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St Vincent and The Grenadines

St Vincent and the Grenadines ranked No. 175 in total trade value through October with a total of $71.97 million. Exports totaled $67.71 million and Imports totaled $4.25 million, a surplus of $63.46 million.

January – October 2018

Top Trading Ports

Total Trade: $71.97 million

RankPortTotal YTD
1Port of Palm Beach, Fla. $23,681,652
2Port Everglades, Fla. $11,489,399
3Port of New Orleans $8,677,484
4Low-Valued Imports and Exports $7,478,498
5Miami International Airport $5,566,360
6Port of Mobile, Ala. $3,365,523
7Fort Lauderdale-Hollywood International Airport, Fla. $2,566,718
8Port of New York $1,471,453
9Port of San Juan, Puerto Rico $1,290,582
10Port Miami $1,230,809

U.S. trade with St Vincent and The Grenadines rose to $71.97 million through October

St Vincent and The Grenadines’s trade with the United States rose to $71.97 million through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 3.69 percent above its total trade during the same time period last year. St Vincent and The Grenadines’s exports increased 4.54 percent while imports fell 8.2 percent. The U.S. surplus with St Vincent and The Grenadines was $63.46 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 Port of New Orleans; No. 4 Low-Valued Imports and Exports; and No. 5 Miami International Airport. 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 Port of New Orleans No. 4 Low-Valued Imports and Exports and No. 5 Miami International Airport. In the current time period, the top five accounted for 79.06 percent of St Vincent and The Grenadines’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Palm Beach, Fla. rose 0.48 percent to $23.68 million.
    Exports rose 0.38 percent to $23.37 million. Imports rose 8.4 percent to $315,675.
  • Trade with No. 2 Port Everglades, Fla. rose 17.94 percent to $11.49 million.
    Exports rose 14.09 percent to $10.69 million. Imports rose 114.55 percent to $801,224.
  • Trade with No. 3 Port of New Orleans fell 6.84 percent to $8.68 million.
    Exports fell 6.73 percent to $8.68 million. Imports fell 88.87 percent to $1,470.
  • Trade with No. 4 Low-Valued Imports and Exports rose 0.45 percent to $7.48 million.
    Exports rose 0.45 percent to $7.48 million. There were no imports.
  • Trade with No. 5 Miami International Airport fell 3.08 percent to $5.57 million.
    Exports fell 10.96 percent to $3.39 million. Imports rose 12.38 percent to $2.18 million.

St Vincent and The Grenadines ranked No. 175 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 174.

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 Vincent and The Grenadines by value through October were the categories of Low value shipments; Wheat; Poultry, fresh, chilled or frozen; Civilian aircraft, parts; and Wood, sawed or chipped, greater than 6 meters thic, respectively. They accounted for 36.84 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; Fish, fresh or chilled; Shrimp, other crustaceans; Value added to a returned import; and Scrap of precious metal –– accounted for 80.67 percent of all inbound shipments.

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

  • Low value shipments rose 0.45 percent compared to last year to $7.48 million.
  • Wheat fell 5.89 percent compared to last year to $6.01 million.
  • Poultry, fresh, chilled or frozen fell 6.11 percent compared to last year to $5.7 million.
  • Civilian aircraft, parts rose 383.02 percent compared to last year to $3.39 million.
  • Wood, sawed or chipped, greater than 6 meters thic fell 7.81 percent compared to last year to $2.37 million.

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

  • Mussels, scallops, other mollusks totaled $1.94 million. The previous year, there were no imports in this category.
  • Fish, fresh or chilled fell 69.35 percent compared to last year to $584,759.
  • Shrimp, other crustaceans totaled $359,634. The previous year, there were no imports in this category.
  • Value added to a returned import fell 67.68 percent compared to last year to $341,952.
  • Scrap of precious metal fell 26.48 percent compared to last year to $202,682.

In the latest annual figures available, St Vincent and The Grenadines recorded $86.19 million in trade with the United States. At year’s end, its were Miami; New Orleans; Low Value Shipments; Mobile; and New York City. Total U.S. exports to St Vincent and The Grenadines were $ 81.28 million and imports from St Vincent and The Grenadines were $4.9 million. The U.S. surplus with St Vincent and The Grenadines was $76.38 million.