522,034 in trade with the United States. Total U.S. exports to Wallis And Futuna were $ 471,688 and imports from Wallis And Futuna were $50,346. The U.S. surplus with Wallis And Futuna was $421,342.