U.S. Imports
$271.4M
U.S. Exports: $0
Deficit of $271.4M (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.
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.
| Rank | Product | Import value |
|---|---|---|
| 1 | LT OILS, PREPS GT=70% PETROLEUM/BITUM NT BIODIESEL | $154.3M |
| 2 | PETROL OIL BITUM MINERAL (NT CRUD) ETC NT BIODIESL | $50.1M |
| 3 | CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS | $28.8M |
| 4 | AROM HYDC NESOI 65PCT AO DSTLS A 250DC ASTM D 86 | $21.9M |
| 5 | CANE MOLASSES FROM EXTRACTION OR REFINING OF SUGAR | $8.5M |
| Rank | Product | Export value |
|---|---|---|
| 1 | LT OILS, PREPS GT=70% PETROLEUM/BITUM NT BIODIESEL | $72.3M |
| 2 | PETROL OIL BITUM MINERAL (NT CRUD) ETC NT BIODIESL | $59.0M |
| 3 | PETROLEUM GASES ETC., LIQUEFIED, NESOI | $577K |
| 4 | JEWELRY AND PARTS THEREOF, OF OTH PRECIOUS METAL |
| $218K |
| 5 | MTR VEH TRANS GDS SPK-IG IN C P ENG, GVW > 5 M TN | $100K |
Imports
Exports