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St Kitts and Nevis

St Kitts and Nevis ranked No. 146 in total trade value through June with a total of $111.42 million. Exports totaled $86.52 million and Imports totaled $24.9 million, a surplus of $61.61 million.

January – June 2019

Top Trading Ports

Total Trade: $111.42 million

RankPortTotal YTD
1Port of Palm Beach, Fla. $33,081,195
2Port Everglades, Fla. $18,799,451
3Miami International Airport $11,463,328
4Christiansted Port Terminal, U.S. Virgin Islands $11,197,320
5Low-Valued Imports and Exports $9,562,542
6San Juan International Airport, P.R. $5,564,993
7Port of San Juan, Puerto Rico $4,121,953
8Port of New Orleans $3,644,911
9John F. Kennedy International Airport $3,224,568
10Port Miami $1,940,326

U.S. trade with St Kitts and Nevis rose to $111.42 million through June

St Kitts and Nevis’s trade with the United States rose to $111.42 million through the first six months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 17.68 percent below its total trade during the same time period last year. St Kitts and Nevis’s exports decreased 19.78 percent while imports fell 9.47 percent. The U.S. surplus with St Kitts and Nevis was $61.61 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 International Airport; No. 4 Christiansted Port Terminal, U.S. Virgin Islands; and No. 5 Low-Valued Imports and Exports. 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 International Airport No. 4 Low-Valued Imports and Exports and No. 5 San Juan International Airport, P.R.. In the current time period, the top five accounted for 75.48 percent of St Kitts and Nevis’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Palm Beach, Fla. fell 15.12 percent to $33.08 million.
    Exports fell 17.81 percent to $22.86 million. Imports fell 8.43 percent to $10.22 million.
  • Trade with No. 2 Port Everglades, Fla. rose 12.41 percent to $18.8 million.
    Exports rose 19.29 percent to $18.54 million. Imports fell 77.86 percent to $262,142.
  • Trade with No. 3 Miami International Airport fell 12.28 percent to $11.46 million.
    Exports fell 18.9 percent to $5.7 million. Imports fell 4.59 percent to $5.76 million.
  • Trade with No. 4 Christiansted Port Terminal, U.S. Virgin Islands rose 86.05 percent to $11.2 million.
    Exports rose 86.17 percent to $11.19 million. Imports fell 14.12 percent to $6,345.
  • Trade with No. 5 Low-Valued Imports and Exports fell 21.27 percent to $9.56 million.
    Exports fell 21.27 percent to $9.56 million. There were no imports.

St Kitts and Nevis ranked No. 146 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 144.

Meanwhile, total U.S. trade with the world increased to $2.06 trillion, down 0.14 percent compared to the same period last year. The nation’s exports dropped 0.75 percent to $823.61 billion; imports climbed 0.28 percent to $1.24 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $412.15 billion, up compared to the same period of last year when the deficit was $402.47 billion.

The top five U.S. exports to St Kitts and Nevis by value through June were the categories of Gasoline, other fuels; Low value shipments; Jewelry, parts; Furniture, parts; and Chicken and other poultry, respectively. They accounted for 35.6 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 –– Value added to a returned import; TV cameras, digital cameras, camcorders; Electrical supplies, apparatus, less than 1000V; Miscellaneous machine parts; and Electric motor, generator parts –– accounted for 78.69 percent of all inbound shipments.

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

  • Gasoline, other fuels fell 20.63 percent compared to last year to $11.72 million.
  • Low value shipments fell 21.27 percent compared to last year to $9.56 million.
  • Jewelry, parts fell 35.98 percent compared to last year to $6.4 million.
  • Furniture, parts fell 18.6 percent compared to last year to $1.57 million.
  • Chicken and other poultry fell 4.64 percent compared to last year to $1.54 million.

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

  • Value added to a returned import fell 7.24 percent compared to last year to $6.72 million.
  • TV cameras, digital cameras, camcorders fell 29.33 percent compared to last year to $4.67 million.
  • Electrical supplies, apparatus, less than 1000V rose 161.65 percent compared to last year to $4.26 million.
  • Miscellaneous machine parts rose 9.84 percent compared to last year to $2.18 million.
  • Electric motor, generator parts fell 0.85 percent compared to last year to $1.76 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.