FALKLAND ISLANDS (ISLAS MALVINAS)

Falkland Islands ranked No. 194 in total trade value through June with a total of $8.64 million. Exports totaled $41,058 and Imports totaled $8.6 million, a deficit of $8.56 million.

U.S. trade with FALKLAND ISLANDS (ISLAS MALVINAS) rose to $8.64 million through June

FALKLAND ISLANDS (ISLAS MALVINAS)’s trade with the United States rose to $8.64 million through the first six months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 39.75 percent below its total trade during the same time period last year. U.S. exports to FALKLAND ISLANDS (ISLAS MALVINAS) decreased 46.28 percent while U.S. imports from FALKLAND ISLANDS (ISLAS MALVINAS) fell 39.72 percent. The U.S. deficit with FALKLAND ISLANDS (ISLAS MALVINAS) was $8.56 million.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Newark; No. 2 Port Miami; No. 3 Port of Los Angeles; No. 4 Port of New Orleans; and No. 5 Port of Palm Beach, Fla.. During the same period the previous year, the top five were No. 1 Port of Newark; No. 2 Port of New York; No. 3 Port Miami; No. 4 Port Everglades, Fla. and No. 5 Port of Long Beach. In the current time period, the top five accounted for 99.59 percent of FALKLAND ISLANDS (ISLAS MALVINAS)’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark rose 18.65 percent to $5.69 million.
    There were no exports. Imports rose 18.65 percent to $5.69 million.
  • Trade with No. 2 Port Miami fell 6.51 percent to $2.28 million.
    There were no exports. Imports fell 6.51 percent to $2.28 million.
  • Trade with No. 3 Port of Los Angeles rose 244.17 percent to $609,397.
    There were no exports. Imports rose 244.17 percent to $609,397.
  • Trade with No. 4 Port of New Orleans fell 65.07 percent to $10,816.
    Exports totaled $8,190. Imports fell 91.52 percent to $2,626.
  • Trade with No. 5 Port of Palm Beach, Fla. totaled $9,675.
    Exports totaled $9,675. There were no imports.

FALKLAND ISLANDS (ISLAS MALVINAS) ranked No. 194 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 199.

Meanwhile, total U.S. trade with the world increased to $1.77 trillion, down 57.4 percent compared to the same period last year. The nation’s exports dropped 58.23 percent to $687.16 billion; imports dropped 56.85 percent to $1.08 trillion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $391.01 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to FALKLAND ISLANDS (ISLAS MALVINAS) by value through June were the categories of Computers; Hardware for fixtures; Navigational equipment; Cell phones, related equipment; and Taps, cocks and valves for pipes, tanks, respectively. They accounted for 93.27 percent of total exports to FALKLAND ISLANDS (ISLAS MALVINAS).

The value of the top five categories of U.S. imports from FALKLAND ISLANDS (ISLAS MALVINAS) –– Frozen fish; Estimates of low-value imports; Cell phones, related equipment; and Instruments to measure flow levels, parts –– accounted for 100 percent of all inbound shipments.

Looking more closely at U.S. exports to FALKLAND ISLANDS (ISLAS MALVINAS):

  • Computers totaled $11,185. The previous year, there were no exports in this category.
  • Hardware for fixtures totaled $9,675. The previous year, there were no exports in this category.
  • Navigational equipment rose 155.75 percent compared to last year to $8,345.
  • Cell phones, related equipment fell 4.3 percent compared to last year to $5,742.
  • Taps, cocks and valves for pipes, tanks totaled $3,347. The previous year, there were no exports in this category.

Looking more closely at U.S. imports from FALKLAND ISLANDS (ISLAS MALVINAS):

  • Frozen fish fell 37.61 percent compared to last year to $8.58 million.
  • Estimates of low-value imports rose 300.9 percent compared to last year to $7,597.
  • Cell phones, related equipment totaled $4,500. The previous year, there were no imports in this category.
  • Instruments to measure flow levels, parts totaled $2,626. The previous year, there were no imports in this category.

In the latest annual figures available, FALKLAND ISLANDS (ISLAS MALVINAS) recorded $19.15 million in trade with the United States. Total U.S. exports to FALKLAND ISLANDS (ISLAS MALVINAS) were $ 317,783 and imports from FALKLAND ISLANDS (ISLAS MALVINAS) were $18.84 million. The U.S. deficit with FALKLAND ISLANDS (ISLAS MALVINAS) was $18.52 million.