Overview: In January 2021 US Virgin Islands exported $134M and imported $6.17M, resulting in a positive trade balance of $128M. Between January 2020 and January 2021 the exports of US Virgin Islands have increased by $112M (504%) from $22.1M to $134M, while imports decreased by $-105M (-94.5%) from $111M to $6.17M.
Trade: In January 2021, the top exports of US Virgin Islands were Refined Petroleum ($133M), Integrated Circuits ($188k), Jewellery ($135k), Gravel and Crushed Stone ($80k), and Diamonds ($43.3k). In January 2021 the top imports of US Virgin Islands were Petroleum Gas ($2.22M), Crude Petroleum ($1.93M), Wine ($642k), Valves ($350k), and Other Furniture ($277k).
Destinations: In January 2021, US Virgin Islands exported mostly to Netherlands ($73.2M), Marshall Islands ($20.9M), Guadeloupe ($14.6M), Martinique ($9.45M), and Curaçao ($7.25M), and imported mostly from Mexico ($2.02M), Dominican Republic ($1.13M), Trinidad and Tobago ($1.1M), France ($642k), and United Kingdom ($350k).
Growth: In January 2021, the increase in US Virgin Islands's year-by-year exports was explained primarily by an increase in exports to Guadeloupe ($8.77M or 150%), Martinique ($7.07M or 297%), and Barbados ($1.85M or 103%), and product exports increase in Refined Petroleum ($113M or 557%) and Integrated Circuits ($172k or 1.08k%). In January 2021, the decrease in US Virgin Islands's year-by-year imports was explained primarily by an decrease in imports from Brazil ($-47.9M or -99.9%), India ($-29.7M or -100%), and Canada ($-98.4k or -91.6%), and product imports decrease in Centrifuges ($-396k or -87.4%), Jewellery ($-158k or -97.8%), and Beer ($-112k or -59.2%).