Overview: In January 2021 U.S. Virgin Islands exported $154M and imported $5.61M, resulting in a positive trade balance of $149M. Between January 2020 and January 2021 the exports of U.S. Virgin Islands have increased by $132M (602%) from $22M to $154M, while imports decreased by $-106M (-95%) from $111M to $5.61M.
Trade: In January 2021, the top exports of U.S. Virgin Islands were Crude Petroleum ($4.06B), Refined Petroleum ($3.39B), Petroleum Gas ($2.86B), Commodities not elsewhere specified ($2.51B), and Soybeans ($2.1B). In January 2021 the top imports of U.S. Virgin Islands were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, U.S. Virgin Islands exported mostly to Netherlands ($74.1M), Marshall Islands ($20.9M), Ecuador ($15.1M), Guadeloupe ($14.6M), and Martinique ($14M), and imported mostly from Mexico ($2.01M), Dominican Republic ($1.13M), Trinidad and Tobago ($1.1M), France ($642k), and United Kingdom ($350k).
Growth: In January 2021, the increase in U.S. Virgin Islands's year-by-year exports was explained primarily by an increase in exports to China ($1.43B or 358%), China ($1.11B or 170%), and China ($656M or 116%), and product exports increase in Soybeans ($1B or 90.9%), Petroleum Gas ($936M or 48.6%), and Platinum ($742M or 188%). In January 2021, the decrease in U.S. Virgin Islands's year-by-year imports was explained primarily by an decrease in imports from Ireland ($-641M or -63.5%), Ireland ($-631M or -76.8%), and Mexico ($-502M or -5.79%), and product imports decrease in Crude Petroleum ($-995M or -52.5%), Nucleic Acids ($-936M or -83.4%), and Crude Petroleum ($-748M or -34.7%).