Us Virgin Islands

State in United States

Exports (2019): $637M, Rnk 52/53

Top Destination (2019): $70.4M, Malaysia

Top Export (2019): $487M, Light petroleum distillates nes

Imports (2019): $937M, Rnk 52/53

Top Origin (2019): $166M, India

Top Import (2019): $404M, Light petroleum distillates nes

Economic Complexity (2019): -0.34, Rnk 51 / 53

Overview: This page contains the latest international trade data for US Virgin Islands, including export and import data.

Exports: In 2019, United States' Us Virgin Islands exported $637M, making it the 52nd largest exporter out of the 53 exporters in United States. In 2019 the top exports of Us Virgin Islands were Light petroleum distillates nes ($487M), Petroleum spirit for motor vehicles ($119M), Jewellery and parts of precious metal... ($9.4M), Motorboats, other than outboard motorboats ($3.69M), and Wrist-watch, base-metal case, battery, with hands ($3.53M).

Imports: In 2019, United States' Us Virgin Islands imported $937M, making it the 52nd largest importer out of the 53 importers in United States. In 2019 top imports of Us Virgin Islands were Light petroleum distillates nes ($404M), Petroleum spirit for motor vehicles ($385M), Petroleum oils, oils from bituminous minerals,... ($83.4M), Rubber: vulcanised (other than hard rubber),... ($13.6M), and Jewellery and parts of precious metal... ($8.38M).

Economic Complexity: In 2019, the highest complexity exports of Us Virgin Islands according to the product complexity index (PCI) are Laboratory Ceramic Ware (1.15), Sound Recording Equipment (0.66), Base Metal Watches (0.49), Recreational Boats (0.12), and Watch Straps (-0.049). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Value
Depth
Year

Top Destination (2019): Malaysia, $70.4M

Top Product (2019): Light petroleum distillates nes, $487M

In 2019 the top export destinations of Us Virgin Islands were Malaysia ($70.4M), Guadeloupe ($68.3M), Martinique ($65.9M), Barbados ($61.9M), and Haiti ($39.3M).

In 2019 the top exports of Us Virgin Islands were Light petroleum distillates nes ($487M), Petroleum spirit for motor vehicles ($119M), Jewellery and parts of precious metal... ($9.4M), Motorboats, other than outboard motorboats ($3.69M), and Wrist-watch, base-metal case, battery, with hands ($3.53M).

Export Dynamics

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Fastest Growing Exports Destination (July 2019 - July 2020)

Rapidly Declining Export Origins (July 2019 - July 2020)

Yearly Imports

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Value
Depth
Year

Top Origin (2019): India, $166M

Top Import (2019): Light petroleum distillates nes, $404M

In 2019 the top import origins of Us Virgin Islands were India ($166M), Algeria ($132M), South Korea ($85.7M), Argentina ($85.6M), and Sweden ($65.8M).

In 2019 the top imports of Us Virgin Islands were Light petroleum distillates nes ($404M), Petroleum spirit for motor vehicles ($385M), Petroleum oils, oils from bituminous minerals,... ($83.4M), Rubber: vulcanised (other than hard rubber),... ($13.6M), and Jewellery and parts of precious metal... ($8.38M).

Import Dynamics

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Fastest Growing Import Origins (July 2019 - July 2020)

Rapidly Declining Import Origins (July 2019 - July 2020)

Comparison in Time

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Value

This section shows differences between total trade from US Virgin Islands throughout time.

This section shows forecasts for total exports and imports from US Virgin Islands. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

Explore Forecasts

Economic Complexity

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Economic Complexity of United States

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Us Virgin Islands ranks 51st out of the 53 states and territories in United States according to ECI.

Estimated using exports data.

Discover Economic Complexity

Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Us Virgin Islands already has a comparative advantage, are led by Nitrogen Heterocyclic Compounds (0.021), Precious Metal Watches (0.019), Telephones (0.019), Diamonds (0.018), and Trunks and Cases (0.016).

Most Complex Products by PCI

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The highest complexity exports of Us Virgin Islands according to the product complexity index (PCI) are Laboratory Ceramic Ware (1.15), Sound Recording Equipment (0.66), Base Metal Watches (0.49), Recreational Boats (0.12), and Watch Straps (-0.049). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

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The most specialized products according to the RCA index are led by Refined Petroleum (26.6), Metal-Clad Products (17), Pearl Products (11.6), Stranded Aluminium Wire (11), and Recreational Boats (6.83).

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since Us Virgin Islands is more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.

Relatedness Space

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This network shows the products most related to the production structure of  Us Virgin Islands. These are products that tend to be co-exported with the products that Us Virgin Islands exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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Depth
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The Complexity-Relatedness diagram compares the risk and the strategic value of a territory's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.