Overview In August 2021 U.S. Virgin Islands exported $284M and imported $149M, resulting in a positive trade balance of $135M. Between August 2020 and August 2021 the exports of U.S. Virgin Islands have increased by $183M (182%) from $101M to $284M, while imports increased by $128M (627%) from $20.5M to $149M.
Trade In August 2021, the top exports of U.S. Virgin Islands were Crude Petroleum ($176M), Refined Petroleum ($107M), Vehicle Parts ($8.9k), Commodities not elsewhere specified ($7.15k), and Beer ($7.04k). In August 2021 the top imports of U.S. Virgin Islands were Refined Petroleum ($139M), Molasses ($3.5M), Hard Liquor ($1.97M), Beer ($1.09M), and Jewellery ($918k).
Destinations In August 2021, U.S. Virgin Islands exported mostly to Vietnam ($73M), Panama ($57.5M), Trinidad and Tobago ($50.5M), Taiwan ($45.8M), and Guadeloupe ($12.3M), and imported mostly from Algeria ($63.2M), India ($48.8M), Greece ($12.7M), Bahamas ($7.4M), and Sweden ($4.58M).
Growth In August 2021, the increase in U.S. Virgin Islands's year-by-year exports was explained primarily by an increase in exports to Trinidad and Tobago ($39.6M or 362%), Saint Lucia ($3.24M or 127%), and Dominica ($2.24M or 2.12k%), and product exports increase in Refined Petroleum ($6.46M or 6.42%) and Beer ($3.72k or 112%). In August 2021, the increase in U.S. Virgin Islands's year-by-year imports was explained primarily by an increase in imports from India ($38M or 350%), Dominican Republic ($1.05M or 432%), and France ($700k or 482%), and product imports increase in Refined Petroleum ($121M or 647%), Hard Liquor ($1.63M or 486%), and Beer ($1M or 1.15k%).