|1||Low value shipments||$91.78 M|
|2||Gasoline, other fuels||$63.66 M|
|3||Civilian aircraft, parts||$58.57 M|
|4||Motorboats and yachts||$30.6 M|
|5||Jewelry, parts||$9.64 M|
|6||Motor vehicles for transporting people||$8.08 M|
|7||Furniture, parts||$6.11 M|
|9||Cell phones, related equipment||$5.23 M|
|10||Miscellaneous aluminum articles||$4.52 M|
|1||Value added to a returned import||$7.48 M|
|2||Collectors items of historic or botanic interest||$7.2 M|
|3||Cell phones, related equipment||$7.16 M|
|4||Miscellaneous machine parts||$495,000|
|8||Copper waste and scrap||$256,898|
|9||Scrap iron, steel||$230,046|
|10||Compressors and pumps||$150,686|
Top Trading Ports
Total Trade: $492.12 million
|1||Port Everglades, Fla.||$109,901,641|
|2||Low-Valued Imports and Exports||$91,781,511|
|3||Port of Palm Beach, Fla.||$88,061,756|
|4||Seattle-Tacoma International Airport||$51,021,061|
|5||Miami International Airport||$46,111,828|
|6||Port of Houston||$26,584,252|
|7||Port of Mobile, Ala.||$19,870,729|
|9||Port of Greater Baton Rouge, La.||$12,650,913|
|10||Chicago O’Hare International Airport||$7,341,569|
U.S. trade with Cayman Islands rose to $492.12 million through May
Cayman Islands’s trade with the United States rose to $492.12 million through the first five months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 37.29 percent above its total trade during the same time period last year. U.S. exports to Cayman Islands increased 34.83 percent while U.S. imports from Cayman Islands rose 110.18 percent. The U.S. surplus with Cayman Islands was $442.79 million.
Through May, the top five among the nation’s airports, seaports and border crossings were No. 1 Port Everglades, Fla.; No. 2 Low-Valued Imports and Exports; No. 3 Port of Palm Beach, Fla.; No. 4 Seattle-Tacoma International Airport; and No. 5 Miami International Airport. During the same period the previous year, the top five were No. 1 Low-Valued Imports and Exports No. 2 Port Everglades, Fla. No. 3 Port of Palm Beach, Fla. No. 4 Miami International Airport and No. 5 Port of Houston. In the current time period, the top five accounted for 78.61 percent of Cayman Islands’s U.S. trade.
Among those top five:
- Trade with No. 1 Port Everglades, Fla. rose 35.68 percent to $109.9 million.
Exports rose 33.05 percent to $107 million. Imports rose 399.03 percent to $2.9 million.
- Trade with No. 2 Low-Valued Imports and Exports rose 7.46 percent to $91.78 million.
Exports rose 7.46 percent to $91.78 million. There were no imports.
- Trade with No. 3 Port of Palm Beach, Fla. rose 64.11 percent to $88.06 million.
Exports rose 67.46 percent to $87.86 million. Imports fell 83.17 percent to $200,974.
- Trade with No. 4 Seattle-Tacoma International Airport totaled $51.02 million.
Exports totaled $51.02 million. There were no imports.
- Trade with No. 5 Miami International Airport rose 41.87 percent to $46.11 million.
Exports rose 30.97 percent to $33.83 million. Imports rose 84.09 percent to $12.28 million.
Cayman Islands ranked No. 92 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 100.
Meanwhile, total U.S. trade with the world increased to $1.71 trillion, up 0.56 percent compared to the same period last year. The nation’s exports climbed 0.12 percent to $685.55 billion; imports climbed 0.86 percent to $1.03 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 $342.77 billion, up compared to the same period of last year when the deficit was $334.82 billion.
The top five U.S. exports to Cayman Islands by value through May were the categories of Low value shipments; Gasoline, other fuels; Civilian aircraft, parts; Motorboats and yachts; and Jewelry, parts, respectively. They accounted for 54.39 percent of total exports to Cayman Islands.
The value of the top five categories of U.S. imports from Cayman Islands –– Value added to a returned import; Collectors items of historic or botanic interest; Cell phones, related equipment; Miscellaneous machine parts; and Gold –– accounted for 92.51 percent of all inbound shipments.
Looking more closely at U.S. exports to Cayman Islands:
- Low value shipments rose 7.46 percent compared to last year to $91.78 million.
- Gasoline, other fuels rose 12.77 percent compared to last year to $63.66 million.
- Civilian aircraft, parts rose 11596 percent compared to last year to $58.57 million.
- Motorboats and yachts rose 2028.59 percent compared to last year to $30.6 million.
- Jewelry, parts fell 21.4 percent compared to last year to $9.64 million.
Looking more closely at U.S. imports from Cayman Islands:
- Value added to a returned import rose 8.56 percent compared to last year to $7.48 million.
- Collectors items of historic or botanic interest rose 89341 percent compared to last year to $7.2 million.
- Cell phones, related equipment rose 195.84 percent compared to last year to $7.16 million.
- Miscellaneous machine parts rose 1550 percent compared to last year to $495,000.
- Gold totaled $477,102. The previous year, there were no imports in this category.
In the latest annual figures available, Cayman Islands recorded $938.55 million in trade with the United States. At year’s end, its were Miami; Low Value Shipments; Houston; New Orleans; and Phoenix/Nogales. Total U.S. exports to Cayman Islands were $ 884.29 million and imports from Cayman Islands were $54.26 million. The U.S. surplus with Cayman Islands was $830.03 million.