| March 2012 |
Total Exports To British Virgin Islands
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Paintings, drawings and other artwork | $16,326,600 |
2 | Low value shipments | $7,704,136 |
3 | Poultry, fresh, chilled or frozen | $2,466,015 |
4 | Corn | $1,838,430 |
5 | Soybean oilcake, other solid residue, not ground | $1,801,847 |
6 | Furniture, parts | $1,413,393 |
7 | Motor vehicles for transporting people | $1,386,757 |
8 | Landline, cellular phone equipment | $1,023,972 |
9 | Frozen beef from cows | $802,731 |
10 | Oil, not crude | $777,509 |
Total Imports From British Virgin Islands
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Furniture, parts | $230,950 |
2 | Imports of returned exports | $73,131 |
3 | Windshield wipers, electric light parts | $52,594 |
4 | Oil, not crude | $43,200 |
5 | Printed circuits | $35,934 |
6 | Seats, excluding barber, dental | $35,800 |
7 | Parts & Access For Cycles & Invalid Carriages 8714 | $33,375 |
8 | Landline, cellular phone equipment | $32,147 |
9 | Bird skins, feathered parts, down | $30,152 |
10 | Parts for heavy machinery | $28,760 |
| March 2012 |
Top British Virgin Islands Trading Partners
| Rank | District | Total YTD |
|---|---|---|
1 | Miami | $18,477,067 |
2 | New York City | $17,172,496 |
3 | Low Value Shipments | $7,729,178 |
4 | San Juan | $5,774,406 |
5 | Norfolk | $4,679,777 |
6 | Houston | $1,642,277 |
7 | Jacksonville/Tampa | $1,384,980 |
8 | New Orleans | $690,182 |
9 | U.S. Virgin Islands | $669,167 |
10 | Atlanta/Savannah | $562,208 |
Top US Trading Partners
| Rank | Country | Total YTD |
|---|---|---|
1 | CANADA | $153,987,495,076 |
2 | MEXICO | $122,398,351,478 |
3 | CHINA | $120,983,448,879 |
4 | JAPAN | $54,762,867,594 |
5 | GERMANY | $38,277,050,668 |
6 | UNITED KINGDOM | $28,840,373,748 |
7 | SOUTH KOREA | $25,150,256,689 |
8 | BRAZIL | $19,088,773,913 |
9 | SAUDI ARABIA | $18,638,133,172 |
10 | FRANCE | $17,857,130,070 |
British Virgin Islands’s trade rose to $59,958,558 through March
British Virgin Islands’s trade with the United States rose to $59,958,558 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 66.91 percent above its total trade during the same time period last year. British Virgin Islands’s exports increased 67.18 percent while imports rose 48.38 percent. The U.S. surplus with British Virgin Islands was $58,429,548.
Through March, British Virgin Islands’s top U.S. Customs districts for total imports and exports were No. 1 Miami, No. 2 New York City, No. 3 Low Value Shipments, No. 4 San Juan and No. 5 Norfolk compared to last year when the top spots were held by No. 1 Miami, No. 2 San Juan, No. 3 Low Value Shipments, No. 4 U.S. Virgin Islands and No. 5 Jacksonville/Tampa. In the current time period, the top five accounted for 11.38 percent of British Virgin Islands’s U.S. trade.. That compares to -33.27 percent for the nation’s top five Customs districts during the same time period.Taking a closer look at the leading U.S. gateways for U.S. trade with British Virgin Islands,:
- Trade with No. 1 Miami rose 4.55 percent to $18,477,067.
Exports rose 4.86 percent to $18,409,101. Imports fell -42.06 percent to $67,966. - Trade with No. 2 New York City rose 3,022.25 percent to $17,172,496.
Exports rose 3,490.93 percent to $17,142,071. Imports fell -58.11 percent to $30,425. - Trade with No. 3 Low Value Shipments rose 76.84 percent to $7,729,178.
Exports rose 77.04 percent to $7,704,136. Imports rose 31.77 percent to $25,042. - Trade with No. 4 San Juan fell -25.05 percent to $5,774,406.
Exports fell -25.90 percent to $5,699,267. Imports rose 477.99 percent to $75,139. - Trade with No. 5 Norfolk rose 4,222.56 percent to $4,679,777.
Exports rose 4,222.56 percent to $4,679,777. Imports fell to $0.
Through March, 16 Customs districts posted trade surpluses with British Virgin Islands while 4 had deficits. That compares with 17 surpluses and 4 deficits for the same period one year ago. The top surplus was with Miami at $18,341,135, the largest deficit was with Los Angeles at $-188,688.
Meanwhile, total U.S. trade with the world increased to $934,379,177,983, up 8.63 percent compared to the same period last year. The nation’s exports climbed 3.54 percent to $30,467,217,700; imports rose 5.09 percent to $43,800,507,934. The nation’s top five countries so far this year, by value, are Canada, Mexico, China, Japan and Germany. The overall trade deficit was $-171,264,242,143, up compared to the same period of last year when the deficit was $-157,930,951,909.
The top five U.S. exports to British Virgin Islands by value through March were paintings, drawings and other artwork; low value shipments; poultry, fresh, chilled or frozen; corn; and soybean oilcake, other solid residue, not ground, respectively. They accounted for 50.91 percent of total exports to British Virgin Islands.
The value of the top five U.S. imports from British Virgin Islands -- furniture, parts; imports of returned exports; windshield wipers, electric light parts; oil, not crude; and printed circuits -- accounted for 57.01 percent of all inbound shipments.
Looking more closely at U.S. exports to British Virgin Islands:
- Paintings, drawings and other artwork rose compared to last year to $16,326,600.
- Low value shipments rose 77.04 percent compared to last year to $7,704,136.
- Poultry, fresh, chilled or frozen rose 177.29 percent compared to last year to $2,466,015.
- Corn rose compared to last year to $1,838,430.
- Soybean oilcake, other solid residue, not ground rose compared to last year to $1,801,847.
Looking more closely at U.S. imports from British Virgin Islands
- Furniture, parts rose 2,566.55 percent compared to last year to $230,950.
- Imports of returned exports fell -31.93 percent compared to last year to $73,131.
- Windshield wipers, electric light parts rose compared to last year to $52,594.
- Oil, not crude rose compared to last year to $43,200.
- Printed circuits rose compared to last year to $35,934.
In the latest annual figures available, British Virgin Islands recorded $35,921,765 in trade with the United States. At year’s end, its top five Customs districts were Miami, San Juan, Low Value Shipments, Norfolk and Jacksonville/Tampa. Total U.S. exports to British Virgin Islands were $151,362,935 and imports from British Virgin Islands were $6,334,475. The U.S. surplus with British Virgin Islands was $145,028,460.