Saint Kitts and Nevis

Saint Kitts and Nevis

Global Trade Profile • Rank #198 Exporter

$76.04M

Total Exports (2023)

$312.43M

Total Imports (2023)

$236.39M

Trade Deficit

#198

Export Ranking

Trade Flow Visualization

Interactive map showing Saint Kitts and Nevis's top trading partners. Green lines represent exports, red lines represent imports.

#198

Export Rank

$76.04M

Total Exports

$312.43M

Total Imports

-$236.39M

Trade Balance

29

Trade Partners

🌍 Top Export Destinations

Top Export Products

#1Motorboats: (other than outboard motorboats), for ...
51.0%$38.76M
#2Instruments, appliances and machines: for measurin...
9.8%$7.42M
#3Vessels and other floating structures: for breakin...
6.7%$5.08M
#4Beer: made from malt
5.0%$3.79M
#5Electrical transformers: n.e.c. in item no. 8504.2...
4.3%$3.29M
#6Boards, panels, consoles, desks and other bases: f...
2.7%$2.08M
#7Boards, panels, consoles, desks and other bases: f...
2.1%$1.56M
#8Mammals: live, primates
1.4%$1.06M
#9Yarn: (not sewing thread), multiple (folded) or ca...
1.4%$1.03M
#10Rum and other spirits obtained by distilling ferme...
1.3%$977,677

📥 Top Import Sources

Top Import Products

#1Petroleum oils and oils from bituminous minerals, ...
13.4%$41.74M
#2Motorboats: (other than outboard motorboats), for ...
10.6%$33.05M
#3Jewellery: of precious metal (excluding silver) wh...
2.7%$8.53M
#4Meat and edible offal: of fowls of the species Gal...
2.3%$7.12M
#5Vehicles: with only spark-ignition internal combus...
2.0%$6.22M
#6Machinery parts: not containing electrical connect...
1.8%$5.70M
#7Vehicles: with only spark-ignition internal combus...
1.6%$5.13M
#8Cruise ships, excursion boats and similar vessels,...
1.0%$3.00M
#9Stones: precious or semi-precious stones (natural,...
0.9%$2.79M
#10Medicaments: consisting of mixed or unmixed produc...
0.8%$2.59M

📈 Historical Trade Trends (1995-2023)

29 Years

Data Coverage

29

Data Points

📈

Trend Direction

Saint Kitts and Nevis Trade Analysis 2023

📊 Overview

#198
Global Export Rank
388.47M
Total Trade Volume
0.00%
Share of Global Trade

Saint Kitts and Nevis stands as the world's #198 largest exporter and #201 largest importer, demonstrating emerging market dynamics.

The trade profile reveals a deficit of 236.39 million, reflecting import dependencies for growth.

⚠️
Trade deficit of 75.7% of imports requires careful management of external financing.
76.04M
Total Exports
312.43M
Total Imports
0.24
Export/Import Ratio

The country maintains active trading relationships with 20 major partners, creating a highly diversified trade network.

Monthly trade flows average $32.37M, generating continuous economic activity across logistics, finance, and trade services.

🚢 Export Markets

Malta
USA
Türkiye
Saint Vincent and the Grenadines
Guyana
Others

Export Market Concentration

49.8%
$37.84M
21.5%
$16.39M
6.7%$5.09M
2.7%$2.04M
2.3%$1.78M
1.8%$1.35M
13 others
8.9%$6.73M

Export concentration shows Malta as the dominant market at 49.8%. The top three markets control 78.0% of exports.

⚠️

Market Concentration Risk

Heavy reliance on Malta (49.8% of exports) creates vulnerability to bilateral tensions or economic downturns in that market.
85.4%
Top 5 Markets
93.5%
Top 10 Markets
20
Total Partners

Regional patterns reveal globally balanced access. Secondary markets (France, Slovakia, Germany) provide $6.12M in additional trade.

📦 Import Sources

Import Source Concentration

50.8%
$158.76M
10.7%$33.35M
8.1%$25.24M
2.4%$7.34M
2.3%$7.25M
2.3%$7.17M
2.0%$6.13M
13 others
16.7%$52.14M

Saint Kitts and Nevis relies heavily on USA for imports (50.8%),creating supply chain concentration risk.

Energy suppliers including United Arab Emirates (2.23M) collectively provide 2.23 million or 0.7% of imports, highlighting the economy's dependence on imported energy resources.

Manufacturing inputs come primarily from China, Thailand, Indonesia, reflecting deep integration into Asian production networks. China's dominant position at 25.24 million encompasses electronics components, textiles, machinery parts, and consumer goods, creating both efficiency benefits and concentration risks.

The USA provides 158.76 million (50.8%) in imports, concentrated in agricultural products, aircraft, pharmaceuticals, and advanced technology.The top 10 import sources account for 83.9% of total imports, with the remaining 16% distributed among 10 other suppliers.

Regional sourcing patterns reveal diversified global sourcing. European suppliers including Italy (33.35M), France (2.97M), Netherlands (2.47M) focus on luxury goods, machinery, and specialized chemicals.

Supply chain resilience strategies increasingly emphasize "China Plus One" approaches, with India, Thailandemerging as alternative manufacturing bases. The geographic proximity of major suppliers balances efficiency with risk diversification.

📦 Product Composition

🚀 Export Products

Top Export Products

(other than outboard motorboats), for pleasure or ...
51.0%
$38.76M
for measuring or checking n.e.c. in chapter 90...
9.8%$7.42M
for breaking up...
6.7%$5.08M
made from malt
5.0%$3.79M
n.e.c. in item no. 8504.2, having a power handling...
4.3%$3.29M
3 others
6.2%$4.71M

Saint Kitts and Nevis's export economy centers on diversified industrial production, with the leading export being (other than outboard motorboats), for pleasure or sports, other than inflatableat $38.76 million, accounting for 51.0% of total exports.

Electronics, semiconductors, and machinery contribute 8.09 million or 10.6% of exports.

The automotive sector's dominance is evident in the export portfolio, with constituting parts of machines, appliances or vehi... (320,064). This automotive specialization reflects decades of manufacturing excellence, continuous innovation in fuel efficiency and hybrid technology, and established global brand recognition.

The transition to electric and hybrid vehicles is captured in export data, with 6 categories specifically related to alternative propulsion systems, totaling $8.75M.

Beyond automotive, Saint Kitts and Nevis maintains strong positions in specialized equipment, electronic components (8.09M), and Motorboats, Instruments, appliances and machines, Vessels and other floating structures.

The top 20 export products collectively account for 92.4% of total exports, revealing moderate concentration with room for further diversification.

🛒 Import Products

Top Import Products

preparations n.e.c. containing by weight 70% or mo...
13.4%$41.74M
(other than outboard motorboats), for pleasure or ...
10.6%$33.05M
of precious metal (excluding silver) whether or no...
2.7%$8.53M
of fowls of the species Gallus domesticus, cuts an...
2.3%$7.12M
with only spark-ignition internal combustion recip...
2.0%$6.22M
3 others
4.4%$13.82M

Energy dominates Saint Kitts and Nevis's import profile, with fossil fuels accounting for 41.74 million or 13.4% of total imports. Crude oil leads at 41.74 million (13.4%), followed by natural gas and coal. This energy import dependency shapes economic policy, inflation dynamics, and strategic relationships with supplier nations.

Beyond energy, critical imports include (other than outboard motorboats), for pl... (33.05M, 10.6%), of precious metal (excluding silver) whe... (8.53M, 2.7%), of fowls of the species Gallus domesticu... (7.12M, 2.3%), with only spark-ignition internal combus... (6.22M, 2.0%), not containing electrical connectors, in... (5.70M, 1.8%).Pharmaceutical products represent 2.59 million (0.8%), reflecting healthcare sector demands.

The import product mix reveals structural characteristics of Saint Kitts and Nevis's economy: integration into global electronics supply chains, food security dependencies, and sophisticated consumption patterns.

The ratio of raw materials to finished goods in imports (8 : 12among top 20 products) indicates balanced import composition. Import substitution potential exists in technology and agriculture sectors through targeted industrial policies and investment.

Product diversification metrics reveal focused product specializationwith implications for economic resilience and growth potential. The technology ladder progression from 9 primary products to 10 high-tech goods indicates the economy's structural transformation and industrial upgrading trajectory.

Value addition opportunities exist in transitioning from raw material exports to processed goods, from components to finished products, and from standard to customized offerings. The product space connectivity, measuring relatedness between current exports and potential new products, suggests strong potential for diversification into adjacent sophisticated products.

⚖️ Trade Balance Dynamics

-236.39 million
Trade Deficit 60.85% of total trade
PartnerExportsImportsBalance
USA$16.39M$158.76M$-142.38M
Malta$37.84M$0+$37.84M
Italy$0$33.35M$-33.35M
China$208,559$25.24M$-25.03M
Türkiye$5.09M$7.17M$-2.08M

Export-to-import ratio of 0.243 means exports cover 24.3% of import costs.

🔗 Key Relationships

Major Trading Partners

PartnerExportsImportsBalance
USA$16.39M$158.76M$-142.38M
Malta$37.84M$0+$37.84M
Italy$0$33.35M$-33.35M
China$208,559$25.24M$-25.03M
Türkiye$5.09M$7.17M$-2.08M
Saint Vincent and the Grenadines$3.57M$5.44M$-1.86M
United Kingdom$412,689$7.25M$-6.84M
Japan$0$7.34M$-7.34M
Total$63.52M$244.56M$-181.05M

The Saint Kitts and Nevis-USA relationship leads at 175.15 million in bilateral trade.View detailed analysis →

Additional major partnerships include Italy (33.35M total trade), China (25.45M total trade), Türkiye (12.27M total trade). Regional integration through Asian supply chains facilitates technology transfer, market access, and production efficiency. The diversity of trading relationships—320.27M across top 10 partners—provides resilience against bilateral tensions and regional disruptions.

🏆 Competitive Position

Global rankings position Saint Kitts and Nevis as the #198 exporter worldwide,in the developing trader category. The country's share of global exports at approximately 0.001%offers opportunities for market share expansion.

Export sophistication, measured by the dominance of technology-intensive products, indicates advanced industrial capabilities. The revealed comparative advantage (RCA) index shows strongest competitiveness in sectors where Saint Kitts and Nevis's global market share exceeds its overall trade share by factors of 2 or more.

Competitive advantages emerge in sectors where export concentration exceeds import share, particularly in(other than outboard moto, for measuring or checking, for breaking up. The revealed comparative advantage is strongest in product categories representing67.4% of exports. Market positioning against regional competitors shows niche specialization opportunities.

Trade complementarity with major partners suggests regional production network participation. The export quality ladder, comparing unit values to world averages, indicates competitive pricing strategies.

Competitive dynamics are shaped by factor endowments including cost advantages and resource availability, infrastructure quality, and business environment. The export survival rate, measuring the persistence of export relationships over time, suggests need for relationship strengthening.

Innovation capacity, reflected in the technology content of exports and R&D intensity, determines long-term competitiveness trajectories. The competitive threat from emerging exporters in similar product categories requires continuous upgrading and differentiation strategies to maintain market position. Regional integration through trade agreements provides preferential access to0 markets, creating competitive advantages over non-member competitors.

🎯 Strategic Outlook

ℹ️

Strategic Priority

With a trade deficit of 236.39M, focus should be on export promotion in high-value sectors and strategic import substitution.

The trade profile presents both opportunities and challenges for economic development strategy. Key strengths include strong import capacity enabling technology transfer and consumption growth,diversified market access reducing concentration risk, and competitive positions in high-value manufacturing.

Vulnerabilities include excessive reliance on single export markets. The intersection of these factors creates a complex strategic landscape requiring careful navigation to maximize opportunities while mitigating risks.

Strategic priorities should focus on export promotion and import substitution to enhance trade competitiveness. Opportunities exist in expanding trade with Czechia, Dominica, Singapore, developing new product capabilities in adjacent product categories, and strengthening regional integration through new partnership frameworks.

The digital transformation of trade, including e-commerce, digital services, and blockchain-based trade finance, offers new avenues for market access and efficiency gains. Green trade opportunities in renewable energy, sustainable products, and carbon markets represent growing segments aligned with global sustainability goals.

The evolving global trade environment, characterized by technological disruption, geopolitical realignment, and sustainability imperatives, will fundamentally reshape Saint Kitts and Nevis's trade prospects. Success requires balanced policies addressing both improving export capacity while ensuring sustainable import financing.

Investment in infrastructure, education, and innovation ecosystems will determine the ability to climb value chains and capture larger shares of global value addition. The resilience agenda, emphasizing supply chain robustness, strategic autonomy in critical sectors, and economic security considerations, must be balanced with efficiency and openness principles.

As global trade patterns continue evolving, Saint Kitts and Nevis's position as the world's #198 exporter provides a platform for continued growth, requiring adaptive strategies, institutional strengthening, and sustained commitment to competitiveness enhancement in an increasingly complex and interconnected global economy.

Data Notes

Data from CEPII BACI database, harmonized using UN Comtrade methodology. All values in current USD at 2023 exchange rates. Trade statistics cover merchandise goods only, excluding services. Mirror statistics reconciliation applied for data consistency. 2024 data available January 2026. HS6 product classification follows 2017 revision.

Data source: CEPII BACI | Last updated: January 2025 | Next update: January 2026