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Saint Kitts & Nevis Net Trade (Goods & Services, BoP)

Saint Kitts & Nevis' net trade (goods & services, bop) rose to $-138.54 million in 2024, up from $-89.6 million in 2023, according to World Bank. This represents an increase of 54.6% ($48.94 million) from the previous year. Saint Kitts & Nevis has net trade (goods & services, bop) higher than the global median (-$138.54 million vs median -$215.12 million). Compared with the median in Americas, Saint Kitts & Nevis is lower (-$138.54 million vs regional median -$131.64 million) and ranks 21st out of 39 countries in Americas.

Yearly Historical Data (1980-2024)

(in Million USD)
Year Net Trade (Goods & Services, BoP) (Million USD)
2024 -138.54
2023 -89.6
2022 -63.87
2021 -6.18
2020 -76.3
2019 -36.46
2018 11.97
2017 -37.05
2016 -52.31
2015 3.41
2014 77.15
2013 38.76
2012 14.7
2011 -22.14
2010 -56.14
2009 -98.69
2008 -56.92
2007 -32.16
2006 3.87
2005 31.36
2004 27.17
2003 -29.57
2002 -54.58
2001 -56.32
2000 -67.05
1999 -59.24
1998 -48.03
1997 -55.92
1996 -65.66
1995 -53.68
1994 -22.18
1993 -25.37
1992 -12.33
1991 -35.01
1990 -49.98
1989 -40.2
1988 -31.7
1987 -22.22
1986 -14.68
1985 -13.84
1984 -15.94
1983 -26.14
1982 -20.42
1981 -16.35
1980 -14.42
Saint Kitts & Nevis Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Saint Kitts & Nevis, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.
Indicator Last Value Prior Value Period
Annual Exports $33.25M $36.86M 2017
Annual Imports $308.95M $333.78M 2017
FDI Inflows (% GDP) 2.05% 2.92% 2024
Tariff Rate 10.03% 14.3% 2020