2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
 GDP
$962MCURRENT US$
Rnk 177 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 133 / 186
2022
Flag
GDP PC 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC
$20,177CURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP PC GROWTH
16.7%CURRENT US$
Rnk 97 / 186

About

Italy-Saint Kitts and Nevis Trade: In 2022, Italy exported $28M to Saint Kitts and Nevis. The main products that Italy exported to Saint Kitts and Nevis were Recreational Boats ($26.7M), Industrial Food Preperation Machinery ($392k), and Washing and Bottling Machines ($206k). Over the past 5 years the exports of Italy to Saint Kitts and Nevis have increased at an annualized rate of 59.3%, from $2.72M in 2017 to $28M in 2022.

In 2022, Italy did not export any services to Saint Kitts and Nevis.

Saint Kitts and Nevis-Italy Trade: In 2022, Saint Kitts and Nevis exported $11.8M to Italy. The main products that Saint Kitts and Nevis exported to Italy were N/A. Over the past 5 years the exports of Saint Kitts and Nevis to Italy have increased at an annualized rate of 31.7%,  from $63.2k in 2017 to $11.8M in 2022.

In 2022, Saint Kitts and Nevis did not export any services to Italy.

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). That same year, Saint Kitts and Nevis ranked 203 in total exports ($43.7M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $28M to Saint Kitts and Nevis. The main products exported from Italy to Saint Kitts and Nevis were Recreational Boats ($26.7M), Industrial Food Preperation Machinery ($392k), and Washing and Bottling Machines ($206k). During the last 5 years the exports of Italy to Saint Kitts and Nevis have increased at an annualized rate of 59.3%, from $2.72M in 2017 to $28M in 2022.

In 2016, Saint Kitts and Nevis exported $11.8M to Italy. There were not main exports from Saint Kitts and Nevis to Italy in 2016. During the last 5 years the exports of Saint Kitts and Nevis to Italy have increased at an annualized rate of 31.7%, from $63.2k in 2021 to $11.8M in 2016.

Exports from Italy (Flag) to Saint Kitts and Nevis (Flag) (2022)

Exports from Saint Kitts and Nevis (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B

This map shows whether countries import more from Italy or Saint Kitts and Nevis. Each country is colored based on the difference in imports they receive from Italy and Saint Kitts and Nevis or the difference in the growth in imports.

In 2022, countries that imported more from Italy than Saint Kitts and Nevis included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, countries that imported more from Saint Kitts and Nevis than Italy included Montserrat ($149k).

Difference in imports from Saint Kitts and Nevis (Flag) and Italy (Flag) (2022)

Comparative Advantage Italy - Saint Kitts and Nevis

Flow
Scale

This chart compares trade between Italy and Saint Kitts and Nevis by product, considering products traded by both, Italy and Saint Kitts and Nevis.

During 2022, Italy had a large net trade with Saint Kitts and Nevis in the exports of Transportation ($26.7M), Machines ($763k), and Foodstuffs ($230k).

During 2016, Saint Kitts and Nevis had a large net trade with Italy in the exports of .

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Italy and Saint Kitts and Nevis. This means that a dot/product with the flag of Italy indicates it has a comparative advantage over Saint Kitts and Nevis. Similarly, a dot/product with the flag of Saint Kitts and Nevis indicates it has a comparative advantage over Italy.

Product Space of Italy (Flag) and Saint Kitts and Nevis (Flag) (2022)

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