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U.S. Imports
$175.5M
U.S. Exports
$155.1M
Deficit of $20.4M (net importer)
The U.S. Virgin Islands is a U.S. territory in the Caribbean Sea, serving as a strategic transshipment point for goods moving between North America, South America, and Europe. The territory operates under U.S. customs jurisdiction but benefits from certain duty exemptions and foreign trade zone provisions. Key trade commodities include petroleum products, refined fuels, and tourism-related imports.
AI-written summary of the official U.S. Census Bureau trade figures on this page — verify before relying on it.
Goods produced or manufactured in the U.S. Virgin Islands may enter the U.S. mainland free of duty under specific conditions, but goods of foreign origin transshipped through the USVI are generally subject to standard U.S. import duties.
The U.S. Virgin Islands primarily exports refined petroleum products and petroleum derivatives, reflecting the territory's historical role as a major refining hub in the Caribbean.
Yes, the U.S. Virgin Islands has designated Foreign Trade Zone areas that allow businesses to defer, reduce, or eliminate customs duties on imported goods used in manufacturing or re-export operations.
Imports
Exports
| Rank | Product | Import value |
|---|---|---|
| 1 | LT OILS, PREPS GT=70% PETROLEUM/BITUM NT BIODIESEL | $121.5M |
| 2 | PETROL OIL BITUM MINERAL (NT CRUD) ETC NT BIODIESL | $34.7M |
| 3 | CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS | $5.1M |
| 4 | CANE MOLASSES FROM EXTRACTION OR REFINING OF SUGAR | $4.4M |
| 5 | JEWELRY AND PARTS THEREOF, OF OTH PRECIOUS METAL | $2.5M |
| Rank | Product | Export value |
|---|---|---|
| 1 | PETROL OIL BITUM MINERAL (NT CRUD) ETC NT BIODIESL | $112.6M |
| 2 | LT OILS, PREPS GT=70% PETROLEUM/BITUM NT BIODIESEL | $40.2M |
| 3 | MOTORBOATS OF A LENGTH EXCEEDING 24 M | $2.1M |
| 4 | MOTOR VEHICLES WITH ONLY ELECTRIC MOTOR, NESOI |
| $69K |
| 5 | BRAKES AND SERVO-BREAKS; PARTS THEREOF | $30K |