Value of goods and services exported from St. Kitts and Nevis to the United States in 2017 plummets to a 13 year low

Basseterre, St. Kitts, February 18, 2018 – The value of goods and services from St. Kitts and Nevis to the United States hit a 13-year-low in 2017.

This is according to Trade Statistics issued by the United States Census Bureau.

Comparing 2017 to 2016, exports dropped US$1.3 million EC$3.5 million).

According to the U.S. Government agency, exports in 2017 were valued at US$47.8 million (EC$129 million), the lowest since 2004.

The record shows that the value of goods and services from St. Kitts and Nevis to the United States over the 14-year period is as follows: 2016 – US$49.1 million (EC$132.5 million); 2015 – US$56.7 million EC$153 million); 2014 – US$56.8 million); 2013 – US$54.3 million (EC$147.1 million); 2012 – US$56.8 million (EC$153.8 million); 2011 – US$54.7 million (EC$147.6 million); 2010 – US$50.6 million (EC$136.6 million); 2009 – US$48.4 million (EC$130.6 million); 2008 – US$54.4 million (EC$146.8 million); 2007 – US$53.6 million (EC$144.7 million); 2006 – US$50.1 million (EC$135.2 million); 2005 – US$49.7 million (EC$134.7 million)

St. Kitts and Nevis companies exporting goods and services to the United States and their products are Lutron Liamuiga (dimmer switches and fan speed controls); Harowe Servo (St. Kitts) Ltd (small motors, PC Board Assemblies, Rotor Assemblies and resolvers); Kajola-Kristada (connectors, filters, trap and surface mounts; for the Cable TV and Communications Industry); CSR/DDL (CSR rum/brandy and Brinley flavoured rum products); Jaro Electronics (industrial motors and transformers) and Caribelle Batik, whose products are mostly purchased by cruise passengers and stayover visitors.

Photos show workers and the products exported to the U.S. from the C.A. Paul Southwell Industrial Park and the Bourkes Industrial Park