| March 2012 |
Total Exports To St Kitts and Nevis
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Low value shipments | $2,867,272 |
2 | Parts for electrical supplies | $2,454,720 |
3 | Parts for cellular communications | $1,425,208 |
4 | Poultry, fresh, chilled or frozen | $901,794 |
5 | Natural or cultured pearls; precious, semiprecious | $811,004 |
6 | Jewelry, parts | $743,335 |
7 | Wood, sawed or chipped, greater than 6 meters thic | $347,009 |
8 | Landline, cellular phone equipment | $313,641 |
9 | Refrigerators, freezers | $302,874 |
10 | Electric capacitors | $292,528 |
Total Imports From St Kitts and Nevis
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | TVs, TV equipment, camcorders, digital cameras | $4,618,748 |
2 | Electrical resistors, except heating resistors | $3,334,859 |
3 | Electric motor, generator parts | $1,802,068 |
4 | Power supplies, transformers | $1,075,507 |
5 | Electrical boards, panels and switches | $543,866 |
6 | Electrical supplies, apparatus, less than 1000V | $390,539 |
7 | Imports of returned exports | $370,967 |
8 | Parts for cellular communications | $280,284 |
9 | Parts for electrical supplies | $242,843 |
10 | Salvage | $226,873 |
| March 2012 |
Top St Kitts and Nevis Trading Partners
| Rank | District | Total YTD |
|---|---|---|
1 | Miami | $22,620,092 |
2 | New Orleans | $3,648,881 |
3 | Low Value Shipments | $3,094,145 |
4 | San Juan | $2,861,140 |
5 | New York City | $2,059,148 |
6 | Cleveland | $1,036,612 |
7 | Jacksonville/Tampa | $530,583 |
8 | Philadelphia | $321,282 |
9 | San Francisco | $263,445 |
10 | Houston | $228,683 |
Top US Trading Partners
| Rank | Country | Total YTD |
|---|---|---|
1 | CANADA | $153,987,495,076 |
2 | MEXICO | $122,398,351,478 |
3 | CHINA | $120,983,448,879 |
4 | JAPAN | $54,762,867,594 |
5 | GERMANY | $38,277,050,668 |
6 | UNITED KINGDOM | $28,840,373,748 |
7 | SOUTH KOREA | $25,150,256,689 |
8 | BRAZIL | $19,088,773,913 |
9 | SAUDI ARABIA | $18,638,133,172 |
10 | FRANCE | $17,857,130,070 |
St Kitts and Nevis’s trade rose to $37,274,217 through March
St Kitts and Nevis’s trade with the United States rose to $37,274,217 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s -10.34 percent below its total trade during the same time period last year. St Kitts and Nevis’s exports decreased -18.21 percent while imports rose 8.23 percent. The U.S. surplus with St Kitts and Nevis was $10,497,597.
Through March, St Kitts and Nevis’s top U.S. Customs districts for total imports and exports were No. 1 Miami, No. 2 New Orleans, No. 3 Low Value Shipments, No. 4 San Juan and No. 5 New York City compared to last year when the top spots were held by No. 1 Miami, No. 2 New Orleans, No. 3 San Juan, No. 4 Low Value Shipments and No. 5 New York City. In the current time period, the top five accounted for 8.72 percent of St Kitts and Nevis’s U.S. trade.. That compares to 21.27 percent for the nation’s top five Customs districts during the same time period.Taking a closer look at the leading U.S. gateways for U.S. trade with St Kitts and Nevis,:
- Trade with No. 1 Miami rose 3.49 percent to $22,620,092.
Exports fell -12.48 percent to $12,961,755. Imports rose 37.04 percent to $9,658,337. - Trade with No. 2 New Orleans fell -20.02 percent to $3,648,881.
Exports fell -25.36 percent to $1,142,679. Imports fell -17.33 percent to $2,506,202. - Trade with No. 3 Low Value Shipments fell -17.52 percent to $3,094,145.
Exports fell -17.03 percent to $2,867,272. Imports fell -23.30 percent to $226,873. - Trade with No. 4 San Juan fell -26.76 percent to $2,861,140.
Exports fell -24.28 percent to $2,857,266. Imports fell -97.09 percent to $3,874. - Trade with No. 5 New York City fell -44.07 percent to $2,059,148.
Exports fell -35.77 percent to $2,043,669. Imports fell -96.90 percent to $15,479.
Through March, 15 Customs districts posted trade surpluses with St Kitts and Nevis while 8 had deficits. That compares with 16 surpluses and 7 deficits for the same period one year ago. The top surplus was with Miami at $3,303,418, the largest deficit was with New Orleans at $-1,363,523.
Meanwhile, total U.S. trade with the world increased to $934,379,177,983, up 8.63 percent compared to the same period last year. The nation’s exports climbed 3.54 percent to $30,467,217,700; imports rose 5.09 percent to $43,800,507,934. The nation’s top five countries so far this year, by value, are Canada, Mexico, China, Japan and Germany. The overall trade deficit was $-171,264,242,143, up compared to the same period of last year when the deficit was $-157,930,951,909.
The top five U.S. exports to St Kitts and Nevis by value through March were low value shipments; parts for electrical supplies; parts for cellular communications; poultry, fresh, chilled or frozen; and natural or cultured pearls; precious, semiprecious, respectively. They accounted for 35.42 percent of total exports to St Kitts and Nevis.
The value of the top five U.S. imports from St Kitts and Nevis -- tvs, tv equipment, camcorders, digital cameras; electrical resistors, except heating resistors; electric motor, generator parts; power supplies, transformers; and electrical boards, panels and switches -- accounted for 84.96 percent of all inbound shipments.
Looking more closely at U.S. exports to St Kitts and Nevis:
- Low value shipments fell -17.03 percent compared to last year to $2,867,272.
- Parts for electrical supplies rose 12.59 percent compared to last year to $2,454,720.
- Parts for cellular communications rose 8,788.66 percent compared to last year to $1,425,208.
- Poultry, fresh, chilled or frozen fell -4.40 percent compared to last year to $901,794.
- Natural or cultured pearls; precious, semiprecious fell -60.87 percent compared to last year to $811,004.
Looking more closely at U.S. imports from St Kitts and Nevis
- TVs, TV equipment, camcorders, digital cameras rose 17.48 percent compared to last year to $4,618,748.
- Electrical resistors, except heating resistors rose 19.74 percent compared to last year to $3,334,859.
- Electric motor, generator parts fell -7.89 percent compared to last year to $1,802,068.
- Power supplies, transformers rose 9.75 percent compared to last year to $1,075,507.
- Electrical boards, panels and switches rose 15.19 percent compared to last year to $543,866.
In the latest annual figures available, St Kitts and Nevis recorded $41,574,991 in trade with the United States. At year’s end, its top five Customs districts were Miami, New Orleans, San Juan, Low Value Shipments and New York City. Total U.S. exports to St Kitts and Nevis were $115,880,368 and imports from St Kitts and Nevis were $54,642,859. The U.S. surplus with St Kitts and Nevis was $61,237,509.