Saint Kitts and Nevis

In 2011, the value of merchandise exports of Saint Kitts and Nevis increased substantially by 40.2 percent to reach 44.9 mln US$, while its merchandise imports decreased moderately by 8.6 percent to reach 246.7 mln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a relatively large deficit of 201.8 mln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed North America at -134.8 mln US$ (see graph 4). Merchandise exports in Saint Kitts and Nevis were highly concentrated amongst partners; imports were also highly concentrated. The top 1 partner accounted for 80 percent or more of exports and 4 partners accounted for 80 percent or more of imports (see graph 5). In 2012, the value of exports of services of Saint Kitts and Nevis increased substantially by 12.2 percent, reaching 194.3 mln US$, while its imports of services increased slightly by 3.7 percent and reached 119.6 mln US$ (see graph 2). There was a moderate trade in services surplus of 74.7 mln US$.

Related Subject(s): International Trade and Finance

Countries: Saint Kitts and Nevis