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St Kitts and Nevis

St Kitts and Nevis ranked No. 148 in total trade value through October with a total of $218.65 million. Exports totaled $175.46 million and Imports totaled $43.19 million, a surplus of $132.27 million.

January – October 2018

Top Trading Ports

Total Trade: $218.65 million

RankPortTotal YTD
1Port of Palm Beach, Fla. $67,090,608
2Port Everglades, Fla. $28,173,395
3Miami International Airport $22,127,180
4Low-Valued Imports and Exports $20,320,203
5Port of San Juan, Puerto Rico $12,422,851
6San Juan International Airport, P.R. $10,418,808
7Port of Frederiksted, V.I. $7,378,829
8Christiansted Port Terminal, U.S. Virgin Islands $6,906,948
9John F. Kennedy International Airport $5,858,268
10Port of New Orleans $5,218,808

U.S. trade with St Kitts and Nevis rose to $218.65 million through October

St Kitts and Nevis’s trade with the United States rose to $218.65 million through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 8.19 percent below its total trade during the same time period last year. St Kitts and Nevis’s exports decreased 12.18 percent while imports rose 12.64 percent. The U.S. surplus with St Kitts and Nevis was $132.27 million.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Palm Beach, Fla.; No. 2 Port Everglades, Fla.; No. 3 Miami International Airport; No. 4 Low-Valued Imports and Exports; and No. 5 Port of San Juan, Puerto Rico. During the same period the previous year, the top five were No. 1 Port of Savannah, Ga. No. 2 Port of Palm Beach, Fla. No. 3 Port Everglades, Fla. No. 4 Low-Valued Imports and Exports and No. 5 Miami International Airport. In the current time period, the top five accounted for 68.66 percent of St Kitts and Nevis’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Palm Beach, Fla. rose 17.56 percent to $67.09 million.
    Exports rose 10.81 percent to $47.5 million. Imports rose 37.93 percent to $19.59 million.
  • Trade with No. 2 Port Everglades, Fla. rose 20.52 percent to $28.17 million.
    Exports rose 20.52 percent to $26.9 million. Imports rose 20.46 percent to $1.27 million.
  • Trade with No. 3 Miami International Airport rose 58.84 percent to $22.13 million.
    Exports rose 53.46 percent to $13.69 million. Imports rose 68.42 percent to $8.44 million.
  • Trade with No. 4 Low-Valued Imports and Exports rose 29.19 percent to $20.32 million.
    Exports rose 29.19 percent to $20.32 million. There were no imports.
  • Trade with No. 5 Port of San Juan, Puerto Rico rose 95.04 percent to $12.42 million.
    Exports rose 96.55 percent to $12.41 million. Imports fell 71.04 percent to $16,670.

St Kitts and Nevis ranked No. 148 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 134.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to St Kitts and Nevis by value through October were the categories of Low value shipments; Gasoline, other fuels; Jewelry, parts; Parts for electrical supplies; and Furniture, parts, respectively. They accounted for 41.59 percent of total exports to St Kitts and Nevis.

The value of the top five categories of U.S. imports from St Kitts and Nevis –– TV cameras, digital cameras, camcorders; Value added to a returned import; Electrical resistors, except heating resistors; Miscellaneous machine parts; and Electrical supplies, apparatus, less than 1000V –– accounted for 72.88 percent of all inbound shipments.

Looking more closely at U.S. exports to St Kitts and Nevis:

  • Low value shipments rose 29.19 percent compared to last year to $20.32 million.
  • Gasoline, other fuels rose 183.02 percent compared to last year to $20.3 million.
  • Jewelry, parts rose 33.86 percent compared to last year to $16.48 million.
  • Parts for electrical supplies rose 127.59 percent compared to last year to $11.35 million.
  • Furniture, parts rose 153.97 percent compared to last year to $4.52 million.

Looking more closely at U.S. imports from St Kitts and Nevis:

  • TV cameras, digital cameras, camcorders fell 13.45 percent compared to last year to $11.2 million.
  • Value added to a returned import rose 55.8 percent compared to last year to $9.03 million.
  • Electrical resistors, except heating resistors rose 10.94 percent compared to last year to $4.13 million.
  • Miscellaneous machine parts rose 21.67 percent compared to last year to $3.81 million.
  • Electrical supplies, apparatus, less than 1000V fell 9.97 percent compared to last year to $3.29 million.

In the latest annual figures available, St Kitts and Nevis recorded $291.41 million in trade with the United States. At year’s end, its were Miami; Atlanta/Savannah; Low Value Shipments; New Orleans; and New York City. Total U.S. exports to St Kitts and Nevis were $ 243.65 million and imports from St Kitts and Nevis were $47.76 million. The U.S. surplus with St Kitts and Nevis was $195.89 million.