| March 2012 |
Total Exports To Turks and Caicos Islands
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Low value shipments | $24,620,124 |
2 | Oil, not crude | $9,169,413 |
3 | Jewelry, parts | $1,248,524 |
4 | Motor vehicles for transporting people | $872,563 |
5 | Furniture, parts | $646,283 |
6 | Poultry, fresh, chilled or frozen | $632,056 |
7 | Landline, cellular phone equipment | $615,179 |
8 | Petroleum gases, other gaseous hydrocarbons | $550,658 |
9 | Frozen beef from cows | $544,336 |
10 | Merry-go-rounds, fairground equipment | $542,755 |
Total Imports From Turks and Caicos Islands
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Imports of returned exports | $754,003 |
2 | Live crustaceans | $551,717 |
3 | Self-propelled heavy construction machinery | $191,000 |
4 | Mussels, scallops, other mollusks | $170,613 |
5 | Scrap iron, steel | $109,977 |
6 | Salvage | $68,535 |
7 | Aluminum waste and scrap | $65,620 |
8 | Natural Borates & Conc; Natural Boric Acid No 2528 | $65,000 |
9 | Paintings, drawings and other artwork | $51,961 |
10 | Copper waste and scrap | $38,899 |
| March 2012 |
Top Turks and Caicos Islands Trading Partners
| Rank | District | Total YTD |
|---|---|---|
1 | Miami | $33,035,733 |
2 | Low Value Shipments | $24,688,659 |
3 | New Orleans | $1,291,274 |
4 | New York City | $1,231,420 |
5 | Dallas | $121,226 |
6 | Houston | $65,000 |
7 | Wilmington | $21,070 |
8 | Cleveland | $16,068 |
9 | Atlanta/Savannah | $10,740 |
10 | Los Angeles | $3,644 |
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 |
Turks and Caicos Islands’s trade rose to $60,484,834 through March
Turks and Caicos Islands’s trade with the United States rose to $60,484,834 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 24.59 percent above its total trade during the same time period last year. Turks and Caicos Islands’s exports increased 26.86 percent while imports dropped -16.03 percent. The U.S. surplus with Turks and Caicos Islands was $56,174,618.
Through March, Turks and Caicos Islands’s top U.S. Customs districts for total imports and exports were No. 1 Miami, No. 2 Low Value Shipments, No. 3 New Orleans, No. 4 New York City and No. 5 Dallas compared to last year when the top spots were held by No. 1 Miami, No. 2 Low Value Shipments, No. 3 New Orleans, No. 4 New York City and No. 5 San Francisco. In the current time period, the top five accounted for 0.19 percent of Turks and Caicos Islands’s U.S. trade.. That compares to -19.58 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 Turks and Caicos Islands,:
- Trade with No. 1 Miami rose 20.87 percent to $33,035,733.
Exports rose 23.70 percent to $31,326,587. Imports fell -14.87 percent to $1,709,146. - Trade with No. 2 Low Value Shipments rose 29.01 percent to $24,688,659.
Exports rose 29.03 percent to $24,620,124. Imports rose 22.26 percent to $68,535. - Trade with No. 3 New Orleans fell -3.59 percent to $1,291,274.
Exports rose 17.27 percent to $1,259,911. Imports fell -88.16 percent to $31,363. - Trade with No. 4 New York City rose 213.51 percent to $1,231,420.
Exports rose 174.82 percent to $1,079,423. Imports rose to $151,997. - Trade with No. 5 Dallas rose 42.97 percent to $121,226.
Exports fell to $0. Imports rose 42.97 percent to $121,226.
Through March, 8 Customs districts posted trade surpluses with Turks and Caicos Islands while 2 had deficits. That compares with 12 surpluses and 4 deficits for the same period one year ago. The top surplus was with Miami at $29,617,441, the largest deficit was with Dallas at $-121,226.
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 Turks and Caicos Islands by value through March were low value shipments; oil, not crude; jewelry, parts; motor vehicles for transporting people; and furniture, parts, respectively. They accounted for 62.67 percent of total exports to Turks and Caicos Islands.
The value of the top five U.S. imports from Turks and Caicos Islands -- imports of returned exports; live crustaceans; self-propelled heavy construction machinery; mussels, scallops, other mollusks; and scrap iron, steel -- accounted for 82.47 percent of all inbound shipments.
Looking more closely at U.S. exports to Turks and Caicos Islands:
- Low value shipments rose 29.03 percent compared to last year to $24,620,124.
- Oil, not crude rose 18.07 percent compared to last year to $9,169,413.
- Jewelry, parts rose 49.63 percent compared to last year to $1,248,524.
- Motor vehicles for transporting people rose 2.07 percent compared to last year to $872,563.
- Furniture, parts rose 192.99 percent compared to last year to $646,283.
Looking more closely at U.S. imports from Turks and Caicos Islands
- Imports of returned exports fell -38.84 percent compared to last year to $754,003.
- Live crustaceans rose 62.71 percent compared to last year to $551,717.
- Self-propelled heavy construction machinery rose compared to last year to $191,000.
- Mussels, scallops, other mollusks fell -45.34 percent compared to last year to $170,613.
- Scrap iron, steel rose compared to last year to $109,977.
In the latest annual figures available, Turks and Caicos Islands recorded $48,547,525 in trade with the United States. At year’s end, its top five Customs districts were Miami, Low Value Shipments, New Orleans, New York City and Jacksonville/Tampa. Total U.S. exports to Turks and Caicos Islands were $204,943,647 and imports from Turks and Caicos Islands were $9,334,460. The U.S. surplus with Turks and Caicos Islands was $195,609,187.