Saint Kitts and Nevis-United Kingdom Bilateral Trade Analysis 2023
Complete trade statistics: $7.66M total volume •Saint Kitts and Nevis deficit: $6.84M
Saint Kitts and Nevis → United Kingdom
$412,689
Exports (2023)
United Kingdom → Saint Kitts and Nevis
$7.25M
Imports (2023)
Trade Balance
$6.84M
Deficit for Saint Kitts and Nevis
Total Trade
$7.66M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Saint Kitts and Nevis and United Kingdom. Green line shows exports from Saint Kitts and Nevis, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Saint Kitts and Nevis-United Kingdom commercial relationship and competitive positioning in global markets.
Saint Kitts and Nevis → United Kingdom Exports
Export Market Intelligence
🎯 Strategic Export Focus
Saint Kitts and Nevis's export portfolio to United Kingdom demonstrates strategic specialization, with instruments, appliances and machines: for measuring or checking n.e.c. in chapter 90 representing a key competitive advantage in this bilateral market.
United Kingdom → Saint Kitts and Nevis Imports
Import Dependency Profile
📦 Import Strategy Analysis
Saint Kitts and Nevis's import pattern from United Kingdom reveals significant dependencyin medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Saint Kitts and Nevis demonstrates competitive strength in exportinginstruments, appliances and machines: for measuring or checking n.e.c. in chapter 90 to United Kingdom, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $7.66M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Saint Kitts and Nevis-United Kingdom Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $7.66 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Saint Kitts and Nevis maintains a deficit of $6.84 million
- Export Focus: Saint Kitts and Nevis's primary exports include instruments, appliances and machines: for measuring or checking n.e.c. in chapter 90, electrical machines and apparatus: having individual functions, not specified or included elsewhere in this chapter, n.e.c. in heading no. 8543, tea, black: (fermented) and partly fermented tea, in immediate packings of a content not exceeding 3kg
- Import Dependencies: Key imports from United Kingdom include medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, food preparations: n.e.c. in item no. 2106.10, dairy produce: cheese (not grated, powdered or processed), n.e.c. in heading no. 0406
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $7.66M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Saint Kitts and Nevis leveraging its comparative advantages in instruments, appliances and machines: for measuring or checking n.e.c. in chapter 90.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Saint Kitts and Nevis's specialization in instruments, appliances and machines: for measuring or checking n.e.c. in chapter 90complements United Kingdom's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $7.66M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $7.66M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $7.66 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in instruments, appliances and machines: for measuring or checking n.e.c. in chapter 90 and medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Saint Kitts and Nevis's trade deficit of $6.84 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Saint Kitts and Nevis and United Kingdom represents a total trade volume of $7.66 million in 2023. This partnership demonstrates an unfavorable trade balance for Saint Kitts and Nevis, with imports exceeding exportsby $6.84 million.
Export Strengths
Saint Kitts and Nevis's exports to United Kingdom total $412.69 thousand, with competitive advantages in instruments, appliances and machines: for measuring or checking n.e.c. in chapter 90, representing $195,810 or47.4% of bilateral exports.
Import Dependencies
Imports from United Kingdom amount to $7.25 million, highlighting economic interdependence in medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, with Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale comprising10.3% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Saint Kitts and Nevis's strategic sourcing from United Kingdom. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Saint Kitts and Nevis and United Kingdom in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023