St Kitts and Nevis

St Kitts and Nevis ranked No. 139 in total trade value through June with a total of $92.61 million. Exports totaled $66.97 million and Imports totaled $25.64 million, a surplus of $41.34 million.

U.S. trade with St Kitts and Nevis rose to $92.61 million through June

St Kitts and Nevis’s trade with the United States rose to $92.61 million through the first six months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 16.88 percent below its total trade during the same time period last year. U.S. exports to St Kitts and Nevis decreased 22.59 percent while U.S. imports from St Kitts and Nevis rose 2.95 percent. The U.S. surplus with St Kitts and Nevis was $41.34 million.

Through June, 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 Int’l Airport; No. 4 Low-Valued Imports and Exports; and No. 5 San Juan International Airport, P.R.. During the same period the previous year, the top five were No. 1 Port of Palm Beach, Fla.; No. 2 Port Everglades, Fla.; No. 3 Miami Int’l Airport; No. 4 Christiansted Port Terminal, U.S. Virgin Islands and No. 5 Low-Valued Imports and Exports. In the current time period, the top five accounted for 75.02 percent of St Kitts and Nevis’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Palm Beach, Fla. fell 10.28 percent to $29.68 million.
    Exports fell 17.32 percent to $18.9 million. Imports rose 5.46 percent to $10.78 million.
  • Trade with No. 2 Port Everglades, Fla. fell 24.92 percent to $14.12 million.
    Exports fell 24.42 percent to $14.01 million. Imports fell 60.15 percent to $104,475.
  • Trade with No. 3 Miami Int’l Airport rose 3.33 percent to $11.85 million.
    Exports fell 18.67 percent to $4.63 million. Imports rose 25.08 percent to $7.21 million.
  • Trade with No. 4 Low-Valued Imports and Exports fell 16.92 percent to $7.94 million.
    Exports fell 16.92 percent to $7.94 million. There were no imports.
  • Trade with No. 5 San Juan International Airport, P.R. rose 5.85 percent to $5.89 million.
    Exports fell 27.92 percent to $65,912. Imports rose 6.42 percent to $5.82 million.

St Kitts and Nevis ranked No. 139 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 143.

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 St Kitts and Nevis by value through June were the categories of Low value shipments; Jewelry, parts; Gasoline, other fuels; Passenger vehicles; and Computers, respectively. They accounted for 31.7 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 –– Electrical supplies, apparatus, less than 1000V; Returned exports, without change; Cameras, including TV cameras; Miscellaneous machine parts; and Electric motor, generator parts –– accounted for 84.77 percent of all inbound shipments.

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

  • Low value shipments fell 16.92 percent compared to last year to $7.94 million.
  • Jewelry, parts fell 10.86 percent compared to last year to $5.7 million.
  • Gasoline, other fuels fell 66.41 percent compared to last year to $3.94 million.
  • Passenger vehicles rose 60.81 percent compared to last year to $2 million.
  • Computers rose 148.66 percent compared to last year to $1.65 million.

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

  • Electrical supplies, apparatus, less than 1000V rose 54.96 percent compared to last year to $6.6 million.
  • Returned exports, without change fell 3.61 percent compared to last year to $6.48 million.
  • Cameras, including TV cameras rose 26.47 percent compared to last year to $5.91 million.
  • Miscellaneous machine parts fell 26.84 percent compared to last year to $1.59 million.
  • Electric motor, generator parts fell 34.79 percent compared to last year to $1.15 million.

In the latest annual figures available, St Kitts and Nevis recorded $267 million in trade with the United States. Total U.S. exports to St Kitts and Nevis were $ 210.2 million and imports from St Kitts and Nevis were $56.8 million. The U.S. surplus with St Kitts and Nevis was $153.41 million.