St Kitts And Nevis Remains Region's Leading Exporter To US

by Phillip Morton, Investors Offshore.com

29 December 2009

Statistics issued by the Foreign Trade Division of the United States Census Bureau, relating to September-October 2009, reveal that St Kitts and Nevis was the Caribbean's largest exporter to the United States.

The twin-island Federation exported USD9m of goods in September and October (USD4.3m and USD4.7m, respectively) and USD41.3m over the first 10 months of the year.

This is considerably more than other Caribbean territories, with the next largest, Barbados, exporting USD5.4m over the two-month period, followed by St Lucia (USD3.6m), the British Virgin Islands (USD1.4m), Anguilla (USD1.3m), Antigua and Barbuda (USD1.2m), and Grenada (USD1.1m).

St Kitts and Nevis’ diversified economy has been credited for allowing the territory to maintain growth during the downturn, while other less diversified territories have succumbed to recession.

.

 

 






Write a comment