US Virgin Islands

Overview In January 2024 US Virgin Islands exported $312M and imported $30.8M, resulting in a positive trade balance of $281M. Between January 2023 and January 2024 the exports of US Virgin Islands have increased by $52.6M (20.3%) from $259M to $312M, while imports decreased by $-70.2M (-69.5%) from $101M to $30.8M.

Trade In January 2024, the top exports of US Virgin Islands were Refined Petroleum ($311M), Cars ($239k), Jewellery ($185k), Hard Liquor ($119k), and Wine ($97.6k). In January 2024 the top imports of US Virgin Islands were Refined Petroleum ($6.59M), Commodities not elsewhere specified ($5.58M), Jewellery ($3.6M), Molasses ($3.17M), and Hard Liquor ($2.26M).

Destinations In January 2024, US Virgin Islands exported mostly to Guadeloupe ($55.1M), Haiti ($43M), Ecuador ($31.8M), Martinique ($27.8M), and Antigua and Barbuda ($27.6M), and imported mostly from Netherlands ($6.09M), Colombia ($5.38M), Italy ($4.28M), Guatemala ($3.2M), and Antigua and Barbuda ($1.39M).

Growth In January 2024, the increase in US Virgin Islands's year-by-year exports was explained primarily by an increase in exports to Sint Maarten ($17.3M or 2.14k%), Guadeloupe ($17.2M or 219%), and Barbados ($12.1M or 82.9%), and product exports increase in Refined Petroleum ($162M or 176%), Jewellery ($2.5M or 3.15k%), and Hard Liquor ($29.3k or 402%). In January 2024, the decrease in US Virgin Islands's year-by-year imports was explained primarily by an decrease in imports from Canada ($-311k or -98.8%), China ($-241k or -95.1%), and Guatemala ($-151k or -7.79%), and product imports decrease in Refined Petroleum ($-173M or -63.7%), Centrifuges ($-224k or -95.8%), and Other Furniture ($-158k or -85.4%).