St Vincent and The Grenadines

St Vincent and the Grenadines ranked No. 168 in total trade value through May with a total of $30.68 million. Exports totaled $28.67 million and Imports totaled $2.01 million, a surplus of $26.67 million.

U.S. trade with St Vincent and The Grenadines rose to $26.07 million through May

St Vincent and The Grenadines’s trade with the United States rose to $26.07 million through the first five months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 4.74 percent below its total trade during the same time period last year. U.S. exports to St Vincent and The Grenadines decreased 4.14 percent while U.S. imports from St Vincent and The Grenadines fell 13.08 percent. The U.S. surplus with St Vincent and The Grenadines was $22.85 million.

Through May, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Palm Beach, Fla.; No. 2 Port of New Orleans; No. 3 Port Everglades, Fla.; No. 4 Miami Int’l Airport; and No. 5 Low-Valued Imports and Exports. During the same period the previous year, the top five were No. 1 Phoenix Sky Harbor International Airport, Ariz.; No. 2 Port of Palm Beach, Fla.; No. 3 Port Everglades, Fla.; No. 4 Port of New Orleans and No. 5 Low-Valued Imports and Exports. In the current time period, the top five accounted for 82.02 percent of St Vincent and The Grenadines’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Palm Beach, Fla. fell 30.6 percent to $8.66 million.
    Exports fell 30.23 percent to $8.52 million. Imports fell 47.57 percent to $142,490.
  • Trade with No. 2 Port of New Orleans fell 5.63 percent to $4.85 million.
    Exports fell 7.05 percent to $4.74 million. Imports rose 210.29 percent to $104,270.
  • Trade with No. 3 Port Everglades, Fla. fell 18.88 percent to $4.74 million.
    Exports fell 18.92 percent to $4.3 million. Imports fell 18.42 percent to $440,530.
  • Trade with No. 4 Miami Int’l Airport rose 16.01 percent to $3.64 million.
    Exports rose 32.27 percent to $2.77 million. Imports fell 16.55 percent to $871,690.
  • Trade with No. 5 Low-Valued Imports and Exports fell 16.46 percent to $3.28 million.
    Exports fell 16.46 percent to $3.28 million. There were no imports.

St Vincent and The Grenadines ranked No. 168 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 168.

Meanwhile, total U.S. trade with the world increased to $1.48 trillion, down 64.27 percent compared to the same period last year. The nation’s exports dropped 64.62 percent to $582.11 billion; imports dropped 64.04 percent to $898.44 billion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $316.33 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 Vincent and The Grenadines by value through May were the categories of Wheat; Low value shipments; Chicken and other poultry; Computers; and Wood, sawed or chipped, greater than 6 meters thic, respectively. They accounted for 41.33 percent of total exports to St Vincent and The Grenadines.

The value of the top five categories of U.S. imports from St Vincent and The Grenadines –– Mussels, scallops, other mollusks; Returned exports, without change; Fish, fresh or chilled; Shrimp, other crustaceans; and Foliage, grasses for bouquets –– accounted for 82.74 percent of all inbound shipments.

Looking more closely at U.S. exports to St Vincent and The Grenadines:

  • Wheat rose 0.25 percent compared to last year to $3.29 million.
  • Low value shipments fell 16.46 percent compared to last year to $3.28 million.
  • Chicken and other poultry fell 13.84 percent compared to last year to $2.61 million.
  • Computers rose 791.63 percent compared to last year to $1.46 million.
  • Wood, sawed or chipped, greater than 6 meters thic fell 2.19 percent compared to last year to $1.21 million.

Looking more closely at U.S. imports from St Vincent and The Grenadines:

  • Mussels, scallops, other mollusks fell 35.53 percent compared to last year to $694,515.
  • Returned exports, without change rose 99.18 percent compared to last year to $486,709.
  • Fish, fresh or chilled rose 15.78 percent compared to last year to $287,280.
  • Shrimp, other crustaceans fell 30.2 percent compared to last year to $99,050.
  • Foliage, grasses for bouquets rose 120.41 percent compared to last year to $91,490.

In the latest annual figures available, St Vincent and The Grenadines recorded $107.17 million in trade with the United States. Total U.S. exports to St Vincent and The Grenadines were $ 102.05 million and imports from St Vincent and The Grenadines were $5.12 million. The U.S. surplus with St Vincent and The Grenadines was $96.93 million.